Watch out for these franchise warning signs:
1. A franchisor who loses touch with its franchisees is a disaster for franchisees waiting to happen.
2. A company who purchases a franchise system with little to no franchise experience is a disaster for franchisees waiting to happen.
3. A franchisor whose business model depends on the sale and resale of franchise locations is a disaster for franchisees waiting to happen.
4. A franchisee that waits for others to take action to improve the system is a disaster for franchisees(including itself) waiting to happen.