Franchise buyers are often at different stages of the buying phase: some people know exactly what franchise they want to buy, whereas others take as much time as they desire to ensure they make the right business decision.

At any stage of buying a franchise – whether one is a prospective franchisee looking to buy their first franchise or an existing franchisee looking to expand their portfolio – there are always tips to soak in to help drill down to what it takes to make success a reality.

Here are eight tips for franchise buyers: