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Thinking about buying a franchise? If you've ever had the singular experience of buying a home, then coming to a decision as important as buying the right franchise will be easy. Well, maybe not easy, but at least having undergone the purchase of real estate--and the sheer terror of the experience--will make researching and evaluating a franchise that much easier for you.
Make no mistake: Becoming a franchise business owner demands just as much attention to detail--and possible legal traps--as becoming a homeowner. In fact, the familiar disciplines of home-buying can teach you a lot about how to go about a franchise purchase. Here, then, are the "house rules" to live by:
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