How To Choose the Perfect Franchise Business

Fisher: I think you should know timing for when you're prepared to make an investment. You should have a process and procedure for looking at these investments. Identify a professional accountant to help you prepare well-thought-out projections of what your business will do and of course a franchise attorney -- not the person who wrote your will -- who is experienced in these kinds of matters. It's probably the most expensive investment that a person will make. A good place to start is the IFA's website.

I always say to folks, don't fall in love with the yogurt. Make a business analysis. Even brands you never heard of might be an ideal opportunity for you. It's not that easy to pick them. We have so many people calling about yogurt today. There are yogurt stores on every corner, so you really have to make a competitive decision.

-- Written by Laurie Kulikowski in New York.

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