As a former franchisor and having helped friends buy franchises, I have witnessed many things related to filling out franchise applications. A lot of people try to cheat on resumes, but in the franchise world, well, that’s a really serious mistake.

For example, if you lie on a franchise application form and then sign it, the franchisor in a future legal dispute may be able to use that against you and claim that if you had told the truth, you might not have been sold. the franchise in the first place, therefore giving them the upper hand in litigation. On top of that problem, you are really setting a bad precedent to lie about a franchise application at the beginning of the franchise relationship.

You see, the franchisor is bound to find out anyway. It would be the same if she lied to her future husband or wife before marrying them, and the franchise has been likened to a marriage of sorts by just about everyone in the industry at one point or another. So do yourself a favor, yes, do your best and do whatever it takes to look like the best candidate of your choice, but tell the truth.

Whatever you do, don’t lie about your ability to finance the franchise or pay for it, as you will need working capital and cash flow in the beginning to survive, lying about that could cause you to fail and lose everything. Also, keep in mind that the franchisor wants a team player, a hard shipper, and someone who will proudly represent the brand to the best of their ability, that’s what I’ve always looked for in the franchisees we take on. Please consider this.

Leave a Reply

Your email address will not be published. Required fields are marked *