Before embarking on the purchasing process, take the time to meet franchisees who are already operating a business under the banner you are interested in and gather information regarding daily operations, any difficulties they have encountered and the support provided by the franchisor. If you are then still interested in this venture, there are two ways of proceeding: negotiate directly with the franchisor or purchase an existing franchise. In each case, a due diligence should be conducted which will include various points, starting with a careful review of all the documentation that comprises the franchise agreement you will be committing to. Obtain advice from experts regarding your rights and obligations, as well as the corporate structure that is best suited for this project. Naturally, taking the necessary measures to obtain the capital required for the purchase of a franchise will allow you to identify the cost of borrowing as well as the applicable terms and conditions.