Close examination: the devil is in the detail. A cliche? Possibly - but not a bad one to have in mind when considering buying a franchise. Jane Masih reveals.(Franchise ADVICE)

Any prospective franchisee should proceed with a degree of caution when weighing up different franchise opportunities. Don't be afraid to ask searching questions to ensure you really know what the business will demand of you, both financially and by way of commitment and effort. The detail is important. For example, if you are not sure if the financial illustrations provided by the franchisor are describing turnover or profit, ask, because there is a world of difference!

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Make sure you know how long you are committed to the business before the agreement ends. Remember, being a franchisee is not like being an employee. It is highly unlikely you …