How do I know if the franchise I have chosen will make a profit?

Some franchises come with an income guarantee but they are not necessarily the best option. You may be buying a franchise, having previously been an employee. Limiting your search only to franchises that guarantee income may suggest that you are better suited to an employment relationship than the risk and return environment of a business owner. The best way to ensure that the franchise you have chosen provides you with the return you are seeking for the risk you are taking is to do your research. The franchisor is required by law to tell you that you should obtain independent legal, accounting and business advice. You should obtain that advice to ensure that the franchise agreement is 'standard' and to help you to establish financial plans and budgets.