Home Credit Services Accounts Receivables Background Credit Staffing Prospective Applicants Prospective Clients About Us
A franchise background check is part of the due diligence process for a franchisor
"A franchise background check will reveal a lot about the franchisor"

Franchise Background

Credit Process Advisors or CPA provides franchise background check services for franchisors and franchisees in Canada and the US. When a franchisor or franchisee are in the initial negotiation phase of a franchise deal both sides need to do their own due diligence. A Franchise Background check is part of the due diligence process for a franchisor and franchisee.

Franchise Background Check

A franchise background check is particularly important when it comes to selling a franchise to a franchisee. Both parties are about to enter into a long term relationship and often the franchisee is new to the franchisor's industry or business. One of the first steps in the sales process for a franchisor should be a Background Check. After all, the franchisee background will have a major bearing on whether the franchise will be a success for both parties.

Sometimes a franchise background check will indicate that a franchisee isn't the right fit for the franchisor or vice versa. While checking a franchise background has a cost, it is minimal compared to the time that could have been wasted working on a franchise deal that is doomed from the start.

Both the franchisor and franchisee should protect their interests with a Franchise Background Check

A franchisor or franchisee needs to screen the other party as part of their due diligence process. CPA franchise background check services are part of the process. A franchise background check will reveal a lot about the franchisee or franchisor. A background check will confirm whether they have the financial stability to make a success of their new franchise. The franchise background check will also be a good indicator of work and experience history.

Of course a franchisee or franchisor must consent to a background check and a waiver should be signed in the early stages. A franchisee oor franchisor background check is the most cost effective step either party can take. A background check can save a lot of time and grief, or confirm the franchisee is a good fit for the franchisor or vice versa.

Contact us when you need franchise background details. We can also set up a franchise background check system that will be a cost effective and integral part of your franchisee or franchisor due diligence.
Free Consultation
© Copyright 2011, Credit Process Advisors Inc.
Suite 314C, 8944 182 Street, Edmonton Alberta, T5T 2E3
Main: (855) 224-6649     Fax: (780) 486-3998     Direct: (780) 643-2150