What to ask before buying a franchise

 Dear WW: My husband wants to buy a franchise. He wants to work for himself and he thinks a franchise will be easy, like paint by numbers business. Isn’t he understating the challenge? NOT KID STUFF
Dear KID STUFF,
A few years ago I stayed at a hotel in Cincinnati. At first everything seemed normal-the usual run [...]

How to know if a business is failing

Dear WW: I’m thinking about buying a printing business. The business has been doing well. It does good work and has a base of loyal customers. But I worry about the kinds of stuff that could derail it in the future. A BAD IDEA?
Dear IDEA,
I once cast my vote in a column for the goofiest [...]

How to tell if a business opportunity is worth pursuing

Dear WW: A friend wants to dump most of his life savings into a “business opportunity” that I fear is a scam. I’ve encouraged him to look up the franchise with the Better Business Bureau. What else should I encourage him to do? THEY’RE TAKING HIM TO THE CLEANERS
Dear Taking,
If there’s one thing every entrepreneur [...]