LEGAL: Experience
![Spadea-_July24](https://franchisedictionarymagazine.com/wp-content/uploads/2024/06/Spadea-_July24.jpg)
It is so tempting for a franchisor to only tout what they do well, the good decisions they have made and the incredible systems they have built. Although it may sound counterintuitive, a big part of the value of experienced brands comes from all the things they didn’t do well over the years. Franchising works because new franchisees build their business on the shoulders of those who came before them. By Tom Spadea