The Good and Bad of Buying an Existing Franchise
Many entrepreneurs don’t understand that business people who wish to purchase a franchise do not have to buy the franchise from the franchisor. There are thousands of people in the…
Franchising Posts
How to Choose, Buy, and Operate a Successful Franchise
Decision 1: Should you Buy a Franchise or Go Indie? You may have read our post Franchise or Indie? where we considered the advantages of buying a franchise as well…
Is a Franchise Right for You?
Owning a business is full of decisions, beginning with whether you should start an independent business or purchase a proven business concept, commonly known as a franchise. There are pros…
You May Need a Franchise Financial Forecast If…
Suppose you're considering buying a franchise and you're facing any of the following situations: You need to source funds for your project. Your franchisor is asking you for a financial…
Do Your Homework Before Buying That Franchise
A recent issue of The Wall Street Journal ran a special advertising feature written by Julie Bennett and titled The Future for Emerging Brands. It was targeted at companies that…
Want an E-2 Visa? Think Franchise
Many prospective clients come to us to ask for help with the preparation of a business plan that would be submitted as part of a petition (application) for an E-2…
Franchise or Indie?
We received an inquiry recently from a prospective entrepreneur who needed a business plan to submit to Subway in order to be approved to be a franchisee. We told him…
Consider These Criteria before Buying a Franchise
We receive requests quite regularly from prospective clients who are interested in purchasing a franchise. Very often, these are corporate middle managers who, for one reason or another, no longer…