Franchise Opportunities – Buy an Existing Business or Franchise?

The question is really “should I buy a franchise, buy an existing franchise, or buy an existing non-franchised business?”  In other words, it is possible to purchase an existing franchise from its current owner and in some cases this makes great sense. The primary issue to consider is
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Franchise Royalties – Finding a Win-Win

I have heard more than one client say to me, I will never pay a royalty. I have other equally experienced business executives say that royalties are not a major concern in their decision to purchase a franchise. If you are considering owning a franchise, you will need to establish your own opinion regarding royalties. Most [...]
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Franchise Startup Costs – How Do I Finance Them?

Don’t be surprised if a franchise executive wants to know three things about you when considering you as a franchisee.  Franchisors want to know how much cash you are able to put toward the purchase, how much you can or will be willing to borrow, and your net worth (all of your assets minus all [...]
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The Startup Cost of Opening a Franchise

The startup cost for opening a franchise can vary dramatically based upon the type of franchise involved.  It is important to remember that even though you will be purchasing a franchise, the franchisor will also be awarding you a franchise. In other words, they are choosing you at the same time you are choosing them.  [...]
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Don’t give up

Being a small business owner is often overwhelming, and statistics show that many many would-be entrepreneurs just aren't willing to suffer the stress of staying in business. BUT . . .
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Franchise Thinking

There are literally thousands of franchise opportunities open to you. If you are reading this, chances are you already have an idea of what kind of business you would like to own. You have probably already spent some time on Google searches and clicking on banner ads, and you may have [...]
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