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The Complete Franchise Book: What You Must Know (and Are Rarely Told About Buying Or Starting Your O download
: The Complete Franchise Book: What You Must Know (And Are Rarely Told) About Buying or Starting Your Own Franc hise (): Dennis L. Foster: Books. The Complete Franchise Book has 1 rating and 1 review. Brian said: Umm, so for some reason I brought home this book from the Fireside library last night. If buying an existing business doesn't sound right for you, but starting from scratch sounds a bit intimidating, you could be suited for franchise ownership. What is a franchise--and how do you know if you're right for one? Essentially, a franchisee pays an initial fee and ongoing royalties to a franchisor. In return, the franchisee.
22 Nov Recently, I was sitting, drinking an iced latte macchiato at a well-known chain, when my wife said to me, "We spend so much time in here that maybe we should think of starting one ourselves." Related: What You Need To Know Before Starting A Franchise Business. Which she promptly followed up with. Here is what you need to know when you plan to buy a "used" franchise instead of a new one. Q: I'm considering buying an existing franchise operation from an acquaintance, and want to be careful. A resale can have some wonderful advantages over starting a new unit from scratch, but it can also be a nightmare. 18 Jun Buying an existing business is often safer than starting one on your own. ( unless this is a professional service business or practice); and; most importantly, the business has a track record--you can look at the business' books, records and tax returns and get some sense of how much money you will make.
13 Jun In more than a decade covering franchise chains, I've been shocked at how many franchisees tell me, "I went in a store, I loved their product, and [. Instead, would -be franchise owners need to ask questions. A lot of questions. Here are 10 tough questions to ask to make sure you've got a realistic picture of. 27 May But beware, rarely is business simple and in the franchise world the business is never really yours. Recently I had the chance to speak with Sean Kelly, publisher of , a landing board for franchise news and discussion between franchisees who know the darker side of the industry. 27 Jul Dennis Mulgannon walked the beat as a police officer until , when he decided that he wanted to start his own business. He opened Mulgannon said that potential clients come to him with some sense of why they want to become a franchise, but where they are in their planning tends to vary. "Usually.