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Franchise Direct Blog

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Loan Expectations for First-Time Franchisees

The loan process can be daunting, especially for a first-time franchisee. Increase your readiness for the process by reading this post.
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7 Questions to Ask Before Financing Your Franchise

Before going to a bank or other lender for franchise financing, prepare yourself by answering these seven questions first.
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Franchises Failures Do Happen – Usually for These 8 Reasons

by Anne Daniells| May 19, 2021| FAQs About Franchising, Franchise Direct Blog
No business is free from risk, but knowing where weak spots appear most often will help reduce the likelihood of failure.
BLOG POST

Resilience: A Key Trait for Your First Year as a Franchisee

by Anne Daniells| May 12, 2021| Information for Franchisees, Franchise Direct Blog
Surviving the first 12 months of a business is a major achievement. These notes will help you prepare yourself so you'll be ready to celebrate at the end of your first year.
BLOG POST

Managing Franchisor-Franchisee Friction

by Anne Daniells| February 24, 2021| Information for Franchisees, Franchise Direct Blog
It might not be possible to eliminate all potential disagreements, but having a solid line of communication between the franchisor and the franchisee with properly set expectations can help.
BLOG POST

What a Good Accountant Can Do for a Franchisee

A good franchise accountant can help you successfully manage the unique bookkeeping needs present in franchising.
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What’s the Big Deal About Net Worth When Buying a Franchise?

by Anne Daniells| November 25, 2020| FAQs About Franchising, Franchise Direct Blog
When researching franchises, you'll come across a number of financial requirements. For many franchises, one is net worth. This is how net worth is used within the franchise buying process.
BLOG POST

Opening A Franchise: A 3-Step To-Do List

by Joel Libava| February 05, 2020| Guide to Buying a Franchise, Franchise Direct Blog
Beyond the research phase, these three steps will have the most impact on how much time it will take to open your franchise.
BLOG POST

Young Entrepreneurs Make Good Franchisees

by Anne Daniells| January 29, 2020| Young Entrepreneurs and Franchisees, Franchise Direct Blog
Younger entrepreneurs can be just as successful as franchisees as their older counterparts. Here's why.
BLOG POST

3 Crucial Things to Do When You Visit Franchise Headquarters

When buying a franchise, you'll likely be invited to make a trip to the headquarters of the franchise you're interested in. What should you do on this visit? The Franchise King gives you a few pointers.

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