Guide to Buying a Franchise
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The Long Learning Curve: Facing the Initial Challenges of Franchise Operation
Not every franchise operator comes in with a wealth of business experience. This post covers a couple of points to ponder about the initial franchise learning curve.
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3 Ways to Honor Your Creative Needs in Franchising When Natural Fears Develop
Fear of the unknown is normal. So before buying a franchise take the time to make yourself feel comfortable with the decision. Here are 3 ways.
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Switching from the Corporate World to Franchising, Is It for You?
The uncertainty of the employment market has many forgoing the corporate world in their next career step. Could that option work for you? Read this guest post from The Franchise King for some background on the jump out of the corporate rat race.
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Think Newer Franchises Are Risky? Consider Researching Sister Franchise Brands
Investing in a newer franchise doesn't necessarily mean a franchisee is taking more of a risk, especially if that franchise is related to a more experienced brand.
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Exclusive Territory or Account Protections: 4 Questions to Consider As You Research Your Franchise
What kind of franchise territory would be best for you? Here are four questions to help you figure it out.
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Budgeting for Requirements Unique to Your Franchise System
The starting expenses aren't the only costs franchisees have to account for when it comes to location. Sometimes location needs change during the course of the franchise agreement, particularly for home-based franchises that may need an out-of-home location in the future.
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Franchise Purchasing Details: Stop Obsessing About Cost
When selecting a franchise, making the cost the main focus of your search is shortsighted. Here the Franchise King tells what financial component deserves just as much attention, as well as a way to shorten the selection process.
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Franchising & Personal Life Balance for Families
Buying a franchise doesn't just effect the franchisee. Even if the franchise won't be a family business, the franchise will impact the family. Thus, special consideration in the due diligence process must be paid to potential familial impacts.
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Don’t Rush It: Carefully Choosing a Location with Your Franchise Team
A great location can be marketing. What can franchisees do to maximize the positive impact of their location? For one, don't neglect utilizing the experience of the franchisor. Other tips can be learned in this post.
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Be the Franchisee that Fits: What Prospective Franchisees Can Bring to the Table
There are numerous attributes franchisors look for in potential franchisees. But franchisors aren't the only ones who have something to bring to the partnership. Here we explore the value prospective franchisees can bring to their selected franchise.