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Cost of Using a Franchise Attorney to Buy a Franchise

Before making any commitment to buying a franchise resale, it is essential that prospective franchisees take appropriate professional advice from […]

Is The Franchise Agreement For a Franchise Resale Negotiable?

Before signing a transfer, a buyer of a resale will want to know which aspects of an agreement made between […]

What is the Franchise Agreement?

The franchise agreement is a legally binding contract between the franchisor and the franchisee. Signing the agreement allows both parties […]

What is the Franchise Disclosure Document (FDD)?

The Franchise Disclosure Document (FDD) was previously called the UFOC, or Uniform Franchise Offering Circular. This document gives a thorough […]

Legal Advice For Buying a Franchise Resale

Due to the complex nature of franchising, you should always seek assistance from a franchise attorney when looking to buy […]

Franchise Resale Legal Advice

Whether you are buying a new franchise or an existing franchise for sale i.e. a franchise resale, it is essential […]

10 Legal Tips For Buying a Franchise Resale

Below are just a few to consider: 1. Read the Franchise Agreement/ Franchise Disclosure Document. You will be as obligated […]

What is Seller Financing?

Seller financing is similar, in many regards, to bank financing. The potential buyer might not qualify for the entire financing […]

What About Royalties and Transfer Fees

Royalties The royalties are the franchisor’s income and reward for developing the brand and the structure of the overall operations. […]

Financial Advantages to Buying a Franchise Resale

Obtaining financing for a new, independent business is difficult in the current economy. Formatted franchises, and particularly resales, are more […]

Calculating Return on Investment

When buying a franchise, understanding ROI is critical to making an informed decision. ROI, or Return on Investment, is a […]

How to Finance a Franchise Resale

Buying a franchise…..especially a resale opens the door to many funding options. They include but are not limited to: The […]

Franchise Resale Financial Advice

Of course one of the key components to a successful franchise re-sale purchase is proper funding for both the purchase […]

How to Value A Franchise Resale

When your company is being valued for sale, several factors and valuation methodologies will be considered before determining the selling […]

What Advantages Does An Opinion Of Value Provide?

Often, valuations are prepared by a member of the Appraisal Institute (MAI), using an industry-specific process, producing a formal business […]

Why The Franchisor Needs to Approve The Buyer

A franchisor’s best asset is a team of good franchisees. As a franchisor hopes to expand their business enterprise by […]

Tricks To Making Your Business 'Saleable'

Without exception, no aspiring business owner should actually take the plunge without a clear vision and goals for selling or […]

Steps To Selling Your Franchise Resale

Once you decide that you would like to sell your franchise business the first step is to inform your franchisor […]

Tips For Selling Your Franchise

Are you a franchisee who’s ready to sell your business? Maybe you’re ready to retire or eager to finally travel […]

Why Your Exit Strategy Is Important.

The term ‘Exit Strategy’ is defined as: The methodology that a business owner intends to use to get out of […]

Practical Advice For Selling a Franchise

Ideally, an exit strategy should be thought about from day one. It is important that there is a clear vision […]

Buying a Franchise Resale

So you’ve decided that you are going to buy an established business rather than setting up a business from scratch. […]

Why Are Existing Franchises For Sale?

One out of every twelve businesses in the US is a franchise operation; with a new franchise business being opened […]

Steps to Buying a Franchise Resale

So what do you have to look for when taking over a franchise resale? How can you be sure the […]

Advantages of Buying a Franchise Resale

Franchising has been providing Americans with business opportunities for over 150 years, and as more franchise companies are becoming established, […]

Why Buying a Franchise Resale Makes Economic Sense

Higher chance for success through brand awareness Most franchise businesses, especially re-sales of existing locations, have a customer base that […]

Key Considerations When Buying a Franchise Resale

If you are thinking of buying a franchise in an established and mature franchise system, you should consider buying an […]

How To Identify The Best Franchise Resale Opportunity

It is not a case of finding the best Franchise REsale, but the best Franchise REsale that suits YOU. In […]

Best Franchise Resales To Buy In a Slow Economy

The question, what are the best franchise resales to buy in a slow economy, is posed often by potential buyers […]

What Skills Are Important When Buying a Franchise Resale?

No two franchises are the same so it makes sense then that each franchisor looks for something different in a […]

Are You Interested In Owner Operator or Manager Run?

Whether you should become an owner operator or an absentee owner of a franchise will depend on a number of […]

The Importance of Strong Franchisor Support

While franchise business ownership isn’t for everyone, those who choose to pursue a franchised business model choose to do so […]

Can a Failing Franchise Resale Become Profitable?

One of the most pressing questions of a buyer considering the purchase of a re-sale is, “Can I turn the […]

The Value of a Franchise Brand

The value of a good franchise brand matters because it offers security and familiarity with consumers and a higher return […]

What is a Franchise Turnaround Opportunity?

What is a turnaround opportunity? For all intents and purposes, in terms of small business…a turnaround opportunity is a small […]

Creating a Business Plan

If you’ve decided to buy a franchise resale, you might think that creating a business plan is unnecessary. To the […]

The Importance of Location

Finding a good location to conduct business is a task that all potential franchisees must consider. This is true whether […]

What is a Lease Assignment?

During a resale, a lease can be re-assigned from one franchisee to another to save the time and expense of […]

What is a Discovery Day?

'Discovery Day', also known as 'Meet The Team Day',  is one of the last steps in the discovery process and […]

Understand The Franchisor

Whether you buying a new franchise or a franchise resale you need to make sure that you fully assess each […]

SONIC

SONIC, America’s Drive-In franchise, is in our biggest growth era ever. Founded over 60 years ago, SONIC is one of […]