Before making any commitment to buying a franchise resale, it is essential that prospective franchisees take appropriate professional advice from […]
Before making any commitment to buying a franchise resale, it is essential that prospective franchisees take appropriate professional advice from […]
Before signing a transfer, a buyer of a resale will want to know which aspects of an agreement made between […]
The franchise agreement is a legally binding contract between the franchisor and the franchisee. Signing the agreement allows both parties […]
The Franchise Disclosure Document (FDD) was previously called the UFOC, or Uniform Franchise Offering Circular. This document gives a thorough […]
Due to the complex nature of franchising, you should always seek assistance from a franchise attorney when looking to buy […]
Whether you are buying a new franchise or an existing franchise for sale i.e. a franchise resale, it is essential […]
Below are just a few to consider: 1. Read the Franchise Agreement/ Franchise Disclosure Document. You will be as obligated […]
Seller financing is similar, in many regards, to bank financing. The potential buyer might not qualify for the entire financing […]
Royalties The royalties are the franchisor’s income and reward for developing the brand and the structure of the overall operations. […]
Obtaining financing for a new, independent business is difficult in the current economy. Formatted franchises, and particularly resales, are more […]
When buying a franchise, understanding ROI is critical to making an informed decision. ROI, or Return on Investment, is a […]
Buying a franchise…..especially a resale opens the door to many funding options. They include but are not limited to: The […]
Of course one of the key components to a successful franchise re-sale purchase is proper funding for both the purchase […]
When your company is being valued for sale, several factors and valuation methodologies will be considered before determining the selling […]
Often, valuations are prepared by a member of the Appraisal Institute (MAI), using an industry-specific process, producing a formal business […]
A franchisor’s best asset is a team of good franchisees. As a franchisor hopes to expand their business enterprise by […]
Without exception, no aspiring business owner should actually take the plunge without a clear vision and goals for selling or […]
Once you decide that you would like to sell your franchise business the first step is to inform your franchisor […]
Are you a franchisee who’s ready to sell your business? Maybe you’re ready to retire or eager to finally travel […]
The term ‘Exit Strategy’ is defined as: The methodology that a business owner intends to use to get out of […]
Ideally, an exit strategy should be thought about from day one. It is important that there is a clear vision […]
So you’ve decided that you are going to buy an established business rather than setting up a business from scratch. […]
One out of every twelve businesses in the US is a franchise operation; with a new franchise business being opened […]
So what do you have to look for when taking over a franchise resale? How can you be sure the […]
Franchising has been providing Americans with business opportunities for over 150 years, and as more franchise companies are becoming established, […]
Higher chance for success through brand awareness Most franchise businesses, especially re-sales of existing locations, have a customer base that […]
If you are thinking of buying a franchise in an established and mature franchise system, you should consider buying an […]
It is not a case of finding the best Franchise REsale, but the best Franchise REsale that suits YOU. In […]
The question, what are the best franchise resales to buy in a slow economy, is posed often by potential buyers […]
No two franchises are the same so it makes sense then that each franchisor looks for something different in a […]
Whether you should become an owner operator or an absentee owner of a franchise will depend on a number of […]
While franchise business ownership isn’t for everyone, those who choose to pursue a franchised business model choose to do so […]
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 good franchise brand matters because it offers security and familiarity with consumers and a higher return […]
What is a turnaround opportunity? For all intents and purposes, in terms of small business…a turnaround opportunity is a small […]
If you’ve decided to buy a franchise resale, you might think that creating a business plan is unnecessary. To the […]
Finding a good location to conduct business is a task that all potential franchisees must consider. This is true whether […]
During a resale, a lease can be re-assigned from one franchisee to another to save the time and expense of […]
'Discovery Day', also known as 'Meet The Team Day', is one of the last steps in the discovery process and […]
Whether you buying a new franchise or a franchise resale you need to make sure that you fully assess each […]
SONIC, America’s Drive-In franchise, is in our biggest growth era ever. Founded over 60 years ago, SONIC is one of […]