Are you ready to own your own business? If so, then perhaps buying a franchise is the perfect fit. Many people enter the world of franchising and it is completely different than the career they had previously chosen. Maybe you don’t have the talent or the patience to start from scratch and opening a franchise in your community might provide the right choice.
Maybe you have been thinking about the lack of opportunity, the lack of businesses not fulfilling the needs of the consumers in your area.
Maybe this alone makes owning a franchise such a tempting thought. Although there are plenty of risks associated with owning any business, you may be at the point in your life where franchising makes sense. Statistics show that franchising with a proven concept has fewer failures than starting a business on your own.
You will have questions about the world of franchising-actually a lot of questions, that you’ll need help with in the beginning. In addition, if you are new to the whole franchise idea then some of your questions might be immediate. But there are plenty of places where you can go in order to find out more about a specific franchise opportunity. Here are some great resources, though, if you would like your franchise questions answered immediately:
Using a Franchise Broker
When we help prospects with choosing a franchise one of the steps in the process is validation. This is where you have an opportunity to question another franchise owner. Franchisors provide this confidential information so you can speak candidly about the brand. In many cases the franchise owners are not directly involved with the day-to-day operation of the franchise and franchise owners do not mind speaking with you. This is accomplished with the assistance of a Franchise Broker, who will help you formulate questions and who will provide insights as they can easily guide you and inform you with the correct information so that decision making process is easier. Most franchise owners will tell you about whether or not owning a franchise is a profitable venture and chances are that many times they will endorse the opportunity!
Many periodicals, such as Entrepreneur magazine can provide you with information on a general level, but there is no substitute for professional knowledge. Again, using a trained consultant, a Franchise Broker, will pay dividends far into the future.
The Franchise Brokers Association is a trusted source of information and all the trusted Brokers belong to this organization.
Franchise Brokers Inc.
Our organization is comprised of experienced Brokers who understand franchising and business in general. Our principles are also licensed Business Brokers with years of experience selling business opportunities. We understand financial statements, leases and the general attitude of a franchise. We help people like you to find the right fit into the world of franchising. We offer free consultation with our legal team as
well as free consultation with our financial staff. All of this costs you nothing. Our fees are paid from the Franchisor’s marketing budget.