Existing franchises for sale by their owners. What’s wrong with that? In the United Kingdom, reports Johnny Sellyn, a founder of FranchiseResales.com, a third of all franchise sales are resales. In the United States, however, franchise resales account for merely a small fraction of total franchise sales. Why? Sellyn says... View Article
From my franchise seminars, and from mail sent to me via this website, here are five of the most frequently asked basic franchise questions, and their answers. 1. Why can’t I buy a franchise as soon as I find the one I want to buy? I recently found a franchise... View Article
Finding a franchise that matches your lifestyle
Listen to us on: Curiosity about franchising led Christy Wilson Delk to a 15-year career as a franchisee of an early childhood education business. After losing a corporate job (more than once, she points out), she decided she wanted to do something for herself. Matching your lifestyle At the... View Article
Listen to us on: Most people who buy a franchise do not write a check from their savings to pay for the business. They get business loans. Franchises that cost under $50,000 may, in fact, be paid for out of savings, but most franchise investments exceed $150,000, and most... View Article
You don’t have to be a banker, a CPA, or even an accountant to package a loan request to finance a franchise, but if you haven’t packaged a loan request before, you probably won’t get the loan closed. Now is not the time to do-it-yourself! But if you’re an entrepreneur,... View Article
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