By Vicky Tade

How Much Money Can I Make with a Franchise?

money-franchise

Every person who is awarded a franchise first goes through the process of trying to figure out the potential earning capabilities of that franchise. It only makes sense that you know what to expect if you follow the system, HOWEVER it can be extremely difficult to get an answer to this question.

Franchises are governed by disclosure laws that state they are only allowed to discuss the earnings which they publish in the Financial Performance Statement (Item 19) of the Franchise Disclosure Document (FDD). Many franchises elect NOT to publish earnings in that section at all as a way of reducing liability.

How do you get financial projections then? There are several tricks you can use to back into the numbers. There is a lot of information in the FDD that provides clues to what other franchise owners are achieving. We can give you some tools and training that help you to uncover those answers.

We want you to discover what the opportunity is and for you to feel comfortable with any franchise you are seriously considering. To do that, you need to understand the potential. Let us help you find those answers. Call us today for a free consultation.

If you would like to find out more, please contact us today via the Contact Form on this website.

Vicky Tade
Franchise Consultant

Franchise Businesses Are Valued Higher

higher-valuations

Sale Value of a Business is Higher when It’s a Franchise

A little known fact in franchising is that, when a franchise owner decides that they want to leave the franchise, their business is typically valued at more than what the average “Mom and Pop shop” is valued at. Even if all other factors are the same, a franchise can request more cash for their sale. Why? Because when a franchise is sold, the buyer isn’t getting just the experience of the former business owner, they are also getting an entire system of support with the franchise.

Buyers who purchase businesses usually have more capital to spend. Buyers who purchase existing businesses look for a couple of things: existing clients, existing cash flow, an ability to grow, and employees. With a franchise, all these things are organized and easy to deliver to a buyer because the franchise has systems in place to manage data, cash flow, customers, and employees. They have professional marketing materials and a professional sales team to help you sell the business when you are ready. The average “Mom and Pop shop” would struggle to compete with all of these advantages.

After all, wouldn’t you want to buy a business that looked nicer, was more organized, and had better support long term? If you said yes, you are like most other sophisticated buyers who favor franchises as re-sales. So what does that mean to you? If you are buying a franchise now and doing the hard work to build it, your payday on the other side can potentially be much larger than you anticipated. As Stephen Covey says, always “begin with the end in mind.”


Give franchise consultant Vicky Tade a call today to discuss this article and chat about different franchise concepts to see if they are right for you.

Contact Franchise Consultant Vicky Tade

Click to contact Vicky Tade Franchise Consultant to discuss the latest trends in franchise opportunities. She’ll help you understand the selection criteria and factors that really matter in franchising and business opportunities.

Using Assessment Tools in Deciding on Franchise Opportunities

Can an Assessment Really Tell You What Franchise To Buy, and Be RIGHT?

One of the most important questions which someone looking to buy a franchise should ask is, “Can I see myself running this kind of business?” The problem with the question is that there are many unknowns. What will my market be like? How will my clients respond to me? What will I be spending my time doing? Will I enjoy the work? Sure, you can ask existing owners what their experience has been, but they are not you. Wouldn’t it be wonderful if you had a crystal ball to look into that would tell you if the franchise you are looking at really is the right fit for you?

Well, we don’t have a crystal ball, but we do have access to some of the most advanced business assessment tools in the marketplace. A business assessment tool looks at your comfort level, your risk tolerance, the capital you want to earn, your personality, and more to determine what types of franchises actually do fit you best. They are incredibly sophisticated tools and, even more astonishing, they are ACCURATE.

Most of these business assessment tools only require 15 minutes to take. We have seen repeatedly through our practice that the people who take them end up finding the right franchise and they succeed. It’s not magic; it’s science. It certainly feels miraculous to those who use the tool! If you would like a free sample of a business assessment tool, please let us know. We would be happy to send one your way. If nothing else, you will learn about what type of business is best for you. Call or email us today!


Give franchise consultant Vicky Tade a call today to discuss this article and chat about different franchise concepts to see if they are right for you. She can provide you with links to several personality assessment tools to help you determine what your business and personal styles really are.

Contact Franchise Consultant Vicky Tade

Click to contact Vicky Tade Franchise Consultant to discuss the latest trends in franchise opportunities. She’ll help you understand the selection criteria and factors that really matter in franchising and business opportunities.