Tagged franchise broker

Franchise Selection Criteria

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franchise selection

As your franchise broker, our job is to stimulate your thinking about the business opportunities and franchise systems that you consider. After all, you have limited amounts of bandwidth, time and energy to spend on your franchise research. Our role is to help you focus on selecting the right franchises to investigate further.

At Franchise-Seekers.com, we belong to an association of franchise brokers that is committed to helping you make the right choice. Together, we brainstorm ways to help you make your franchise search easier and more productive. We publish articles that bring helpful information to your attention.

Here are some thoughts about some different things to keep in mind as you go through your franchise selection.

Thoughts When Choosing a Franchise

It’s pretty remarkable how many different types of franchised businesses there are available. When most people think of a franchise, images of McDonald’s, Burger King and Subway come to mind. But less often do people think of the other business concepts the franchising industry has to offer, like:

  • Clothing boutiques
  • Day Spas
  • Hair Salons
  • Business Services and Coaching
  • Childcare and Development
  • Tutoring and Education
  • Financial and Loan Services

There are literally thousands of franchise and business opportunities to invest in. And, while many people initially automatically think “I want to own a restaurant” or “I want to own a gym”, it is important to keep an open mind. This is where working with a franchise consultant such as Vicky Tade at Franchise Seekers can help.

There are important factors than can help you choose the very best business option for you.

Are you looking for:

  • Flexible schedule
  • Home office based operations
  • Low investment level
  • High return on investment
  • Quick start up
  • Small office or small number of employees

Your franchise broker can provide you with valuable guidance and assistance in sorting through these elements. Her purpose is to not only match you with the best industry for you, but also the best business model. Your work-life balance and your business goals are taken into consideration when researching your franchise options.

Do you want to:

  • Make a difference
  • Operate a green company
  • Work with other businesses and professionals
  • Provide job opportunities

It is important to take all of these items into consideration when investigating franchise and business opportunities you are interested in. While these things can be daunting, having an experienced partner in your research process can prove immensely helpful (and stress reducing!).

Franchise Broker Vicky Tade

Looking for a franchise or business opportunity? Vicky Tade believes that “Knowledge is Power” and encourages you to use the helpful franchise research resources at www.Franchise-Seekers.com to gain the edge you need. Click here to contact Franchise Broker Vicky Tade to discuss your franchise questions today.

Excellent Book: An Introduction to Franchising

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introduction-to-franchising

To download a copy of this 45 page book, click on the image above or this link (save the PDF for best results):

An Introduction to Franchising

This excellent book serves as a primer that all franchise seekers should study. Published by the International Franchise Association Educational Foundation, this short but thorough volume covers a lot of ground in 4 chapters.

Take a look at the questions answered in Chapter One:

  1. What is a franchise?
  2. What are common franchise terms?
  3. What are the alternatives to franchising?
  4. What are the advantages and disadvantages of owning a franchise?
  5. What are the legal issues in franchising?

Here are the top questions covered in Chapter Two:

  1. What are your options when you begin your business?
  2. How do you investigate your options?
  3. How do you investigate a franchise?
  4. What are your criteria for selecting a franchise?

The content in Chapter Three addresses these questions that Franchise Shoppers have as they do their due diligence on franchise opportunities:

  1. What are the key subjects in the franchise agreement?
  2. What information is found in the Disclosure Document (FDD)?
  3. What are the key items in the Disclosure Document (FDD)?
  4. What do you have to know about financial statements?
  5. Where can I get help?

In Chapter Four, we get to to these key questions you must ask:

  1. What should I ask the franchisor?
  2. What should I ask the franchisees?
  3. What questions should I ask myself before buying a franchise?
  4. What are the keys to franchise success?

The questions and answers are all laid out in a graphic, easy-to-consume fashion that makes this a valuable resource.

Download your copy today. It’s no cost – just another amazing resource found for you by Franchise-Seekers.com.

Have questions? Click here to contact franchise broker Vicky Tade today.

Franchise Broker Vicky Tade

Looking for a franchise or business opportunity? Vicky Tade believes that “Knowledge is Power” and encourages you to use the helpful franchise research resources at www.Franchise-Seekers.com to gain the edge you need.

Click here to contact Franchise Broker Vicky Tade to discuss your franchise questions today.