Tagged vicky tade

June 5, 2015

Franchise Businesses Are Valued Higher

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.

May 9, 2015

Franchise Selection Criteria

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.

April 30, 2015

How One Couple Selected their Franchise Opportunity

It’s critical to make the right choice in a business opportunity or a franchise system. As a Franchise Broker, I know that individual selection criteria can differ widely. What’s important to you may not be as critical to someone else. The key is to understand the universe of factors at play in terms of the fit of any particular franchise opportunity to your skills, experience and desires.

That’s why I always tell my clients to read case studies about how different franchisees came to their selections. Stories like this offer great insight into the difference between success and failure of a franchisee’s business.

Take a look at this one couple’s story by clicking here:

How a Couple Selected their Franchise System

They have owned their franchise for 10 years. Here’s an excerpt of why they went with franchising:

Why franchising?

While getting my MBA in the early 2000s, I studied the success rate of new businesses and knew that the statistics were dismal. Since I had never started a business of my own, I was very aware that there was a lot I needed to learn. I felt that purchasing a franchise would equip me with proven systems, brand recognition, and marketing campaigns in one of the most crucial phases of the business—the startup phase. These tools were more than I would have been able to acquire on my own, especially at the onset of the business. I firmly believed this would give me a competitive advantage and ultimately, give me a better chance of being successful.

Contact Franchise Broker Vicky Tade

Discuss this article with Vicky Tade, seasoned franchise consultant, and learn some key tips of selecting the right franchise system. Her insights will help you understand what you need to look for in a franchise opportunity to maximize your happiness and your success.

Click here to contact Vicky Tade.