The phrase
"to buy a franchise" means to purchase the rights to operate a business under an established and successful brand name, following their proven business model.
Full definition
In other words, if you're not a born salesperson don't
buy a franchise in which you'll need to sell.
When buying a franchise business, it is important to get a lawyer who has experience with the ins and outs of franchise agreements.
However, any entrepreneur that wants to start a party planning business may not have the option
of buying a franchise simple because you can hardly find one to buy.
For instance, if you know you will be miserable in a location with cold weather, do
n't buy a franchise up north.
Anyone
considering buying a franchise should seek professional advice before doing so and take their own steps to check the information provided here and elsewhere.
Your skills, lifestyle and location preferences, financial situation and personality are all things you must consider
before buying a franchise.
Good enough, any entrepreneur that wants to start an event planning business may not have the option of
buying a franchise simple because you can hardly find one to buy.
While buying a franchise is not for everyone — such as those who need complete autonomy — it's a mode of entrepreneurship that is compelling for many people.
I find those that
buy the franchise at to high a valuations make no money, and those that buy junk that is cheap lose alot of money since they get even cheaper.
You don't necessarily have to
buy a franchise in this business but you can consider app flipping.
It is also important to say that brand awareness is the major advantage
of buying a franchise and that is a big plus in building a successful venture Capital firm business.
Many franchise owners like to keep the business within a close circle, and selling a franchise to a family member is a very common occurrence — usually because the
relative buying the franchise is familiar with the company, how things are run, and they will ensure a smooth transition.
Choosing the Right Franchise: Resources Federal Trade Commission (FTC) Consumer Guide for
Buying a Franchise Franchise Business Opportunities and Franchises for Sale Directories: Franchise Gator Franchise Solutions
The advantages of
buying a franchise include built - in name recognition, proven business models and operational procedures and a wealth of support from the franchisor in locating, supplying and marketing the business.
Jones used her own retirement assets to
buy her franchise just before the onset of the Great Recession, and the educational materials and low - cost marketing ideas provided by Decorating Den helped her weather the storm.
In the late 1980s Pizza
Hut bought the franchise operation and most of the franchises but some Straw Hat franchisees didn't sell.
Prior to
buying his franchises Gorin looked at everything from self - serve yogurt and gourmet burgers to kids» bounce houses, but was most impressed with Marco's menu, marketing and growth potential.
When you
first buy a franchise you are filled with excitement, trepidation and all kinds of other emotions.
• Levine Leichtman Capital Partners has agreed to acquire HomeVestors of America, a Dallas, Texas - based professional
house buying franchise.
They can help you make sure that you are covered in terms of liability and legal requirements, and they can also review any franchise agreements or other documents which will help you determine
if buying a franchise is right for you.
A person is not liable for misrepresentation under section 7 if the
franchisee bought the franchise with knowledge of the misrepresentation or material change.
To a great degree, the ones who had
bought the franchises here (in Canada) were like kindling wood on the fire; the big logs were in the United States.