buying a franchise Archives - Franchise Note https://www.franchisenote.com/tag/buying-a-franchise Franchise information and franchising tips Fri, 26 Jan 2024 04:06:12 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 Franchise Resources to Read before You Buy a Franchise http://www.franchisenote.com/franchise-resources-to-read-before-you-buy-a-franchise.html Tue, 13 Nov 2012 09:41:08 +0000 http://www.franchisenote.com/?p=1052 You are interested in a couple of franchise opportunities. You go to a franchise expo, then you ask around and get pitched by franchisors about the prospects of their franchise business and franchising as a whole. You read advertorials, reviews and almost anything about franchising. You think you are ready. But wait. From my own

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]]> Should I Buy a Franchise Based on Passion or Potential? http://www.franchisenote.com/should-i-buy-a-franchise-based-on-passion-or-potential.html Wed, 07 Nov 2012 09:06:09 +0000 http://www.franchisenote.com/?p=1037 Did you know my number one mistake in franchising, costing me 2 franchise units? That’s right – I jump into franchising because of the potential alone, not because I am passionate about the niche of the franchise. I end up losing both. Indeed, I do my analysis and all – I like the concept and

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]]> Opening a Franchise in Ireland http://www.franchisenote.com/opening-a-franchise-in-ireland.html Sat, 27 Aug 2011 01:54:21 +0000 http://www.franchisenote.com/?p=933 Now that the economic downturn seems to have passed by and left business on sturdier ground once more, it is the time for new investments, new ventures, and new opportunities. One way in which to get on board with the current atmosphere of growth is by opening a franchise, and there any many types to

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]]> 5 Things to Consider Before Buying Into a Franchise http://www.franchisenote.com/5-things-to-consider-before-buying-into-a-franchise.html Fri, 05 Aug 2011 03:09:57 +0000 http://www.franchisenote.com/?p=922 If you are thinking about investing in a franchise, there are many things to take into consideration before diving in head-first. Doing your homework is essential–if you buy into the right one, you may find yourself running a very successful and profitable business. On the other hand, a hasty investment made without proper consultation and

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]]> 100 Questions You Should Ask or Answer before Buying a Franchise http://www.franchisenote.com/100-questions-you-should-ask-or-answer-before-buying-a-franchise.html Sat, 17 Jul 2010 02:32:54 +0000 http://www.franchisenote.com/?p=849 Not all can be franchisees – there are certain personality traits and circumstances that can hinder you from being a successful franchisee. Are you a franchisee material? Here are 100 questions to ask or answer to ultimately help you determine whether you have all the potential to be a great franchisee or not, excerpted from

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]]> Franchise Opportunities – Easy to Run, No Experience Required http://www.franchisenote.com/franchise-opportunities-easy-to-run-no-experience-required.html Sun, 30 May 2010 03:01:01 +0000 http://www.franchisenote.com/?p=826 “Franchise opportunities – easy to run, no experience required!” In this article I want to be totally honest with you: Whenever you encounter such offer, not only in franchising but in any business opportunities, my only suggestion for you would be to stay away, even run away from them. Franchises are mistakenly touted to be

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]]> Buy a Franchise: How to Finance Your Purchase http://www.franchisenote.com/buy-a-franchise-how-to-finance-your-purchase.html Fri, 21 May 2010 17:16:05 +0000 http://www.franchisenote.com/?p=808 Finally, the search is over – you have done your homework and have found your dream franchise and you just know it has a bright future. The next step would be: buy the franchise; the big question: how will you finance the purchase? Unfortunately, franchises are stereotypically known as businesses requiring quite an amount of

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]]> Should You Buy a Franchise Resale? http://www.franchisenote.com/should-you-buy-a-franchise-resale.html Wed, 19 May 2010 07:56:59 +0000 http://www.franchisenote.com/?p=802 If you consider yourself not having a knack in starting out business or buying a new franchise unit, you might want to consider buy a franchise resale. A franchise resale is essentially an established franchise unit that already has built a credible track record in the marketplace and community. The number one benefit of buying

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]]> Why do You Want to Buy a Franchise? http://www.franchisenote.com/why-do-you-want-to-buy-a-franchise.html Mon, 03 May 2010 03:45:31 +0000 http://www.franchisenote.com/?p=790 Choosing and buying a franchise is easy. The tough part is finding the right reason why you want to buy one. Learn from my mistakes. I remember all the excitement that comes with the process of finding the right franchise to buy. Visiting franchise expos, talking with franchise owners, visiting franchisees’ stores, getting pitched by

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]]> Buying a Franchise: Do Your Due Diligence http://www.franchisenote.com/buying-a-franchise-do-your-due-diligence.html Wed, 28 Oct 2009 06:43:39 +0000 http://www.franchisenote.com/?p=658 Due diligence is the keyword to ensure that everything you have planned in buying a franchise will not go in vain. Proper franchise opportunity analysis can only do you good. Due diligence is resource-intensive. Doing it requires you to put on your business analyst hat, as well as your skepticism hat. Unfortunately, choosing NOT to

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