You dream of owning a business and experiencing its many benefits freedom, power, wealth, and fulfillment. But you dont want to start a business on your own. Theres too much risk and uncertainty. Plus, you dont know what you would want to do that could be successful.
How do I sell My Restaurant Franchise?
The absolute first thing that you must do is to contact your franchisor. Do not be embarrassed! Franchisors expect that a certain percentage of their franchisees will someday want to sell their franchise. It is normal. There are many reasons for a franchisee to want to sell a franchise. Your reason for wanting to sell is probably a legitimate reason, something that the franchisor has probably heard many times before.
Six Must Haves for Buying a Franchise
We all know that buying a franchise is a great way to start a new business. Yes its true that the initial cost of a franchise is generally more than any non-franchised new business. It makes sense that a franchisor would need to be rewarded, both initially and on an ongoing basis, for their training, assistance, consultation, and guidance. And, remember, the franchisor is allowing you to use their proven business model fo
What to Look For in a New Franchise
Want to buy a franchise opportunity? Great idea! Here is a high-level overview on what to look for:
BizOps. I Was Scammed! (Or Not)
So you searched business opportunities for sale. And you bought into that claim about how you would make thousands of dollars per day without even working? You could even make money in your sleep, right? So you thought, this sounds so good, I must buy the business program or e-book. How could you lose?
Dont start it, buy it!
Why should you buy a business versus starting
Due Diligence I dont need it (ya right)
You have been searching for various businesses for sale and now you have found that perfect business to buy. The business is represented by a reputable broker. You are comfortable with the terms, and now you wish to enter into contract and proceed with the due diligence phase. Everything you have been told by the seller and broker sounds good and feels right. So whats next? How deep do you need to dig?
Finding Qualified Buyers for your Business
Youve worked hard to grow your business into a successful venture. Now you want to sell it and reap the benefits of all those years of hard work. There are many questions involved with selling a business, but the most important is: How do you find qualified buyers?