Buying A Franchise

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What advice do you have Q: for prospective franchise buyers?
“It’s important to have a passion for the business. There will definitely some long days and nights. Without the real desire to make the business successful, it could become difficult.” -Terry & Kathy Siebert, Dale Carnegie Training “Follow the system! Don’t try to recreate the wheel. Being part of a franchise family that is transparent and works closely with you is such an amazing benefit to business ownership and is worth its weight in gold.” -Tracey Codd, Expedia CruiseShipCenters “First, be involved in your business. Never let yourself believe that the business will function just as well whether you are involved in day to day operations or not. Second, believe in your franchisor and follow the guidelines that were set by them to succeed.” -Kevin Hershock, Hungry Howie’s “I highly recommend conducting validation calls with current franchisees within the organization you are considering. Discuss their experiences, return on investment, how your background meshes with the rigors of the business, support given from corporate, earning potential, sustainability of service or product, and the balance of time.” -Chris Beer, Our Town America Tip There is a ton of great advice out there (and some not so great) about finding the right franchise. Our website contains a ton of material that can point you in the right direction. We also recommend making sure the brand you choose has a history of success. FBR’s Top <strong>Franchise</strong>s list is a great place to start! <strong>Franchise</strong>BusinessReview.com 13
Page 1 and 2: Buying a Franchise: An Inside Look
Page 3 and 4: TABLE OF CONTENTS 03 WHY FRANCHISIN
Page 5 and 6: Q: Why did you choose franchising?
Page 7 and 8: Q: How did you fund your franchise?
Page 9 and 10: Funding Your Franchise Options for
Page 11: “In every town where we have a Hu
Page 15 and 16: Questions to Ask Franchisors (conti
Page 17 and 18: “Personally, it has made me a mor
Page 19 and 20: “The great thing about our busine
Page 21 and 22: “It’s great to have my own busi
Page 23 and 24: Questions to Ask Franchisees (conti

Buying A Franchise

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