Franchising: The Right Business Choice?: Everything You Need to Know When Considering a Franchise Business

By Tony Neumeyer and Richard Thomas

Investing in business is one of the ways to generate more income and secure a better future for you and your family. With the uncertainty surrounding the stock markets today and the huge losses that be suffered in a downturn, it is becoming more and more appealing for people to invest in owning their own businesses. Owning a small business not o

• Language: English
• Publisher: Walking Crow
• Release date: Aug 4, 2015
• ISBN: 9781988099002

Book preview

Franchising: The Right Business Choice?

Everything You Need to Know When Considering a Franchise Business

Author: Tony Neumeyer & Richard Thomas

Copyright © 2015 by Tony Neumeyer

All rights reserved.

Published by Walking Crow

First edition

No part of this book may be reproduced, stored in a retrieval system or transmitted, in any form or by any means, without the prior written consent of the publisher or a license from the Canadian Copyright Licensing Agency (Access Copyright). For a copyright license, visit www.accesscopyright.ca or call (toll free) 1-800-893-5777.

Walking Crow

363-1350 Burrard Street

Vancouver, BC V6Z 0C2

Canada

www.tonyneumeyer.com

Cataloguing data available from Library and Archives Canada

eBook ISBN: 978-1-988099-00-2

Cover design by Dabija Diana Elana

Text design by AnkitPK

Printed in Canada

Disclaimer:

All contents copyrighted © 2015 by Author/Publisher. All rights reserved worldwide. No part of this document or the related materials may be reproduced or transmitted in any form, by any means (electronic, photocopying, recording, or otherwise) without the prior permission by the author/ publisher.

The service and the materials contained within the Trading Forex Simplified are based on the author’s research and experience in the field. The research has been done through credible sources to the best of our knowledge.

In no event shall the author be liable for any direct, indirect, incidental, punitive, or consequential damages of any kind whatsoever with respect to materials and the information contained within. This eBook is not intended to be a substitute for professional advice.

Table of Content

Summary

Introduction

Chapter 1: An Overview of Franchising

Chapter 2: The Franchising Business Model

Chapter 3: What to Consider when Thinking about Franchising

Chapter 4: How To Estimate the Value of a Franchise

Chapter 5: Disadvantages of Franchising

Chapter 6: Common Mistakes in Franchising

Chapter 7: The Franchise Agreement

Chapter 8: Steps in Buying a Franchise and Opening Your Location

Chapter 9: Should You Buy a New or Already Existing Franchise Business?

Chapter 10: Franchise Purchase Financing Options

Chapter 11: Where to Get Franchising Opportunities

Conclusion

Summary

Investing in business is one of the ways to generate more income and secure a better future for you and your family. With the uncertainty surrounding the stock markets today and the huge losses that be suffered in a downturn, it is becoming more and more appealing for people to invest in owning their own businesses. Owning a small business not only makes it possible to earn additional and/or a significant income, but offers the opportunity to become your own boss.

For those looking to establish themselves as entrepreneurs, owning a franchise is one of the ways to go about it. Buying a franchise business involves buying into an existing business under the franchise or establishing your own business after buying into the franchise. Being part of a good franchise organization is one of the most popular routes taken by entrepreneurs looking to launch successful ventures in the uncertain world of startups. Due to the fact that most startups usually die early due to wrong or unproven processes and other factors, franchising offers investors a great chance of success as it involves dealing with a well-established brand and proven processes.

This book conclusively covers the subject of whether owning a franchise is the best bet for you when owning a