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Resources and Articles for Franchisees

  Business Opportunities versus Franchises
  A franchise offers you a tried and tested formula, which is why it`s often easier to obtain a loan for this venture than for any other business. But some operations are described as ''Business Opportunities''. What's the difference?

  Franchise Buyer's Resource Center
  Hundreds of tips, strategies, and inside secrets to help you find the franchise that is
absolutely right for you. Covers the entire buying process!

  How to Choose a Business Partner
  How to select and evaluate a prospective business partner. Assessing the risks, applying criteria and issues to consider.

  Assessing the Value and Price for a Business
  Determining a fair, accurate and justifiable price for your business is a major factor in achieving a sale. However there are a number of different methods used - and they yield different results. Knowing the subject enables you to argue for your case.

Recommended Links to Other Franchise Sites

  US-based franchise directory site.

  Canadian Franchises
  Be The Boss Canada is your source to find out information about, and apply for Canadian franchise opportunities. Enjoy the benefits of being an entrepreneur.

  Franchise Business For Sale
  Business investing site specialising in franchise investments.

  Franchise Chat
  Archive of South African franchise industry news.

  Franchise For Sale
  Franchise For Sale provides only the best franchise opportunities in an easy to use format.

  Franchiseek has over 450 pages of franchise advice, news, law, exhibition and a directory of over 3000 franchising opportunity in 20 countries worldwide.

  Pizza Franchises
  Food Franchise provides a comprehensive directory of fast food franchises, pizza franchises, food franchises, ice cream franchises, donut franchises and bakery franchises.

  Restaurant Franchise
  Restaurant Franchise offers many different food franchises all in one location. Choose from various fast food franchises and more!

RECOMMENDED BOOKS - Buying a Franchise

  Secrets of Franchise Success: The Formula for Becoming and Staying a Top Producing Franchisee
You can be a Top 20 Percent franchisee if you take the time to learn how others have done it. Secrets of Franchise Success contains the secrets and wisdom of Top 20 percent franchisees, drawn from proprietary research conducted with business owners from a variety of franchise systems.
Secrets of Franchise Success is designed to help:
• Franchisees who have not achieved the success they wanted
• Franchisors looking to identify great candidates and understand how to help underperforming franchisees
• Those who are thinking about becoming franchise business owners
• Anyone else who has ever wondered what it takes to be a Top 20 performing small business owner in any industry.
  Street Smart Franchising
Experienced franchisees and franchisors tell entrepreneurs what they need to know before they buy a franchise. This straight-shooting franchise guide goes beyond the “how to” to teach potential franchisees what to expect when starting a franchise. Real life stories from the trenches illustrate how to cope with the difficulties a franchise presents. The author reveals the personality types most likely to succeed at franchising, and identifies entrepreneurial traits that may increase risk of failure. Plus, it takes an in-depth look at the research and investigation of a franchise, something glossed over in most franchise books.
  The Franchise MBA: Mastering the 4 Essential Steps to Owning a Franchise
This comprehensively researched and deftly written franchise guide brings together experience and fact to give you the tools you need to understand which franchise is right for you.
With insights from respected franchise leaders and a thorough understand of franchising, this book will help you understand and master the four critical steps to finding the ideal franchise   -   the introspective self, the franchisor, the franchisees and the legal/financial.
  The Educated Franchisee: The How-To Book for Choosing a Winning Franchise   (2nd edition)
There is nothing more expensive than ignorance -- let The Educated Franchisee serve as your guide for selecting a franchise that meets your needs!
The Educated Franchisee will show you:
  • How to find a franchise that is right for you
  • How owning a franchise can create wealth
  • Where to find quality franchisors
  • What qualities franchisors look for
  • How to gather information from franchisees
  • How to make sure the franchise makes money
  • How to confidently select the best franchise
  • The five keys to success in owning a franchise
  Become a Franchise Owner!: The Start-Up Guide to Lowering Risk, Making Money, and Owning What you Do
The definitive A-to-Z guide to researching, selecting, and starting a viable franchise business.
This book informs would-be franchise owners of the joys and perils of purchasing a franchise. Authored by a trusted, feisty, tell-it-how-it-is independent franchise industry insider, this book offers straightforward, step-by-step tips and advice on how to properly (and carefully) research and select a franchise business.
Get tips on how to locate information about franchises, current industry trends, interviews with franchisors, and hot franchise opportunities.
  • Offers a self-evaluation to discover if you are "franchise material"
  • Describes how to choose the right franchise for your specific situation
  • Lists the 40 crucial questions to ask current franchise owners
  Franchising For Dummies
If you want to own your business but don’t want to start from scratch, maybe buying into a franchise is the right choice for you! Franchising can be a great way to get started in small business without taking the huge risk of founding and building a company on your own. But before you jump in there’s plenty you need to know in order to make sure you do it right.

Packed with practical resources you need to succeed, this handy guide will help you:
  • Pick the perfect franchise opportunity for you
  • Find an ideal location
  • Raise the capital you need to launch your franchise
  • Manage daily business operations
  • Understand complex legal issues
  • Work with your franchisor and other franchisees
  • Read and understand a Franchise Offering Circular
  • Expand your business and buy new franchises

  The Franchise Handbook: A Complete Guide to All Aspects of Buying, Selling or Investing in a Franchise
A great resource for both prospective franchisees and franchisers, this book explains in detail what the franchise system entails and the precise benefits it offers to both parties. You will learn franchising advantages and disadvantages, how to develop or purchase a winning concept, how to choose a business franchise that fits your personal style and financial goals, how to develop forecasts and budgets, and how to estimate startup costs.
The book also covers managing daily operations, attracting and keeping customers, hiring employees and training staff, securing financing, legal agreements, offerings, markets, real estate, cost control, marketing and international franchising.
  Franchise: Freedom Or Fantasy?: How To Know If A Franchise Is Right For You After Your Corporate Career
As the American economic landscape shifts, seasoned corporate executives are looking at independent business ownership as a way to secure and control their futures, and franchised businesses are growing in their appeal.

But pouring a large amount of money into a franchise does not guarantee success. In this book, you’ll find out:
  • How to determine if you can succeed as a franchise owner;
  • What dangerous pitfalls to avoid as a buyer;
  • The potential rewards of owning your own business;
  • Whether or not the numbers make sense;
  • Ways to raise money for your venture;
And much more!

  Buying a Franchise : 24 Items to Beware of Before Signing!!
Do you want to own a Franchise?
Are you making one of the biggest decisions of your life?
Do you know what questions to ask before signing the Franchise Disclosure Document?

You need to know about these 24 Items before you start signing Documents!!

  Franchise Validator: Questions You Should Ask to Avoid Financial Ruin
This book will help you conduct your due diligence and evaluate a franchise opportunity.
You need to know what questions to ask during the franchise buying process. This book does not describe the steps of the buying process. Rather, it gives you the questions you should ask at each stage of the process. Only after you ask the right questions, the hard questions, can you determine if the opportunity is in alignment with your goals, and your family’s goals.
The book is broken down into chapters that give you the questions you should ask (and why), beginning with what may be the most difficult: “Questions You Should Ask Yourself (and your family)”. It concludes with being prepared for the “Questions the Franchisor Should Ask You”…with literally hundreds of questions you should ask during the process.
An educated buyer makes better decisions. One can never ask too many!
  The Franchise Rules: How To Find A Great Franchise That Fits Your Goals, Skills and Budget
Revised and Expanded Edition: Buying a franchise may be the road to financial independence but only if you can find a great franchise that is a great 'fit' for you. In the past decade I’ve spoken with many people who say they no longer want to work for someone else. They’re tired of the uncertainty that goes along with corporate jobs and of creating financial rewards for others. These are people who want to be in control of their future. Contrary to the thinking of some, being a successful franchise owner requires a lot more than just plopping down a pile of money and waiting for the profits to roll in. I know many franchise owners; some are extremely successful while others struggle. In most cases the difference between the two groups is not due to the skill or dedication of the owner, but his/her 'fit' with the franchise system

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