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 business and I also describe the process of getting started in detail.
Table of Content
SummaryIntroduction
Chapter One: 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
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