Buying a franchise is a great business idea if it's the right franchise for you. Many times the new owner will be mesmerized by all the success the franchisor tells them about. But each success is a different business and may or may not work for you. They, of course, want you to buy from them rather than a competing franchise so they will make everything sound great and maybe even fool-proof. You must go into a new franchise (or a resale) with full knowledge that it will work for you and not because others have had success. Past results do not mean sure success for you and you may also find that phrase in small print in the franchise agreement.
It can be very helpful to hire and use a franchise coach or advisor which is much less expensive when compared to the investment that you will make in a franchise. They can assist you in making a decision based on what is best for you and your goals for owning a business. Remember that a franchise is a small business just like any other and even though it has a proven plan it takes hard work & dedication. A franchise coach will help find several choices and ask the questions that you might not think to ask yourself, BEFORE you invest. Consider inexpensive help and guidance so you can be on you way to franchise success!
More on a franchise coach & advisor at www.idealetter.com
Thursday, June 23, 2011
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