Tuesday, July 16, 2013

Are You Considering a Franchise?

Owning a franchise can be a wonderful successful experience or a money losing nightmare. It's all up to what's best for you and how fair the franchisor is to it's franchisees. Just because it's a big name company DOES NOT mean it's the best to own. I always advise people looking for a franchise to see if the franchisor (home corp) has stores or locations of it's own. If not they really don't know the day to day situations and problems with operating a unit. Of course they will argue otherwise but they won't convince me. Some of the biggest franchise corporations that don't have company unit also have the highest failure rates which they try to either cover up or ignore.

There are so many factors and questions that need to be addressed BEFORE you sign the franchise agreement and pay the "non-refundable" fee. I can assist you in making the right choice because I have personal experience with franchises and helped others. Don't make the mistake of investing thousands of dollars only to get stuck in the wrong franchise. If you are attending a franchise trade show, with hundreds of franchisors who will tell you how great they are, I will meet you there and be your personal guide and make sure you ask the right questions. My cost is only $650 in North America (plus min travel expense) anywhere safe in the world ($950 outside North America). Remember you are investing big money plus years of your time and you must be sure you are going with the best one for you.

We will spend an hour in advance of visiting the franchise exhibits so I can learn what your goals are what questions to ask each one. I will also be there as your advisor at the booths and the franchise sales agents will know they can't take any unfair advantage of you. If you would like to arrange this trade show visit with me please contact me at idealetter@aol.com or call 719-268-9081 USA
Barry Thomsen is a speaker, international business author and business coach/consultant. www.idealetter.com

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