FAQ

Any additional advise when I purchase a franchise?

»Posted by on Mar 23, 2016 in FAQ | Comments Off on Any additional advise when I purchase a franchise?

Answer: Always take legal advice before signing any franchise agreement. Your lawyer has to ensure that the agreement is fair for both parties. Your accountant will help in evaluating the profit potential of the franchise opportunity.

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Can I sell my company when I desire to move on?

»Posted by on Mar 23, 2016 in FAQ | Comments Off on Can I sell my company when I desire to move on?

Answer: If your franchise business is trading profitably, then you must have the ability to sell it like other company. Your franchise agreement will explain the processes that are associated with selling business. If your company is not making a revenue, then it will be hard to discover a purchaser.

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Which franchise is right for me?

»Posted by on Mar 23, 2016 in FAQ | Comments Off on Which franchise is right for me?

Answer: The best franchise for you is not necessarily the company that makes the most cash! Buy a franchise which matches your way of life and is interesting to you. You are much more most likely to enjoy your work if you like the items that you are marketing!

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How do I raise the funds needed to purchase the franchise?

»Posted by on Mar 23, 2016 in FAQ | Comments Off on How do I raise the funds needed to purchase the franchise?

Answer: Most banks have unique units set up to assist possible franchisees. In many cases the franchisor has actually done the effort for you and organized special terms with loan provider!

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What’s the very first step to purchasing a franchise?

»Posted by on Mar 23, 2016 in FAQ | Comments Off on What’s the very first step to purchasing a franchise?

Answer: Do a search on the internet for the following: “franchise”, “business franchise” & “franchise opportunity”. You can likewise purchase publications that specialise in franchises and of course, you should attend franchise exhibits where you can satisfy the franchisors or their agents and ask questions.

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How much does a franchise business cost?

»Posted by on Mar 23, 2016 in FAQ | Comments Off on How much does a franchise business cost?

Answer: There are no set prices for a franchise opportunity. Depending upon your spending plan there are franchises to suit many people varying from only a few thousand, to over a million.

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