It goes, almost, without saying that you need to research your options, do your due diligence and speak to professionals who can inform you of your upcoming investment. With any major investment or business venture there are an overwhelming number of steps to take and considerations to make. One of the first and best steps to take is to go to informational session. Many FBA members host franchise information sessions such as "Entrepreneur Roundtables" "Intro to Franchise Investing" "Buying a Franchise 101" in their local areas. These sessions will provide a brief overview of franchising, the pros and cons of the industry, the contacts and professionals that you need to be in touch with once you start seriously considering franchising, and how they -- the franchise consultant or broker -- can help you in your search. Whether or not you decide to work with this, or any, franchise broker, an informational setting is a perfect place to get your feet wet, learn about the industry and network without pressure.
We'll be attending an Entrepreneur Roundtable event in Ft Lauderdale on September 9th.
There are a few difficult things in this world that we all experience, regardless of country and culture. These are wars, pandemics, and economic hardships. And though these make for tough times - throughout history, we have overcome them each time. As the economy starts to slow - both here in the US and globally, […]
When considering the leap into business ownership, franchising is a compelling option. Often celebrated for its blend of freedom and support, buying a franchise is the best of both worlds. But like in any significant investment, franchising comes with its own set of pros and cons that potential buyers must carefully evaluate. At FBA, we […]
Comparing the average amount and likelihood of annual raises and commission boosts at a traditional “job” to the financial benefits of franchise ownership. Written by Matt Lucas, Co-Founder of The Franchising Company In the traditional workplace setting, the prospect of getting a raise can be quite challenging for many employees. Factors such as company budget […]
