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any advise investing in a franchise?

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Old 03-04-2007, 12:32 PM
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Default any advise investing in a franchise?

restaurants,motels,etc
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Old 03-04-2007, 03:26 PM
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Why invest in a McDonald's when you can own all 30,000 of them?
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Old 03-04-2007, 04:34 PM
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my advise is talk to alot of the people who have owned franchises. If you want a dunkin donuts, talk to some dunkin donut owners. Alot of these franchises have hidden fees that you dont know about....ask about profits because thats big in franchising...and ask about average sales per day..and about franchises in bad locations....start up costs..and costs that need to come out of your pocket that are not explained to you...that you were not aware of..that was not covered in their teachings/papers
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Old 10-06-2010, 08:02 AM
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Lightbulb Re: any advise investing in a franchise?

It is important in making a decision about investing in a franchise that the Prospective franchisees are receiving advice from many different sources,
The existence of and contact persons for any franchisee associations
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Old 10-13-2010, 09:06 AM
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Default Re: any advise investing in a franchise?

It is good that you are planning to invest in franchise as it is great for the growth of business. I will advice that you should consult with a good franchise consultant.
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Old 10-25-2010, 12:51 AM
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Default Re: any advise investing in a franchise?

Hi

The investments in a franchise is a highly profitable and rewarding investing,but making the right choice needs a significant amount of intelligence and research. Understanding the total investment needed, working capital requirements, estimated time required before reaching profitability,financing options and how fiscally strong the franchisor is are all important factors an investor should research before making a decision to purchase a franchise.
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Old 10-28-2011, 10:46 AM
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Default Re: any advise investing in a franchise?

The investments in a franchise is a highly profitable and rewarding investing,but making the right choice needs a significant amount of intelligence and research.
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Old 12-05-2011, 03:55 AM
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Default Re: any advise investing in a franchise?

Understanding the total investment needed, working capital requirements, estimated time required before reaching profitability,financing options and how fiscally strong the franchisor is are all important factors an investor should research before making a decision to purchase a franchise.
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Old 12-26-2011, 09:19 AM
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Default Re: any advise investing in a franchise?

If you're interested in exploring the possibility of investing in a franchise, but are at the stage where you're not even sure what industry, much less what company, you want to evaluate... then really you're at square one and have a lot of research to do. In general, the franchise business model is a very proven and reliable approach to business ownership. However, there are plenty of horror stories out there as well. As with anything you need to consider that you're going to be dumping 50-60 hours a week of your time into the business (assuming you're successful) and thus maybe one of the most important starting factors to consider is what you enjoy doing? i.e. if you can't stand fast food, then don't bother looking into the franchises for that vertical. If you happen to be passionate about pizza, great... there's a dozen or so good possibilities there to consider. The point is... in your quest to evaluate what the "best" franchise is to invest in, keep in mind that the answer is extremely subjective and depends, at least in part, on what you want to spend your time doing day in and day out.
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Old 01-20-2012, 02:14 AM
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Default Re: any advise investing in a franchise?

Investing in a franchise resale could be anything that you may look at if you have got a lot of money to expend and wish to buy a company that might be already reputable in its marketplace and contains a proven track record.
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