6 Step Guide to Buying a Franchise in 2024 - Franchising Tips

The Daly Coach
The Daly Coach
1.3 هزار بار بازدید - پارسال - How do you open a
How do you open a franchise business? I've got your back! If you're new to the concept of franchising, here's a simple 6 step guide to get you started. --------- ✉️ Contact Me Now: bit.ly/3ySHq5d 🔔 Subscribe: bit.ly/2YCDc1N 🎧 Podcast: apple.co/3YIwnVG 🙎‍♀️ LinkedIn: bit.ly/3l8A8lp 👩 Insta: bit.ly/3TbHvbf ♪ TikTok: bit.ly/3XlwSUA ---------- 00:00 How do you open a franchise? Investing in a franchise business is a fantastic way to become a business owner while mitigating the risks of a startup a business. A franchise is a unique way to diversify your investment portfolio. Franchising a strong option for those in career transition or who have just been laid off. But how do you go about buying a franchise? You follow these 6 simple steps: 00:23 - Franchising Step #1 Talk to your spouse or partner. Involve them in the conversations. They have to be on board with investing the money. They do have to be supportive of the idea of having a family business. Because investing in a franchise will impact everyone in your family, not just you. Even if you're the one that's going to be driving that business day to day. 01:09 - Franchising Step #2 Work with an experienced Franchise Consultant. Of course I'd love for you to work with ME, but most importantly, find someone who has the experience and relationships to align you with strong franchise opportunities that match your personal goals, professional goals, and financial goals. 01:38 - Franchising Step #3 Assess your finances. Understand your net worth. Know what you can comfortably afford, and what your financing optinos are. Not sure where to start with this process? I can help! 02:38 - Franchising Step #4 Go on blind dates. Blind dates? Yes, blind dates! The process of exploring a franchise is like a courtship leading to a marriage where ultimately it's the franchisor's investment to offer to you. So it's a mutual evaluation process. So we're going to dust off your dating skills... Asking questions, talking to the franchisor, learning about tools and training and technology, and then setting out to validate that information with their current franchise owners to see, in the real world, how are the people who've already said yes, how are they doing? Are they happy knowing what they know now, would they do this again? 04:19 - Franchising Step #5 Attend Discovery Day. This is your opportunity to get face to face with your potential partners. They want to make sure that you are a good cultural fit, that you are open and coachable and have a personality that's going to blend well with their family or franchisees. And you want to make sure that everything that you've been learning from home over the phone and on Zoom, that it feels true, that it feels good when you're there in their corporate offices, absorbed in their environment, taking in their culture. This is the time for both parties to come together, get face to face and decide if this really is the opportunity that both of you want to say yes to. 05:16 - Franchising Step #6 Make a decision! If we've worked together, you will have done ample due diligence on the brand and the opportunity, so when it comes to this step, you can make a confident investment decision. If you're exploring franchise investing in 2024, I would love to coach you through that process. My franchise consulting services are free to you. Email me now to start the conversation! --------- ✉️ Contact Me Now: bit.ly/3ySHq5d 🔔 Subscribe: bit.ly/2YCDc1N #franchising #franchiseconsultant #alternativeinvestment
پارسال در تاریخ 1402/02/19 منتشر شده است.
1,322 بـار بازدید شده
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