Category: Franchising, Licensing
Franchises are a good start-up alternative, especially in a slow economy. Jim Wassell joins Jim Blasingame to discuss the operational and financial benefits of a franchise start-up, even in a slow economy.
What will it take to make capital available for new franchise owners? Joel Libava joins Jim Blasingame to discuss some of the issues around funding the purchase and start-up of a new franchise, including for veterans.
Are you cut out to be a franchisee? Joel Libava joins Jim Blasingame to explain why every person thinking about buying a franchise must determine if they are capable of operating in a franchise environment.
What are the 2 most important things to do before you contact a franchisor? Joel Libava joins Jim Blasingame to reveal how to find out the right franchise questions to ask and who are the right people to ask, in order.
Could you follow someone else's business model? Joel Libava joins Jim Blasingame to discuss whether someone who had run their own business could transition to the strict business model of a franchise.
Buying a franchise must follow appropriate due diligence. Cliff Ennico joins Jim Blasingame to reveal the critical steps of the due diligence process, especially looking at the franchisor’s management team and talking to other franchisees.
What are some creative ways to finance a franchise acquisition? Cliff Ennico joins Jim Blasingame to talk about financing a franchise through a rollover 401(k), plus the risks variables and creativity requirements of owning a franchise.
Jim says franchising is entrepreneurial coloring inside the lines. Cliff Ennico joins Jim Blasingame to discuss why franchising is a great compromise for those who want to be entrepreneurs without the risk of a start up - but can you follow instructions?
Once you determine you want to be a franchisee, then what? Joel Libava joins Jim Blasingame with tips on how to find a franchise fit by doing the research, narrowing down the options and requesting information.
What franchisee business model fits your personality? Joel Libava joins Jim Blasingame to reveal that before you shop for a franchise, you should determine what type of business - retail, service, etc. - is best for your and your background.
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