Home

|

Site Map

|

Advertise

|

Contact Us

|

About Us

FRANCHISE DIRECTORY

FRANCHISE RESOURCES

NEWSLETTER

BUSINESSES FOR SALE

Franchise Industries

Advertising Promotion Franchise Opportunities for SaleAdvertising and Promotion

Automotive Franchise Opportunities for SaleAutomotive

Business Financial Services Franchise Opportunities for SaleBusiness and Financial Services

Child Education Services Franchise Opportunities for SaleChild and Education Services

Cleaning Maintenance Franchise Opportunities for SaleCleaning and Maintenance

Computer Internet Technology Franchise Opportunities for SaleComputer, Internet, and Technology

Food Restaurant Franchise Opportunities for SaleFood and Restaurant

Health Beauty Franchise Opportunities for SaleHealth and Beauty

Home Services Franchise Opportunities for SaleHome Services

Retail Franchise Opportunities for SaleRetail

Sport Recreation Franchise Opportunities for SaleSport and Recreation

Travel Lodging Franchise Opportunities for SaleTravel and Lodging

Wholesale Distribution Franchise Opportunities for SaleWholesale and Distribution

Unclassifiable Miscellaneous Franchise Opportunities for SaleUnclassifiable and Miscellaneous

Franchise Search

Franchise Opportunities Listed AlphabeticallyListed Alphabetically

Featured Franchise Opportunities For SaleFeatured Franchises

Premium Franchise Opportunities For SalePremium Franchises

Standard Franchise Opportunities For SaleStandard Franchises

Franchise Resale, Franchises For SaleFranchise Resale

Franchise Information Quick SubmitQuick Submit

Franchise Resources

Franchise Articles, Franchise InformationFranchise Articles

Franchise News, Franchise Press ReleasesFranchise News

Franchise Books, Franchise InformationFranchise Books

Franchise GuideFranchise Quick Guide

Franchise Newsletter

Receive the lastest franchise information and news. Sign up for our FREE newsletter.

Email Address


How do you choose the right franchise from the start?


Once you have decided a franchise is the right route for you, how do you choose the right one? To choose the franchise that is right for you and that will fulfill your business dreams, you must know yourself, your skills, and your dreams and aspirations. You must begin the process by analyzing yourself. You can start by investigating into various industries that interest you. Once you have narrowed down the choices to a few industries, study your geographical area and determine if there is a market for that type of business. If so, follow a research plan and begin contacting the franchise companies that you believe have potential in your area. Any reputable franchisor will send you extensive information about their business at no cost.

After you receive this information, which is usually disclosed in the offering circular (also known as the Uniform Franchise Circular Offering or UFOC), you have to read it carefully. Read between the lines and do your research. You can go to the library, look online as well as in professional journals, trade magazines, reference books, government publications, and annual public corporation reports. Check with the Federal Trade Commission (FTC), the state franchise authority, and the local Better Business Bureau to see if there are any problems with the company. You can also contact local chambers of commerce or business development organizations and see if they can supply information pertinent to you research. Try to determine if this company is doing well in terms of its financial health, management, reputation, and growth prospects.

After you have read the offering circular, ask the franchisor for a list of franchisees that you can contact. Current franchisees are a great resource and can give you detailed insight on how the company is really doing, what to consider before and after you get into the business, and other critical information. You should visit franchise stores and corporate headquarters to uncover any information that will help you make your decision. Assemble a team of professional advisors, including a franchise attorney and an accountant. They can help you answer technical questions and will be a useful resource throughout the research process.


Click here to return to Franchise Resources.



Home | Business For Sale | Sell My Business | Business Brokers | Franchise Directory
Franchise Opportunity Quick Guide | Advertise | Site Map | Terms      © 2004 - 2017. All Rights Reserved