
Franchising Without Fear
Six Steps to Successfully Buying Your Own Business
- English
- ePUB (mobile friendly)
- Available on iOS & Android
About this book
What if buying your own business was as easy as following a blueprint?
Are you one of the 86% of the population dissatisfied with your current career? If so, you are not alone.The majority of people are tired of corporate life, fixed schedules and little control over their future. Do you feel your talents and skills are being used to build someone else’s dream business?
The truth is you don’t need to be a millionaire to own a franchise and there are thousands of options besides restaurants. By arming yourself with knowledge, preparation and determination you can realize your dreams.
In this book you will learn:
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The #1 reason people do not open a franchise and how to overcome it.
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Bulletproof strategies for choosing the right franchise.
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Warning signs to look for in a franchise.
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Characteristics of a successful franchise.
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The realities of running a business.
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And much more
Discover the six steps to successfully buying your own business starting today.
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Information
Table of contents
- Endorsements
- Title Page
- Copyright
- Dedication
- Contents
- List of Tables
- Introduction
- Step One - Why?
- Are You Dissatisfied?
- Vision
- Step Two - Confront your Fear
- Fear: Friend or Foe?
- What Do You Fear Most About Starting a Business?
- Effective Strategies for Working through Fear
- Step Three - Why franchising?
- The Definition of Franchising
- The Evolution of Franchises
- Kinds of Franchises
- Franchise Myths
- Pros and Cons of Franchising
- Working with Franchise Consultants
- Surprising Facts about Franchising
- Start a business or buy a franchise?
- Cognitive overload
- Three Pathways for Owning a Business
- Business Opportunities versus Franchised Businesses
- Categories of Franchise Business
- What the Franchisor Wants
- Are you a Military Veteran?
- Ability to Follow Directions
- Openness to Training
- Step Four - Your Blueprint for Selecting a Franchise
- Select the Right Business
- Stage 1: Create a Personal Profile
- Stage 2: Define Your Goals and Interests
- Define Your Interests
- Falling in love with the first franchise
- Key Features
- Stage 3: Narrow Your Options
- Stage 4: Explore Your Options
- Follow the steps
- Stage 5: Conduct a Thorough Review
- Examining the FDD
- Stage 6: Make Your Decision
- Step Five - Your DIY Decision-Making Toolbox
- Making a Knowledgeable Decision
- The ânearly flawlessâ diamond
- Determine Your Decision-Making Style
- Building Decision-Making Skills
- A Proven Decision-Making Process
- Decision-Making Pitfalls
- Timing
- Procrastination is costly
- Tools and Resources for Effective Decision Making
- Decision Analysis Tools
- Step Six - Realities of Running a Business
- You Will Need to Work Hard
- Every Day Will Be Different
- Lessons Learned Through Business Ownership
- Mentors
- Surround Yourself with Great People
- Using Tools to Help Build Your Business
- Youâre the BossâEnjoy It!
- Set your mind to it
- The Power of Dreams
- Glossary of Common Franchise Terms
- Notes
- Acknowledgements
- About the Author