Archive for 'Franchising'

The Franchising Process: Engagement

The due diligence process is over. You might have worked in a store or shadowed the franchisee while making sales calls. You have talked to enough people to have a pro-forma business plan and the market is there for your service. The next step in this dating process, oops, franchising process is becoming engaged. You [...]

The Franchising Process: Business Basics

I know I promised a bit more about franchising, but let me digress a bit. Have you ever met a person pitching a business idea? It can be a wonderful experience to have someone passionate about an idea tell you how a major problem, that you probably didn’t even know existed, will be solved once [...]

The Franchising Process: First Dates and Going Steady

[For additional background on Franchising, see our earlier post.] Now you are getting excited, you have narrowed the list of possible franchises to a small list. You are imagining what it might be like to run a store or provide a service.  The next step in developing this relationship with a franchisor is to conduct [...]

The Franchising Process: Getting Ready For The First Date

Frustrated with working for someone else with different values than yours? Feel like you have become a cog in the wheel?  Have you always wondered what it might take to run your own business? Want to work for yourself? I was thrown into the job marketplace this March and started a three-prong strategy to build [...]