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Becoming a Business Owner
Buying an Existing Small Business
How Much Is My Business Worth?
How to Advertise Online for Free
How to Analyze an Income Statement
How to Choose a Location for a Business
How to Do a Business Statement
How to Draw Up a Business Plan
How to Fund a New Business
How to Get Started in a Stay-at-Home Business
How to Open a Business
How to Open a Business Bank Account Online
How to Open a Business Franchise
How to Set Business Goals
History is a great teacher if we let it be. You can learn how to avoid some of the pitfalls of failed fran… More
Owning a franchise is a lot like owning your own business, even though you may have some support from a co… More
When opening up a business franchise, do the appropriate research to determine the available franchises, a… More
Franchise loan officers provide loans to existing owners of franchises. They typically work for banks and … More
You’re ready to go into business, and you’ve decided that purchasing a franchise is the way … More
Financing the purchase of a franchise is best done by going directly to the franchiser, who may be willing… More
The Dollar Store franchise has become a staple of America’s economy. Selling everything from househ… More
Franchises have been around for centuries. Entering into a franchise means you will use and practice busin… More
Buying a Pizza Hut franchise requires contacting the company through the Web site, filling out information… More
To buy a Chick-fil-A franchise, contact the business Web site, research information on buying a business a… More
Quiznos is the second largest submarine sandwich franchise in America today, second only to the ubiquitous… More
Start a Burger King franchise by contacting the Burger King organization, obtaining basic information on c… More
Buy a successful McDonald's franchise by filling out a simple application, reviewing a prospectus and disc… More
Certified financial planner franchises work in the same way as any other business franchise, and they teac… More
Summary: When opening up a business franchise, do the appropriate research to determine the available franchises, and include the franchise fees and marketing into the new business plan. Start up a business franchise with advice from a certified public accountant in this free video on starting a new business.
Amber Hill is a certified public accountant and a partner in several small businesses that she started from the ground up. Hill has worked as a city financial director, written...read more
"Today's topic is How to Open a Business Franchise. Opening a franchise is no different than opening up any other business. There are a lot of different franchises out there. There's a lot of resources that tell you what kind of franchises are available, and what kinds of markets that they're willing to go into. Just because you're interested in a franchise doesn't mean that they're interested in your market. For many there's a population requirement, or a median household income, or both. And so you'll want to do the research on whatever your interests are, and make sure that that is a good fit for where you want to do business, as well. When you do get ready to do that research, there are a lot of online resources, as well as your public library. And there are some sites that are a little more handy that others. Franchise.com, sba.gov. And between those two, I believe they cross-reference some SBA approved franchises, which kind of gives the appearance, at least, that those are some pretty lucrative, or, you know, at least good to follow up in a business plan. You will want to do a business plan. Just because they're a franchise and established, doesn't mean that they're going to work for you. So follow through with your own business plan and just include the franchise fees and the marketing that is going to come with that franchise in your plan. And develop those financial statements accordingly. One last little note is usually franchises have some information out there that is public. Perhaps their financials are published. And pull those down and take a look at their trends. Make sure it's a franchise that you want to have a long term relationship with."
eHow Article: How to Open a Business Franchise
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