Perhaps one of the most overlooked and most important parts of the franchise discovery process is validation. It’s time-consuming, detail-oriented, un-sexy work, but it’s one of the most valuable parts in ensuring that you’ve chosen the brand that offers the best...
For many aspiring entrepreneurs, there is a real drive to be independent and own their own businesses, but (understandably) the start-up grind and uncertainty gives many pause. This is where franchising comes in as an option that threads the needle. In many ways,...
You’ve performed your initial research, carefully vetted brands, narrowed your options, met with franchise development representatives, completed due diligence and you’ve come to the final stage in the process: Confirmation Day (sometimes called Discovery Day,...
The short answerThere is no single right franchise. David Busker evaluates fit in three tiers: hard objectives (the owner’s role, financial qualification and territory), intangibles (skills, family situation and job flexibility) and esoteric factors (culture, language...
Whenever I speak with a new candidate, I frequently find myself answering a few repeat questions. Primarily, these questions are centered around a myth or misconception that has given them pause in considering franchise ownership. Asking an abundance of questions is a...
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