Margaret looked pretty darn puzzled. She had just asked me what I thought the “ ” franchise was, and my answer went like this: best .” “The best franchise is the one that is best for you. A franchise opportunity that best meets your specific criteria. It’s one with a total investment that’s within your financial reach . An opportunity that can help you reach your short-term and long-term goals. And one that you can easily ‘see’ yourself owning and operating ?” “No…really Joel. What is the best franchise Margaret…Margaret…Margaret…You’re not getting it. Buying A Franchise Is A Step-By-Step Process Margaret isn’t alone. Like most of the people , Margaret wants to cut to the chase. I work with She wants to know what the best franchise opportunity is, how much she’ll be able to make as the owner, and when she can open her franchise business up. Easy stuff. Except it’s not. That’s because in order to get to the “ ,” you need to learn the “ .” what how In other words, you have to learn to reach your goals. how ERROR ERROR Actually, you have to set your goals, . Then you can go about learning to hit them. first how Franchising If you choose the right franchise opportunity, and you know to best leverage the business model of franchising, you have a pretty good chance to become a successful franchise business owner. You just have to know to choose. how how And to separate the winners from the losers. how to conduct your research. How to protect yourself-and your family, with . How good legal advice to obtain financing-the right type of financing for your unique situation. How And more. But, before you do those things above, you must engage in serious self-discovery. Do a net worth calculation. Come up with a franchise search strategy. And have a heart-to-heart with your spouse, partner…whoever is going to be involved in the decision to be your own boss. It’s a lot. Unless it’s done step-by-step. Unless you know . exactly How To Buy A Franchise Which you can learn to do . how right here ( . .) The Franchise King, Joel Libava, is the author of “Become A Franchise Owner.” He specializes in in teaching people how to choose, research, and buy franchise opportunities that can be money-makers Learn more
