Is Buying A Resale Franchise A Good Decision?

“Resale franchises are always an interesting topic.

While there can be some great deals…

… there are also a lot of broken businesses.

Some people hope to buy a resale franchise for its great cash flow…

… but that can cost a premium.

Others think they’re getting a great deal…

… only to find out that it is struggling in one way or another.

It can actually be more difficult to turn a business around…

… than to start fresh on your own.

We always encourage people to do their research…

… evaluate the risk & their risk-tolerance…

… and make an informed decision.

So, start with the WHY.

Why is the owner selling?

And why are you interested in this specific business?

Do your due diligence…

… and you’ll find the right fit.

Need any help with this?

Reach out! We’re here to help.

Terry Coker: https://www.linkedin.com/in/terrycoker/

Ray Fanning: https://www.linkedin.com/in/rayfanning/ ”

Is Franchise Ownership The Ultimate “Side-Hustle”?

The “Side Hustle” is a term we started hearing several years ago in conversations with Millennials and Gen Z’s. They were exploring franchising as a potential side hustle to gain more personal freedom and supplement their income from their full-time jobs. In the early...

Buy A Franchise Now?! Are You Crazy!?

We hear it every day... "I just don’t know about starting a franchise now! With the recession, gas prices, stock market instability, unemployment. I just don’t think now is the right time." Is Now The Right Time To Invest In A Franchise? We've been working with people...

Knowing When The Right Time Is To Buy A Franchise?

"Today's Friday Franchise Feedback question: Is NOW the right time to open a franchise? Check out the video below for the answer... If you have a question of your own, feel free to reach out to us directly or drop it in the comments..."

What You Need To Know When Picking A Franchise

What Is The Hottest New Franchise? Every Friday Terry and Ray conduct a Franchise Feedback Session where they address questions from the mail bag. The mail bag is derived from their inbox, and are normally questions from people who are looking to invest in a...

The Importance Of A Proven System

One question we hear fairly consistently is... "Why can't I just do it myself?" In many situations, opening the business on your own is a completely viable strategy... ...BUT you have to have enough money to outlive your mistakes. And trust me, you WILL make mistakes...

Learning From The Experience Of Other Franchisees

Franchise ownership comes with the critical advantage of being able to draw from the experience of other franchisees. You can learn a lot from the experiences of others. It's up to you to reach out to these owners... ...do your research... ...and make the most...

Why Franchises Fail

Over the course of the year... ...a lot of people have lost their jobs or had their businesses fail. So, for those who are considering making the transition to franchise ownership... ...how can you make sure this venture is more successful? In today's Franchise...

How Much Working Capital Do You Need To Purchase A Franchise?

How Much Working Capital Do You Need To Purchase A Franchise? A lot of people will try to trim on what is required for working capital to purchase a franchise. Working capital is an essential component of every business. As you talk to franchisees, the people that...

popular articles from our blog

How Much Does It Cost To Own A Franchise?

How Much Does It Cost To Own A Franchise?

The Cost To Own A Franchise When it comes to buying a franchise, new potential business owners often ask about how much capital is needed to start. Of course, any person who wants to start any kind of business would always ask about the cost associated with it with...

Can I Afford Franchise Ownership?

Can I Afford Franchise Ownership?

Can I afford franchise ownership? There are three main buckets of cash flow that are needed to invest in your own franchise. Franchise fee - a one time fee you pay to be a franchisee of a company Initial investment - what it costs to start the business Working capital...

Would you like to FINALLY Own a business…so you can live life on your terms?

Book Your Franchise Insider Q&A Call Right Now!