Buying a Franchise or an Existing Business
Buying a franchise or an existing business may be a more appealing way to get into business rather than starting from scratch. An existing business has a track record and may give you some idea of what to expect when you start.
A franchise purchase includes training, systems and support from the franchisor and history of information from other franchisees in the system. You’ll hear from Kathy Van Voorhees, a franchise attorney who has helped franchisees both in the purchasing process and in in disputes with franchisors and Chris Coleman, a franchisee himself and a franchise consultant who helps people find their best fit.
In this workshop you will learn:
· Different ways to Evaluate a Going Business
· Options to Consider to Fund the Purchase
· What Help You May Want to Request From the Present Owner
· Pros and Cons of Purchasing a Franchise
· What Assistance You Should Expect From the Franchisor
· How to Evaluate the Options and Determine the Best Choices For You.
Speaker's Bio:
Chris Coleman, FranNet
As a Franchise Consultant & Owner of FranNet, Chris provides no-cost consultations to individuals who are seeking business ownership opportunities. Chris works to match the personal, professional and financial goals of his clients with carefully selected franchise companies. He further coaches his clients on how to thoroughly search for and evaluate franchise opportunities. Chris is now living his dream of business ownership as a franchise owner himself and is devoted to educating others on the benefits & risks of owning their own business.