Franchise Contracts For Buying a Franchise Becoming the owner of a franchise is now more popular than ever.  One reason is due to the state of the economy, where former employees want to strike out on their own.  Another is the wide selection of franchises available for sale – everything from traditional fast-food restaurants and […]

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Franchise Terms Every industry or field of study has its own buzzwords and unique language.  This is true in medicine, real estate, book publishing, or just about any other venture.  People interested in buying a franchise will find it difficult to make wise business decisions without understanding the franchise terms that are in use – […]

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An Internet Business Opportunity Awaits The most important question a prospective business buyer can ask is, “How much is that business worth?”  There are accepted methods to come up with the proper valuation of a “bricks & mortar” company, but an Internet business valuation rarely fits those parameters.  If you have an Internet business opportunity […]

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Getting the Low-Down on Franchises For people who want to open a business they can call their own, the option of buying a franchise is clearly one of the best possible routes to take.  Franchises offer instant brand recognition, a proven operating system developed over many years, and plenty of corporate support.  But not everything […]

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“Business Seller Retiring – Priced to Move” While searching for an existing small business to buy, the novice entrepreneur will come across a few deals that seem almost too good to be true.  There are times when a family situation or a dodgy medical condition may require a quick sale at a below-market price, but […]

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We live in a world that is riddled with crime. You only have to pick up a newspaper or watch the first five seconds of the news to know that. However, as a result, there is a huge demand for all kinds of security and protection, and that demand comes from all walks of life […]

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Tons of Business Opportunities After making the decision that you want to buy a business, what’s your next step?  There are literally thousands of small business opportunities out there for the prospective entrepreneur, and choosing the right one is probably the most important business decision you will ever make.  Just look at some of the […]

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A Brief Explanation of Franchising The concept of franchising goes back more than a hundred years—some argue that the idea came about in the Middle Ages, or even earlier—but what exactly is a franchise?  I’m glad you asked!  At its most basic, a franchise is the right for someone (the franchisee) to sell a product […]

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Buying a Franchise Business For anyone looking to own their own business, one of the best ways to do that involves buying a franchise.  There are many reasons to explore the world of franchise businesses, including a reduced risk factor (franchises have a higher success rate than starting a business from scratch), mass buying power […]

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Over the years, I’ve heard a million horror stories from business owners about their experiences with some of the “fly by night” business brokers out there.  It’s always the same names and it always makes me wonder, “How did you get hooked up with these people?  Why did you hire them?”  I mean, I’ve seen […]

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The Basic Business For Sale Agreement Whether you are buying a business or selling one, a certain number of legal papers are a necessary part of that transaction.  One of the most important is the Business For Sale contract.  While the exact form of this document may vary from state to state (or from country […]

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Financing Your Dream Business Prospective business buyers are always looking for innovative ways to come up with the money to start a company or acquire an existing one.  If you want to buy a business, your choices may be limited based upon what you own, what you owe, how good your credit rating is, and […]

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Life Partner and Business Partner? Enjoying a solid, stable marriage can provide a terrific foundation for your financial future – owning a business together.  Many married couples are also co-owners of companies, and one of the easiest ways this is accomplished is through the purchase of a franchise.  You two have already figured out how […]

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Look Before You Leap Once you have decided to go into business for yourself, one option is to buy a franchise rather than start a company from scratch or purchase an ongoing operation from its current owner.  There are many benefits to buying a franchise, among them high brand recognition, a strong corporation backing you […]

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What is a Part-Time Franchise? Buying a franchise business is a great way to become an entrepreneur and help secure your financial future.  Franchises are available in an amazing number of different industries and can appeal to people with all sorts of skills.  Although most businesses require an owner’s full-time attention, there are plenty of […]

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Leaving the Corporate Rat Race Quite a few nine-to-fivers express an interest to buy a business – no more bosses looking over their shoulder and no more asking permission to take a day off for personal reasons.  These days, however, people are just as likely to be pushed out of Corporate America as opposed to leaving […]

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A long-term care facility is a medical facility that takes care of seniors and the disabled for the duration of their lives when they are no longer able to manage self-care.  Many people know long-term care facilities as nursing homes, retirement homes, group homes and assisted living homes.  The first consideration when you buy a […]

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After the Paperwork Has Been Completed A fairly sizable check has changed hands and mountains of documents have been initialed and signed.  You are now the proud owner of a franchise operation.  It might be a retail store, a mobile business, or perhaps something you can do from home.  Maybe it’s a restaurant, or a […]

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What is Due Diligence? A legal term that has taken on extra-legal meaning over the last seventy years or so, due diligence was originally coined in reference to the U.S. Securities Act of 1933.  Following the stock market crash in 1929, brokers were given some very specific steps to follow before being allowed to sell […]

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“I’ve Got a Little List…” With apologies to Gilbert & Sullivan – the above quote is from their operetta, The Mikado – making a list of the top “this” or the best “that” is always a challenge.  Strong opinions abound, and any attempt to compile the most popular food franchises across the United States is […]

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