Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!
Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!
Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!

Time Saving Tips for Franchise Shoppers

Time is a precious commodity these days and although buying a franchise is a time consuming process, there are ways to cut to the chase. Of course you should do your due diligence, but first make sure you’re focused on viable choices. Here are some tips to quickly identify the best franchise opportunities for you so no time is wasted.

  1. Know what you want. Before you even begin shopping around, clarify what you want in a franchise business. Make a checklist of the characteristics you’re looking for. Use your checklist to quickly weed out franchises that don’t fit the bill.
  2. Know your limits. Have your accountant help you determine how much you can invest. Then look in the FDD/UFOC to find the amount of net worth and liquidity that's required by the franchise. Don’t waste time investigating a franchise you can't afford.
  3. Look for open territory. Ask the franchisor if there are opportunities available in the area where you want to locate your business. If not, look elsewhere.
  4. Review Item 3 in the FDD/UFOC. That’s where the franchisor is required to disclose any relevant litigation history. It will give you clues about the organization’s relationships with its franchisees.
  5. Don’t bet on bad odds. Check the franchisor’s failure rate. You’ll find it in Item 20 in the FDD/UFOC. If the track record doesn’t look so hot, it’s probably not. Move on.
  6. Have the right stuff. A good franchisor will tell you what characteristics and skills they expect from franchisees. If you don’t measure up, you’re wasting your time and theirs.
  7. Get the inside scoop. Find out if a franchise is a good match for you by talking to the company’s existing franchisees. Get on the phone and start asking questions. You’ll quickly get a sense of what it would really be like to become a franchisee in this system.

To learn more about franchise opportunities and business opportunities, visit us at FranchiseHelp

The Best Automotive Franchise Opportunities in the USA

The automotive industry has long been an attractive category for aspiring franchise owners. There are nearly as many different types of automotive franchises as there are services and offerings for cars, such as maintenance, repairs, or car rentals. And regardless of the economy or gas prices,the number of automotive franchises is expected to grow due to rising car ownership in developing countries, new car sales, and maintenance and repair of older cars that continue to roam the world's expanding roadways.

Female NASCAR Driver Learns Life Lessons and Transitions to Succesful Franchisee

[Matt Wilson, FranchiseHelp]: Hello everybody. This is Matt Wilson coming from FranchiseHelp.com. I am here with Deborah Renshaw-Parker,former NASCAR driver and Apricot Lane Boutique franchisee. Deborah is coming to us from Bowling Green, Kentucky, where she owns an Apricot Lane franchise. We want to pick her brain a little bit. Thanks for coming on the show.

Franchise Opportunities – Where do I start?

Choosing a franchise can be a positive experience or a shot in the dark investment. Like most decisions, a systematic process for exploring and evaluating your options makes it much more likely that you'll be happy with the outcome. This guide will make your research faster, easier and more productive.