Stage 1: Competed Questionnaire & Building Your Foundation
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What are some of the benefits of investing in a franchise.
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Types of franchise businesses.
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Succeed by building your positive attitude mind set.
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Overview of the Investigative/ Learning Process.
Stage 2: Consultation Call
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Know what you are looking for-define the Key Criteria of your Ideal Business.
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It's important for you to understand what net worth, liquidity, and total investment mean in the franchise world.
Stage 3: Matching Brands
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Use eligible retirement funds to invest in your own business-no IRS penalties, no taxes, no interest or principal payments.
Stage 4: Dig In with Your Brands
Mining Information from the FDD
What sections provide good information in a Franchise Disclosure Document (FDD)? Do not be intimidated by this large document. Focus where you spend your time. “Mining Information from the FDD” highlights important sections.
Decision Tool
Tool helps you leverage your Key Criteria to determine which brand is the best match for you.
Stage 5: Validate with Franchisees
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Get the most out of validation calls with existing franchise owners by following these tips. Use these sample questions to get started.
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Some topics you may want to explore with franchisees.
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Make sure you are "speaking" a common financial language when validating with franchisees.
Stage 6: Decision Time
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Prepare for your Discovery Day to achieve great results.
General Topics
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Tips for investigating an existing business that is for sale (resale).
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Important things to consider before franchising a business.