Module 10 – All About Franchises

Franchises are a great way to get started with your first business. They usually come with a how-to manual and the support of an organization designed to help you be successful. While there are disadvantages to franchising, we still believe that this could be a great first step in your entrepreneurial story.

How to Select a Franchise

The most important part of becoming a franchisee is selecting the franchise to buy. We discussed all of the issues you should consider, how to approach the franchiser, and the steps you need to make to be successful.
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How to Buy a Franchise

In lesson 2, we discuss the process of buying a franchise. Do you need a lawyer? What should you look for in the legal contract? How much does it cost and what should that price include. What legal concerns should you have? What obligations does the franchiser have to you?
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How to Run a Franchise

After you have purchased your franchise comes the hard work. We give you all of our best tips about how to make your franchise a success without spending your entire life devoted to it.
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