5 Big Mistakes People Make When Buying A Franchise

│𝐌𝐢𝐬𝐭𝐚𝐤𝐞 #𝟏│ 𝐎𝐧𝐥𝐲 𝐟𝐨𝐜𝐮𝐬𝐢𝐧𝐠 𝐨𝐧 𝐟𝐨𝐨𝐝 𝐟𝐫𝐚𝐧𝐜𝐡𝐢𝐬𝐞𝐬

Here’s the deal…there are a number of high-quality non-food franchises out there that are…

✅ More profitable

✅ More lifestyle-friendly to operate, and

✅ Cheaper to get intoThe only problem is they’re hard to find.

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│𝐌𝐢𝐬𝐭𝐚𝐤𝐞 #𝟐│ 𝐅𝐚𝐥𝐥𝐢𝐧𝐠 𝐭𝐨𝐨 𝐦𝐮𝐜𝐡 𝐢𝐧 𝐥𝐨𝐯𝐞 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐰𝐢𝐝𝐠𝐞𝐭

Look…we all want a business we can make a bunch of money with that revolves around our passion.

The reality is that business probably doesn’t exist.

Now, if you can get passionate about…

✅ More freedom in your life

✅ Building a team of people who love working for you (and want to run the business for you), and

✅ Creating an income-producing asset that you can sell one day…

…you’ll find some interesting franchises to explore.

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│𝐌𝐢𝐬𝐭𝐚𝐤𝐞 #𝟑│ 𝐔𝐬𝐢𝐧𝐠 𝐭𝐡𝐞 𝐰𝐫𝐨𝐧𝐠 𝐟𝐮𝐧𝐝𝐢𝐧𝐠 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲

You’ve probably heard a big reason new businesses fail is because they run out of money. The truth is that’s probably because they used the wrong funding strategy to begin with.

One of the biggest advantages to investing in certain* franchises are the funding options available.

✅ There are some “low-money down” options through the SBA that don’t require a ton of cash.

✅ There’s also a way you can tap into pre-tax retirement funds like a 401k plan without having to pay taxes and penalties.

*I say “certain” because the SBA and banks will only fund franchises they feel comfortable with.

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│𝐌𝐢𝐬𝐭𝐚𝐤𝐞 #𝟒│ 𝐑𝐞𝐥𝐲𝐢𝐧𝐠 𝐨𝐧 𝐭𝐡𝐨𝐬𝐞 𝐟𝐫𝐚𝐧𝐜𝐡𝐢𝐬𝐞-𝐫𝐚𝐧𝐤𝐢𝐧𝐠 𝐰𝐞𝐛𝐬𝐢𝐭𝐞𝐬

Ever scrolled through those franchise ranking websites like you’re shopping for a new frying pan on Amazon?

Well, just like how Amazon controls which frying pans you see, so can those franchise-ranking websites.

Plus, as soon as you find a franchise you think is interesting and request more information, get ready to become a very popular person because your information probably just got sold to a bunch of other franchisors and brokers who are hungry for a lead!

There’s an easier way to find the right franchises to explore that most people don’t know about.

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│𝐌𝐢𝐬𝐭𝐚𝐤𝐞 #𝟓│ 𝐃𝐨𝐢𝐧𝐠 𝐭𝐡𝐞 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐭𝐡𝐞 𝐰𝐫𝐨𝐧𝐠 𝐰𝐚𝐲

Look, just because a franchisor publishes a juicy Item 19 in their FDD doesn’t mean anything.

There are a number of layers to a franchise that need to be analyzed to make sure it’s the right fit.

So buckle up and prepare for a thorough process that includes…

✅ A number of conversations with a sales rep franchise the franchisor who’s going to make their business seem like the greatest thing since the Magic Eraser

✅ Reading lots of dense text written by attorneys in the FDD

✅ Having a number of discussions with actual franchise owners of that brand (and not just sitting on conference calls or listening to recorded calls)

✅ A few of your family and friends telling you “you’re crazy”

✅ Talking to different funding companies that specialize in funding franchises, and

✅ Some sleepless nights as you think about this life-changing decision.

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The good news is if you do your research the right way, have the right advisor, and find the right franchise, it should all be worth it!

And you can learn all of this by claiming your free copy of The Franchise Investment Guide.

By reading this book, you’ll have an advantage over most people researching franchises right now because you’ll learn how to get inside access to some of the top non-food franchises in the country.

On top of that, you’ll learn how to analyze a franchise to figure out if it has the potential you want.

https://www.franchiseinvestmentsystem.com/FreeBook

The Franchise Investment Guide is written by one of the leading franchise consultants in the country, Dru Carpenito.

Dru is a franchise industry expert who has over fifteen years of experience helping people buy, build, and sell (as in cash out) franchises.

And he shares his secrets with you in this book.

https://www.franchiseinvestmentsystem.com/FreeBook

Claim your free copy now!