Buying into a Franchise
Business help with franchise buy-ins. Learn about buying into a franchise, financing, and questions to ask in this free video.
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Summary: Everyone has dreams about where they want their professional career to go. Usually, if you are a small business owner, you may have a hard time finding your business' direction. This can be confusing and exasperating. Not only is it important to make sure that your business is running correctly, you must also foresee a future and direction for your company. Franchises offer this reality. Almost everyone wants their small business to become successful in profit and reputation. However, before you can start moving into the direction of franchising, you must first make sure that all the areas of your business are running as smoothly as possible. As our expert Tim Ricke states, “The components of a well designed business model operate like an automobile. Turn the key, the engine turns, the transmissions sets the gears, and the drive shaft moves the wheels. All systems must work together for the automobile to move. A systematized business works much the same way.
So, how do you buy into a franchise? How do you become a part of these growing or successful businesses? In this free video series, a business consultant and expert will teach you about buying into franchises. You'll learn a history of franchises, how to gain third-party supports, how to know if you're capable of owning a franchise, and how to finance a franchise. There are a number of questions you'll need to ask of franchisers, failed businesses, and family members, and they're all here for you to discover. Take the first step towards buying into a franchise and watch these videos today!
About the Expert
Martin Petersen began his career in graphic arts at MGD Graphic Systems (Rockwell International) in 1972, and since that time, has held executive positions at Royal Zenith Corporation (KBA), Akiyama Corporation, Baldwin Technology and Nordson Corporation. He then started his own consulting company, Middle-Sound Business Consultants, in 2007. His experience includes general management, sales, marketing, business development and finance. His background includes being the CEO of a $1 million startup, to management within a Fortune 500 company. Petersen holds a BA degree in finance from William Penn University, and an MA degree in Economics from Northern Illinois University.
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