How to Get Started in Franchising
If you've always wanted to be your own boss but didn't know where to start, then here's what you need to know to get started in franchising.
1 - Set an objective. Know your reason why. Is it to have additional income or to be your own boss or to grow your wealth? You need to know your why. Stay focused on your "why."
2 - Know your budget. Determine how much you have to invest in a business. How much liquid capital, and how much borrowed capital you can get. Find out how much cash flow you need to break even, both for your personal, but for your new business.
3 - Have an end date. Set a target date that will be the day you open your new business. Like any other goal, by by putting a solid date on the calendar, you'll what's necessary to get the job done.
4 - Be determined. Adopt a "whatever it takes attitude" and do not stop until you achieve your goal. It's your future, don't leave it up to chance. Be determined to finish the drill, no matter what.
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Nate Robinson
Restoration 1
"I just want to thank you again for all of your help and support. Without it I may have gotten discouraged or off track and not seen my dream of owning my own business come true. I have spoken to others that did not have that kind of support and am certain that not only did I get more informed about what I was researching but I also had the opportunity to research multiple options to make sure I was making the right decision. I am excited to get this off an running and again thanks to you at FranFinders for helping make that come true."
