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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Ken Tallarico
Anytime Fitness
"I was transitioning from 20 years of military service in the Navy to the uncertain waters of civilian life.I was very unsure of what I wanted to do, and happened upon FranFinders. Within a day or so, Sue called me with lots of great information and advice. Sue and Rob selected a dozen or so businesses that they felt were right for me, and their number one choice became my number one choice. Their extensive business and franchising experience combined with their patience and honesty made the process much smoother and much less stressful. They knew every step, and made sure I was well prepared for each hurdle along the way. Despite my complete inexperience in business, they never made me feel like I was in too far over my head. They offered encouragement as much as wisdom. They were available to me anytime I needed them. I can honestly say I couldn't have done it without them. I highly encourage anyone interested in pursuing franchise ownership to give FranFinders a call...you will not be disappointed!"
