The Franchise King®

Are You Thinking About Selling Your Franchise Business?

Info

Most of the people who subscribe to this franchise blog are here to gather information about buying a franchise; not selling a franchise. Big difference.

If you're a would-be franchise owner, you're focused on finding that "perfect" franchise. You're trying to get your arms around the up-front investment, and your return on that investment. That's what you should be doing. But, there's something else that most future franchise owners forget to consider.

Is the franchise that you're thinking of investing in have a potential to create some real equity? Let's hope so. Because that would be a good thing.


For example, if you're looking into investing in a retail franchise, you may have an opportunity to become a multi-unit owner, and it's easy to see your equity. All you have to do is drive from one location of yours to the other locations that you own. They're your businesses! WOW!

Great clips
(*Click The Logo Above For an Example of a Multi-Unit Retail Franchise.)



Get My Free Report:
The 3 Most Profitable Franchise Types To Own Right Now
Invalid email address
You'll also receive my FREE VIP Franchise Newsletter

But, if you're considering a business to business franchise, like a consulting type of franchise…maybe something home-based, like a business-coaching franchise, it's a little harder to put your finger on just how much equity you'll be able to enjoy.

Read this important post about coaching franchises.



Grab This BEFORE You Buy a Franchise

franchise guide

Not After!



Part of your franchise due diligence needs to include your exit strategy. Most franchise agreements are 10 years. What are you going to do when your contract expires? Will you renew it? Will you sell it?

Here's an Inc.com post from fellow Small Business Trends writer John Warrillow, that will give you some great tidbits of food. For thought. About selling your franchise, when the time comes.

Inclogo

Read the Inc.com franchise article

Here's where to go to find your franchise.

Please Share This Article!
0Shares

franchise article written by joel libava

Note: When you buy through links on this website, we may earn an affiliate commission. In addition, I've started to use AI to help me craft better article titles and headings.
headshot the franchise king joel libava

I'm The Franchise King®, Joel Libava. For 24+ years, I've helped thousands of people avoid bank account emptying mistakes.
If you want to make a smart, informed decision on franchises to own, I can help you, too! Note:
I'm NOT a franchise broker/consultant/coach.
See how I'm different.

Recommended Reading
Introduction To Franchising
How Much Is A Franchise?
List of SBA Preferred Lenders
What Is The Franchise Fee? How To Buy A Franchise
Best Franchises To Own

Featured Franchises!
Top 33 Business Ideas
Starbucks Coffee Franchises
10 Best Franchise Websites
About Franchise Consultants
How To Read A FDD
Questions To Ask Franchisors
Questions To Ask Franchisees Franchise Discovery Day Franchise Reviews

Free Franchise Tools
Franchise Compatibility Quiz
Net Worth Calculator

"We engaged Joel's services at a very reasonable cost. He has impressive knowledge of this industry, he is honest, and very pleasant to speak to. There is no question that Joel added the clarity and in depth understanding of the franchise business that we needed. I can call Joel a friend. PS. Read his franchise research ebook!"
- Yolanda Wheaton, Georgetown, Texas
Fixed Image Link Best franchise blog

Click The Cover!

franchise research guide
top franchise blog posts 2020
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.