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franchise: Buy an Independent Business or a Franchise (part 3 of series) - 07/25/07 02:58 PM

The arguments in favor of a franchise are formidable.  With a franchise you should get immediate name recognition, awareness, and acceptance.  You get training in running your business.  You get complete policies and procedures manuals.  You get national contracts with suppliers which allow you to buy for less than you could arrange for yourself locally.  You also have access to a franchise owner's group which will give you people you can talk to about problems you are having with the operation of your business.
The primary argument against franchises is the control that the franchisor exercises over your daily operations.  The franchise … (9 comments)

franchise: Buying a Business: First Things First - 07/24/07 08:24 PM
 
Before you even consider buying a business you have some decisions to make and some homework to do:
1.     Should you buy an existing business or start from scratch?
2.     Do you want a franchise or an independent business?
3.     Should you lease your location or buy the real estate?
4.     How are you going to pay for the business?
5.     How much do you need (want) to make?
6.     What type of business are you interested in?
7.     Where do you want the business located?
Buy existing business or start new?
There are many reasons to buy an existing business rather than start new, and very few reasons not … (27 comments)

 
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Bill Roberts - "Baby Boomer" Retirement Planner

Oceanside, CA

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Brooks and Dunphy Real Estate

Address: P.O. Box 712501, San Diego, CA, 92171-2501

Office Phone: (619) 244-4610

Cell Phone: (619) 244-4610

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Everything that the "Baby Boomer" needs to make sound financial decisions regarding real estate investing and retirement planning. Business Opportunities, self-directed IRA retirement plans, and mortgage strategies.


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