Tampa, Fl - Rick Bisio, franchise consultant, spoke to aspiring entrepreneurs at a meeting held in Tampa, Florida. He discussed franchising as he focused on researching and purchasing existing franchises. The first tip Rick gave the group was, "Be discreet; most sellers will not broadcast that the business is for sale. This is positive for you and for the seller. Selling a business takes time and it is in everyone's best interest if the employees … (0 comments)
Ft. Lauderdale, FL -- Young entrepreneurs who are looking to enter the world of franchising have learned a lot of valuable information by working with Rick Bisio, a highly respected franchise consultant and mentor for franchisees in training. Rick teaches his students all about researching franchises and choosing one that is right for them.
Rick has discovered that many students are intimidated at the thought of reading and understanding the franchise contract. In one of … (0 comments)
Ugh. It looks and feels heavy and legal. No fun. Scary even. Rest assured that fear at this point is normal and healthy. What you don't know is that the franchise disclosure document you hold in your hands is a lot friendlier than … (0 comments)
Are franchises "bought", "sold" or "awarded"? Is the franchisor's representative in the "franchise development" department or "franchise sales" department? This may seem like semantics but it is at the core of what a thriving franchise relationship is all about.
If you "buy" a franchise it would imply that you have control over the process, much the same as if you were buying broccoli at the grocery store. You simply evaluate the diverse franchises that are available then walk up to the cash register … (0 comments)
Buying a Franchise is Safer than Starting a Business from Scratch. Almost every potential franchisee I talk with has heard this. And it is factual. The whole point of a franchise is that you limit your risk by buying a … (1 comments)
St. Petersburg, Fl - Rick Bisio, a franchise consultant and noted author, recently spoke at a workshop for people considering owning their own business. Rick discussed how to choose a franchise opportunity based on its rate of franchise development. Rick said, "The rate of growth is an important issue. A franchise that grows too fast may seem like a good thing at first, but … (2 comments)
How can you learn if a franchise system is sound? In the franchise book, The Educated Franchisee we believe in sharing knowledge. A little franchise education can be helpful in this area.
One important measure is the system's pace of franchise growth.
Too Fast: Rapid franchise growth may seem like a good thing at … (0 comments)
"Buying an existing franchise will give you a solid franchise education," said Rick Bisio as he shared tips and information about studying an existing franchise;)
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