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Franchise Resources

May 11, 2020
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Deciding to buy a franchise can be one of the most exciting decisions you'll ever make. How many of us dream of being in charge of our destiny, being our own boss, and building something we can use to give our families a better life? Owning a franchise is a great way to do this. Buying a franchise allows you to start a business of your own that already has brand recognition, a built-in customer base, and support and training aimed at helping you be more successful. There are so many franchise opportunities in the U.S. where you can find a business that fits your interests and allows you to make a living doing something you love. These are just a few of the advantages of buying a franchise. On the flip side, buying a franchise can be stressful. You're investing money into a new venture and you'll want to succeed. The good news is, there are plenty of franchise resources that can help you make an informed decision. Let's take a look at some of the franchise resources that can help you get started on the right foot.

Franchise Owner in Meeting Getting Started on the Right Foot

Financing Resources

This is one of the biggest aspects of buying a franchise. You need to be able to find the money to buy your franchise. Fortunately, there are a lot of ways you can find the money you need to buy your franchise. Some franchisors will finance for you and allow you to pay off the franchise while you're operating it. Ask about that option before you start looking elsewhere. If it isn't an option for the franchise you want to buy, don't worry, there are other options. You could consider a franchise investor. There are plenty of people who are willing to invest in your franchise if it looks like they can get a good return on their investment. The Small Business Administration (SBA) is another financing option. The loans are sponsored by the U.S. SBA to provide Americans with tools, guidance, and support for starting and operating small businesses. The loan program uses intermediary lenders (mostly banks) as partners for giving small business loans. The SBA guarantees the loan and will refund most of the loan to the lender if the borrower defaults. SBA loans are desirable because of their high capital amounts, low-interest rates, and the term length of the loans.

SBA Loan Form for Starting a Franchise

Franchise Legal Resources

Any attorney can help you break down franchise agreements, non-disclosure agreements, and documents regarding franchisor disclosure requirements, but an attorney that specializes in franchise law is usually more familiar with the relationship between franchisor and franchisee. If possible, find a lawyer that specializes in franchise issues. The cost of a franchise attorney can save you time and money down the line as you look for a franchise to buy. They can also help if any issues arise after you purchase your franchise business.

Franchise Advisor Resources

A franchise advisor (franchise consultant) is someone who understands the ins and outs of franchising and can offer advice to someone who is weighing their options before buying a franchise. They can make suggestions that can help you find a successful franchise. Franchise advisors can also help an existing business find ways to improve their success or determine ways they can expand or diversify safely. Franchise consultants are not necessary, but if you feel you need an extra hand in making decisions about buying, operating, or expanding on a franchise, you might want a third-party advisor. Franchise advisors are more for understanding and making business decisions, whereas a franchise attorney offers advice in legal matters. You might also hear the term "franchise broker." Sometimes franchise brokers present themselves as franchise consultants, but they aren't consultants. A franchise broker, like a real estate agent, is a third-party entity that facilitates the sale of franchises. Franchise consultants don't have a vested interest in a specific franchise. Their goal is to help you find the right franchise. A franchise broker has an agreement with specific franchises.

A Franchise Advisor Advising a Future Franchise Owner

Franchise Opportunities

We've saved this for last, but it will likely be where you start. You'll want to find a franchise that fits your needs. This includes finding a franchise you'll enjoy as a business, finding one that fits your budget, and finding one that will be successful. You might use a franchise consultant to help you do this, or you might go at it on your own. After all, there's a good chance you know what you're looking for. It's just a matter of finding the franchise, securing the financing (a bank loan, the SBA, an investor), and closing on a deal.

All USA Franchises Can Help You Get Started

Whether you are an investor looking for a franchise investment, a franchise wanting to list your franchise opportunity or someone who is looking for a franchise to buy, All USA Franchises has what you need. We are on a mission to list all 3000 plus franchises in the US. You can start your franchise search and look through franchise opportunities by industry or by investment. This lets you find the right franchise opportunities in the investment range that fits your budget.

We also guide you to the best franchises resources available. All USA Franchises provides you with the informative AUF blog, full of helpful articles and tips for franchisees as well as the latest franchise news. We also provide the latest information about the franchise events you won't want to miss. In addition to the blog and events information, we bring you a valuable resource section that helps you locate franchise advisors, franchise brokers, franchise consultants, franchise developers, franchise lawyers, and franchise training services. These resources will save you time and can provide you with additional franchise help when you need it.

At All USA Franchises, we want to be a part of helping you find a successful franchise. When you're ready to buy a franchise, make us your first stop. You'll find all the franchise opportunities and franchise resources you need to start your future now.

Don't forget to visit our social media profiles, where we always keep you up to date with the newest franchise opportunities and franchise news, along with franchising events you might find helpful. There's no better way to stay on top of what's new in the industry. Let All USA Franchises be a part of your road to success.

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