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My clients often ask "why is this guy selling"? A perfectly normal question and usually there is a legitimate answer from a truthful seller. But many of my clients also go further and want to know what constitutes a good "buying opportunity", especially in today's topsy turvy economy, so I put this together.....read on
Here is a novel approach for the Beverage station......
This came to me from a Sub shop inquiry. I found it amusing, and also thought you should see the thought process of someone who desparately needs some of the education I offer on this site. This is not your typical buyer inquiry, but it has elements and hints of bad buyer habits and assumptions that surface from time to time; I am sure he and others would benefit from my insight and services. Would you agree? Read on......
Recently I started to get inquiries about the Subshop Business Plans, particularly the World's #1 Subshop franchise, what 's in it, how do I do one, is there a template, etc.
The answer is, yes I have done many in the past for Subshops,Extreme Pita, Quizno's and other concepts. Read more.....
Recently I had a client who ran into some bank financing difficulties. While the problem was grave and I do not entirely fault the Bank given today's nervous credit market, I believe there are solutions to the problem that could work.
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One of the most important aspects of the Franchise business is the premises' lease (and location). A poor lease can haunt you for years and a well negotiated one will serve you for a long time, as well as add value to the franchise business. It is like climbing a mountain for the first time: you need the right equipment, the right maps, you need some tips from experienced climbers, and you need to know when and how to abandon the expedition in the event of intolerable circumstances - to save your life.
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Franchise financing has undergone a major change in the past 6 months. Gone are the days of easy money; buckle your financial seatbelt for a safer but tighter ride into the world of Franchise Financing.
What are some of these changes?
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An informal survey of business brokers yielded the following results that I thought were very interesting. Are you one of these buyers? maybe you need some help to get better results in your buying efforts.
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