9: Buying a business or franchise
You will learn how to make objective decisions when considering the purchase of a business or a franchise--and how to evaluate how much you should pay.
- How Should I Go About Buying A Business?
- Opportunities
- Financial ability
- Evaluating a business
- How to determine a business' worth
- Sources of business financing
- Other factors to consider in determining value
- How to verify revenue and receivables information
- Buying an existing business vs. buying a new business
- Pro's and Con's of Buying a Franchise
- Pro's and con's of buying a franchise
- What I should know about a prospective franchiser
- Becoming a franchiser
- Suggested Activities
- Visit different operations
- Attend trade shows
- Understand your intended business
- Analyze any appropriate existing business
- Analyze a franchised operation
- Top Ten Do's and Don'ts
- Business Plan
- Session Quiz