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Buy a franchise and secure your financial future, right?
There is a huge industry that is built upon you buying a franchise, paying a franchise fee and then working hard every day to keep the stream of royalties flowing. Franchisors, suppliers, distributors, franchise brokers, and others all have a vested interest in continuing the myth that opening a franchise is the easy path to success.
Over the years, I have worked for franchisors, helped franchisees try to sell their businesses, and worked with buyers trying to buy new and existing franchise locations. Inside you'll find lots of stories of the situations and events that I've witnessed in my years as a business broker and consultant.
If you're thinking of buying a franchise, there are dozens of guides which will help you choose the right one but very few guides that will show you the hazards. Before you invest and borrow hundreds of thousands of dollars to realize your small business dream, invest a few dollars and some time in learning what can go wrong.
Product details
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Audible Audiobook
Listening Length: 1 hourĀ andĀ 41 minutes
Program Type: Audiobook
Version: Unabridged
Publisher: David C Barnett
Audible.com Release Date: April 23, 2018
Whispersync for Voice: Ready
Language: English, English
ASIN: B07CJKNXTX
Amazon Best Sellers Rank:
I've been a franchise development executive for nearly 20 years. My specialty is mergers and acquisitions. Came across David Barnett's podcast. Went to his website and purchased Franchise Warnings. What a great read. In fact, this was the most informative book I have read on the topic of franchising. Franchise warnings should be required reading for all involved in franchising; whether it be buying, franchise development or financing of franchises.
This is a must read if you're thinking of starting a new franchise location, buying an existing franchise business, or franchising an existing business.
Great book. If you are thinking of buying a franchise, read this book first! You will learn a lot, and you just might save yourself from a huge loss.
Excellent book that helped me to see the pitfalls of going into franchises as a business option where the upside is with the Franchisor and both the risk and burden is with the Franchise!
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