Consumer Guide To Buying A Franchise

Many people dream of being an entrepreneur. By purchasing a franchise, you often can sell goods and services that have instant name recognition and can obtain training and ongoing support to help you succeed. But be cautious. Like any investment, purchasing a franchise is not a guarantee of success.

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Do You Really Want to Buy a Franchise?

Next to owning your own home, owning your own business has got to be the one thing most people aspire to. Both are underpinned by that sense of freedom, of not being controlled by others, that is at the heart of our very own identity.

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Pros & Cons of Buying A Franchise

Buying a franchise is an option considered by corporate employees experiencing downsizing or unfavorable work conditions. Before you take the leap, your About.com Guide for Small Business Information has assembled the pros and cons of buying a franchise.

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Business Plan for Buying a Business

Business plans are developed for new businesses and when buying an existing business. Sometimes, entrepreneurs want to buy an ongoing business because they believe they can grow a business with new ideas and approaches. When buying a business, it’s still important to write a business plan to ensure that all aspects of the purchase have been considered and future growth is planned. In many cases, the business plan is also used to attract investors like venture capitalists or angel investors.

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