Franchise University
Congratulations on taking the first important step into the world of franchising! The worst franchise failures occur due to a lack of thorough research and preparation. By choosing to take our free, online tutorials on various franchising topics, you have already dramatically increased your chances of purchasing a successful franchise.
The first day of school is now! Our online curriculum here focuses on the various stages of the franchise selection process. Please click on any of the following courses, depending on your level of knowledge and experience:
Stage 1: Research
Stage 2: Evaluation
Stage 3: Close the Deal
Stage 4: Graduation
We believe there is a strong correlation between the efforts you put into the learning process and the ultimate degree of success you enjoy as a franchise.
The selection of an optimal franchise is both time and energy-consuming. Done properly, the process may take 6-9 months and involve the expenditure of several thousand dollars. The difference between a hasty, gut-feel investigation and an exhaustic, well-thought out investigation may mean the difference between finding a poorly-conceived, or even fraudulent franchise, and an exceptional one.
At the first stage in our Franchising University, you will acquaint yourself with the Research phase of buying a franchise, learning basic franchising concepts and exploring options. Stage 1 comprises of the following tutorials:
Franchise Lingo: Let’s Start with the Basics
Franchise Lingo: Beyond the Basics
Franchise Lingo: Laws & Regulations
Franchise Lingo: Legal Documents
Is Franchising For You?
Industry Breakdown
Financial Analysis
At the next stage, you will be introduced to the observations you should make and the necessary requirements your potential franchise should possess. Stage 2 comprises of the following tutorials:
Financial Planning
UFOC Analysis
Franchisor Analysis
New vs. Existing Franchises
At Stage 3, you are familiarizing yourself with the final steps toward franchise ownership to ensure a fair deal. Stage 3 comprises of the following tutorial:
Agreement Negotiation
Upon graduation, the Franchising University will provide you with some lasting words of advice. Stage 4 comprises of the following tutorials:
The 4 R’s of Success
Graduation Speech
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