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Buy 'Hot' Franchises without Getting Burned: A How to Franchise Guide: Helping You Make the Best Decision When You Buy a Franchise
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This audiobook is a user friendly guide to assist you in making the best decision when you buy a franchise. Making the best decision is to make sure you have the right information. This franchise guide is an excellent resource to make sure that you will buy a franchise and will know what are the right questions to be asked.
You want to learn everything you can when you buy a franchise! As a prospective franchisee, your intention is to acquire a specific franchise opportunity. You're not buying franchising in general - you're investing in a specific name or brand. You want to learn everything you can about the specific company you intend to buy, including: How many of the company's franchisees succeed; are satisfied with the franchisor; earn at least $150,000 a year?
A logical system about investing in a franchise opportunity.
The book includes a series of checkpoints that anyone can use to explore and evaluate franchise opportunities. If you enjoy following a plan that will help you gather information so that you can make an educated decision, then you will love this book. This franchise guide presents a logical system that's designed to help people make important decisions about investing in a franchise opportunity. Each of the checkpoints introduces an important idea, concept, or suggestion about franchising. Collectively, these are the points you need to consider before investing in a franchise.
Buy "Hot" Franchises without Getting Burned will help you:
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Audible Audiobook
Listening Length: 2 hours and 49 minutes
Program Type: Audiobook
Version: Unabridged
Publisher: Dr. John P. Hayes
Audible.com Release Date: August 25, 2014
Whispersync for Voice: Ready
Language: English, English
ASIN: B00N1C1HRE
Amazon Best Sellers Rank:
Easy to read and simple to understand. This is not a sales book, but an educational one requiring the answers to age old business questions for compatibility, soul searching questions, whys and what to do when considering buying a hot franchise.Knowing that franchises account for One Trillion dollars in retail sales, you just might want to jump in before knowing all the facts. This book will stop you in your tracks and get you on the right one so you don't set yourself up for failure by asking and answering pointed questions to make wise decisions. It will assist you in making the ultimate decision if being a franchisee is for you.Hayes does a wonderful job of explaining franchising as opposed to other forms of distribution and service and making you take a good look at yourself and what you can and cannot tolerate. He stresses heavily that you are not buying yourself a job!Never does this man talk down to the reader. He actually makes you feel good about asking yourself the questions that help you make a life long business decision. Kudos to him for being a great teacher.
Don't consider any franchise until you have worked through the checklist in this book! John Hayes explains clearly what you must know to make a good decision about investing in a franchise. You will quickly see the true advantages and dangers of a franchise. You will find exactly where to get the expert help you will need on critical franchise legal matters and accounting. "Unlike formal education, life gives the exams first, and the lessons follow." One of life's most expensive lessons is learning to ask the right questions about any decision: you will find the questions you need to ask about a franchise - any franchise - in this book. This easy-to-read book will save you a lot of time, frustration, and money: FIVE STARS for me.Adam Savage, Executive DirectorEntrepreneurs Success Center
This book Buy "Hot" Franchises Without Getting Burned is really a hand book on the foundations of understanding and buying franchises. This book is packed with "must have" information from, why to buy a franchise, to why not to buy a franchise. After reading this you will not only know how to pick a franchise that will suite you but you will know what to expect and what to look out for.There are also many great referrals in the book to use so that you can find even more information. I have been working with franchises for over 25 years and The truth is Dr. Hayes knows franchising better then anyone I know. He goes in depth but at the same time makes concepts easy to understand. This book could,or should I say,should be used as a classroom book on how to buy a "Hot" franchise.The fact that Dr. Hayes points out from the start, owning a franchise is not for everyone. By the time you finish the book you will know if it is right for you and if it is, you will fully understand what to do next to make buying a "Hot" franchise work for you. I highly recommend this book for anyone wanting to buy a franchise or just looking into the choices of buying a franchise.Steve WhitesideFranchise Leadership Center
As an accountant, I recommend this book to anyone looking to buy a franchise or anyone who may be starting a business as the advice provided in this book is invaluable to a business owner.This author has over thirty five years of experience in the franchise industry and over 25 years counseling franchisors and in this book, he shares a plethora of valuable insight and advice. Dr. Hayes offers his experience and advice in an easy and straightforward manner that any would be franchisee can follow. The book encourages you to seriously look at yourself and what motivates you in order to help you find the right “fitâ€. This book also contains a checklist, designed to thoroughly prepare you before laying down any money. In addition, this book also contains a list of additional resources from which to further educate yourself.I give this book five stars because this is a one of a kind inclusive reference handbook that you should not be without.
This is a great book if you're interested in buying a franchise. Unlike many books that assume you are already planning on buying a franchise, Dr. John shows you the dangers, along with the successes, when buying a franchise. With each piece of advice he gives, he'll test your resolve on becoming a franchisee: can I live without a stable income for months? Do I have the right personality for the job? Can I afford the basic necessities to start a franchise business in the first place? Dr. John shows that he cares for your well being, and doesn't hide the risks that come with franchising. However, if you are determined to work as a franchisee, he will give you the tools and advice you'll need to start your own franchise business. If you want to learn how to become a franchise owner, or curious about the possibility, I suggest this book. Dr. John states that even if you decide not to become a franchise owner, he still feels like he did his job to protect you.
I always thought buying a house would be the biggest investment in life, but buying a franchise is even bigger -- and scarier! There are so many points to consider before buying a franchise. No one wants to buy a bad franchise or a franchise that's going to fail. I like the idea of owning a "hot" franchise, but I surely don't want to get burned. But a major obstacle is knowing how to evaluate franchises so that I know which one to buy. I like this book by John Hayes because it is a checklist of the things I have to do to help me find a good franchise. It's like following a recipe. I appreciate that he didn't hide the fact that franchising is risky and it might not be for me. His book gives me confidence.
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