The Ultimate Guide to Responsible Franchising Identifying and Investigating the Right Franchise to Maximize Your Rewards and Minimize Risk
"In The Ultimate Guide to Franchising, straight-shooting author Joe Mathews delivers a practical and hands-on "how-to" guide for aspiring franchisees seeking to start their own businesses. In the book, you'll explore real-life stories from the franchising trenches that illustrate...
Autor principal: | |
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Formato: | Libro electrónico |
Idioma: | Inglés |
Publicado: |
Newark :
John Wiley & Sons, Incorporated
2024.
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Edición: | 1st ed |
Materias: | |
Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009853627606719 |
Tabla de Contenidos:
- Cover
- Title Page
- Copyright Page
- Contents
- Preface
- Introduction
- Three Truths About Franchising
- Kissing a Lot of Frogs Before You Find Your Prince
- How This Book Is Structured
- Part 1 What You Need to Know Before You Look at Franchises
- Chapter 1 Introduction to Franchising
- Definition of Terms
- Franchising Is a Business unto Itself
- Why Do Companies Franchise?
- How Franchisors Make Money
- Finding a Responsible Franchisor Who Gets It
- Chapter 2 Special Advice for the First-Time Entrepreneur
- The Path of the 99%
- The Way of the 1%
- The Bottom Line
- Chapter 3 Setting Your North Star
- Goal-Setting and Benchmarks
- Identifying Your Skills and Aptitudes
- Summary
- Chapter 4 Matching Your Skills and Aptitudes to Opportunities
- Understanding the Franchisor's Motives
- The KASH Model of Success
- Chapter 5 The Learning Curve and Lifecycle of a Franchisee
- Moving Through the Stages
- Three Modes of Franchisor KASH Distribution
- Stages of the Franchisee Learning Curve and Lifecycle Explained
- Summary
- Chapter 6 What Insiders Want You to Know About Franchising Before You Invest
- Franchising 1.0
- Franchising 2.0 (Current Era)
- Franchising 3.0: The Era of Responsible Franchising (Evolving Now)
- Success Begins and Ends with Corporate Culture
- Chapter 7 Assessing the Skills and Viability of a Franchisor
- The Common Consumer Value Propositions of a Franchise Brand
- Summary
- Chapter 8 The Franchisor Landscape in the United States
- Dynamics Affecting the US Franchise Market
- Strong Franchise Brands Will Become Stronger
- Why Candidates Should Consider Avoiding Smaller Brands
- Opportunities and Risk Factors
- Chapter 9 Understanding Where Franchisors Are in Their Lifecycle and Learning Curve
- The FPG Franchise Brand Growth Curve
- Key Inflection Points.
- Considering Risk and Reward by Lifecycle Stage
- Summary
- Part 2 How Do You Find the Right Franchise?
- Chapter 10 Identifying Potential Franchise Options
- The Brands You Know and Love
- You Know Someone Who Succeeded in a Particular Brand or Business
- Franchise Portals
- Brands in the News
- Franchise Brokers
- Franchise Opportunity Shows and Events
- The Last Word on Franchise Opportunity Sources
- Self-Directed Research
- Chapter 11 The Franchise Buyer Journey
- Step 1: The Initial Interview
- Step 2: Qualification
- Step 3: Reviewing the FDD
- Step 4: Due Diligence (Franchisee Validation, Financial Modeling, Applying for Financing)
- Step 5: Discovery Day (Face-to-Face or Virtual)
- Step 6: The Yes/No Decision
- Chapter 12 Your Final Decision Checklist
- Questions About the Brand
- Questions About Fit
- Questions About the Franchise Opportunity
- Questions About the Franchisor
- Questions About the Industry
- What Can I Count on Myself For?
- Conclusion
- Acknowledgments
- About the Author
- Index
- EULA.