9. How to Get Financing for Your Franchising Business

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So you’ve found a good franchise that fits your personal needs but you lack funding, what now? Funding is one of the most important aspects to be a successfully operating business. Remember that the franchise fee is not the only thing to prepare for. You have to make sure you have enough working capital that could keep you going for the next 18 to 24 months. 

In this episode of the A to Z of investing in a franchise podcast, I will discuss the different methods to obtain additional funding.

Things you will learn in this episode:

  • Different sources of additional funding
  • The importance of a strong business plan
  • Considerations for a commercial bank loan
  • The importance of a contract in a crowdfunding agreement

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If you liked this episode, I’d highly appreciate it if you can leave me a short review on Apple podcast.

Check out these links for more franchising resources my team and I prepared for you:

Website: https://thefranchiseconsultantpro.com

Linkedin: https://www.linkedin.com/in/rakeshraksharma28ab36aa

Facebook: https://www.facebook.com/thefranchiseconsultantpro

Twitter: https://twitter.com/RakTFCPro

8. How To Check If Your Business Is Ready For Franchising

Business expansion can be conducted through a multitude of strategies, one of them being franchising. Franchising allows businesses to branch out, grow and provide target customers of different localities an opportunity to experience its unique line-up of products or services. While franchising is a great way to grow a business, it’s not easy to accomplish, especially if it’s not ready. 

In this episode of the A to Z of investing in a franchise podcast, I will discusses how you can assess if your business is ready for franchising.

Things you will learn in thie episode:

  • How to determine if a business is ready for franchising
  • Identifying a scalable business model
  • Questions to ask yourself before franchising your business
  • The importance of adequate funding for a franchise

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If you liked this episode, I’d highly appreciate it if you can leave me a short review on Apple podcast.

Check out these links for more franchising resources my team and I prepared for you:

Website: https://thefranchiseconsultantpro.com

Linkedin: https://www.linkedin.com/in/rakeshraksharma28ab36aa

Facebook: https://www.facebook.com/thefranchiseconsultantpro

Twitter: https://twitter.com/RakTFCPro

7. How To Be A Successful Franchisee

Franchising is excellent if you want to build a successful business and be your boss without having to build it all from scratch. But, it’s not something that one can readily dive into without proper research and knowledge. So what separates successful franchisees from struggling ones? 

In this episode of the A to Z of investing in a franchise, I will discuss how to be a successful franchisee. 

Things you will learn in this episode:

  • Qualities of a good franchisee 
  • The importance of work ethic and motivation 
  • Business skills required to be successful in franchise 
  • The rules of franchising agreement 

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If you liked this episode, I’d highly appreciate it if you can leave me a short review on Apple podcast.

Check out these links for more franchising resources my team and I prepared for you:

Website: https://thefranchiseconsultantpro.com

Linkedin: https://www.linkedin.com/in/rakeshraksharma28ab36aa

Facebook: https://www.facebook.com/thefranchiseconsultantpro

Twitter: https://twitter.com/RakTFCPro

#6 4 Qualities of a Good Franchisor

Starting a small business and buying a franchise is a big decision to make. Finding the best franchisor can get confusing, as there are a lot of available options. The right one will assist you in growing the business and achieving your goals.

In this episode of the A to Z in investing in franchise podcast, Rakesh Sharma talks about the preparations before buying a franchise. 

Things you will learn in this episode:

  • Making the right decisions in franchising
  • What you should look for in a good franchisor
  • Investing in the right franchisor
  • Setting realistic expectations as a franchisee

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If you liked this episode, I’d highly appreciate it if you can leave me a short review on Apple podcast.

Check out these links for more franchising resources my team and I prepared for you:

Website: https://thefranchiseconsultantpro.com

Linkedin: https://www.linkedin.com/in/rakeshraksharma28ab36aa

Facebook: https://www.facebook.com/thefranchiseconsultantpro

Twitter: https://twitter.com/RakTFCPro

#5 5 Things to Know Before Spending Money on a Franchise

Are you ready to buy your own franchise? There are many things to consider before stepping into that world. It’s essential to do your homework and ask the right questions because success is never guaranteed in franchising. 

In this episode of the A to Z in investing in franchise podcast, Rakesh Sharma talks about the preparations before buying a franchise. 

Things you will learn in this episode:

  • The importance of knowing your why before buying a franchise
  • Research the franchisor before buying a franchise 
  • Culture matters in franchising 
  • Legal obligations of a franchisee 
  • Financial obligations of a franchisee 

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If you liked this episode, I’d highly appreciate it if you can leave me a short review on Apple podcast.

Check out these links for more franchising resources my team and I prepared for you:

Website: https://thefranchiseconsultantpro.com

Linkedin: https://www.linkedin.com/in/rakeshraksharma28ab36aa

Facebook: https://www.facebook.com/thefranchiseconsultantpro

Twitter: https://twitter.com/RakTFCPro

#4 The Responsibilities of Franchising

Franchising is not a one-way street. Remember that the franchisor did not sell the franchisee any business. The franchisor is only selling the rights to operate the business under their proven formula. It means franchising is a mutually beneficial agreement where the success of both parties is reliant on one another. Each have a role to play for the success of the franchise. 

In this episode of the A to Z of investing in a franchise, Rak Sharma discusses the responsibilities of franchising.

Things you will learn in this episode:

– Responsibilities of the franchisee    

– Responsibilities of the franchisor        

– Why franchising is a mutually beneficial agreement 

– The key to success in franchising

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If you liked this episode, I’d highly appreciate it if you can leave me a short review on Apple podcast.

Check out these links for more franchising resources my team and I prepared for you:

Website: https://thefranchiseconsultantpro.com

Linkedin: https://www.linkedin.com/in/rakeshraksharma28ab36aa

Facebook: https://www.facebook.com/thefranchiseconsultantpro

Twitter: https://twitter.com/RakTFCPro

#3 Questions to Ask Yourself Before Investing in a Proven Franchise Model

Are you ready to be your own boss? It’s everyone’s dream but not all understands what it takes to be one. Entering into a franchising business is life-changing, and it is imperative to know everything about it, before venturing into one. 

In this episode of the A to Z of investing in a franchise, Rak Sharma shares the most important questions to ask yourself before franchising a business.

Things you will learn in this episode:

– Difficulties of running a franchise

– Questions to ask yourself before entering into a franchise

– The most common mistake people make when entering into a franchise

– Why timing is everything

– Personality is crucial in a business

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If you liked this episode, I’d highly appreciate it if you can leave me a short review on Apple podcast.

Check out these links for more franchising resources my team and I prepared for you:

Website: https://thefranchiseconsultantpro.com

Linkedin: https://www.linkedin.com/in/rakeshraksharma28ab36aa

Facebook: https://www.facebook.com/thefranchiseconsultantpro

Twitter: https://twitter.com/RakTFCPro

#2 Franchising Terminologies

Franchising can be highly complicated, especially for beginners. But having the proper knowledge and understanding of the basic franchising terminologies will help anyone to get started. 

In this episode of the A to Z of investing in a franchise, Rak Sharma discusses the most common terms encountered in the franchising world.  

Things you will learn in this episode:

– The importance of understanding the basic franchising terminologies

– What are the basic franchising terminologies

– Difference between a royalty fee and franchise fee

– Types of fees the franchisee must pay

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If you liked this episode, I’d highly appreciate it if you can leave me a short review on Apple podcast.

Check out these links for more franchising resources my team and I prepared for you:

Website: https://thefranchiseconsultantpro.com

Linkedin: https://www.linkedin.com/in/rakeshraksharma28ab36aa

Facebook: https://www.facebook.com/thefranchiseconsultantpro

Twitter: https://twitter.com/RakTFCPro

#1 The Basics and History of Franchising

Franchising is one of the most lucrative industries in the world. The industry is worth 800 billion annually in the US, with over 800,000 franchise units. The sector employs 8 million people with just under 4,000 different franchisors. 

In this episode of the A to Z of investing in a franchise, learn more about this exciting industry as we talk about the basics and the history of franchising.

Things you will learn:

– What is franchising

– How did franchising started

– The hard truth about franchising

– Success in franchising

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If you liked this episode, I’d highly appreciate it if you can leave me a short review on Apple podcast.

Check out these links for more franchising resources my team and I prepared for you:

Website: https://thefranchiseconsultantpro.com

Linkedin: https://www.linkedin.com/in/rakeshraksharma28ab36aa

Facebook: https://www.facebook.com/thefranchiseconsultantpro

Twitter: https://twitter.com/RakTFCPro

Welcome to the A to Z of Investing In a Franchise!

Successful franchise owner and consultant Rakesh Sharma shares his vast knowledge and tricks of the trade to give you a jump start on your franchising game. 

Building a solid business doesn’t have to be complicated, filled with regret or trial and error. Subscribe and learn everything you need to know before jumping into the franchising business! 

New episode goes live every week! 

Whether you are completely new to the business world or just simply looking for an investment without sacrificing the lifestyle that you truly enjoy, we invite you to subscribe and follow the show.