If you’re thinking of buying a franchise<\/strong> as a way to secure your future, you’re not alone. The US job market is still pretty tough.<\/strong> Competition for high-paying jobs<\/strong> is quite intense. <\/p>\n It’s it any wonder that downsized executives and middle management personnel are looking at some career alternatives? Could becoming a franchise owner be a good one?<\/p>\n About a 1\/3 of the folks that contact me for a franchise search help ask me if I know of any existing<\/em> franchise opportunities that may be available. Buying someone else’s franchise can be a great way to get into franchising, for sure…\n<\/p>\n <\/p>\n There’s certainly some positive aspects to buying a used franchise. Like;<\/p>\n Of course buying a franchise, whether a start-up, or in this case, an existing franchise business, has many other advantages<\/a><\/strong>. <\/p>\n<\/p>\n Almost everybody looking to buy an existing franchise thinks that it will really lower their risk if they buy a business that already has money coming in. Sometimes, it can.<\/p>\n Anne Barr<\/strong>, A fellow franchise professional , (who also<\/strong> left the same national franchise brokerage franchise that I was <\/strong>a member of<\/em>) does quite a bit of work in franchise resales, and wrote this short post<\/a><\/strong> about purchasing an existing franchise business. Contact her if you’re in the Dallas-Fort Worth<\/strong> area. She really knows her stuff. <\/p>\n There’s certain steps that you’ll have to take in order to purchase any existing business of any type, and some of them even involve a favorite and fun topic of all of ours; The Law<\/span><\/strong>.<\/p>\n\n
\n
\n
Lowering your risk<\/span><\/p>\n<\/p>\n
<\/span><\/strong><\/p>\n
Business.Gov <\/span><\/strong><\/p>\n
The folks over at Business.Gov lay these steps out nicely;<\/strong><\/p>\n\n