Franchise Foundations - Buying A Franchise

An Effective & Practical Course with Resources to Understand and Minimize Risks with Franchise and Business Investments

What you'll learn

The Basics of a Franchise Industry and Structure - is it the money making machine that you think!

Franchisor - Franchisee Relationships and Obligations

Asking the right questions BEFORE buying a new or existing franchise

Doing the research BEFORE investing - how to do effective investigations

Know the risks, obligations, investments and conditions outlined in the franchise agreement

Analyze the franchise model, the benefits and drawback of the investment and research before making a financial or contractual commitment

Contractual, Financial, Legal and Personal obligations and trenches to negotiate

The UFOC and The Franchise Agreement - what you MUST know!

Balancing the decision - should I or shouldn't I?

Overcoming the fear and anxiety of your decision.

The exit strategy - is there one?

Requirements

You don't need any experience for this course. You do, however, need a great deal of common sense reasoning.

You must put your emotions aside and look at any investment from a practical, qualitative and quantitative data perspective.

Description

The course covers a detailed and thorough review of  considerations involving the purchase of any franchise system including the Uniform Form of Circular (UFOC), the Franchise Agreement, Equipment and Building Leases, Return on Investment Analysis and Financial Projection Breakdown, to name a few,  while answering all the important questions for decision-making before investing in a franchise system.By the end of the course, you will have a solid understanding of:-  key franchise conditions, parameters and obligations in a franchise agreement;-  your financial and legal obligations to the franchisor;-  your operational limitations within the scope of the franchise system;- your franchise location's territorial integrity and why it is important to your success;-  negotiating with the franchisor on key legal, financial and operational issues;-  the level of support provided by the franchisor with your franchise;-  franchise fees, renewal fees, royalties, advertising fund fees, training costs as well as other ongoing monthly fees.Throughout this course, we will be using real-life cases and examples of situations and issues that can occur in a franchise environment to illustrate benefits and drawbacks of business investments.At the end of the course, you will find useful resources, checklists and sample franchise agreements, lease documents and other forms to assist you in your decision making process.

Overview

Section 1: Introduction

Lecture 1 Introduction

Lecture 2 Preparing Yourself

Section 2: Franchise Models and Systems

Lecture 3 Franchise Systems - Models, Ownership and Licensing

Section 3: Franchisor and Franchisee Expectations.

Lecture 4 Franchisor and Franchisee Obligations

Lecture 5 Why some Franchisees fail!

Section 4: Uniform Franchise Offering Circular - UFOC

Lecture 6 UFOC / Franchise Disclosure Document - What is it and why it’s important.

Lecture 7 UFOC Content Explanations

Lecture 8 International Franchise Regulations

Section 5: The Franchise Agreement

Lecture 9 Understanding the Franchise Agreement

Lecture 10 Key Franchise Elements - Part 1

Lecture 11 Key Franchise Elements - Part 2

Lecture 12 Personal Guarantees - What do they mean?

Lecture 13 Negotiating with a Franchiser.

Section 6: Resources to help you!

Lecture 14 Thank you for your subscription!

Anyone wanting to learn more about Franchising as an industry,Anyone who is considering investing in a new or existing franchise model.,Anyone who is planning on buying any existing business