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How To Buy A Franchise: The Franchise Buying Process

Let's face it, you most likely clicked on this video because you are interested in a career change, getting out of the corporate rat race, or are just interested in what it would take to own your own business.

Well, you've come to the right place!

Before I continue, I want you to know that I'm not a broker and have nothing to sell you.

I've been in franchising for over 20 years, owned and exited multiple brands, been a franchisee, franchisor, and consultant, all while helping over 1000 people find the right franchise for them.

In this episode, I share my top tips and tricks for buying a franchise---the dos and don'ts.

This video will take you on a deep dive into the questions you should ask, red flags to look for, and pitfalls to avoid during the franchise buying process.

Buckle up! If you're on the road to purchasing a franchise, you'll want to have this episode saved as a guide!

Speaking of guides...You may be interested in my FREE Franchise Secrets Facebook Group.  It's the largest and most helpful group in franchising. With over 2k members and growing daily, the conversations are super valuable with input from franchisors, franchisees, franchise consultants, franchise attorneys, vendors, and much more!

Join for FREE here: FranchiseSecretsGroup.com ⬅️

*FREE RESOURCES* mentioned in this episode:

I did a 90 minute franchise development deep-dive training for franchisors. Watch this webinar for free by filling out this short form:

https://form.jotform.com/213620509558154

Check out the 100+ Validation Questions To Ask Franchisees here:

https://franchisesecrets.com/validationquestions/

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Growth is much easier when you're surrounded by like-minded, driven people. The Franchise Tribe Mastermind is full of successful Franchisees who are looking to shortcut the path to success and add value to other people while developing a tight-knit community along the way.

Sound like a good fit for you? Check out FranchiseTribe.com for more info!

Did you know you can listen to the Franchise Secrets Podcast on your favorite platforms?

Spotify: https://open.spotify.com/show/4BpskQSFxnii9nm4p6ZFMy?si=dc5599b742044aae

Apple Podcasts: https://podcasts.apple.com/us/podcast/franchise-secrets-podcast/id1460276956

Erik Van Horn is a franchising specialist, and expert in multi-unit, semi-absentee franchise business ownership. From entrepreneur to regional developer, and investor to consultant, Erik has worn many hats over the last two decades, which has provided him unique insight into complex aspects of the industry. If you're a franchisee, a franchisor, or one aspiring to be, subscribe to the Franchise Secrets channel and visit www.FranchiseSecrets.com for even more tactical and practical tools to help you buy, grow, and sell franchises like an expert.

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