Franchising and You

Never heard of a “rollover as business startup” transaction? It carries risks, but also important advantages for those seeking second acts in their careers.

This week on Franchising & You, Shirley Kefgen, Senior Funding Consultant at FranFund discusses how to fund your franchise debt-free and why using your retirement savings may be a better option than you think.

Franchising & You airs LIVE every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand.

Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.

Buying an established business means immediate cash flow. The business will have a financial history, which gives you an idea of what to expect and can make it easier to secure loans. You will acquire existing customers, contacts, goodwill, suppliers, staff, equipment and stock.

This week on Franchising & You, Vetpreneur and Business Broker & Consultant, Curt Maier discusses acquiring an existing business and comparing the same to investing in a franchise or even starting a business from the ground up. 

Franchising & You airs LIVE every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand.

Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.

The secret to owning the right franchise is no secret if you understand what it takes to succeed. The single most important factor is preparation. Knowing what to look for is what sets apart successful franchise owners who found the right franchise from those who did not.

This week on Franchising & You, author, serial entrepreneur and long-time franchise professional Nick Neonakis discusses the tools you need to understand which franchise is right for you as you seek to cross the river to independence and prosperity. Referring to his best seller book, The Franchise MBA, Nick shares how to master four critical steps necessary to find the ideal franchise that fits your life.

Franchising & You airs LIVE every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand.

Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.

A business partnership is a specific kind of legal relationship formed by the agreement between two or more individuals to carry on a business as co-owners. A partnership is a business with multiple owners, each of whom has invested in the business. 

This week on Franchising & You, Tom Spadea, Franchise Attorney and Partner at Spadea Lignana discusses benefits and disadvantages of business partnerships. Spadea shares how to structure partnerships to help ensure a positive experience and what to do should the relationship begin to unravel.

Franchising & You airs LIVE every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand.

Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.

One of the most difficult management challenges facing franchisors is defining franchise territories in a way that minimizes cannibalization, but doesn’t leave the market underserved. Franchisors who do this well set their franchisees up for success.

This week on Franchising & You, Sherry Sanchez, Principal at Retail Solutions discusses the most effective way to explore a market for franchisees exploring a market or for franchisors considering and/or entering a new market.

Franchising & You airs LIVE every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand.

Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.

The move from employee to entrepreneur can be stressful and trying on one’s entire family, and giving close consideration to the emotional impact a particular franchise ownership will have, choosing the right franchise is essential to starting off on the right foot.

This week on Franchising & You, Rebecca Monet, President and Chief Scientist of Zoracle Profiles discusses the introduction of technology into the process of exploring franchise opportunities - essentially to scientifically determine which franchise is a good fit for an individual trying to narrow down the field and ultimately enabling selection of the right franchise for them.

Franchising & You airs LIVE every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand.

Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.

Candidates are often overwhelmed when they start the process of securing a business loan because they aren’t prepared to provide the information required by lenders. Becoming more knowledgeable about the lending process eliminates surprises and expands options for loans. 

This week on Franchising & You, David Murray, Senior Lending Consultant for FranFund shares what to expect during a lending consultation and the preparation necessary for that discussion, including the four loan qualifiers lenders look for in their evaluation.

Franchising & You airs LIVE every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand.

Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.

Franchisors are pretty upfront about what it's going to cost to get you into their systems. But franchisors are bashful when it comes to talking about how much moolah franchisees can actually earn running their businesses. Instead, franchisors direct candidates to their Franchise Disclosure Document (FDD), the detailed prospectus they are required by law to give to interested parties.

This week on Franchising & You, Franchise Attorney, Tom Spadea discusses the infamous Item 19 Financial Performance Representation found in Franchise Disclosure Documents - What it is? What it represents? Is it accurate? Franchisor doesn't have one, now what?

Franchising & You airs LIVE every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand.

Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.

Many individuals really don't understand franchising and what it has to offer to those in Mainstream USA. There are concerns about considering franchising as the next career step or for the purpose of diversifying personal income. This segment of Franchising & You will help to answer questions, educate and dispel myths about franchising. Joining host, Paul Segreto on ths premiere segment of Franchising & You is franchise industry veteran, Stan Friedman.

Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.

Sometimes called “business coaches,” “advisors,” “referral sources” or “franchise consultants,” franchise brokers can be an invaluable asset when hacking through the franchise jungle. - The Benefits of Using a Franchise Broker, FranchiseGator.com December 2016

This week on Franchising & You, Dave Sullivan, President of Priority Franchising and Member of the Franchise Brokers Association discusses how to effectively use a franchise broker when beginning a search for the right-fit franchise opportunity. Dave provides insight from his years' of experience as a franchise broker as to what a candidate may expect in exploring business ownership with a franchise broker.

Franchising & You airs LIVE every Saturday at 9:30 AM ET / 8:30 AM CT with each segment available on-demand.

Franchising & You is powered by Franchise Foundry and sponsored by FranFund, Spadea Lignana and Retail Solutions.