Looking For a Franchise For Sale?
- By Matthew Franchise Anderson
- Published 05/31/2009
- Advice
- Unrated
Matthew Franchise Anderson
Matthew Anderson is a franchise consultant and founder of The Franchise Shop, a UK business franchise directory featuring franchise for sale across the UK
View all articles by Matthew Franchise Anderson
The days of going to your local newsagents and purchasing a magazine to get your information from are long gone. With the Internet in almost every house up and down the country access to information has never been easier which is why we recommend it as your One Stop shop when researching a franchise for sale. With dozens of high quality franchise portals, all boasting several hundred unique franchises for sale on each you are sure to find an opportunity perfect for you.
To locate these portals your first step is to simply type "franchise for sale" into Google and you will be given a list of all the most popular franchise directories and portals, all differing in what information they have to offer. Some are straight up and down franchise directories with categorised lists of franchises for sale and some double up as both franchise directories and franchise information resource portals. These are usually the best for your research as they offer you great advice and tips abut how to go about looking for a franchise right for you.
Your next step is a fun one, there are literally thousands of different franchises for sale and each franchise directory or portal usually has a minimum of 150 and up to 700 franchises listed. In almost all cases these will be categorised and navigable from the home page and you can start looking at each category which is of interest to see the franchises for sale within them. Usually you will find full page listings giving a semi complete overview of the franchise in question with enquiry forms beneath them to order a franchise pack to be delivered straight to your door. these packs are great as they contain a more complete overview of the franchise in question. Normally they are glossy packs, some contain dvd's for you to watch and all full of juicy franchise information. do remember though, the franchisor is trying to sell his franchise to you and the franchise pack is their first major selling point. It will be full of promotional materials telling you how much you can expect to earn and how great and easy their franchise is to run. do take a lot of this with a pinch of salt as it is impossible for them to make such promises as every business start up is unique in its own way.
with your packs in had you have probably seen a franchise for sale that takes you interest, possibly several, and this is where the Internet comes in handy again. do some research on the franchise company and type their name into Google, dredge up what you can about them and ensure the Internet is not littered with bad reviews. bad reviews from ex-franchisees in not a good sign at all! Having done your homework you can now contact the franchisor and request a meeting. here you want to ask them as many questions as you can to gain a good idea about their franchise for sale and how it is going to work for you. do remember though that you are not there for a job interview, it is in fact you interviewing the franchisor and not the other way around. However, of course, they will not just sell their franchise to everyone and they have to also be sure you are capable of running the franchise otherwise they are left with a dead franchise which they have to pick up the mess from
To locate these portals your first step is to simply type "franchise for sale" into Google and you will be given a list of all the most popular franchise directories and portals, all differing in what information they have to offer. Some are straight up and down franchise directories with categorised lists of franchises for sale and some double up as both franchise directories and franchise information resource portals. These are usually the best for your research as they offer you great advice and tips abut how to go about looking for a franchise right for you.
Your next step is a fun one, there are literally thousands of different franchises for sale and each franchise directory or portal usually has a minimum of 150 and up to 700 franchises listed. In almost all cases these will be categorised and navigable from the home page and you can start looking at each category which is of interest to see the franchises for sale within them. Usually you will find full page listings giving a semi complete overview of the franchise in question with enquiry forms beneath them to order a franchise pack to be delivered straight to your door. these packs are great as they contain a more complete overview of the franchise in question. Normally they are glossy packs, some contain dvd's for you to watch and all full of juicy franchise information. do remember though, the franchisor is trying to sell his franchise to you and the franchise pack is their first major selling point. It will be full of promotional materials telling you how much you can expect to earn and how great and easy their franchise is to run. do take a lot of this with a pinch of salt as it is impossible for them to make such promises as every business start up is unique in its own way.
with your packs in had you have probably seen a franchise for sale that takes you interest, possibly several, and this is where the Internet comes in handy again. do some research on the franchise company and type their name into Google, dredge up what you can about them and ensure the Internet is not littered with bad reviews. bad reviews from ex-franchisees in not a good sign at all! Having done your homework you can now contact the franchisor and request a meeting. here you want to ask them as many questions as you can to gain a good idea about their franchise for sale and how it is going to work for you. do remember though that you are not there for a job interview, it is in fact you interviewing the franchisor and not the other way around. However, of course, they will not just sell their franchise to everyone and they have to also be sure you are capable of running the franchise otherwise they are left with a dead franchise which they have to pick up the mess from