The 2023 Complete Extensive Course On Buying a Franchise

2023 Expert advice and knowledge to help you decide if franchising is for you and how to select the best franchise

4.30 (13 reviews)
Udemy
platform
English
language
Entrepreneurship
category
1,585
students
4 hours
content
Oct 2022
last update
$49.99
regular price

What you will learn

Learn From A Top Rated Instructor Who Has Been Teaching On Udemy Since 2013 and Taught Over 100,000 Students!

Franchise Basics

Choosing The Right Franchise

Pros and Cons

Managing Daily Operations

Business Expansion

Location Vetting

Costs Associated

Growth Strategy

Employee Management

Financial Reporting

Budgeting

And Much More!

Description

Are You An Entrepreneur Who Wants To Buy An Existing Business?

Are You A Current Franchise Owner Looking to Expand?

Do You Not Fully Understand the Pros and Cons of Buying Into a Franchise?

Do You Want To Learn How To Buy a Ready Made Business?

Are You Thinking About Buying a Franchise But Not Sure If It's For You?

If You Answered "Yes" To Any Of The Above, Look No Further.  This Is The Course For You!

*** Updated with new content! ***

Enroll today and join the 100,000+ successful students I have taught as a Top Rated Udemy instructor!

Three reasons to TAKE THIS COURSE right now:

  1. You get lifetime access to lectures, including all new lectures, assignments, quizzes and downloads

  2. You can ask me questions and see me respond to every single one of them thoroughly! 

  3. You will are being taught by a professional with a proven track record of success!

  4. Bonus reason: Udemy has a 30 day 100% money back guarantee if for some reason you don't enjoy the course!

Recent Review:

Andrew N. says "I never knew there were so many considerations when it comes to buying a franchise.  After learning everything in this course I feel far more ready to really look and evaluate some franchise options.  A very frank and honest course about all the pros and cons of franchising, appreciate the instructors knowledge and insight."


Why You Should Take This Course With Me:

Have you ever thought about what it would be like to own your own business?  One that already has a built in formula for success?  Welcome to the world of franchising! Franchises offer a great opportunity for someone with the entrepreneurial spirit and capital available to start a business that already has effective branding, marketing and a product or service that's recognized.  Often stores you probably frequent yourself are part of a franchise.  

What We Do In The Course:  

  • Learn how franchises work at a high level

  • Learn what are the opportunities available (its more than just restaurants!)

  • Learn if you are a suitable franchise owner

  • Obtain the skill set to determine what business is right for you

  • Raising capital - when you don't have the money yourself

  • Legal and finalizing the deal

  • Training yourself and your staff

  • Site location - how to select

  • Merchandising and supplies - how it all works

  • Working with the franchise parent and other franchisee's

  • How to attract and keep customers

  • Hiring, firing, training and other staff related concepts

  • Growth - acquiring additional franchises

  • Selling your franchise

  • And much more! We cover a lot of information in this course!

At any point if you have a question, please feel free to ask through the course forum, I'd be happy to answer any and all questions.  


***CLICK "BUY NOW" AND LEARN ALL ABOUT BUYING A FRANCHISE BUSINESS! ***


About The Instructor

Chris Benjamin, MBA & CFO is a seasoned professional with over 25 years experience in accounting, finance, financial reporting, small business and CRM systems.  Having spent the first 10 years of my career in corporate settings with both large and small companies, I learned a lot about the accounting process, managing accounting departments, financial reporting, external reporting to board of directors and the Securities and Exchange Commission, and working with external auditors.  

The following 10+ years I decided to go into CFO Consulting, working with growing companies and bringing CFO level experience to companies.  I help implement proper best business practices in accounting and finance, consult on implementation of accounting systems, implementing accounting procedures, while also still fulfilling the CFO roll for many of my clients which includes financial reporting, auditing, working with investors, financial analysis and much more.  

Thank you for signing up for this course on Udemy. I look forward to being your instructor for this course and many more!

Chris Benjamin, Instructor, CFO & MBA

Content

Introduction

Course Introduction
Instructor Introduction
Udemy Course Review System
Excel Basics - Formatting, Reports and Charts

Understanding How Franchising Works

What Is A Franchise
Two Types of Franchises
The Roles and Goals of Franchisors and Franchisees
The Franchising Agreement
Are Franchises Always Profitable

Exploring Franchise Opportunities

What Are The Options
All About The Brand
Types of Franchise Arrangements Available
Diversity in Franchising

Is Franchising For You

Advantages and Disadvantages of Franchise Ownership
Does Entrepreneur Equal Franchise
Are You Willing To Learn New Skills
Rather Give or Take Orders
Goodbye to Corporate Perks
Being a People Person
How Much Can You Invest
How Do Your Family and Friends Feel

Deciding What Business Is For You

Evaluating Franchise Options
Avoiding Franchise Brokers
Finding Good Information
Established or New Franchise Location

Raising Capital For Your Venture

Examining Your FInances
Finding Out The Total Costs
What Does It Take To Raise Capital

Legal Issues

The Uniform Franchise Offering Circular
Understanding the UFOC
Evaluating a Franchise Agreement
Negotiating With a Franchisor

Training and Other Services

Finding Out About The Training Program
Get Good Training Before Opening
Evaluating Other Services

Establishing a Location

High Visibility Locations
What Constitutes a Good Site
Considering Specific Site Options

Merchandise and Supplies

Following the Merchandise Rules
Buying Goods Through Cooperatives
Finding Your Own Suppliers and Goods
Receiving Merchandise
Maintaining Inventory

Working With Your Franchisor and Other Franchisees

Playing By The Rules
Building a Relationship With Your Franchisor
Dealing With Change
Reaching Out To Your Fellow Franchisees

Attracting and Keeping Customers

Promotions, Marketing and Advertising
Customer Service

Hiring, Firing, Training and Staffing

Best Interview and Hiring Techniques
Effective Leadership
Good Work Environments

Acquiring Other Franchises

Checking Your Franchise Agreement
Understanding Your Purchase Options
Review Your Personal and Business Resources

Acquiring Other Brands

Gearing Up
Mixing Industries and Brands
Co-Branding

The End Has Come

Renewing the Franchise
Exiting Gracefully
Learning From The Experience

From Small Business to Franchisor

Feasibility
Getting Help In Developing Your Franchise Program

Final Considerations

Keys to Success in Franchising
Questions To Ask Yourself Before Buying a Franchise

Course Conclusion

Course Conclusion
2020 Update - What's New In The Business For 2020
Recommended Next Steps
Bonus Lecture: Discounts For ALL My Other Courses

Screenshots

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Reviews

Hassan
December 12, 2023
Sir covered all topics that are important in running a franchise. I would suggest adding some presentations, statistics, and screen-shared lectures.

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1714742
udemy ID
5/25/2018
course created date
11/20/2019
course indexed date
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