Showing posts with label franchises. Show all posts
Showing posts with label franchises. Show all posts

Sunday, February 5, 2012

How do I sell My Restaurant Franchise?





Summary:
The absolute first thing that you must do is to contact your franchisor. Do not be embarrassed! Franchisors expect that a certain percentage of their franchisees will someday want to sell their franchise. It is normal. There are many reasons for a franchisee to want to sell a franchise. Your reason for wanting to sell is probably a legitimate reason, something that the franchisor has probably heard many times before.



Finding Qualified Buyers for your Business



Summary:
You’ve worked hard to grow your business into a successful venture.  Now you want to sell it and reap the benefits of all those years of hard work.  There are many questions involved with selling a business, but the most important is: How do you find qualified buyers?

Due Diligence – I don’t need it (ya right)





Summary:
You have been searching for various businesses for sale and now you have found that perfect business to buy. The business is represented by a reputable broker. You are comfortable with the terms, and now you wish to enter into contract and proceed with the due diligence phase. Everything you have been told by the seller and broker sounds good and feels right. So what’s next? How deep do you need to dig?


Don’t start it, buy it!



Summary:
Why should you buy a business versus starting
your own? Here are ten solid reasons: