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Guide to Buying a Franchise with a Consultant's Help
Guide to Buying a Franchise with a Consultant's Help
Looking to buy a franchise but unsure where to start? In this video, we guide you step-by-step through the franchise buying process with the help of a professional franchise consultant. Learn how to build a business thesis, assess your fundability, review different business models, and navigate the discovery process to find the perfect franchise fit. Whether you're seeking a hands-on role, a semi-absentee opportunity, or even passive business ownership, this guide will help you make informed decisions. Plus, we provide tips on financing through SBA loans, preparing your projections, and the importance of consulting a franchise attorney.
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📌 Timestamps:
00:00 Introduction to Franchise Research Process
00:38 Initial Call and Business Assessment
01:49 Understanding Fundability & Investment Range
02:53 Funding Strategies & SBA Loans
03:28 Researching Business Models
03:59 Narrowing Down Your Top 3 Franchise Choices
05:06 Introduction to Franchise Business Reps
06:14 Validation Calls with Franchise Owners
07:22 Overview of Franchise Disclosure Document (FDD)
08:31 Leadership Calls & Franchise Validation Process
09:06 Discovery Day Overview
10:46 SBA Financing & Loan Processes
12:23 Creating Financial Projections
13:38 Importance of Franchise Consultant Guidance
14:51 Take the Business Ownership Quiz
16:36 Why Owning a Business Builds Legacy and Wealth
💥 Thanks for watching 💥
#FranchiseConsultant #FranchiseBuyingGuide #SBAFinancing #BusinessOwnership #StartABusiness #FranchiseResearch #FranchiseProcess #Entrepreneurship #SmallBusiness #businesslegacy
About Beau: Beau Eckstein is a franchise consultant, commercial mortgage advisor, and business ownership coach who helps entrepreneurs buy, build, and expand their businesses. He assists aspiring entrepreneurs in finding their ideal franchise or business opportunity. Beau's expertise as an investor and business owner allows him to guide clients through the entire process of acquiring, funding, and growing their ventures.
🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance all your projects.
About the Channel: Want to structure your investments in the right and secure way?
Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.
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