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"DO NOT BUY: A franchise until you have read this book!" |
One of the tips and recommendations I share with you in this ebook has to do with me making a call that may have resulted in avoiding risking an initial investment of over $25k despite the fact that I was able to negotiate favorable terms in the contract otherwise.
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Date: May 20,2008
From: Lafate Smith
This is the ebook that BOGUS businesses and franchises don't want you to read!
More and more people are realizating that working a typical 9-5 is not going to get them to their ultimate goal of controlling their own financial destiny, generating residual income or doing something they truly love.
Consequently, every day more Americans are deciding to take the bold move of starting their own business. Some of us will start a business from scratch by coming up with a name for our business, developing a plan and the required systems. However, several new entrepreneurs will attempt to take a shortcut by investing in a company with an established brand name and system. To do the latter, one would most likely invest in a franchise, or a business opportunity via a partnership or by purchasing a license.
No matter what industry you decide to start your business in (restaurant, education, shipping, fitness, etc.) you are going to find several business opportunities to choose from. You might consider getting help from a Franchise Consultant to help you with finding a company that meets your criteria. However, do you know enough about the process and the different attributes of franchising to even develop a list of things you want in a company? Furthermore, although the consultant can and will be happy to refer companies to you, most of them will not assist you with researching and screening those companies.
Leveling the Franchise Playing Field is a repository of knowledge that will help you help yourself through this process.
Researching and analyzing potential business opportunities and negotiating with savvy business owners and high level execs is not something that is taught in college. This is why even intelligent people with MBAs might find themselves holding the short end of the stick after investing in a less than reputable company or a company that has misrepresented itself. Unfortunately, as previously mentioned, most franchise consultants are either unable or unwilling to assist or coach you on how to research, analyze and negotiate with franchises.
This is why I wrote the book. I've been researching and analyzing franchises and business opportunities for over five years. I've negotiated deals with presidents and/or owners of several companies. Needless to say, I've learned a lot over those years. I'm also happy to say that I do not have any bad experiences to share with you, although I have had a couple of close calls.
Anyway, I've put everything I know and learned about the process in Leveling the Franchise Playing Field.
In this ebook, you will learn the following:
- Step-by-step process - Learn how to pursue companies in a way that creates leverage for you at the negotiating table and in a way that expedites your search.
- Learn how to detect deceptive companies. - This will help you identify and weed out potential bad companies quicker thereby saving you time.
- Learn about recent scams - Learning about previous scams will help you identify current ones.
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- What type of owner are you? - There are essentially three types of owners. Once you know which one suits you, you can narrow down your list of prospective franchises accordingly.
- Financing and Funding - Understand when you should obtain financing and the different sources available to you.
- WHAT THE UFOC! - The Uniform Franchise Offering Circular has 23 Items in it. Learn what they are.
- Negotiating Tips - This chapter alone can save you hundreds to thousands of dollars with the tips I provide. Needless to say, it can save you much more by opening your eyes to a bad deal and preventing you from losing your life savings.
- Emancipation Education - "What's the Fuss" is a must read chapter explaining why it is so important that you get this information and use it. In a nutshell, some agreements and franchise/business arrangements are very similar to indenture servitude, in which case you are better off sticking with your J.O.B. At least you can quit your J.O.B.!
- Expedite your search for the right opportunity with the streamlined process prvided in this ebook.
- Increase your leverage at the negotiating table by adhering to this process.
- Learn telltale signs for identifying a deceptive company.
- Learn what Franchise Consultants will and will not do for you.
- Learn what a UFOC is and why they apply to franchises and not to other business opportunities.
Click Here To Order Today No longer will you be at the mercy of the franchise owner or business executive on the other end of the phone line. Business Advisor and Counselor, Inc. (BAACI) is helping to level the franchise playing field by educating entrepreneurs about the potential risks of franchising and what to look out for.
Upon your purchase, you will gain access to one downloandable copy of my ebook in an electronic format to be viewed on your computer.
YES! It actually looks and reads like a REAL BOOK.
One of the main reasons you are considering investing in a franchise is because you want to plug into an established system. Well that's what The Leveling the Franchise Playing Field offers you... a process on how to find the right company for you along with tons of information, so why not buy TODAY?
I've been in your shoes and I know how important it is to watch and manage your money when you are starting a new business. That's why I've decided to offer this book to the first 100 customers for only $24.95!
Free Bonus Gift #1 ($9.99 Value) Five worksheets that will help you 1.) Identify the type of franchise that best suits you, 2.) gather information that can be used with BAACI's Franchise Comparer so that you can easily analyze and compare up to three companies side-by-side, 3.) A list of questions you must ask the franchior's franchisees or members, 4.) A list of questions that you must ask the franchisor and 5.) A process checklist to make sure you've crossed all of the T's and dotted all of the I's.
This ebook is a product of my real life experiences gained over the past five years from researching, analyzing and partaking in discussions and negotiations with companies offering franchises, partnerships and license agreements.
The owners and executives of these companies are usually smart and seasoned sellers and marketers. Unfortunately, not all of them offer a viable business opportunity.
If you are seriously considering starting a business by investing in one of these companies and you don't take the time to properly educate yourself, there is high probability that you will end up buying into a business or situation that is not what it seem.
Best of Success, Lafate Smith
P.S.- You can seriously shorten your learning curve with this ebook and not have to spend hours looking for sources and resources like I did. I would love to see a post from you on my website regarding how the information in this ebook open your eyes to a possible scam or less than favorable business arrangement.
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