Finding a Franchise Opportunity – ‘Tis the Season

26 Jan 2010

Rich Sloan

Rich Sloan is chief startupologist and co-founder of StartupNation and host of StartupNation podcasts. He is also co-author of the acclaimed how-to book, StartupNation: America's Leading Entrepreneurial Experts Reveal the Secrets to Building a Blockbuster Business. Rich encourages you to make a comment under his blog posts or send him a personal message at member nickname, "Rich," here at StartupNation.

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As you may know, StartupNation offers a franchise selector service. You basically use the finder tool to identify franchises that fit your interests and financial realities.

At this time of year, interest in finding a franchise is at fever pitch. People seem to come out of the self-reflective New Year and holiday period charged up and on a path to finally get into business. With so many people out of work and not having previous entrepreneurial experience, a good number are seriously considering becoming a franchisee, using a proven formula type of business.

A new article at our site by a true authority on finding a franchise, Richard Simtob of Franchises For Sale, has just been uploaded. If you’re interested in choosing a franchise and want to know the process to getting that franchise from “interesting” to “open for business,” definitely walk through the steps in Simtob’s article.

The steps outlined include:

  1. Find a Franchise Concept that Fits
  2. Submit Request for Consideration/Application
  3. The Franchise Disclosure Document (FDD)
  4. Training and Support Overview
  5. Franchise Disclosure Review
  6. Franchise Due Diligence
  7. Celebration or Discovery Day

They’re all detailed and fleshed out in the article

No excuses, folks! Start It Up!!!!

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