Buying a Franchise

smiling woman just made a decision
Question: I am thinking about leaving my job and starting my own business. I have read about all of the advantages of buying a franchise but I don’t know if franchising is right for me. Is everyone cut out to...
Posted by msablog
Posted on: January 13th 2018
TOP 10
Expert Michael Seid's top ten reasons for becoming a franchisee, with pros and cons, are essential reading for anyone considering investing in a franchise opportunity. By Michael Seid, Managing Director, MSA Worldwide A better title for this article might be...
Posted by msablog
Posted on: January 12th 2018
How much does it cost?
It is essential to make certain that you have adequate capital to not just open your new business, but also to operate your business through break-even. By Michael Seid, Managing Director, MSA Worldwide You need to be prepared to make...
Posted by msablog
Posted on: January 11th 2018
Franchise trade shows provide the opportunity to investigate many franchises at various investment levels. To avoid becoming overwhelmed, use these five tips to get the most from your visit. By Kay Ainsley, Managing Director, MSA Worldwide If you’re thinking of...
Posted by msablog
Posted on: January 10th 2018
Franchise brokers are paid their commission only when you buy a franchise from one of their clients. The simple answer is that franchise brokers are hired by franchise companies to sell you a franchise. If you are looking at franchise...
Posted by msablog
Posted on: January 9th 2018
"Red flags" or indications that further investigation may be prudent before you commit to a franchise investment. The decision to invest in a franchise is a life-changing event. It is incumbent upon every prospective franchisee to thoroughly investigate a franchise...
Posted by msablog
Posted on: January 7th 2018
Your decision to purchase a franchise should be based upon two broad understandings. First, you should have an understanding of the advantages and disadvantages of franchising. Second, you should have an understanding of the franchise you want, and how to...
Posted by msablog
Posted on: January 6th 2018
Developing a financial projection for your future business is an important part of your evaluation of the franchisor. Even if the franchisor chooses not to provide the information you are looking for, with a little work, you can find most...
Posted by msablog
Posted on: January 4th 2018
Buying an existing franchise can be a great opportunity, but remember that you still have to do your homework before you make a commitment. By Michael Seid, Managing Director, MSA Worldwide Established franchisee-owned businesses routinely come on the market and,...
Posted by msablog
Posted on: January 3rd 2018
By Marla Rosner, Senior Training Consultant, MSA Worldwide Training is critical for the success of your franchise. This article covers the essentials to look for when researching which franchise to invest in. The role of training in franchising is critical...
Posted by msablog
Posted on: January 2nd 2018
It's recommended to limit your demands to things that provide you with real benefit but do not impact the ability of the franchisor to obtain consistency. By Michael Seid, Managing Director, MSA Worldwide Franchising is intended to be a method...
Posted by msablog
Posted on: January 1st 2018
Having a standard offering better allows the franchisor to maintain consistency in the franchise system, a very important element of why franchising is so successful. Without a doubt, well established franchisors are reluctant to negotiate changes to their system. The...
Posted by msablog
Posted on: January 1st 2018
Many franchisees enter a system intending to exit within a set period of years, and evaluate franchise systems accordingly before making their investment. By Sean Bock, Vice President of Development, Fun Brands The franchising world does a wonderful job of...
Posted by msablog
Posted on: January 1st 2018
Just because a brand doesn’t have a long, established history doesn’t mean it can’t or won’t develop into a strong and successful brand. By Andrew Seid, Consultant, MSA Worldwide When most people think of a “franchise,” they tend to think...
Posted by msablog
Posted on: January 1st 2018
For many people franchising has provided a direct path to achieving the American Dream. But before you jump on the franchising bandwagon, take a careful look at these five areas. There’s no question that franchising is a formidable force in...
Posted by msablog
Posted on: January 1st 2018
One approach to funding your franchise is through traditional financing. Another is to find a partner, or one or more investors, willing to invest in the deal. By Cheryl L. Mullin, JD, LLM, Mullin Russ Kilejian PC When starting a...
Posted by msablog
Posted on: January 1st 2018
Considering selling your franchise? This article explains some of the important differences between an asset sale vs. a stock sale. By Cheryl L. Mullin, JD, LLM, Mullin Russ Kilejian PC So you’ve operated your franchised business for several years, sales...
Posted by msablog
Posted on: January 1st 2018