Places To Find Franchises For Sale Online
by FranchiseKing, Guest Blogger
- Created: July 3, 2013, 10:05 am
If you’re convinced that you have enough money to invest in a franchise, are right for the business model of franchising and have done a thorough self-analysis, it’s time for you to find a few franchises to start investigating.
Fire Up Your Computer
Grab your favorite beverage, and put on some comfortable clothes; it’s time to start your search for that perfect** franchise to buy.
(**There’s no such thing as a perfect franchise; just try to find the best one for you.)
The most common way to find a franchise is to go online and just start searching. But, there’s a right way and a wrong way to do it. The right way to find a few franchises to start looking into is by doing a focused search. The wrong way is to just type “franchises for sale” or “franchise opportunities” into your favorite search engine. Doing it that way will bring up 10,000,000+ choices. In my opinion, that’s too many to try to go through. (You think?)
How To Focus
Unless you have an unlimited amount of time on your hands, it’s important to do a focused search for franchise opportunities that could be a fit. That’s because once you go online, time ceases to exist. You could end up spending an entire afternoon searching for opportunities and find that you’ve accomplished nothing.
If you’d like to avoid that scenario and get down to business – your possible business – start off by only visiting websites that list and describe franchise opportunities.* Doing that will help you save time because you’ll only be looking at websites that specialize in franchising. Franchise opportunity websites feature hundreds of franchise business choices, and they do a good job categorizing them for you by things like investment amounts, industries, newer opportunities, and even by types: home-based opportunities, part-time businesses, etc. But, make sure that you choose franchise websites that are easy on the eyes and easy to navigate* because you’ll be spending quite a bit of time on them.
Before you get too comfortable, make sure that you have a list of goals nearby. I’ve found that doing that will help you stay on track.
You also need to make sure that you’re only looking at franchises that fit what you’re really good at. For example, don’t look into food franchises if you want flexible hours. Don’t look at a business to business franchise concept…that will require a lot of cold-calling if you don’t have a solid sales background. Does that make sense?
If you follow my suggestions, you should be able to find several franchises that could be possible matches in a reasonable amount of time. The next step for you is to request information from them.
I’ve worked with a lot of prospective franchise owners over the years. One thing I’ve found is that for some, the simple act of contacting a franchisor can feel intimidating. But, it shouldn’t. When you request information for a franchisor, all you’re doing is asking for a little more information and for them to contact you so you can learn more. It’s not like you’re signing a franchise contract or sending in money. But, it’s a step you need to take.
That’s because the information that you get online is limited. You’re not getting the whole story.
Searching for a franchise...the right franchise for you, will take some time. But, if you’re really committed to becoming your own boss, it’s going to be time well-spent.
As long as your search for a franchise to buy is a focused one.
*Non-US Government links
About the Author
The Franchise King®, Joel Libava, is the author of the book, Become a Franchise Owner! He's also a franchise ownership advisor; Joel teaches people that are interested in franchise ownership how to properly select and carefully research franchise business opportunities so they can increase their odds of success.
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