How to Buy a Franchise


While buying a franchise is not for everyone–such as those who need complete autonomy–it’s a mode of entrepreneurship that is compelling for many people. For one thing, the company selling the franchise has already invested in a brand people recognize regionally or nationally and in doing so has figured out a business strategy that has been proven to work. To bring new stores into the fold the franchisor provides training and helps with marketing to get a fledgling franchisee off and doing business. But how does a person pick the right one? Take some tips from Andrew Cagnetta, CEO of Transworld Business Advisors, a business brokerage franchise consulting company that for 35 years has made a business out of selling franchises.



Sep 30, 2015