Should You Become A Franchise Owner?

Should You Become Franchise Owner?With Joel Libava, The Franchise King

www.directcapital.com/franchise

www.thefranchiseking.com

Brought to you by:

www.franchwire.com

Established in 1993, Direct Capital is a direct franchise lender committed to supporting franchisees through all of their projects, including store acquisitions, remodels, equipment financing, and working capital. The company is headquartered in Portsmouth, NH, and operates offices in New York, California, and New London.

www.directcapital.com/franchise

Launched in 2012, FranchWire.com is dedicated to serving as the news resource for franchises the world over. Come for the analysis and helpful tips, stay for the discussion.

www.franchwire.com

About The Franchise King®Joel Libava Joel has been involved in some facet of

franchising for over 20 years, and is the author of, “Become a Franchise Owner” (John Wiley & Sons, Publisher.) He’s also a franchise ownership advisor.

www.thefranchiseking.com

Should You Get A “Job?” Or, Should You Own What You Do?Job Own What You Do

Well? What Should You Do?

Your Last 3 Bosses?

If you feel that you could be a successful small business owner, why the heck are you willing to work for someone else?

Lunch. At the top.

“Sure, I’d like to start my own business, but I think it’s way too risky.”

3 ways to go into businessStart from scratch

Buy an existing business

Invest in a franchise

What is a FranchiseLicensing system for the selling of

products/servicesFranchisor sells licenses to others

(Franchisees)License includes guidelines to follow Franchisees usually have an assigned

geographic territory

How does franchising impact the USA Economy?Generates 18 million jobs

Contributes 50% of all retail and service $

Produces over $1.5 trillion in econ. output

Franchise Advantages• Systems are already in place to help you get

started rapidly- a blueprint

• Formal training program• Branding. Maybe…• What else?

Franchise DisadvantagesThere is a system, but it’s not yours

You don’t have total control. Lots of rules

What else would be a disadvantage?

What You Get With A Franchise• Operating system• Their experience• Formal training• Support• Branding• Purchasing Power• Marketing• Franchise network

Can you see yourself as an owner?

Some Franchise TypesFood ServiceRetailPersonal ServicesB2BChildren’s ServicesGreen

Check out hundred’s of franchises at www.franchisedirect.com

Investment AmountsYour total investment for a franchise depends

on the type of franchise it is…

Home-Based- $40k+Retail- $150,000+Food franchises- $150,000+Service franchises- $100,000+Hotels/Motels- $5 million ++++

Financing a FranchiseYour cash injectionUsing current banking relationshipsProjectionsYour story

Direct Capital Franchise Group Franchisees have special needs for equipment financing and

working capital – needs that Direct Capital understands thoroughly after helping thousands of franchisees nationwide over the past 19 years.

A true financing partner, we provide dedicated account teams to support our franchise customers, and can help with project management; coordinating order processing, delivery and payment across multiple suppliers to ensure your projects are completed efficiently.

Visit www.directcapital.com/franchise for more details on the programs we offer to single & multi-unit franchise operators.

FranchWireLaunched just this month, Franchwire.com is committed to

providing franchise owners, vendors that serve franchises and others in the market with a one stop shop for national and local news, industry trends, special interest stories and helpful tips and directories. 

New content is being added every day, and we’re also on Twitter & Facebook to keep the conversation going.

We’re always looking for guest bloggers and content suggestions & submissions.  Please send us an email at marketing@franchwire.com if you’d like to contribute!

Join us for Part 2 in this Webinar Series:

We’ll cover…LegalitiesFranchise researchMore information on small business loansAnd more….

February 21, 20121pm – 2pm EST

Register Today: http://bit.ly/xIglQ8

Keep in Touch!The Franchise King:

www.thefranchiseking.com/blog@FranchiseKing

Direct Capital:http://blog.directcapital.com@DirectCapital and @FranchiseFunderwww.facebook.com/DirectCapital

FranchWire:www.franchwire.com@FranchWirewww.facebook.com/franchwire

Questions?

Thank You For Attending!