Franchising Boot Camp Workshop Series
What it Really Takes to Get Started in Franchising
Will you take the path to success or failure? How will you understand fees and required investments? Do you have a firm grasp on regulations and expectations?
- Why a franchise?
- Failure rates, Life cycle curve
- Federal Trade Commission Rules
- Intro to Franchise Disclosure Document (FDD)
You will gain a foundation that includes all of the information that you should know prior to signing any franchise agreement, including:
- Historical investment and income data
- Fees
- Estimated Initial Investment
- Uses and Sources of funds
- Funding Basics, legal entities, tax treatments, organizational structure
- Intro to SBA loans
- Restrictions on Sources of Products and Services
- Franchisee’s Obligations
- Financing
- Franchisor’s Assistance, Advertising, Computer Systems and Training
- Territory
- Demographics, site selection, Retail Space LOI negotiation
This is the third workshop in the 4 part Franchising Boot Camp Workshop Series that is designed to guide you through the investigation process and help you plan for long-term success in your franchising investigation journey. Here is a summary of how the series is set up:
|
Date |
Title |
You will learn about: |
Fee |
|
August 3 (3 hours) |
Introduction to Franchising |
Common mistakes, finances overview, evaluating opportunities |
Free |
|
August 7 (2 hours) |
Planning for Success |
SCORE mentor support, business planning process |
Free |
|
August 17 (3 hours) |
What It Takes to get Started |
Paths to success or failure, fees and investment, regulations and expectations |
$39 |
|
August 24 (3 hours) |
Operating and Growing Your Franchise |
Contracts, obligations and restrictions, daily operations, finances and money management |
$39 |