Finding a franchise in the computer age

As you already know very well, there's an incredible amount of research involved in investments. Those who are unwilling to devote the time to research have little business being involved with the high-stakes world of investment. Whether buying stocks or buying real estate, if they are not armed with the knowledge, then you're bound to make some very costly errors in judgment. This is infinitely more true in the world of franchising, where investments are long term and require a commitment of time and energy and money.

Journals can be a good source of information, especially those specializing in franchising. Trade shows and fairs franchise association can also be valuable to determine which options may be available. Of course, the aspiring franchisee also smart to compare franchise disclosure documents of all potential franchise organizations as well. However, the Internet has made it easier than ever to get valuable information on the franchisor to help the investor make a wise decision.

Association of Sites

The key to make an intelligent choice is to start looking at the big picture (to find out what options are available) and then restricting attention to the specific franchisor. A great resource to get a broad perspective on the franchise opportunity are the sites of organizations like the International Franchise Association, the American Association of Franchisees and Dealers Association and the American Franchisee. These websites can give you an idea of ​​what the franchisor may be available in any area of ​​interest, which are doing well, which are in difficulty, and can provide a wealth of practical advice and information on all aspects of franchise ownership .

Online Publications

There are those out there who make a business out of business understanding. These publications and research organizations are the best source for simple statistics and facts on franchising organizations. Almost all major financial publications like USA Today, Entrepreneur, Inc., and the like, to keep the sites online where you can register and search easily. Franchise specific publications such as World Franchise, Franchise UPDATE, Franchise World and the like can provide even more valuable on the franchisor that seem most promising (and those who do not).

Research organizations

Once an investor has settled on a few franchise organizations likely, a search site consulting franchise can help an investor get a better view of these specific companies. Sites of organizations such as FRANdata FranSurvey or offer detailed statistics and are a valuable resource for hard data.

Government sites

There are some key government sites that should be included in the preparations franchise initial investors. Although not specifically geared towards providing information about the franchisor, these sites provide valuable information on franchising and business ownership. The site of the Federal Trade Commission provides information on how to protect yourself investors and entrepreneurs. The Small Business Administration's website contains a wealth of information on property and franchise consulting for small business owners. The SBA also maintains a register of franchise franchises that are supported by SBA and SBA loans qualify for the support .......