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Barry Jark's Articles in Small Business

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What to Look For in a New Franchise Want to buy a franchise opportunity? Great idea! Here is a high-level overview on what to look for: How do I sell My Restaurant Franchise? The absolute first thing that you must do is to contact your franchisor. Do not be embarrassed! Franchisors expect that a certain percentage of their franchisees will someday want to sell their franchise. It is normal. There are many reasons for a franchisee to want to sell a franchise. Your reason for wanting to sell is probably a legitimate reason, something that the franchisor has probably heard many times before. Due Diligence - I don't need it (ya right) You have been searching for various businesses for sale and now you have found that perfect business to buy. The business is represented by a reputable broker. You are comfortable with the terms, and now you wish to enter into contract and proceed with the due diligence phase. Everything you have been told by the seller and broker sounds good and feels right. So what's next? How deep do you need to dig?

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