Below are seven must-read books about getting started in franchising.for anyone thinking about or actively pursuing a franchise business. Read some of these and save yourself enormous amounts of time and money! If you are considering buying a franchise these books are a great way to get started.
Street Smart Franchising By Joe Mathews
treet Smart Franchising provides an excellent overview of the franchising process. It’s not the place where you should end your research into the franchising world, but it’s a great place to start. It’s an easy read and details in a frank way the benefits and drawbacks of franchising. Matthews, DeBolt and Percival lay out a very helpful six-step franchise investigation process designed to smooth the process of figuring out what franchise to purchase. It also takes an in-depth look at the research and investigation of a franchise, something glossed over in many franchise books.If you want to own your business but don’t want to start from scratch, maybe buying into a franchise is the right choice for you! Franchising can be a great way to get started in small business without taking the huge risk of founding and building a company on your own. But before you jump in there’s plenty you need to know in order to make sure you do it right.Buy From Amazon
Franchising for Dummies By n Michael Seid and Dave Thomas
If you want to own your business but don’t want to start from scratch, maybe buying into a franchise is the right choice for you! Franchising can be a great way to get started in small business without taking the huge risk of founding and building a company on your own. But before you jump in there’s plenty you need to know in order to make sure you do it right.Like the other books in the Dummies series, Franchising for Dummies assumes that reader comes in with no knowledge about the franchise industry and works from there. Franchising for Dummies also has the benefit of being co-authored by Wendy’s founder Dave Thomas, who started one of the biggest fast food franchises in the United States. A frank and straightforward book about a complicated subject, Franchising for Dummies provides a thorough overview of the process of evaluating, buying, running, and selling a franchise.Buy From Amazon
The Franchise MBA – Mastering the 4 Essential Steps to Owning a Franchise
An easy read that provides a high-level overview of what it takes to bridge the gap from dreaming about business ownership, to realization of the dream via the franchising model. Thoroughly researched and well-written, The Franchise MBA provides a comprehensive view of the franchise world through a step-by-step process that guides readers to examine both the pros and cons of the franchise model: 1. The Introspective Self 2. The Franchisor 3. The Franchisees 4. The Legal and Financial.
The Educated Franchisee, 2nd Edition By Rick Bisio
Bisio’s book, the most recent edition of which was published in 2011, has the rare combination of being a quick read while also containing lots of specific technical advice. The writing is clear and concise and the advice is right to the point and extremely practical. The Educated Franchisee will help you figure out if franchising is right for you, and if so will help you sort through all the research associated with the process and cut straight to what you should really be looking at.Buy From Amazon
Franchise Fraud – Protect Yourself by Robert Purvin and Robert L. Purvin Jr.
Critical evaluation of the franchising industry and community, exposing long held myths and advocating the organization of strong franchisee associations with the negotiating leverage to achieve a balance of obligations and benefits for franchisors and franchisees.This book is oriented towards warning potential franchise owners of all the dangers and obstacles in owning a franchise. The author is an attorney who spent much of his career working for franchisors. He explains the way franchisors sell franchises and breaks down the myths franchisors disseminate to make franchises seem more attractive. Any potential franchisee should give this book a read before making any final decisions.Buy From Amazon
Become a Franchise Owner!: The Start-Up Guide to Lowering Risk, Making Money, and Owning What you Do by Joel Libava
The definitive A-to-Z guide to researching, selecting, and starting a viable franchise business With more and more professionals looking for alternatives to traditional corporate employment, Become a Franchise Owner! informs would-be franchise owners of the joys and perils of purchasing a franchise. Authored by a trusted, feisty, tell-it-how-it-is independent franchise industry insider, this book offers straightforward, step-by-step tips and advice on how to properly (and carefully) research and select a franchise business. Get tips on how to locate information about franchises, current industry trends, interviews with franchisors, and hot franchise opportunities. Buy From Amazon
Franchise Bible: How to Buy a Franchise or Franchise Your Own Business Erwin Keup
This proven, popular reference has been completely updated to better guide readers through the current franchise environment. Real-life examples of both service- and product-oriented franchises and useful checklists prevent mistakes and save time and money. Contact information for state and federal franchising regulatory agencies and a listing of useful publications guide new franchisees to the resources they need. Robert Smith, founder of Granite Transformations, describes how he successfully opened franchises nationwide based on guidelines in previous editions. Buy the book From Amazon