Franchise Fundamentals Video 1: How Franchise Businesses Work

If you're thinking about buying a franchise, watch this first to see how franchises work! ⭐️ Get Matched with Franchise Options Best Fit for You: https://perfectmatchfranchises.com/ge... ============================= Watch This Next:    • Franchise Fundamentals Video 2: How to Cho...   ============================= ❇️ What We Do ❇️ We help entrepreneurial minded people evaluate franchise ownership, and personally find franchise opportunities that best match with their goals, skillets, and ideal ownership. ❇️ Who We Work With ❇️ We work with two main types of people; 1️⃣ Individuals looking to get out of corporate America and finally start their first business. 2️⃣ Current business owners who are looking to add additional investments to their portfolio. Backgrounds of People I work with: Sales Professionals Business Executives Current Business/Franchise Owners Health Care Professionals -IT/Tech Professionals -Engineers -Law Enforcement/Military Vets Investors ❇️ How Our Service Works ❇️ We will work together in two main phases- 1️⃣ Evaluation & Matching: The first part of the process is for us to have a conversation about what you're ideally looking for. Based off of this conversation, we will be able to see if franchising is the right option for you. If so, we will then find specific franchise opportunities that match up with what you're looking to actually achieve with business ownership. 2️⃣ Development Coaching: After evaluating matches, we will decide which make the most sense to learn more about. This will start the due diligence period also known as Development. Development is the totality of conversation you will have with a brand from the first call all the way to making a decision to move forward or not. We will work with you through this process to make sure you know what to expect, avoid common pitfalls, where to negotiate on the franchise agreement (disclaimer: we are not a lawyers) and ultimately help you make the best decision. ============================= 👤 Connect with Us 👤 Facebook:➡︎   / perfectmatchfranchises   Instagram: ➡︎   / perfectmatchfranchises   LinkedIn:➡︎   / perfectmatch-franchises   Podcast:➡︎ https://open.spotify.com/show/5aueft9... ============================= ⏰ Timecodes ⏰ 0:00 - Intro 1:08 - What is a Franchise 2:07 - How Does a Franchise Work 3:01 - Why Buy a Franchise 5:42 - Role of Franchisor 6:52 - Role of Franchisee 8:02 - The Franchise Partnership 9:23 - Why Pay a Royalty 11:42 - Why Join a Franchise 12:52 - Franchise Industries 14:07 - Keys to Franchise Success 15:29 - Recap 17:12 - Next Video: 2 - How to Pick a Franchise #franchising #franchisebusiness #entrepreneur About: In this video we go through the basics of franchising. We start with explaining what a franchise is, then go into the franchise relationship and roles of both the franchisee and franchisor, and who a franchise business is best suited for.