What you'll learn
The Basics of a Franchise Industry and Structure - is it the money making machine that you think!
Franchisor - Franchisee Relationships and Obligations
Asking the right questions BEFORE buying a new or existing franchise
Doing the research BEFORE investing - how to do effective investigations
Know the risks, obligations, investments and conditions outlined in the franchise agreement
Analyze the franchise model, the benefits and drawback of the investment and research before making a financial or contractual commitment
Contractual, Financial, Legal and Personal obligations and trenches to negotiate
The UFOC and The Franchise Agreement - what you MUST know!
Balancing the decision - should I or shouldn't I?
Overcoming the fear and anxiety of your decision.
The exit strategy - is there one?
Requirements
You don't need any experience for this course. You do, however, need a great deal of common sense reasoning.
You must put your emotions aside and look at any investment from a practical, qualitative and quantitative data perspective.
Description
The course covers a detailed and thorough review of considerations involving the purchase of any franchise system including the Uniform Form of Circular (UFOC), the Franchise Agreement, Equipment and Building Leases, Return on Investment Analysis and Financial Projection Breakdown, to name a few, while answering all the important questions for decision-making before investing in a franchise system.By the end of the course, you will have a solid understanding of:- key franchise conditions, parameters and obligations in a franchise agreement;- your financial and legal obligations to the franchisor;- your operational limitations within the scope of the franchise system;- your franchise location's territorial integrity and why it is important to your success;- negotiating with the franchisor on key legal, financial and operational issues;- the level of support provided by the franchisor with your franchise;- franchise fees, renewal fees, royalties, advertising fund fees, training costs as well as other ongoing monthly fees.Throughout this course, we will be using real-life cases and examples of situations and issues that can occur in a franchise environment to illustrate benefits and drawbacks of business investments.At the end of the course, you will find useful resources, checklists and sample franchise agreements, lease documents and other forms to assist you in your decision making process.
Overview
Section 1: Introduction
Lecture 1 Introduction
Lecture 2 Preparing Yourself
Section 2: Franchise Models and Systems
Lecture 3 Franchise Systems - Models, Ownership and Licensing
Section 3: Franchisor and Franchisee Expectations.
Lecture 4 Franchisor and Franchisee Obligations
Lecture 5 Why some Franchisees fail!
Section 4: Uniform Franchise Offering Circular - UFOC
Lecture 6 UFOC / Franchise Disclosure Document - What is it and why it's important.
Lecture 7 UFOC Content Explanations
Lecture 8 International Franchise Regulations
Section 5: The Franchise Agreement
Lecture 9 Understanding the Franchise Agreement
Lecture 10 Key Franchise Elements - Part 1
Lecture 11 Key Franchise Elements - Part 2
Lecture 12 Personal Guarantees - What do they mean?
Lecture 13 Negotiating with a Franchiser.
Section 6: Resources to help you!
Lecture 14 Thank you for your subscription!
Anyone wanting to learn more about Franchising as an industry,Anyone who is considering investing in a new or existing franchise model.,Anyone who is planning on buying any existing business


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