Franchise Bible: How to Buy a Franchise or Franchise Your Business

Overview

How To Buy A Franchise Or Franchise Your Own Business

Are you thinking of buying a franchise or franchising your own business? This indispensable guide tells you how to do it—and save time and money in the process. Franchise expert Erwin Keup shares 35 years of franchise experience to reveal what to expect and how to avoid costly mistakes.

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Overview

How To Buy A Franchise Or Franchise Your Own Business

Are you thinking of buying a franchise or franchising your own business? This indispensable guide tells you how to do it—and save time and money in the process. Franchise expert Erwin Keup shares 35 years of franchise experience to reveal what to expect and how to avoid costly mistakes.

With the Franchise Bible, you learn to:

  • Determine if owning a franchise is right for you
  • Evaluate the advantages and disadvantages of franchising
  • Understand the legal terms and documents associated with franchising
  • Navigate the offering circular and what items it should contain
  • Decide whether you should buy a franchise or start your own
  • Select the best methods for expanding your existing business
  • Determine the optimum time to franchise your business

Includes these samples of actual franchise documents:

  • Offering Circular
  • Franchise Agreements
  • Franchise Application Form
  • Site Evaluation Form
  • Operational Manual Outline

Plus, this guide is packed with checklists to help you:

  • Investigate franchisors
  • Interview existing franchises
  • Assess your suitability for running a franchise
  • Prepare the required information before purchasing a franchise

Whether you want to buy a franchise or franchise your own business, this guide is required reading.

"Author and franchise lawyer Erwin J. Keup has made an exhaustive study of the franchise purchasing process and delivers his findings in concise, understandable language that has all you need to franchise with finesse."

Entrepreneur Magazine

"Kudos to author Erwin J. Keup. We like the book's easy-to-read style."

Small Business Opportunities magazine

"Equally useful to prospective franchises and franchisors. Explains in detail what the franchise system entails and the precise benefits it offers."

—Robert E. Bond & Jeffrey E. Bond, author of The Sourcebook of Franchise Opportunities

Erwin J. Keup, a franchising specialist for more than 35 years, operates a private law practice in Costa Mesa, California, advising clients in matters dealing with franchising, mail order, general business and trademarks. He has been a member of the California Bar Association since 1972 and previously served on its Franchise Legislation Committee. Keup also has been a member of the American Bar Association's "Forum On Franchising" since 1987

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Product Details

  • ISBN-13: 9781932156621
  • Publisher: Entrepreneur Press dba Entrepreneur Media, Inc.
  • Publication date: 4/5/2004
  • Edition description: 5th Edition
  • Edition number: 1
  • Pages: 288
  • Product dimensions: 8.00 (w) x 9.90 (h) x 0.73 (d)

Meet the Author

Erwin J. Keup, a franchising specialist for more than 35 years, operates a private law practice in Costa Mesa, California, advising clients in matters dealing with franchising, mail order, general business and trademarks. He has been a member of the California Bar Association since 1972 and previously served on its Franchise Legislation Committee. Keup also has been a member of the American Bar Association's "Forum On Franchising" since 1987

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Table of Contents

Foreword
What's New In this Edition - A Note from the Author
About the Author
Acknowledgments
Introduction
Ch. 1 Buying a Franchise 1
Ch. 2 Learning about Franchise Documents 11
Ch. 3 Buying a Local Business 45
Ch. 4 Buying a Local Franchise Operation 53
Ch. 5 Franchising Basics 59
Ch. 6 Franchising and Other Alternative Methods of Expansion 69
Ch. 7 Building a Strong Franchising Foundation 73
Ch. 8 Franchise Laws - A Trap for the New Franchisor 81
Ch. 9 Choosing a Franchise Attorney 87
Ch. 10 Making Your Franchise Operation Work 91
Ch. 11 Final Thoughts on Franchising 99
Appendix A: Uniform Franchise Offering Circular 115
Appendix B: Franchise Agreement and Franchise Deposit Agreement 155
Appendix C: Background Questionnaire for Offering Circular 185
Appendix D: Background Information for Franchise Agreement 221
Appendix E: State Franchise Information Guidelines 233
Appendix F: Uniform Franchise Offering Circular (UFOC) Guidelines 241
Checklist for Evaluating Your Suitability as a Franchisee or Small Business Buyer 8
Checklist for Interviewing Existing Franchisees 33
Checklist of Information to Secure from a Franchisor 35
Franchise Site Evaluation Form 39
Checklist of Information to Secure from the Seller of an Existing Business 52
Operations Manual Outline 97
Franchise Business Application and Net Worth Form 108
Index 309
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