What Is a Good Strategy for Finding a Franchise to Buy?

What Is a Good Strategy for Finding a Franchise to Buy?

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Q: Beau, I am looking at purchasing a franchise. I'm just searching online, and I feel like I'm spinning my wheels. What would you recommend to identify a franchise that would be the best option with my scenario? I am a W-2 employee, I don't own a home, I have great credit, $75K in savings and a 401K with $55K. Thanks.

Rowan

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Timestamps:
(00:01) Rowan's query about finding a franchise as a W-2 employee with specific financial circumstances.
(00:24) Using a scientific approach like the "zoracle profile" or franchise assessment to find suitable franchisees.
(01:02) Start with the free mini course at Fran University for an overview of the franchise buying process.
(01:14) Complete the franchise assessment profile and schedule a call with the franchise broker team.
(01:26) The next step involves meeting with the franchise broker to discuss preferences and rate potential franchises.
(02:17) Emphasis on working with a knowledgeable franchise broker to navigate the complex process effectively.

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#FranchisePurchase #FranchiseBroker #FranchiseAssessment

About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.

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