The Secrets To Buying A Franchise
You will learn how to evaluate starting a franchise vs. an independent business vs. buying an existing business; the best types of franchises to open in today’s economy; the myths about franchising; the costs to start a franchise; how to research a franchise to make sure it’s the right choice; how to decide which franchises are best for you; what mistakes to avoid when choosing and researching a franchise; negotiation issues; California laws & common issues; legal documents, e.g. disclosure document and franchise agreement.
Craig Wells and Richard Usher present this workshop.
Craig Wells is a Franchise Specialist with FranNet of Southern California. FranNet just celebrated its 30th anniversary and is one of the oldest franchise consulting firms in America. Before becoming an entrepreneur, Craig spent 14 years in shopping center management. From the landlord’s perspective, he watched thousands of businesses thrive, while hundreds of others failed. Interestingly enough, the most successful belonged to chains or franchise systems. In 1985 he started developing his first business—a 1-hour photo lab. As the chain expanded, Craig purchased his first franchise, a MAACO Auto Painting shop in 1991.
In 1995, Craig and his wife sold their MAACO franchise and chain of successful 1-hour photo stores and stepped into your shoes. They were nervous about finding their next business adventure, but they knew they wanted it to be another franchise. That was when they scheduled a free business consultation in the Orange County FranNet office. After the franchise expert evaluated their skills, he introduced the Wells to an opportunity he felt best suited their strengths and goals. Since then, and for the next 21 years, Craig was the President and CEO of Cash Plus, Inc., a national franchise company in the retail financial services industry. During that time as a franchisor, Craig continued working with FranNet’s international network of consultants who referred qualified franchisee candidates to expand his franchise and build their futures.
At today’s workshop, you can draw from Craig’s 32 years as a small business owner, franchisee and franchisor to help you organize the correct puzzle pieces into the one picture that can make your future dreams a reality.
Richard Usher is an attorney and business adviser with over 30 years of varied experience. He focuses his practice on business transactions for entrepreneurs and franchisees. His work includes mergers and acquisitions, real estate transactions, structuring business entities, advising franchisees, counseling on employment issues, and negotiating and preparing contracts, leases and licenses. He is known for providing pragmatic and understandable advice on complex issues and realistic solutions with a bottom-line orientation. He also acts as outside General Counsel to several businesses.
(Registration/Check-in 5:30 to 6:00 PM)
Limited seating, save yours
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