Mike Callahan Articles

Guest post by: Mike Callahan
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What matters most to the franchisors about the potential franchisee

Before you step into the 'searching for the perfect franchise' waters, it is good to know what they want to know about you. In this article we reveal the 6 vital questions that every franchise wants to know about you, the typical order of importance and most importantly 'WHY" they want to know. Having this knowledge will better prepare you for your search for your "Best Franchise Solution".

Hey Ive received an FDD Where in the world do I start this thing is huge

You are working your way throughthe franchise process and now you have a franchise company's Franchise Disclosure Document and it is several hundred pages. In this 5th article in our series we explain what the intention of the FDD is as well as what to look for when you receive it. This is a critical document and knowing what and where to look is critical. Read on for a description and guide for reviewing a franchise company FDD.

I want to know more about this franchise company than what is on their website so now what

In this article we are going to focus on investigating a franchise that has caught your attention. There is a significant amount of information on most web sites of franchisors these days. If you are serious about pursuing a franchise opportunity it is important that you have enough firsthand knowledge to make a decision based on facts and not emotion. This process will be the focus of this 6th article on our continuing series.

Downsize your boss-is it possible?

In today's economy many people are tired of working hard for others with little to no control over their lives. 'Hidden' entrepreneurs often come to the surface in difficult times. Their potential has been waiting for an opening and often the state of the economy is that necessary nudge they have been awaiting. This article explores the idea of becoming your own boss through a franchise opportunity. This is the beginning of a series relating to franchise opportunities and how they may fit the bill for you to take charge of your destiny.

How much can I make if I buy this franchise?

When considering specific franchise options, one wants to know what the potential earnings would be. While this is a fair question to ask, it is not always available from the franchisor. There are many reasons and the fact is there is a way to get even better information. Enjoy this 4th article in our series and find out how to get a better education than what the franchisors can and will disclose.

The Next Step

In the previous articles in this series, we discussed taking control of your destiny by considering franchise opportunities as that path. We then discussed how to tell if you are a good fit for the world of franchising. Now that we have you this far, we will discuss how to undertake the next step of finding the right opportunity for you.

I think I want to downsize my Boss but is franchising right for me

In this second article of the series we consider the question; is franchising is right for you? We are all individuals with strengths and weaknesses. How do you know if franchising fits your strengths? This question must be dealt with openly and honestly before one considers a step into the "franchise zone". Join us as you answer 5 questions that will help you focus on this important question.

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About the Author: Mike Callahan

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About the author: Mike Callahan is a business veteran of 30+ years. He worked his way from entry level position to Senior Management in a Fortune 100 International financial services company. After rising to Sr. Management level Mike moved into the world of mortgage banking, ultimately becoming a partner in $2.5 Billion mortgage bank. He sold his interest in 2004 to pursue and receive his Master's Degree in Management. With a heart for entrepreneurs Mike is the founder and President of Best Francise Solutions,LLC a franchise consulting firm affiliated with Business Alliance, Inc an International Franchise Consulting company with over 20 years industry experience and hundreds of franchise relationships. An entrepreneur at heart, Mike is still a multiple business owner and is very excited and anxious to share his experience and knowledge with budding entrepreneurs looking into the dynamic world of franchise opportunities. Mike is available by email at: mcallahan@BestFranchiseSolutions.com or toll free (888)213-7712. His company works with clients all over North America and they look forward to hearing from you.
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More from Mike Callahan
What matters most to the franchisors about the potential franchisee
I think I want to downsize my Boss but is franchising right for me
How much can I make if I buy this franchise
Downsize your bossis it possible
Hey Ive received an FDD Where in the world do I start this thing is huge

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