Posted on March 2, 2007 by Rush Nigut

Buying a Franchise Basics: Podcast No. 4 Interview with Joe Cooney

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Rush on Business Podcast No. 4 is an interview with Joe Cooney of Frannet.  Joe is a franchise coach in the Iowa / Nebraska region.  Joe and I discussed several basics of buying a franchise including:

  1. What is the franchising model of business?
  2. What different types of franchises are available?
  3. What do franchises cost?
  4. What options are available for financing?
  5. How do you lay the groundwork for success?
  6. What to look for in a franchisor?
  7. How do you research franchises to find the right one for you?

Joe also provided information on a Web site service (www.fransurvey.com) where prospective franchisees download reports with information on what actual franchisees say about their franchisors.  The site looks helpful but it is still no substitute for contacting franchisees on your own when performing due diligence.  I am sure Joe would agree!

For more information or if you have questions on franchise opportunities available through Frannet, Joe Cooney can be reached at (402) 330-7306.

To listen to the podcast, click below.  (It's free!)

Buying a Franchise Basics - BlogTalkRadio Podcast

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Rush on Business - October 31, 2007 7:13 AM
I ran across this informative article on whether you should hire a franchise broker to purchase a franchise via the Indiana Civil & Business Lawyer Blog. The article discusses how the Internet has changed the way people find a franchise....
Rush on Business - May 10, 2008 2:30 PM
The Small Business Administration (SBA) and FranNet have teamed up to offer an online training course for those interested in franchising.The free online course on franchise basics provides three key sections that examine more than 10 essential areas r...
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