32 min listen
What the heck is a master franchisor and should you pay $1.2M for it? - Acquisitions Anonymous 247
FromAcquisitions Anonymous - #1 for business buying, selling and operating
What the heck is a master franchisor and should you pay $1.2M for it? - Acquisitions Anonymous 247
FromAcquisitions Anonymous - #1 for business buying, selling and operating
ratings:
Length:
31 minutes
Released:
Nov 21, 2023
Format:
Podcast episode
Description
In this episode of Acquisitions Anonymous, Girdley, Bill, and Heather delve into the pitfalls of a dubious business opportunity detailed in a Biz Buy Sell listing. They emphasize the red flags, such as the unrealistic promise of guaranteed results or your money back and the inclusion of unrelated "value-add" services, questioning the credibility and legitimacy of the offer. The conversation highlights the need for a strong and recognizable national brand to be a key factor for a successful franchise.Check out the listing- https://www.bizbuysell.com/Business-Opportunity/ultimate-texas-master-franchise-opportunity/2145964/Thanks to this week's sponsors.Acquisition Lab and their team have been longtime supporters of the pod.Created by Walker Diebel author of Buy Then Build: How to Outsmart the Startup Game, is an accelerator with a highly vetted cohort-based educational and support community for people serious about buying a business.Acquisition Lab exists to help people buy a business and navigate all the complexities of the process, as well as provide a trusted framework, tools, and resources to support you from search to close.If you are serious about buying a business check out acquisitionlab.com or email the Lab's director Chelsea Wood, chelsea@buythenbuild.com.-------------CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options. Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.
Released:
Nov 21, 2023
Format:
Podcast episode
Titles in the series (100)
Acquiring a Houston Bar, A Mud Beauty Mask Co, Another Beauty Mask Co - Acquisitions Anonymous e2 by Acquisitions Anonymous - #1 for business buying, selling and operating