Jim Laganke: Planning to buy a franchise next year? Here are things you must do
Most people think that opening a franchise business is an easy and safe option. Therefore, today, many aspiring entrepreneurs prefer buying a franchise than starting their own business, as it has fewer risks. However, running a franchise business is not that easy, says Jim Laganke , the owner of Stewart’s All American . Of course, you have an added advantage when you connect with a well-established brand name. To maintain the legacy of a franchise business, you require appropriate marketing plan, investment and many more. If you’re planning to buy a franchise in 2020, it’s the right time to get everything lined up so that it will be easier for you while purchasing a franchise. Here are the things you need to do right now! Get your finances ready - In most cases, people buying a franchise take out a loan to help their finances. So, it is important to be a good investment to a lender. Therefore, if you have some credit card debt, pay it off to increase your score, so that you will be q