Today's Top TipOnline business plan scams are alive and doing very well. There's even a new wrinkle: the "crowd funding". Trust me, no one makes money but the promoters in this scheme.
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What kind of franchise business plan might you be looking for? Well, if you can think of a business, there is probably a franchise for it, such as fast foods, cleaning services, accounting, photography,
... and literally thousands more.
There is one simple thing that all of the companies listed above have in common: They all want to sell you a franchise. Repeat that to yourself until it sinks in: They all want to sell you a franchise.
Repeat that every time they speak with you, every time they send you information, every time someone stops by to say, "Hi!". They all want to sell you a franchise.
That doesn't mean franchises are necessarily bad. On the contrary, some are quite good. But they come from a different perspective than you and other independent business people.
More than anything else, your franchise business plan must recognize this perspective. When the franchisor gives you marketing stats, understand that he is trying to sell you something. When he has you talk with other franchisees, he is trying to sell you something.
Recognizing that, do your own independent research. Find marketing stats on your own. Determine for yourself what location works best. Go find some other franchisees on your own, too, and have a good heart to heart conversation with them. Even work with them for a week or so if they will let you, and really learn the business -- you will be amazed at what you will learn.
The franchise company may even give you a business plan template to use. Good. Read through it. Then mess it up and make it your own. This is your unique business. Any banker can see through boiler plate, so make yours sing.
Here is another franchise business plan you can take a look at:
A great franchise business plan incorporates the best of the franchise ... and the best of you. Together, you've got a winner.
With thousands of franchises out there, you've got a lot of choices. Whatever you choose, there are three things that you will need to get your business plan in shape for financing:
| Your workbook
|Your business plan template|
Then, just because you do need some sample business plans to look at, we've decided to include LINKS TO 100'S OF BUSINESS PLANS at NO EXTRA CHARGE!!
Honestly, your franchise business plan could any one of the thousands of niches. We don't know which one you are. So this is the best solution we could find: give you the whole book and let you decide which ones are most pertinent for you. Fair enough?
go to the Santa Cruz Beach Boardwalk, there is this game called
Whack-a-Mole. It's a table with 16 holes, and this little mechanical
mole sticks his head out of one of the holes for a second. You whack
it with a bat. He pops his head up, and you whack him, and he pops up
someplace else. Engineering design is like playing Whack-a-Mole. You
have a problem sticking up over there. You go and whack it, and it
goes away. But have you really fixed it, or has it just moved
somewhere else? It's often hard to tell whether you've solved the
problem or moved the problem ... It's almost a truism that you never
actually find a perfect answer to a problem. You just find the answer
that has the least problems.
Inventor of Java
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