TEAM Rennick
Buying a Franchise
My role as your franchise consultant is to build a win-win relationship between the franchisor and the franchisee. This is the key to success.
As your franchise consultant and advocate, I will assist you in identifying a suitable franchise.
The sheer number of opportunities available can be overwhelming, and we will work together to identify the concepts that best fit your particular skills, interests, time commitment, business experience and available investment funds.
We will analyze the strengths and weaknesses of each concept, including market opportunity, competition, growth potential, sales programs, marketing materials, training, and support, so that you can choose the opportunity that is the best match for you.
If you are interested in buying a franchise, you can learn more about my thoughts and perspectives on some of the very important issues you need to consider before making your decision, by watching my interviews on SBTV, the Small Business Television Network.
- “Are You Right for Franchising?”
In this video franchise coach Dick Rennick provides valuable insight into factors to consider when evaluating YOURSELF as to whether you make a good franchisee. As a franchise consultant Dick has a very unique perspective having built a major franchise system and then rise to the top of the IFA. Dick covers many important aspects of franchising in this video. You will discover right away why people refer to Dick Rennick as "Coach". Dick's video appears immediately after a short commercial. Enjoy! - http://www.sbtv.com/Topics/1029
- “Independent Business vs. Franchising”
In this video franchise expert Dick Rennick discusses the potential of converting your existing business into an existing franchise. OR converting your business into your own franchise system as a franchisor. Coach Rennick discusses the important things to consider including State and Federal Regulations, required documents, and the infrastructure you need to succeed. Dick has a great knowledge base of franchise evaluation and development. He also bullet points the pros and cons of franchising and answers the obvious question "Where do I start?". - http://www.sbtv.com/Topics/1036
- “Best Ways to Search for Franchises”
In this video franchise start up consultant Dick Rennick discusses the best way to search for a franchise. He provides details about the best franchise trade shows. He goes into great detail about what you should do as a person looking at franchising for the first time. He provides you with the right questions to ask. He also gives you a list of what YOU should expect to be asked from the franchisor. His insights into "due diligence" are based on many years of being in a leadership position in franchising. Enjoy this video. It is a "must see" video prior to going to your first franchise expo. - http://www.sbtv.com/Topics/1030
- “Franchising Costs: How Much Money Do You Need for a Franchise?”
Dick discusses what to expect as far as franchise costs to start up a new franchise. He gives details about the average investment required and how to capitalize your new franchise. Mobile versus bricks and mortar concept are explained in the video. Dick gives you the pitfalls to watch out for when making your decisions. - http://www.sbtv.com/Topics/1034
Today's economy has led to many couples considering a "mobile franchise" where they bring the service to you like home care, screen repair, window washing etc. It is a great concept to consider and franchise expert Dick Rennick points out all the ins and outs to consider. Hopefully when you watch these videos you will experience Dick's care and consideration about your best interests. It is what sets him apart. - http://www.sbtv.com/Topics/1038
- “Franchise Opportunities for Baby Boomers”
20% of all Baby Boomers will try to start their own business and will be considering franchising. Franchising is especially attractive to this age group. Baby Boomers want to stay active and get involved with business concepts that allow for a quick ramp up. Franchising is perfect and Dick shines the light on what to keep in mind as a Baby Boomer. - http://www.sbtv.com/Topics/1031