(function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){ (i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o), m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m) })(window,document,'script','https://www.google-analytics.com/analytics.js','ga'); ga('create', 'UA-99108651-1', 'auto'); ga('send', 'pageview'); https://www.sba.gov/business-guide/plan/buy-existing-business-franchise Skip to main content

5 Truths To Outlast The Coronavirus Outbreak | Joseph Prince

<iframe width="480" height="270" src="https://www.youtube.com/embed/0_a-ffZoDsg?clip=
Post a Comment

https://www.sba.gov/business-guide/plan/buy-existing-business-franchise

https://www.sba.gov/business-guide/plan/buy-existing-business-franchise

dont forget special new trainings and learning on the sba websites and several others,  they kiill with pk when we learn

https://www.sba.gov/business-guide/plan/buy-existing-business-franchise

" Any and all existing reports: Now’s the time to put your detective hat on. To start, get a Uniform Franchise Offering Circular (UFOC). This form contains vital details about the franchise's legal, financial, and personnel history."


  • Associated rules and regulations: Every franchise is different. Confirm that you'll have the right to use the franchise name, trademark, and do business in an area protected from other franchisees. You can also find out if you'll get training and management help from the franchisor, and be able to use the franchisor's expertise in marketing and advertising.
  • Contracts: The contract between the two parties usually benefits the franchisor more than the franchisee. The franchisee generally needs to meet sales quotas and buy equipment, supplies, and inventory. Make sure you understand it all before signing.
If you’re interested in buying an existing business, here’s what to look into:
  • Licenses and permits: You'll need to get any needed licenses and permits from the current owner or apply for them yourself. Find out which federal, state, and local permits and licenses you'll need to run your business.
  • Zoning requirements: Zoning requirements may affect your business. Make sure your business follows all the basic zoning laws in your area.
  • Environmental concerns: If you're buying real property along with the business, it is important to check the environmental regulations in the area.
  • The value of the business: There are many different methods to determine a fair price for the sale of the business. Here are a few:
    • Capitalized earning approach: This method refers to the return on the investment that the investor expects.
    • Excess earning method: Like the capitalized earning method, except it separates return on assets from other earnings.
    • Cash flow method: This method is typically used to determine how much of a loan the business' cash flow can support.
    • Tangible assets (balance sheet) method: This method values the business by the tangible assets.
    • Value of specific intangible assets method: This method compares buying a wanted intangible asset versus creating it. "




Comments

Post a Comment

Popular posts from this blog

Club Chaos Inc. does stand, it does earn profits, its annual meeting did occur by the date necessary. A few things to get out of the way. 1.  Gay =  " I am not" nor may I be punished or abused or have my life threatened or destroyed for it, especially if I am not. Written By: The Editors of Encyclopædia Britannica Last Updated: 9-12-2017 Homosexuality , sex ual interest in and attraction to members of one’s own sex. The term gay is frequently used as a synonym for homosexual; female homosexuality is often referred to as lesbianism . At different times and in different cultures , homosexual behaviour has been variously approved of, tolerated, punished, and banned. Homosexuality was not uncommon in ancient Greece and Rome , and the relationships between adult and adolescent males in particular have become a chief focus of Western classicists in recent years. Judeo-Christian as well as Muslim cultures have generally perceived homosexual ...
Post a Comment
Read more

Stay Legally compliant

https://www.sba.gov/business-guide/manage-your-business/stay-legally-compliant   Stay legally compliant Keep your business compliant with state and federal business laws. Your legal responsibilities will depend on your business and location. Content For your own records: internal requirements Ongoing state filing requirements Ongoing federal filing requirements Maintain licenses, permits, and recertification For your own records: internal requirements You’ll need to meet external and internal business compliance requirements. Most external requirements involve filing paperwork or paying taxes with state or federal governments. Internal business requirements are for your own record keeping. You should document your compliance with internal requirements closely with company records. You might need them when you decide to  sell your business  or if a legal action is taken against your business. Requirements by business structu...
Post a Comment
Read more