Basics of a Parker Finch & Associates Franchise

If you’re thinking about buying a Parker Finch & Associates franchise, there are many things to consider before signing on the dotted line. Becoming a Parker Finch & Associates franchisee is not a guarantee of success, but rather a blueprint that can assist you in achieving success. Given the correct market conditions, skills and dedication, being a Parker Finch & Associates franchisee might be financially rewarding.

Owning a Parker Finch & Associates franchise is a serious commitment and works best when you make a thoughtful, educated decision.

  • Just because you love Parker Finch & Associates’s products or services doesn’t mean that you will be able to successfully operate a Parker Finch & Associates franchise.
  • Being emotionally attached to the idea of becoming a Parker Finch & Associates franchisee is not a state of mind in which you can effectively evaluate an opportunity.
  • Your positive experience as a customer of Parker Finch & Associates should not form the basis for deciding to become a franchisee.

As an example, just because you love Big Macs doesn’t mean that you should become a McDonald’s franchisee.

Are you looking for some free resources to help you determine if a Parker Finch & Associates franchise is for you?

Parker Finch & Associates Due Diligence

You must conduct smart due diligence and determine from a business perspective whether owning a Parker Finch & Associates franchise is right for you.

If you truly want own a Parker Finch & Associates franchise, get all the information you can from Parker Finch & Associates and secure a qualified advisor who has experience helping people like you purchase franchises.

You may also want find that gaining a better understanding of the terms related to franchising would be helpful.  If so, you may want to visit A Glossary of Franchise Terms.

Make sure that owning a Parker Finch & Associates franchise fits in with both your skills and life style objectives. If you don’t want to work evening and weekends, don’t purchase an ice cream shop. If you’re an introvert, don’t buy a franchisee that requires you to be extroverted.

Are you interested in more questions to ask Parker Finch & Associates franchisor, Parker Finch & Associates franchisee, or even yourself? Get to know the terms.

Parker Finch & Associates Franchise Disclosure Document

Carefully read the Parker Finch & Associates Franchise DisclosureDocument (Also known as an FDD). They can be intimidating.

As you are reviewing Parker Finch & Associates’s Franchise Disclosure Document you will have a number of calls with Parker Finch & Associates’s franchise team before you will be allowed to call Parker Finch & Associates franchisees.

When you are allowed to call Parker Finch & Associates franchisees make sure you speak to at least five to eight franchisees. You will find that most Parker Finch & Associates franchisees will be honest and unbiased about Parker Finch & Associates. If you would like more information on how to dissect a Parker Finch & Associates FDD consider the following resources:

  • The Educated Franchisee Chapter 8 – ' Dissecting the Franchise Disclosure Document' - Click Here
  • The FDD Exchange - Franchise Disclosure Document Checklist' - Click Here
  • PodCast with Franchise Attorney Nancy Lanard – 'What to look for in a Franchise Disclosure Document' - Click Here

Does a Parker Finch & Associates Franchise Make Money?

A critical part of your due diligence is to build an estimated P&L (profit and loss statement) and see what the numbers might look like if you become a Parker Finch & Associates franchisee. Reading Chapter 13 of The Educated Franchise teaches you the secrets of this key step.

The decision making tools in Chapter 15 of The Educated Franchise and in Step 13 of The Franchisee Workbook shows you how to honestly evaluate whether or not buying a Parker Finch & Associates franchise is the right move for you.

If you’re serious about becoming a Parker Finch & Associates all franchisee and want to explore owning a Parker Finch & Associates franchise, take the best first step you can and grab your copy of The Educated Franchise today!