Basics of a Velocity Sports Performance Franchise

If you’re thinking about buying a Velocity Sports Performance franchise, there are many things to consider before signing on the dotted line. Becoming a Velocity Sports Performance 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 Velocity Sports Performance franchisee might be financially rewarding.

Owning a Velocity Sports Performance franchise is a serious commitment and works best when you make a thoughtful, educated decision.

  • Just because you love Velocity Sports Performance’s products or services doesn’t mean that you will be able to successfully operate a Velocity Sports Performance franchise.
  • Being emotionally attached to the idea of becoming a Velocity Sports Performance franchisee is not a state of mind in which you can effectively evaluate an opportunity.
  • Your positive experience as a customer of Velocity Sports Performance 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 Velocity Sports Performance franchise is for you?

Velocity Sports Performance Due Diligence

You must conduct smart due diligence and determine from a business perspective whether owning a Velocity Sports Performance franchise is right for you.

If you truly want own a Velocity Sports Performance franchise, get all the information you can from Velocity Sports Performance 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 Velocity Sports Performance 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 Velocity Sports Performance franchisor, Velocity Sports Performance franchisee, or even yourself? Get to know the terms.

Velocity Sports Performance Franchise Disclosure Document

Carefully read the Velocity Sports Performance Franchise DisclosureDocument (Also known as an FDD). They can be intimidating.

As you are reviewing Velocity Sports Performance’s Franchise Disclosure Document you will have a number of calls with Velocity Sports Performance’s franchise team before you will be allowed to call Velocity Sports Performance franchisees.

When you are allowed to call Velocity Sports Performance franchisees make sure you speak to at least five to eight franchisees. You will find that most Velocity Sports Performance franchisees will be honest and unbiased about Velocity Sports Performance. If you would like more information on how to dissect a Velocity Sports Performance 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 Velocity Sports Performance 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 Velocity Sports Performance 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 Velocity Sports Performance franchise is the right move for you.

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