Buy a Winning Franchise
3.5 (19 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
1,128 students enrolled
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Buy a Winning Franchise

Own the Right Franchise for You in 100 Days
3.5 (19 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
1,128 students enrolled
Last updated 2/2017
English
Current price: $10 Original price: $30 Discount: 67% off
5 hours left at this price!
30-Day Money-Back Guarantee
Includes:
  • 4.5 hours on-demand video
  • 8 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Follow a roadmap to buy the right franchise for you match franchises to your unique situation, evaluate opportunities, arrange financing, and pick and buy the winning choice.
  • Match franchises to your unique situation
  • Evaluate different franchise opportunities quickly
  • Manage your emotions through the process
  • Arrange financing
  • Reduce the risks with buying a franchise
View Curriculum
Requirements
  • No particular materials or software is need.
Description

Dream of owning your own business? Considering a franchise as the path to being your own boss?

Franchises can be an excellent way to take control of your life and finances. 

Our roadmap, Buy a Winning Franchise, will dramatically increase your success and save lots of time.

Most people fail to complete the process. They get lost or fail to muster the courage.

The Buy a Winning Franchise online course will be your jungle guide: 

  • Getting ready emotionally 
  • Finding franchise opportunities
  • Evaluating franchises
  • Securing financing 
  • Navigating legal documents
  • And much more ....

The course takes 6 hours to complete, with 4.5 hours of videos plus hands-on activities to get you on your path to success.

The instructors are industry veterans and serial entrepreneurs, Mark Dresdner and Clark Love. They have owned several businesses and will be your guide, bring you their real world, practical franchise experience.

Act now! Sign up for this course and drastically lower your risk and increase your chances of creating the financial and lifestyle freedom you crave.

Buy a winning franchise in 100 days.

Who is the target audience?
  • Wants to own their own business
  • Seeks the lifestyle and financial freedom from being the owner
  • Is trying to decide if a franchise is right for them
  • Wants to ensure their business is a good fit for their unique dreams, personality, and skills
  • Wishes to minimize the risks with investing in a franchise
  • Wants to have a clear roadmap to find their franchise quickly
Compare to Other Franchising Courses
Curriculum For This Course
44 Lectures
04:31:24
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Start Here
1 Lecture 06:01

Learn about the Buy a Winning Franchise roadmap to finding, buying, and owning the right franchise for you.

Preview 06:01
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Getting Emotionally Ready for Success
4 Lectures 21:24

Explore why you would want to be a business owner. 

Preview 06:32

Emotions can cause havoc on your search for a business opportunity. It can cloud your decision making and undermine your progress. Learn how to use your emotions to your advantage. 

Handling Emotional Balls and Chains
07:46

Use a practical approach to determine what you really want to achieve in life based on what is most important to you. 

Creating Your Personal Vision
04:30

Create a true commitment to move your life forward. Don't let stagnation be your default state. 

Committing To Be Part Of The 1%
02:36
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Finding Franchise That’s Right for You
3 Lectures 23:49

Explore why a franchise is or isn't a good business opportunity for you. 

Why A Franchise
11:37

Gain a clearer view of your passions, goals, and skills. This will help you find a franchise that fits with your unique situation. 

Your Skills, Passions, and Goals
05:42

Download and learn how to use a Franchise Scorecard--a practical and powerful way to objectively evaluate each franchise opportunity. 

Using a Decision Scorecard to Evaluate a Franchise
06:30
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Learning About Franchise Opportunities
15 Lectures 38:33

Introduction to the different ways to learn about the many franchise opportunities available. 

Introduction to Franchise Opportunities
00:19

Discover the different online franchise directories so you find many franchises that you didn't know existed. 

Online Directories
01:53

A demonstration to help you unleash the power of online franchise directories. 

Online Directories Demo
02:35

A recap and advice for using online franchise directories. 

Online Directories Summary
00:55

To make an informed decision, you need quality data.  The franchiser will provide you some of this data, and you can pull some data from online franchise directories.  However, you will need to develop your own data set to support a truly informed decision.  We will walk you through accessing several little-known resources that will help you build a rich data set to support your decision making and analysis.

Deep Data - Building a Robust Data Set
04:51

We will show you how to use FREE public websites to get access to Franchise Disclosure Documents (FDDs), which are loaded with information you can use to better analyze the franchises you are considering.  

Deep Data Demo 1 - Getting Access to FDDs
01:36

We will walk you through an alternative website you can use to download FREE FDDs to help you in your analysis.  

Deep Data Demo 2 - Getting Access to FDDs
02:35

Once you get access to the FDDs you need, you will need to go through them and pull out important data.  We will walk you through this and show you exactly how to pull out important data that will help you make a better decision.  

Deep Data Part 2 - Extracting Data from FDDs
00:54

In this demo we walk you through how to locate and extract a list of current franchisees.  You can use this information to contact and interview franchisees, which will inform your decision making process. 

FDD Demo 1 - Listing of Franchisees
01:12

We will walk you through analyzing the franchiser financials provided in the FDD.  We will show you where the financials are located and how to review them.  

FDD Demo 2 - Financials
02:40

We will walk you through reviewing an example FDD and extracting the information needed to determine if the franchise has positive or negative momentum.  If the number of openings is greater than the number of closings then it has positive momentum.  

FDD Demo 3 - Franchisees Opening vs. Closing
01:26

We summarize the information that can be pulled form FDDs and provide other resources that can be used to get access to FDDs.

Deep Data Summary - Accessing and Using FDD Extracted Data
01:38

Discover the trade show options to learn about franchise businesses. 

Trade Shows
00:52

Find out about franchise brokers and how they can guide you. 

Franchise Brokers
05:26

Find out about franchise consultants and how they can guide you. 

Franchise Consultants
09:41
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Evaluating Franchises
9 Lectures 55:08

Learn how to make the most of validation calls with the franchisor. Download the List of Questions to give you ideas for your calls.

Introductory Calls with Franchisors
13:03

Get familiar with the layout of a Franchise Disclosure Document (FDD) and download the FDD Map. 

Navigating the Franchise Disclosure Document
02:52

Deep dive into the Franchise Disclosure Document. 

Understanding an FDD - Part 1
05:00

Deep dive into the Franchise Disclosure Document continued. 

Understanding an FDD - Part 2
05:57

Deep dive into the Franchise Disclosure Document continued. 

Understanding an FDD - Part 3
10:25

Deep dive into the Franchise Disclosure Document continued. 

Understanding an FDD - Part 4
06:27

Learn how to make the most of validation calls with existing franchisees. Download the Financial Model Template (an Excel file) to take most of the heavy lifting out of your financial modeling to predict the money side of a franchise. 

Interviewing Franchisees
04:43

Explore the different advisors that can be part of your team as you look for and buy a franchise. 

Advisors to Consider
04:13

Get a deeper understanding of the different ways you can do online research to determine if a franchise is right for you. 

Online Detective Work
02:28
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Arranging Financing
10 Lectures 02:00:56

Introduction into the different financing options for you to consider. 

Introduction to Financing
02:53

Determine if financing - using someone else's money - is right for you. 

Should You Consider Financing
17:10

Learn how to prepare your personal financial statement (PFS) to support your applications for financing. 

Personal Net Worth and Your Personal Financial Statement
11:44

Get prepared to create an effective business plan to communicate to a finance company, such as a bank, why they should lend to you. Download the example business plan to give you ideas. 

Business Plans
11:10

Become familiar with bank loans, including Small Business Administration loans. 

Bank Loans and SBA Loans
15:28

Explore the option of financing from friends and family. 

Friends and Family Financing
16:23

Understand the option of franchisor financing, if it is available. 

Franchisor Financing
12:40

Evaluate different alternative financing choices to see if any makes sense for you. 

Alternative Financing Options
14:10

Learn about lease financing options. 

Lease Financing
07:39

Evaluate the various financing choices to see which ones make the most sense, given your situation. 

Choosing a Financing Option
11:39
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Franchise Area Development Agreements
2 Lectures 05:33

Gain a general understanding of franchise and area development agreements. 

Introduction to Franchise and Area Development Agreements
03:54

Be prepared to be able to evaluate attorneys, so you can pick one that is best for you. 

Choosing an Attorney
01:39
About the Instructor
Mark Dresdner
3.5 Average rating
19 Reviews
1,128 Students
1 Course
Award Winning Franchisee, Serial Entrepreneur, MBA

Mark Dresdner is an award winning Office Evolution franchisee. He brings a broad set of entrepreneurial experiences. Mark is a hands-on entrepreneur with experience spanning startups to Fortune 500 firms. He has been a startup CEO, worked as a management consultant at Accenture, led revenue strategies globally at Starwood Hotels and at a $1B aviation company, and guided growth at a portfolio companies held by private equity and venture capital firms. He earned a Bachelor of Engineering from the University of New South Wales, Australia (Valedictorian) and an MBA from the Kellogg School of Management, Northwestern University (Beta Gamma Sigma). 

Clark Love
3.5 Average rating
19 Reviews
1,128 Students
1 Course
CEO, Serial Entrepreneur, MBA

Clark is an accomplished entrepreneur and executive that thoroughly understands how to launch a new venture and push it from concept to thriving business.  Clark is currently the CEO of BHN, LLC, a medical diagnostics company specializing in turnkey diagnostic solutions for clinics and hospitals throughout the U.S.  Clark also has numerous other business interests and is an active investor in new ventures.

Clark has launched several new businesses throughout his career, being involved in his first startup in 1995.  Since then his has perfected his understanding of what is required to be a successful entrepreneur.  

Clark received an mechanical engineering degree from the University of Mississippi and an MBA from the Kellogg School of Management.