Скачать или смотреть Build Your Franchise Team Before You Buy

Before you step into franchise ownership, you need the right team around you. Just like a football franchise builds its roster during preseason, future business owners need to bring the right people onto their team long before signing any agreement. In this video, Terese McGroarty from FranNet of Northern Ohio explains the four essential players you should have beside you when exploring franchise ownership.

Terese shares how an experienced franchise consultant acts like a coach or quarterback — someone who understands franchisors, business characteristics, and how your strengths match specific franchise models. She guides you through the educational process so you can make a confident, well-informed decision instead of guessing your way through it.

You’ll also learn why a great banker is a key part of the process. They help you explore funding options, including SBA loans, 401(k) rollovers, and self-funding. The right banker explains every path clearly so you choose the one that supports both your goals and your long-term financial health.

Next, Terese explains the role of a franchise attorney. While they can’t negotiate royalties or core financial terms, they can make sure you fully understand your agreement, your responsibilities, and how you can exit the franchise if you ever choose to. Their job is to protect you by translating legal language into practical guidance.

Finally, an accountant helps you choose the right business entity, understand tax benefits, and maximize deductions — especially in year one, when equipment and startup costs can create meaningful tax credits. Setting things up properly can be the difference between a rough first year and a strong financial start.

If you’re exploring franchise ownership, this team approach gives you clarity, confidence, and support every step of the way. Tap the QR code or reach out to Terese to begin the process the right way — with a trusted advisor leading your team.

#Franchising #FranNet #BusinessOwnership #FranchiseAdvisor #Entrepreneurship #CareerPivot #SmallBusiness #FranchiseConsulting