One model of business ownership is franchising, in which an entrepreneur enters in to a legal contract and invests in ownership with a company that is already established in other locations. There are many benefits to this model of business ownership, not the least of which is the success record the franchise has with other locations. But there are also pitfalls to consider and avoid.
Any potential business owner considering investing in a franchise should seek the advice of an ethical, experienced franchise consultant. A consultant can match the interest of the business owner with the right businesses looking for new franchisees. A consultant can also negotiate the potential danger zones and coordinate the best arrangement for all parties in this legal transaction.
Dayton Metro Library has an established relationship with William (Bill) Powell, a franchise consultant with FranNet. Bill will be on hand Monday, July 11 at Trotwood Branch Library to present “Is Business Ownership for You?” and to answer questions about franchising.
Bill’s FranNet website also contains a wealth of information, including videos and webinars. The website can be accessed here.
Ohio Business Portal
Starting a Business in Ohio
Dayton Minority Business Assit. Center
The US Small Business Administration
Dayton Area Chamber of Commerce
Dayton Chamber Events"
Ohio Small Business Development Centers
- At The Entrepreneurs Center
- At Wright State University
Try our Business Databases