Richard Parker Discusses Buying Franchises with Lance Hood of Success Insiders Millionaire`s Club

Released on: April 28, 2008, 1:11 am

Press Release Author: Success Insiders

Industry: Financial

Press Release Summary: It seems that when it comes to business ownership one of the
first ideas that come to mind is purchasing a franchise. There are franchises all
over the country. How can someone be sure to purchase the right franchise?

Press Release Body: During a recent interview with Richard Parker, business owner
and consultant, Lance Hood discovered great information for a potential business
owner to learn about the advantages and disadvantages of buying a franchise.
Statistics show that a franchise opens up every eight minutes in America. A
franchise has been defined by an industry expert as a glorified startup business;
records show that 86% of startups fail within the first five years.

Richard goes on to explain, "I don't want to be misleading; Franchises really do
make sense for some people. If you're cut out to operate a franchise, then don't buy
a new one; buy a resale that is already successful, an existing business with a
proven track record. Customers, employees and suppliers are already in place, cash
is flowing and you have all the benefits of buying an existing business," Richard
explains.

Franchises are typically perfect for people who are able to follow orders. In order
to find successful resales franchisers themselves will disclose this information.
One can also find many websites that offer businesses and franchises for sale.
Richard Lance is a mentor who offers a step-by-step program designed to teach people
how to purchase businesses. In his program, he goes over 25 things that you
absolutely must know about a franchise contract. For example, is the contract
transferable or will the buyer have to enter a new agreement? Is there a limitation
preventing the buyer from owning other franchises or even multiple locations? Will
the franchiser assist in the finance? These questions and many others are covered in
Richard's program.

Lance Hood of Success Insiders Millionaire's Club was so impressed with Richard's
knowledge of business ownership that he made him one of his featured experts. Go to
http://www.successinsiders.com/ to ask Richard Parker questions and get expert
answers.

SuccessInsiders.com is committed to helping people succeed, both personally and
professionally, by providing them with interactive access to an ever growing team of
Millionaires and Experts in wealth creation and personal development. By following
the guidance and strategies, through interviews, expert Q&A, telecoaching and other
resources offered by people who have already succeeded, a person's chance for
success is greatly increased.
Visit a Team of Experts willing to share their Insider knowledge on how to create
wealth in all areas of your life http://www.successinsiders.com/home.html

CONTACT INFORMATION:
Heather Thomas
(641) 715-3900 ext. 7576941
support@successinsiders.com

This Press Release has been submitted by PREasy.com

Research, Investment, Buying Businesses, Business Brokers, Chambers of Commerce,
Making Money, Creating Wealth, Business Skills


Web Site: http://www.successinsiders.com/

Contact Details: Success Insiders
Address: P.O. Box 13402
City: Des Moines
State: IA
Country: USA
Zip : 50310
Phone: (641) 715-3900 ext. 7576941

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