Should You Buy a Franchise Business? An Interview with David Barnett

Should You Buy a Franchise Business? An Interview with David Barnett

April 27, 2022 Off By DorkyMuch



David Barnett is an investor and author of a new book, Franchise Warnings.

In this interview, Barnett shares some of his experiences after spending several years as a business broker and having sold many franchises. Barnett has given advice to franchisors, helped existing franchisees sell their business and helped people buy new franchise locations.

In this interview, you will learn:

– What’s the real difference between a franchise and an average start-up small business?

– Do franchises really provide better odds of success for the average entrepreneur?

– How do you go about buying a franchise?

– How easy is it to sell a franchise?

Barnett explodes the myth that buying a franchise is an easy way to business success and explains that when you purchase a franchise you don’t really “own” the business, instead you are “renting” the business. As a franchise buyer, you are a tenant and the franchisor is the landlord.

Barnett’s new book, Franchise Warnings, is filled with information that you need to know before you invest your money into a franchise business.


This is an excerpt from the Follow the Money Weekly podcast hosted each week by economist and author, Jerry Robinson.

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