How Franchising Works
Learn what you really buy when you buy a franchise: the two sides of the deal, the playbook, the three main fees, the FTC's three-part test, how licenses and business opportunities differ, and why franchises can still fail.
850 University
How franchising works, reading the disclosure document, choosing a brand, the franchise agreement, paying for it and franchising your own business.
Learn what you really buy when you buy a franchise: the two sides of the deal, the playbook, the three main fees, the FTC's three-part test, how licenses and business opportunities differ, and why franchises can still fail.
Learn how to read a Franchise Disclosure Document: the 14-day rule, the 23 items, the money in Items 5 to 7, earnings claims in Item 19, the people to call in Item 20, the franchisor's lawsuits, bankruptcies, and finances, and the states that add registration.
Learn how to choose a franchise that fits you: match it to your money, skills, and life, call current and former franchisees, read Items 11 and 12 on training and territory, spot red flags, and ask brokers who pays them.
Is Buying and Running a Franchise free on 850 University?
Yes β 7 of 7 lessons in this course are free with an 850ai account. Watch on YouTube anytime; create a free account to take quizzes and track progress.
How many lessons are in Buying and Running a Franchise?
This course includes 7 short video lessons, each followed by a quiz when you learn inside the 850ai app.
Can I dispute errors on my credit report after this course?
850 University teaches the concepts; 850ai can analyze your credit report and generate dispute letters when you are ready. Start free at my850.ai/landing.
Learn the strategy here, then let 850ai analyze your credit report and generate dispute letters tailored to your accounts.
Learn how to read a franchise agreement before you sign: Item 17 as your map, term and renewal, how the deal can end, selling and the right of first refusal, non-competes and required suppliers, the personal guarantee, dispute terms, and why "standard" doesn't mean "just sign."
Learn how people pay for a franchise: budgeting for Item 7's total, the franchisor's money minimums, SBA-backed loans, other funding options, ROBS, and why a cash reserve matters.
Learn what the first stretch of running a franchise looks like: the time from signing to opening, training, royalties paid on sales, a worked monthly example, running by the manual, multi-unit deals, and planning your exit.
Learn what it takes to franchise your own business: proving the concept, protecting the trademark, the FDD and its updates, audited financials, state registration, what it can cost, the operations manual, and a franchisor's legal duties.