How Can I Buy Chick-Fil-A Stock Today
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Introduction: What is Chick-Fil-A?
Chick-fil-A began as the Dwarf Grill when it was founded by Samuel Truett-Cathy in 1946. Over the years, it went through a few name changes, one being the Dwarf House, before finally settling on Chick-fil-A in the late sixties.
Chick-fil-A is famous for its variety of chicken sandwiches. However, the company is the only one to embrace conservative Christian values, which is the reason they are hesitant to sell shares to investors.
Stock or No?
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Truett-Cathy decided early on not to allow investors to purchase shares in his company for fear that they would deter the public and the workers from his core Conservative values. To this day, there is no IPO listed, but there appears to be a vast plethora of franchise ownership opportunities for the famous chain. And that's a bit of a blessing, as the current value of Chick-fil-A stock would be on or around $4.5 billion today.
A franchise in any major chain is just as good an investment as buying stock. And with Chick-fil-A, that can be your best option. There are ways to buy a franchise that is most profitable for you. And the best news is that there is very little responsibility on your part. The company will pay for the building and the equipment needed for daily operations. You can start your initial investment in as little as $10,000 right here in the United States.
Franchise It!
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Buying your franchise is simple. There are a few steps, the first being research. As with any company, you should carefully research Chick-fil-A and determine if its the right franchise opportunity for you. A careful search of the company, its history and reputation are strongly advised. All speak volumes regarding the profits and its reputation among customers. A Google ratings search is highly recommended.
You should select the industry and company you're interested in. If that happens to be Chick-fil-A, then you should begin the application process. Once you've done that, then you will be issued a franchisor disclosure statement that contains important information which needs to be read carefully. You will then go through a brief but intense disclosure period where you sign nothing but simply review all information and ask questions. At this time, visiting an existing franchise is best for getting a feel for the business.
You should then visit the current franchisor to get to know them so that they can help you make the transition. And from there, your final step should be to make a final decision and begin signing the paperwork. At this time, you will most likely need to meet your corporate executive team, as they will be working with you to help you on your journey.
Franchise is Not For Everyone
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While buying a Chick-fil-A franchise sounds appealing and fun, its not for everyone. Owning a franchise means you will have a greater responsibility over a business, your management and employee team. So if you want to invest another way, time-honored stocks are the way to go. There are other chains like McDonald's or Taco Bell. The choices are many.
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