25th August 2010
Item 11 of the Franchise Disclosure Document (“FDD") requires a franchisor to disclose its contractual support obligations to its franchisees. This section outlines pre-opening assistance as well as ongoing assistance. It details the franchisor's training...
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12th July 2010
We reviewed franchise concepts in two of the fastest growing industry segments, home healthcare and personal fitness. Using specific indicators we came up with ten franchises that met our guidelines. Read this article to see the franchises that made the l...
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29th June 2010
Individuals looking to franchise their business should start the process by building a realistic financial model. This article provides a blueprint for franchising a business with an emphasis on the importance of using a realistic and conservative finan...
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29th June 2010
Investing in the right franchise opportunity requires the gathering and analyzing of a great deal of information. Choosing a franchise based upon current or short term trends should not be the criteria. The demand for products or services during the next ...
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22nd June 2010
These simple guidelines can be used to evaluate an existing franchise opportunity. They also represent the foundation to build a successful franchise concept. Follow this list to find important questions and attributes that you should consider when you se...
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15th June 2010
If you're in the process of looking to purchase a franchise you need to perform the proper due diligence. This includes speaking with existing franchisees and using the services of your franchise attorney and financial advisor. To strengthen that process ...
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08th June 2010
In these turbulent economic times, it's become exceedingly difficult for start-up and emerging franchisors to obtain investment capital. Learn about three possible sources of investment capital that might meet your needs.
There are three major invest...
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03rd June 2010
If you're like most franchisees owners there will be a time when you decide to sell your franchise.
This decision will be based upon one or more of the following reasons:
1. You suffer "burnout." The average life span of a small business is four years. ...
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26th May 2010
Learn how to negotiate a franchise agreement and avoid signing a contract that can obligate you to some provisions that may be difficult to meet. Follow these steps and you'll protect yourself from potential problems and disputes.
An individual who sig...
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25th May 2010
Franchisees searching for franchise opportunities have a number of choices. The best approach is to use a combination of these choices. By following this approach a prospective franchisee can increase their probability for finding the ...
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25th May 2010
At some point in time, franchisors will start receiving inquiries from international prospects. For new and smaller franchisors an interest in their franchise from other countries can be flattering. The thoughts of having franchisees in other countries c...
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25th May 2010
When selling new franchises the franchisor should want their prospects to have confidence in their ability to operate the franchise. To achieve this objective, franchisors should provide prospective franchisees the type of information that can lead the pr...
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25th May 2010
When developing a new franchise program, franchisors need to manage the sale of new franchises. Franchises should be sold with a well designed strategy, that reflects the ability of the franchisor to service and support new franchisees. If the franchisor ...
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