When one is looking at a franchise it is important that one do the research so that they know what they are getting into. A little homework at the beginning will avoid surprises down the road. You ... more



Choosing a Great Franchise Location
Posted by: Admin Post on September 30, 2009
Author: Jeff Elgin

Tips to help you select the best spot for your new business.

The topic of finding a good location and then negotiating a favorable lease is one that all franchisees face when they are in a ... more



Should I Hire a Franchise Attorney?
Posted by: Admin Post on September 30, 2009
Author: Don Daszkowski

In becoming a franchisee, you are about to invest a large portion of your valuable time and money as a new business owner. Therefore, you should make sure that you are doing everything possible to ... more



Senior Care Franchise Opportunities Are Hot
Posted by: Admin Post on September 29, 2009
Author: Michiel Van Kets

Owning a franchising business can offer you brand awareness, trustworthiness and consistency that can take years to build up for any new business. It can be one of the easiest and most successful m... more



Critical Franchise Questions That Must Be Answered
Posted by: Admin Post on September 29, 2009
Author: Nazir Daud

When investigating a franchise opportunity, many people make several very basic mistakes, based on common assumptions or misconceptions. If you are looking into this possibility, whether you have f... more



A Checklist of Questions to Answer Before You Buy A Franchise
Posted by: Admin Post on September 28, 2009
Author: Isabel M. Isidro

Franchising is booming. Here are the right questions to ask when evaluating franchise opportunities.
 
Franchise businesses such as Wendy's, McDonald's and Jack-In-The-Box are boomi... more



Reasons to Buy a Franchise and Top Issues to Consider When Buying
Posted by: Admin Post on September 27, 2009
Author: Stephen Eastham

So you want to be your own boss? Well you should know that 90-95% of most independent small businesses fail in the first 5 years. One of the key reasons for business failure is lack of capitalizati... more



Interview With a Prospective Franchisee
Posted by: Admin Post on September 27, 2009
Author: Shelley Pearson

Name: Carina Mäkelä

Professional background: Research & Marketing (private and NFP sector).

This is an interview with a lady who has done her homework in investigating... more



Costs of Buying a Franchise
Posted by: Admin Post on September 25, 2009
Author: Franchise Business Buyer's Guide

Buying a franchise is a major investment. You should expect to draw on almost all of your financial resources and/or take on additional lines of credit. Before start talking to franchisors, have th... more



Disagreeing With Your Franchisor
Posted by: Admin Post on September 24, 2009
Author: Kay Marie Ainsley and Michael H. Seid

Know your rights--and limitations--in disputes with franchisors.

Q: I'm a franchisee of a retail specialty chain. For the past three months, I've been selling a new product I found through ... more



Why Franchising Attracts Women Entrepreneurs
Posted by: Admin Post on September 24, 2009
Author: Kim Ellis

Have you ever wondered what it would take to leave the corporate world behind and own your own business? Are you tired of being the go-to girl, a small fish in a big sea, earning money for someone ... more



Benefits and Drawbacks of Franchising
Posted by: Admin Post on September 23, 2009
Author: Franchise Businesses Buyer's Guide

The primary benefit of franchising is that it leverages the brand and experience of a successful business concept, while the main drawback is the tight control franchisors exert over their franchis... more



Be Careful Buying a New Trendy Franchise Opportunity
Posted by: Admin Post on September 23, 2009
Author: Lance Winslow

Many franchise buyers want to get in on the ground floor of the hottest new franchise that is available. They see that the company is selling the franchises like hotcakes and they want to get in be... more



Thinking About Starting a McDonald's Franchise?
Posted by: Admin Post on September 21, 2009
Author: Jenn Lawlor

Product recognition has never been more important than it is now. And this includes the restaurant and food services industries. Statistics show that, come mealtime, fast food is the first choice o... more



History Of Franchising: Franchising In The Modern Age
Posted by: Admin Post on September 21, 2009
Author: Kerry Pipes

A proven business model that has stood the test of time
Franchising really began to blossom in the post-war 1950s and 1960s. Franchisors of convenience goods and services seemed to be popping ... more



Why Choose Franchising?
Posted by: Admin Post on September 21, 2009
Author: Eddy Goldberg

"Franchising works by combining the drive and energy of the entrepreneur with the experience and expertise of the franchisor."

This wonderfully concise description of franchising comes cour... more



Key Characteristics of Successful Franchise Owners
Posted by: Admin Post on September 18, 2009
Author: Kim Ellis

The thought of being your own boss can sound pretty wonderful to someone tired of working 50 to 60 hours a week to make money for some impersonal corporation. And there is probably no better way to... more



Will Franchisors Choose You?
Posted by: Admin Post on September 17, 2009
Author: Franchise Business Buyer's Guide

An important aspect to consider when talking to potential franchisors is that they are evaluating you, as well. While you are paying hefty fees for the right to use their name, they are entrusting ... more



Choosing From Many Franchises
Posted by: Admin Post on September 17, 2009
Author: Franchise Business Buyer's Guide

Buying a franchise opportunity from a company with a track record of success is no guarantee that your particular franchise will succeed. Before making your decision, you need to research the indus... more



How Franchisees Can Promote Positive Franchise Relations
Posted by: Admin Post on September 16, 2009
Author: Ed Teixeira

Virtually every article dealing with the promotion of positive franchise relations places the responsibility upon the franchisor.

In an effort to maintain positive relations with its franch... more



Choosing A Service Franchise
Posted by: Admin Post on September 15, 2009
Author: Kerry Pipes

Anyone seriously considering the purchase of a franchise will ultimately have to decide if a "service" franchise or a "retail" franchise is a better fit. It's an important distinction in terms of b... more



7 Points of Advice When Buying an Existing Franchise
Posted by: Admin Post on September 14, 2009
Author: Ted E. Sanders

When buyers choose to purchase an existing franchise they can enjoy the benefits of regional or national recognition as well as a history of revenues and profits from the location. Buying an existi... more



Legal Issues and Tax Considerations for Franchisees
Posted by: Admin Post on September 14, 2009
Author: William A. Price

Buying and operating a Franchise is different than most of the other purchase or investment decisions you will make in the course of your lifetime. You are getting a business that you will run usin... more



Three Reasons a Franchise Business May Be Right For You
Posted by: Admin Post on September 12, 2009
Author: Aldar Nagy

Many people who have decided to go into business for themselves recognize that they do not have all the skills and experience they need to get started on their own. Others are not willing to risk t... more



The Franchise Agreement
Posted by: Admin Post on September 12, 2009
Author: Kerry Pipes

You've just finished attending Discovery Day and you like what you've witnessed in this final installment of the franchise courting process. You've decided this is the franchise for you. You sit do... more



Site Selection: Choosing The Best Location
Posted by: Admin Post on September 10, 2009
Author: Eddy Goldberg

How can you talk about site selection without mentioning "location, location, location"? There, we did it. Now, let's dig deeper.

(Note: This is targeted to franchisees who need a retail st... more



Ozarks-Based Franchisors Say Licensing Business Isn't for the Faint of Heart
Posted by: Admin Post on September 10, 2009
Author: Matt Wagner

Becoming a franchisor falls squarely in the realm of business strategies that aren't for the squeamish, yet a handful of Ozarks companies have mastered the art of franchising - with the occasional ... more



Life Experiences Form Entrepreneurs
Posted by: Admin Post on September 8, 2009
Author: Jeff Cornwall

I still get asked what seems like an age-old question: Are entrepreneurs born or made?

Let me start by making it clear that entrepreneurship is not in our genes. While some have tried to de... more



Multi-Unit Franchises Provide Opportunity in Time of Uncertainty
Posted by: Admin Post on September 7, 2009
Author: Franchise Update Media Group

Multi-Unit Operators Are New Majority in Franchising and Private Equity Firms Are Now Major Source for Funding

SAN JOSE, Calif., May 28, 2009 - Franchise Update Media Group (FUMG), the lead... more



Do Ex-Execs Make Good Franchisees?
Posted by: Admin Post on September 5, 2009
Author: Jeff Elgin

One of the most significant trends in franchising over the past 15 years is the emergence of ex-corporate executives as new franchisees. This trend began in earnest with the downsizing of the early... more



Why Buy A Service Franchise?
Posted by: Admin Post on September 5, 2009
Author: Ray Haiber

As a franchise sales consultant and an individual who grew up with a franchise business (my family owned a Dunkin Donuts for over 2 decades) I am often asked what type of franchise business I would... more



Buying a Franchise After 55
Posted by: Admin Post on September 4, 2009
Author: Jeff Elgin

It used to be that when someone turned 55, he or she was considered on the downhill slide into retirement. But today, 55 is the new 35. People in their 50s now realize they’ve got a lot left ... more



Proper System and Tools Save Franchise Support Time and Expense
Posted by: Admin Post on September 3, 2009
Author: Sue Bartman

As any franchise organization grows and develops, it's critical to maintain adequate levels of support, in all forms, to both new and existing franchisees.  While franchise management can offe... more



Investigating Franchise Offerings
Posted by: Admin Post on September 3, 2009
Author: Reprinted from the Federal Trade Commission's A Consumer Guide To Buying A Franchise

Before investing in any franchise system, be sure to get a copy of the franchisor's disclosure document. Sometimes this document is called a Franchise Offering Circular. Under the FTC's Franchise R... more



Franchises - What's The Exit Strategy?
Posted by: Admin Post on September 2, 2009
Author: Dennis Schooley

At an International Franchising Symposium in London, Peter Holt made the bold statement to his audience of Franchisors that they needed to understand that their business would fail, and in fact all... more