franchising

If you’re interested in franchising, it’s important to understand the law and how it affects franchisees and franchisors. What Is a Franchise? A franchise has several elements that make it a legal franchise even if you don’t want to call it that. Some of those elements are detailed below. The business uses the franchisor’s trademarks … Read more

As a franchisee, you must invest in relationships. Building relationships is the core of any successful endeavor. It doesn’t matter if you’re building a business or building awareness for a cause – relationships will go far. Yes, product and service is important, but you can have less than perfect products but a great relationship with … Read more

If you want to invest in a franchise, then it’s important to follow a process to ensure that you pick the right business opportunity for your needs, income desires, and lifestyle choices. This can take some time, so don’t be in a hurry. After all, this business may take up the next 20 to 30 … Read more

When you are thinking about investing in a franchise, one of the first thing you need to consider is how much you can really afford to invest. The amount you should invest can best be answered by understanding your own finances and how franchising works. You pay a fee to enter into a contract with … Read more

Being a good franchisee takes about the same qualities as being a good business owner of any type. The difference between a completely independent owner and a franchisee is very small and only comes into play when dealing with the franchisor’s rules and ability to drive the direction of your business based on their vision … Read more

There are so many different industries that have a franchise. In fact, there is likely no business model that you can’t find that isn’t already franchised. Once you understand that, your job is to narrow down your choices to fit your passions, your skills, and your community’s needs. In addition, you’ll need to reconcile all … Read more

Understanding how franchising works might take some time. Plus, each franchise has their own way. But essentially, if you enter a franchise agreement you pay for using their business name and processes, and agree to use those things correctly in exchange for owning a business. What Is Franchising? To franchise something, the company allows buyers … Read more

When you are thinking about buying a franchise, there are a lot of factors to consider before making a final choice. You need to know that you’re doing the right thing because it can be very expensive and you probably won’t be profitable on day one. So, you’ll need to be able to keep going … Read more

If you’re thinking of investing in a franchise, it’s important to be sure to keep your money safe. It’s a major investment and you don’t want to do anything to lose your money. Franchising laws are very complex and you’ll need a lawyer to help you understand the details as well. Here are some frequently … Read more