Posted on November 10th, 2010 by Lisa
The National Minority Franchising Initiative (NMFI) has compiled its annual list of the “50 Top Franchises for Minorities.” The results were featured in the November 5th issue of USA TODAY in the Franchising Today section. A copy of the article with the list can be found here. For a list of the companies only, please [...]
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Filed under: About Franchising, Franchise News, WF News | 3 Comments »
Posted on December 19th, 2008 by Sebastien
The following is a guest post by Scott Kern, with Franchise Law Source.
Credit is tight. Prospective franchisees are finding it difficult to secure loans. Even the Small Business Administration Section 7 Guaranteed Loan is hard to come by in this environment. Despite the government’s guarantee of the largest part of the loan [...]
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Filed under: About Franchising, Franchise Financing | 2 Comments »
Posted on October 30th, 2008 by Sebastien
Terry Dunn wrote a good post on his franchise blog about how franchising seems to be a safer bet than starting your own business during these tough economic times.
Depending upon your source of information, we are headed into a recession or a depression or even a catastrophic cessation of all business activities. By any definition, [...]
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Filed under: About Franchising, Buying a franchise, Franchise Talk | 11 Comments »
Posted on October 24th, 2008 by Sebastien
You have to always aim at having a better franchise business operation by seeking to improve your methods and making them as efficient as possible especially at the level of your outlets. This is important in all businesses in modern times but especially in a franchising organization. The ultimate secret that will enable you to [...]
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Filed under: About Franchising, Franchise Advice | 2 Comments »
Posted on October 21st, 2008 by Sebastien
When you’re going into the fiercely competitive world of franchising, you have to understand that you’ll basically be walking into a battleground. There are hundreds just like you everywhere, who could not be happier than when they see you fail. In the world of franchising there are customers to win, market shares to possess and [...]
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Filed under: About Franchising, Franchise Articles, Franchise Talk | 5 Comments »
Posted on October 20th, 2008 by Sebastien
New franchise law blog FranchiseLawyerBlog.com is starting a series of posts about how to develop a franchise system. Although our blog is mostly focused on potential franchise buyers, I thought it would be interesting to see what’s happening on the franchisor’s side. As a potential franchisee, you must know that if sometimes a franchise opportunity [...]
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Filed under: About Franchising, Franchise Talk | 30 Comments »
Posted on October 16th, 2008 by Blair
As a new franchisee, you have probably been working for months to get to the point of opening your franchise for business. You have undoubtedly put a lot of hard work and money into researching and selecting the best franchise opportunity for you, figuring out how to finance it, being trained by the franchisor, and [...]
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Filed under: About Franchising, Franchise Advice, Franchise Articles | No Comments »
Posted on October 9th, 2008 by Blair
A franchise can be a good option if you are thinking about starting your own business. Franchises are considerably less likely to fail than independent businesses because they benefit from name recognition and a proven business model. But if you are thinking about buying a franchise, remember that it is not foolproof. There [...]
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Filed under: About Franchising, Buying a franchise, Franchise Advice, Franchise Articles | 1 Comment »
Posted on October 9th, 2008 by Blair
When you buy a franchise, if you haven’t already owned your own business before, you probably have to make the difficult transition from working for someone to having people working for you. Being an employee is very different from being the boss. You have to be a good and effective manager in order to gain [...]
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Filed under: About Franchising, Franchise Advice, Franchise Articles | 2 Comments »
Posted on October 9th, 2008 by Blair
Once you have taken the leap and bought a franchise, you may be wondering how you can make that franchise as successful as possible. This will require a lot of hard work on your part. One of the most important things that you can do as a franchisee is be meticulously organized. If you fail [...]
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Filed under: About Franchising, Franchise Advice, Franchise Articles | No Comments »
