Posted on October 28th, 2008 by Blair
When buying a franchise, one of the greatest tools you have at your disposal is the ability to contact current franchisees. Not contacting them and investigating their opinion of the franchisor thoroughly would be a big mistake. When you contact a current franchisee, you get the opinion and outlook of someone who is in [...]
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Posted on October 23rd, 2008 by Sebastien
If you thought that the only finances you need to come up with in order to set-up your franchise business are the initial franchise fees, you thought wrong. In order to set up your dream business, there are many other finances to think of.
Understand that the initial franchise fee is simply the money you put [...]
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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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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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Posted on October 16th, 2008 by Blair
A potential franchisee should always find out about the history of the franchisor in the territory that they are planning to open their store before entering into a franchising agreement with the company. If the franchisor has previously had a location in the territory that closed or failed for some reason, it will be important [...]
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Posted on October 14th, 2008 by Blair
Choosing to buy a franchise rather than starting your own business can have a lot of advantages, and the franchisor running certain things can certainly simplify your operation. On the other hand, it can also be considerably more complicated in some ways, one of which is the tangle of legal issues that is particular to [...]
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Posted on October 14th, 2008 by Blair
If you have thought about starting your own business by becoming a franchisee, you might be overwhelmed by the options. There are a lot of great benefits to buying a franchise rather than starting a new business, but you might not get to experience those benefits if you are paralyzed by the infinite franchise [...]
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Posted on October 13th, 2008 by Sebastien
Initially, you may be fooled into believing that there’s nothing easier than purchasing a franchise. Well, that’s not entirely true. To begin with, it’s difficult for you to compare between the various franchising opportunities well enough to determine which is the most likely to turn in a profit. As a matter of fact, it’s nearly [...]
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Posted on October 13th, 2008 by Sebastien
If you have future plans for buying a franchise, there are a few things you must consider and be aware of, if you don’t want to see your business crashing down when it’s just barely getting off the ground.
The franchise is first and foremost an industry. That’s why it’s no surprise that like every industry, [...]
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Posted on October 13th, 2008 by Sebastien
The decision of buying a franchise is not an easy one to make and this article hopes to offer you some information that will make things just a little bit less confusing.
Before going into franchising make sure you do your homework. Carefully research the possibilities available to you and consider all the aspects of this [...]
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