Franchising vs. starting your own business in an unfriendly economic environment

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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Franchisees being forced to pay for a variety of expenses?

An article titled “Owners Say Franchisers Are Passing on More Costs” in the Wall Street Journal today highlights how some franchise companies are asking franchisees to pay for expenses that those franchisees were not supposed to pay in the first place.
Why this sudden way of changing “who pays what”? Well, simply because of the economic [...]

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The International Franchise Association wants you to vote

The International Franchise Association created a website called www.FranchisingVotes.com to help the franchising community register to vote and make it to the polls on Nov. 4.
The site includes access to registration requirements and deadlines for every state, information on federal candidates around the country, voting records of current lawmakers in the 110th Congress and the [...]

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What does it take to become a Nuisance Wildlife Professional?

I was playing around on YouTube when I came across this video about A All Animal Control. Wildlife in the home or office can do serious structural damage. Animals destroy electrical wiring, phone, cable, computer lines and security systems. Wildlife can also be carriers of disease such as rabies, distemper and many other serious diseases. [...]

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The Truth About Franchise System Training

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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The art of finding the right franchisee

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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Are franchises safer in hard times?

Franchises are always a good bet as they are supposed to be a safer investment than starting your own business. But are franchise opportunities also safer during these tough economic times? The Times New Zealand has an interesting point of view. I invite you to read the full article, but here is a excerpt from [...]

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Make sure you understand all the legal documents regarding buying a franchise

Ryan Knoll over at FranchisePundit.com posted a link to an interesting article on Canadian newspaper website TheStar.com about the importance of reviewing the legal documents that are given to you before making the life-changing decision of buying a franchise.
Although the article is for potential franchise buyers in Canada, the rules still apply here in the [...]

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Is it Sensible to Buy a Franchise Business If You Have a Tight Capital?

In many cases, there are people considering getting there own businesses up and running and they have the skills to do so. What they lack however, is the proper funding. Many of them may have very little financing to start with, perhaps even less than $20, 000 on hand. Would it be a good idea [...]

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Does Buying a Franchise Mean that You’re Buying a Job?

You may hear some people say that buying a franchise is very similar to buying a job. In some cases, they’re not very far off from the truth. How 7-11 franchises function is a good example of this. Inventory is routinely requested and then paid for by money from deposits, then a check is made [...]

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