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Thought of the Day:

"When a man has put a limit on what he will do, he has put a limit on what he can do." Charles Schwab

Articles posted in October, 2009



Which Fits Your Style - a Traditional Franchise or a Virtual Franchise?
Posted by: Admin Post on October 30, 2009
Author: Judith Dudley


"In 2010 Franchising will be the most successful way of market expansion." - J. Naisbitt

So what fits YOU better - a traditional franchise or a virtual franchise?

If you can say YES... more



It's a Buyer's Market For Franchise Resales
Posted by: Admin Post on October 30, 2009
Author: Bill Bremer


Significant numbers of established franchises are offered for re-sale in the franchise industry. Owners sell for a variety of reasons such as: cashing in for retirement, spouse job relocation, fami... more



Essential Questions When Buying a Franchise
Posted by: Admin Post on October 29, 2009
Author: Tom Sangers


Thinking of buying a franchise, but don't know what you need to know before you go into it? Don't worry; we're here to help with some essential questions that you'll want answered.

There's ... more



The Perfect Fit: Women & Franchising
Posted by: Admin Post on October 29, 2009
Author: Darcie Harris


An interesting combination of factors at this time in history may be the reason so many women are turning to franchising to fulfill their entrepreneurial desires. Women’s increased financial ... more



Starting a New Business Franchise - Why it Makes Sense
Posted by: Admin Post on October 28, 2009
Author: Lisa Jenkins


New franchise opportunities are springing up everywhere, and people are rapidly buying into them. A franchise may definitely provide a great business opportunity with a greater chance of survival t... more



Choosing a Franchise Will Affect Your Life For the Next 5 to 10 Years - Be Clear on Your Reasons!
Posted by: Admin Post on October 28, 2009
Author: Derek O'Dwyer


You have been bitten by the Entrepreneurial bug. You want to start your own business and you are considering purchasing a franchise. Certainly worth considering. There are many great franchises in ... more



Why an Exclusive Territory Matters, and When It Does Not
Posted by: Admin Post on October 27, 2009
Author: Joseph in Franchise Industry


A study by The Institute for Operations Research and the Management Sciences showed that 91% of successful franchises have one common thing written in their franchise agreement: exclusive territory... more



A Consumer Guide to Buying a Franchise: Investigating Franchise Offerings
Posted by: Admin Post on October 26, 2009
Author: Federal Trade Commission (FTC)


Investigating Franchise Offerings

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 Offe... more



A Consumer Guide to Buying a Franchise: Selection & Franchise Expositions
Posted by: Admin Post on October 26, 2009
Author: Federal Trade Commission (FTC)


Selecting a Franchise

Like any other investment, purchasing a franchise is a risk. When selecting a franchise, carefully consider a number of factors, such as the demand for the products or... more



A Consumer Guide to Buying a Franchise: Costs, Benefits and Responsibilities
Posted by: Admin Post on October 26, 2009
Author: Federal Trade Commission (FTC)


Many people dream of being an entrepreneur. By purchasing a franchise, you often can sell goods and services that have instant name recognition and can obtain training and ongoing support to help y... more



Should I Buy a Franchise?
Posted by: Admin Post on October 25, 2009
Author: Rick Riebesell


If you are interested in starting a business and thinking about buying a franchise, it will help your planning to compare the franchise opportunity with the opportunity of starting an independent b... more



Can I Qualify for a Franchise? What You Need to Pass a Franchisor's Test
Posted by: Admin Post on October 25, 2009
Author: franchise.com


Although it may not be immediately evident, a franchise company is under no obligation to award a franchise to just anyone who can afford the franchise fee.

Like any good business, a franch... more



Do the Market Research to Find the Right Franchise
Posted by: Admin Post on October 24, 2009
Author: Joseph in Franchise Industry


When you are starting a franchise, a big part of your due diligence process should be devoted to conducting extensive market research. A thorough market research is mandatory, if you want to become... more



How to Work ON Your Business, Not IN it
Posted by: Admin Post on October 23, 2009
Author: Jason Cohen


We get so caught up in the daily life of running a business, it’s easy to miss the forest for the trees.

Not that you have a choice! You’re fighting fires, handling a pissed-off... more



Canadian Franchise Legislation: Finding the Balance
Posted by: Admin Post on October 22, 2009
Author: Edward (Ned) Levitt


It may surprise some to learn that Canada has had franchise legislation since the early 1970s.   That is when the province of Alberta chose to introduce franchise legislation of the type ... more



Top 5 Food Franchise Business Opportunities For 2009
Posted by: Admin Post on October 22, 2009
Author: Franchise Gator


Food franchises are the iconic picture of a franchise and, believe it or not, have actually been one of the minute few industries that have shown growth during our recent recession. Before you make... more



Women and Minorities Fuel Economic Growth and Franchise Expansion
Posted by: Admin Post on October 22, 2009
Author: Franchise Solutions


From the leadership positions they hold, to the purchasing power they wield, women and minorities play an important role in the overall U.S. economy. Women and minorities have a presence in every i... more



New Business in the Downturn: Desperate Times Do Not Call for Desperate Measures
Posted by: Admin Post on October 21, 2009
Author: Julia Rogers


As a small business owner, you will probably lose some business during the downturn, despite your best efforts, as client companies cut their budgets, shift strategy, or, sometimes, go away altoget... more



Best Practices: Promoting Consistency Within a System
Posted by: Admin Post on October 21, 2009
Author: Margaret McEntire


Consistency lays the foundation and creates expectations, employees, franchisees, vendors and customoers.
      
Promoting consistency within any system is ... more



Best Practices for Taking up the Cause
Posted by: Admin Post on October 20, 2009
Author: Patricia Odell


Given the choice between purchasing a box of Honey Nut Cheerios to help benefit a local school or buying a similar brand offering no such promotion sitting on shelf next door, many people will choo... more



7 Reasons Franchising Is Preferable Over Starting a Stand-Alone Business
Posted by: Admin Post on October 20, 2009
Author: Joseph in Franchise Industry


Franchising is the preferred vehicle for many to join the business world. It has become more important than ever, as the country is undergoing an economic downturn and jobs are being curtailed. Eve... more



Franchising Explained: Business Methods Lead to Greater Success
Posted by: Admin Post on October 20, 2009
Author: Joseph in Franchise Industry


The franchising industry has gotten a lot of notice of late from people who are using the tough economic times to re-evaluate their futures. Perhaps you were laid off from a company where you&rsquo... more



Fashion Sellers Turn Shopping Into an Event
Posted by: Admin Post on October 19, 2009
Author: Susan Carpenter


Retailers large and small are bringing in customers with in-store events: cocktail nights, art shows and movie screenings.

Navin Megji calls it "the thoroughfare" -- a stretch of San Vicent... more



Franchises save money at the Post Office: Following Postal Regulations Can Save Lots of Money
Posted by: Admin Post on October 19, 2009
Author: Joel Vogel


The United States Postal Service offers postage discounts for pre-sorted mail. The problem is finding out which changes are required to qualify for lower rates. The understanding of postal regulati... more



Make Smarter Marketing Bets in 2010: 3 Economic Scenarios for 2010
Posted by: Admin Post on October 17, 2009
Author: Steve McKee


Things have been going so poorly for so long that any of us could be forgiven for thinking recession is the new normal. The economy has been in decline for 22 months, and as we head into 2010 many ... more



Troubled Franchisees: Franchisor to the Rescue?
Posted by: Admin Post on October 16, 2009
Author: John E. Berg and Ryan R. Palmer


Weathering the current economic storm requires clear, level-headed thinking and a strategic process for action.
 
Low consumer confidence, fickle consumer spending, unpredictable c... more



Older Operators Make a Mark on Franchising
Posted by: Admin Post on October 15, 2009
Author: Deborah L. Cohen


Prior to the economic downturn, Eric Diaz was managing a department that handled futures systems for Merrill Lynch in New York. Today he's a full-time pet groomer, riding around Hudson County, New ... more



Buying into a franchise can take uncertainty out of getting started
Posted by: Admin Post on October 15, 2009
Author: Elizabeth Cooney


Trish Harrington brought her 6-year-old daughter to a birthday party at Snip-its in North Attleborough and fell in love with the children’s hair salon. A CPA and controller at a Rhode Island ... more



Franchise Candidates - A Changing Mindset
Posted by: Admin Post on October 15, 2009
Author: Paul Segreto


A look at today's franchise candidates will reveal they are more sophisticated, better educated, and more technologically advanced than ever before. In addition, and even more so because of the eco... more



What Are the Top 10 Types of Franchise Opportunities?
Posted by: Admin Post on October 14, 2009
Author: Cleo I Brewer


If you are looking to buy a franchise, one of the most difficult questions you will be forced to answer is, "What kind of business shall I buy?" The best franchise for one person may not be the bes... more



5 Unconventional Ways to Fund Your Franchise
Posted by: Admin Post on October 14, 2009
Author: Jeff Elgin


As traditional funding sources dry up, franchisees have to get creative. Fortunately, reliable strategies aren't being kept secret.

It's been said many times, "Necessity is the mother of in... more



Grand Opening Success Tips from Some American Top Franchisors, Part II
Posted by: Admin Post on October 12, 2009
Author: Patricia Schaefer


Want to know what will put the "grand" in your grand opening?

Find out from some of the biggest and best franchises in the country. Here's what they are saying will assist franchisors and f... more



Grand Opening Success Tips from Some American Top Franchisors, Part I
Posted by: Admin Post on October 12, 2009
Author: Patricia Schaefer


One of the best ways to effectively jump-start awareness and interest in your franchised business is to hold a grand opening. A successful grand opening can often result in a short-cut to sales and... more



Franchise Partnerships Can Play to Individual Strengths
Posted by: Admin Post on October 11, 2009
Author: Joseph in Franchise News


A business partnership can be said as a marriage between two people who share the same vision. Like in a marriage, both the partners have to work in tandem for the business to work. They have to tr... more



Franchise Brokers and Consultants
Posted by: Admin Post on October 9, 2009
Author: Franchise Business Buyer\'s Guide


Franchise Business Buyer's Guide

While most franchises are sold directly by the parent franchisors, there is a growing set of middlemen called franchise brokers or franchise consultants. Mu... more



Is Your Franchise Marketing System Turning Profits Or Running You Out of Business?
Posted by: Admin Post on October 9, 2009
Author: John P. Hayes


You know there are "right" customers and "wrong" customers and while you may not (yet) know how to tell them apart before they become your customer, you know that the "wrong" customers deliver the ... more



Make Sure You Understand Your Franchise Territory
Posted by: Admin Post on October 9, 2009
Author: Joseph in Franchise Industry, Franchise News


Nothing can be worse for a business, if you find that someone is starting a franchise of the same franchisor just a few feet away from your outlet. Sometimes, even a company-owned franchise may ope... more



Franchising Explained: Business Methods Lead to Greater Success
Posted by: Admin Post on October 8, 2009
Author: Joseph in Franchise Industry


The franchising industry has gotten a lot of notice of late from people who are using the tough economic times to re-evaluate their futures. Perhaps you were laid off from a company where you&rsquo... more



What You Need to Know About Business Franchise Opportunities
Posted by: Admin Post on October 8, 2009
Author: Stacie Naczelnik


What is a franchise?

When you think of a franchise, you probably think of McDonald’s because it is famous for its franchises. So, let’s use the Golden Arches as our example. If ... more



Ask the Expert: What Are the Risks Involved in Buying a Franchise?
Posted by: Admin Post on October 7, 2009
Author: John Walsh


If you've been considering buying a franchise business, you are probably weighing the pros and cons and looking for holes in the logic. As with any business venture there are risks involved with bu... more



Ladies Doing It for Themselves: Current Trends in Franchising for Women
Posted by: Admin Post on October 7, 2009
Author: Franchise Prospector


Women interested in franchising are finding new and unique opportunities in the educational and personal services industries.

More and more successful women are learning about the benefits ... more



Franchising Hot Spots
Posted by: Admin Post on October 6, 2009
Author: Sara Wilson


Which franchise categories hold the most promise for 2009? We break it down and give you the first look.

The world of franchising is as dynamic as ever. Every year, new franchise concepts e... more



How to Finance Your Perfect Franchise
Posted by: Admin Post on October 6, 2009
Author: Catherine Shanahan


Franchise opportunities provide the best of both worlds for aspiring entrepreneurs as they give you the freedom and independence to operate your own business while also having the backing and suppo... more



Some Interesting McDonald's Franchise History
Posted by: Admin Post on October 6, 2009
Author: Rita Lambros-Segur


The first McDonald's franchise was given to Nathan Fox in 1953 and opened in Phoenix Arizona. This was thirteen years after the McDonald brothers opened their first McDonald's restaurant. Dick and ... more



Facts on Franchising
Posted by: Admin Post on October 5, 2009
Author: Tristan Andrews


Franchising involves an almost symbiotic relationship between the franchisee and the franchisor. The franchisee provides expansion, additional profit and increased brand recognition while the franc... more



Choosing Big Name Franchise
Posted by: Admin Post on October 5, 2009
Author: Articles.DirectoryM.com


Guarantee your own success by choosing the right franchise for you from the beginning! Don't just buy a big name become a huge name.

If you have already decided to become a franchisee that ... more



How to Research a Franchise
Posted by: Admin Post on October 4, 2009
Author: Carol Tice


One of the most important parts of buying a franchise is doing your homework. So get out there and grill the people who know the franchise best.

Sell skin-care products or own a hotel. Groo... more



Top Reasons To Buy A Master Franchise
Posted by: Admin Post on October 2, 2009
Author: Ray Haiber


As a franchise sales consultant I am often asked what are the advantages of the master franchising business model and buying a master franchise. Master franchising, some times referred to as sub-fr... more



Five Things to Nudge Your Franchise Toward Recovery
Posted by: Admin Post on October 2, 2009
Author: Linda Burzynski


Experienced franchise players can continue their success and those new to franchsing can ensure a bright future.

By Linda Burzynski, CFE
 
There’s no doubt the econom... more



And the Survey Says, Future is Bright for Franchising
Posted by: Admin Post on October 1, 2009
Author: John Reynolds


Current economic conditions are good for franchised businesses and the outlook for the year ahead is very optimistic, International Franchise Association franchisor-members confirmed in a recent We... more



Franchise News:



Franchisors Look North


Derek Sankey of Canada's The Financial Post says: 'Canada a "good place" to do business'. more


Franchise Expo Returns to D.C. This Spring


Representatives from some of franchising's most well-known brands will gather in Washington, D.C.... more


The British & International Franchise Exhibition


20 & 21 March 2009, Olympia, London
Discover how to become your own boss at The British ... more


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