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Thought of the Day:

"Belief in limitation is the one and only thing that causes limitation." - Thomas Troward

Articles:



Does the Brand You Are Buying Have Real Value in Your Market?
Posted by: Admin Post on November 21, 2009
Author: Lance Winslow


Often franchise buyers become interested in a certain type of business and brand in the franchising sector. They've always considered owning a business of their own, but never really had the experi... more



How Protected is My Franchise Territory If I Buy a Franchised Business?
Posted by: Admin Post on November 20, 2009
Author: Lance Winslow


If you are considering on buying a franchised outlet as a business of your own then perhaps one of the questions you might have is regarding the franchise territory that comes with your franchise. ... more



5 Reasons Franchises Are Better than Stand-Alone Businesses
Posted by: Admin Post on November 20, 2009
Author: Joseph in Franchise Industry


When planning new ventures, you need to decide whether this new business should be a franchise or not. Well, major entrepreneurs have analysed the franchise opportunity and have recognised the foll... more



What Every Potential Franchisee Should Know Before Buying a Franchise
Posted by: Admin Post on November 19, 2009
Author: Jason Gehrke


For some, 2009 will be the year to become self-employed, whether this be as a result of a self-generated decision, or a by-product of losing a job. This article provides essential basics for prospe... more



The Three Biggest Mistakes For a Franchisee
Posted by: Admin Post on November 19, 2009
Author: Brad Swanson


Starting your own business should never be an overnight choice, nor should it be something that you take lightly. Before you even write up that business plan, you need to be sure that you are ready... more



Why Franchisees Do Not Read Their Agreements
Posted by: Admin Post on November 19, 2009
Author: Jason Gehrke


An ongoing challenge in franchising is the lack of understanding among franchisees of their obligations under the franchise agreement.

The Franchise Advisory Centre has taken a great number... more



The Best Franchise Advice You Will Ever Get
Posted by: Admin Post on November 18, 2009
Author: Jeff Elgin


The most valuable source of information on any franchise system is its existing franchisees. These are the people who are living the life of a franchisee every day, and they can tell you the realit... more



Buying a Franchise
Posted by: Admin Post on November 18, 2009
Author: Start in Business


The term 'franchising' covers a variety of arrangements in which the owner of of a product, process, service or even just a name (in the terms of a celebrity) allows someone else to use it in excha... more



Using the SBA To Purchase Existing Franchise Goodwill
Posted by: Admin Post on November 17, 2009
Author: Robert W Bennett



New guidance issued by the Small Business Administration (SBA) will loosen the limits of the 7(a) loans ability to finance goodwill (intangible assets) in franchise business purchases with ch... more



Costs of Buying a Franchise
Posted by: Admin Post on November 17, 2009
Author: Franchise Business Buyer's Guide


Buying a franchise is a major investment. You should expect to draw on almost all of your financial resources and/or take on additional lines of credit. Before start talking to franchisors, have th... more



Franchisees Must Give 110% to Win - Christmas Eve in Fort Myers, FL Case Study
Posted by: Admin Post on November 16, 2009
Author: Lance Winslow


If you want your franchise to succeed, you need to give 110% of your efforts; you have to be in it to win it. As a former franchisor, I can tell you that the most successful franchisees went above ... more



Advantages and Disadvantages of Franchising
Posted by: Admin Post on November 16, 2009
Author: Franchise.com


To understand the advantages and disadvantages of owning a franchise business you need to have a basis for comparison. Other ways to realize your dreams through business ownership include buying a ... more



Franchise Opportunities - Who? What? Where?
Posted by: Admin Post on November 15, 2009
Author: Jerry Cantrell


Franchises account for over 40% of retail sales today. You may go to any center and find franchises operating there. With over a century of History behind them, franchising is a strong, efficient w... more



Franchisee´s Guide to Restaurant and Retail Store Site Selection and Development
Posted by: Admin Post on November 15, 2009
Author: Clay Reichert


So you just found the greatest franchise opportunity in the world. Now what? You just need a place to build your store. That should be easy enough, right?? Just find a real estate agent and tell th... more



Why Do Businesses Fail?
Posted by: Admin Post on November 12, 2009
Author: Nancy Adler


Whether the business is a franchise, existing business or home business, there are absolutely things that happen (or do not happen) that cause business owners with the best of intentions to fail. T... more



Localization Equals Innovation for Pizza Franchisors
Posted by: Admin Post on November 12, 2009
Author: Jennifer Litz


Charlie Morrison, CEO of Pizza Inn, said he encourages his franchisees to experiment with new flavors and toppings on their pizzas. After all, some of the 310-unit-strong chain’s best-selling... more



Franchising Overview
Posted by: Admin Post on November 10, 2009
Author: SBA


Buying a Franchise

An important step in the small business startup process is deciding whether or not to go into business at all. Each year, thousands of potential entrepreneurs are faced w... more



Ideal Franchise Location Brings Franchise Success
Posted by: Admin Post on November 10, 2009
Author: Jason Rager


How important is choosing a franchise location in the process of starting a business in franchising? The franchise location is a very important factor in bringing profitability and success into you... more



Checklist for Evaluating a Franchise
Posted by: Admin Post on November 9, 2009
Author: U.S. Commerce Department


It's one of the most important tools you'll get when buying a franchise - and the foundation of your relationship with the franchisor.

The Franchise

Did your lawyer approve the fran... more



Types of Franchise Options for You
Posted by: Admin Post on November 9, 2009
Author: Jason Rager


There are various business types available in the franchise industry today. It is very useful to discuss these types for you as a potential franchise investor to help you assess the best one for yo... more



Franchise or Not?
Posted by: Admin Post on November 9, 2009
Author: Tom Rothrauff


The recent economic instability and uncertainty in the marketplace is exerting a far-reaching impact that, for some professionals, influences much more than just the bottom line. Challenging times ... more



Today's Franchises
Posted by: Admin Post on November 8, 2009
Author: Jerry Cantrell


Franchising has been around for over a Century. Franchising helped manufacturers distribute their products throughout a region. Franchising has come along way, and the popularity in the last 50 yea... more



Setting Goals Can Lead You to Franchising Success - How Do You Set Them?
Posted by: Admin Post on November 7, 2009
Author: Brad Swanson


Before you decide which franchise you're going to choose, you need to take a while to consider your five year goals - this is in respect not only to the financial aspect, but also, your own life go... more



Subway Owner Turns $5 Menu into National Phenomenon
Posted by: Admin Post on November 6, 2009
Author: Matthew Boyle


Stuart Frankel isn't what you'd call a power player in the world of franchising. Five years ago he owned two small Subway sandwich shops at either end of Miami's Jackson Memorial Hospital. After no... more



That's a Starbucks? Franchises Find Ways to Capture Local Flavour
Posted by: Admin Post on November 6, 2009
Author: Jason Daley


Last summer, when the butcher paper came off the windows at the former Starbucks in Seattle's Capitol Hill neighborhood, locals found a narrow little cafe called 15th Ave Coffee & Tea, serving ... more



Franchise Opportunity –Considerations to Make - Unified Thinking
Posted by: Admin Post on November 5, 2009
Author: Dennis Schooley


Whether it's hamburgers, pizza, telecom, coffee, Internet, muffler parts, or seniors' services, there are Franchise opportunities available to evaluate. There are great Franchise systems, good Fran... more



Franchising FAQs
Posted by: Admin Post on November 5, 2009
Author: SBA


How can I go about investigating a particular franchise that I am interested in?

-Request an information packet from the franchiser.
-Interview owners of current franchises.
-Re... more



The Key Traits of Franchising Success
Posted by: Admin Post on November 5, 2009
Author: Brad Swanson


You may be sitting there asking yourself if you have what it takes to become a success if you buy a franchise. You have already looked into everything you needed to about the franchise itself, asse... more



Canadian Franchise Legislation: Finding the Balance
Posted by: Admin Post on November 4, 2009
Author: Edward 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



Buying A Franchise FAQs
Posted by: Admin Post on November 4, 2009
Author: SBA


Why should I purchase this particular franchise?

A franchise may need to be looked at from a product or service comparison prospective. While one franchise’s product or service may be... more



Diving Into a Franchise Business
Posted by: Admin Post on November 3, 2009
Author: Budda Oliver


Buying a franchise business is something that should always be approached with a great deal of caution and research. You should make sure that you comb over every detail of the franchise you wish t... more



Buy a Franchise
Posted by: Admin Post on November 3, 2009
Author: SBA


Franchising Strategy

PrePurchase Detective Work

In addition to the routine investigation that should be conducted prior to any business purchase, potential franchise buyers should b... more



The Most Valuable Information in the Franchise Disclosure Document
Posted by: Admin Post on November 2, 2009
Author: Andrew A. Caffey


The Franchise Disclosure Document (FDD) is a treasure trove of information for anyone serious about examining a franchise opportunity. It contains all of the information that state and federal fran... more



Entrepreneurial Aptitude - A Measure of a Franchise Business Owner's Probable Success
Posted by: Admin Post on November 2, 2009
Author: William H Wood


The Keys to Franchise Business Owner Success

The value of the brand, the location, the support provided by the franchisor, the quality of the product or service, local competition, and the ... more



What Does a Franchise Consultant Do?
Posted by: Admin Post on November 2, 2009
Author: Nazir Daud


Franchise consultants assist businesses that are ready to explore franchising as a means of growing their presence and market share. They also assist potential franchisees to find the ideal busines... more



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



Questions that Franchisors Need to be Asked
Posted by: Admin Post on October 1, 2009
Author: Wayne Maillet


When one is looking at a franchise it is important that one do the research so that they know what they are getting into. A little homework at the beginning will avoid surprises down the road. You ... more



Choosing a Great Franchise Location
Posted by: Admin Post on September 30, 2009
Author: Jeff Elgin


Tips to help you select the best spot for your new business.

The topic of finding a good location and then negotiating a favorable lease is one that all franchisees face when they are in a ... more



Should I Hire a Franchise Attorney?
Posted by: Admin Post on September 30, 2009
Author: Don Daszkowski


In becoming a franchisee, you are about to invest a large portion of your valuable time and money as a new business owner. Therefore, you should make sure that you are doing everything possible to ... more



Senior Care Franchise Opportunities Are Hot
Posted by: Admin Post on September 29, 2009
Author: Michiel Van Kets


Owning a franchising business can offer you brand awareness, trustworthiness and consistency that can take years to build up for any new business. It can be one of the easiest and most successful m... more



Critical Franchise Questions That Must Be Answered
Posted by: Admin Post on September 29, 2009
Author: Nazir Daud


When investigating a franchise opportunity, many people make several very basic mistakes, based on common assumptions or misconceptions. If you are looking into this possibility, whether you have f... more



A Checklist of Questions to Answer Before You Buy A Franchise
Posted by: Admin Post on September 28, 2009
Author: Isabel M. Isidro


Franchising is booming. Here are the right questions to ask when evaluating franchise opportunities.
 
Franchise businesses such as Wendy's, McDonald's and Jack-In-The-Box are boomi... more



Reasons to Buy a Franchise and Top Issues to Consider When Buying
Posted by: Admin Post on September 27, 2009
Author: Stephen Eastham


So you want to be your own boss? Well you should know that 90-95% of most independent small businesses fail in the first 5 years. One of the key reasons for business failure is lack of capitalizati... more



Interview With a Prospective Franchisee
Posted by: Admin Post on September 27, 2009
Author: Shelley Pearson


Name: Carina Mäkelä

Professional background: Research & Marketing (private and NFP sector).

This is an interview with a lady who has done her homework in investigating... more



Costs of Buying a Franchise
Posted by: Admin Post on September 25, 2009
Author: Franchise Business Buyer's Guide


Buying a franchise is a major investment. You should expect to draw on almost all of your financial resources and/or take on additional lines of credit. Before start talking to franchisors, have th... more



Disagreeing With Your Franchisor
Posted by: Admin Post on September 24, 2009
Author: Kay Marie Ainsley and Michael H. Seid


Know your rights--and limitations--in disputes with franchisors.

Q: I'm a franchisee of a retail specialty chain. For the past three months, I've been selling a new product I found through ... more



Why Franchising Attracts Women Entrepreneurs
Posted by: Admin Post on September 24, 2009
Author: Kim Ellis


Have you ever wondered what it would take to leave the corporate world behind and own your own business? Are you tired of being the go-to girl, a small fish in a big sea, earning money for someone ... more



Benefits and Drawbacks of Franchising
Posted by: Admin Post on September 23, 2009
Author: Franchise Businesses Buyer's Guide


The primary benefit of franchising is that it leverages the brand and experience of a successful business concept, while the main drawback is the tight control franchisors exert over their franchis... more



Be Careful Buying a New Trendy Franchise Opportunity
Posted by: Admin Post on September 23, 2009
Author: Lance Winslow


Many franchise buyers want to get in on the ground floor of the hottest new franchise that is available. They see that the company is selling the franchises like hotcakes and they want to get in be... more



Thinking About Starting a McDonald's Franchise?
Posted by: Admin Post on September 21, 2009
Author: Jenn Lawlor


Product recognition has never been more important than it is now. And this includes the restaurant and food services industries. Statistics show that, come mealtime, fast food is the first choice o... more



History Of Franchising: Franchising In The Modern Age
Posted by: Admin Post on September 21, 2009
Author: Kerry Pipes


A proven business model that has stood the test of time
Franchising really began to blossom in the post-war 1950s and 1960s. Franchisors of convenience goods and services seemed to be popping ... more



Why Choose Franchising?
Posted by: Admin Post on September 21, 2009
Author: Eddy Goldberg


"Franchising works by combining the drive and energy of the entrepreneur with the experience and expertise of the franchisor."

This wonderfully concise description of franchising comes cour... more



Key Characteristics of Successful Franchise Owners
Posted by: Admin Post on September 18, 2009
Author: Kim Ellis


The thought of being your own boss can sound pretty wonderful to someone tired of working 50 to 60 hours a week to make money for some impersonal corporation. And there is probably no better way to... more



Will Franchisors Choose You?
Posted by: Admin Post on September 17, 2009
Author: Franchise Business Buyer's Guide


An important aspect to consider when talking to potential franchisors is that they are evaluating you, as well. While you are paying hefty fees for the right to use their name, they are entrusting ... more



Choosing From Many Franchises
Posted by: Admin Post on September 17, 2009
Author: Franchise Business Buyer's Guide


Buying a franchise opportunity from a company with a track record of success is no guarantee that your particular franchise will succeed. Before making your decision, you need to research the indus... more



How Franchisees Can Promote Positive Franchise Relations
Posted by: Admin Post on September 16, 2009
Author: Ed Teixeira


Virtually every article dealing with the promotion of positive franchise relations places the responsibility upon the franchisor.

In an effort to maintain positive relations with its franch... more



Choosing A Service Franchise
Posted by: Admin Post on September 15, 2009
Author: Kerry Pipes


Anyone seriously considering the purchase of a franchise will ultimately have to decide if a "service" franchise or a "retail" franchise is a better fit. It's an important distinction in terms of b... more



7 Points of Advice When Buying an Existing Franchise
Posted by: Admin Post on September 14, 2009
Author: Ted E. Sanders


When buyers choose to purchase an existing franchise they can enjoy the benefits of regional or national recognition as well as a history of revenues and profits from the location. Buying an existi... more



Legal Issues and Tax Considerations for Franchisees
Posted by: Admin Post on September 14, 2009
Author: William A. Price


Buying and operating a Franchise is different than most of the other purchase or investment decisions you will make in the course of your lifetime. You are getting a business that you will run usin... more



Three Reasons a Franchise Business May Be Right For You
Posted by: Admin Post on September 12, 2009
Author: Aldar Nagy


Many people who have decided to go into business for themselves recognize that they do not have all the skills and experience they need to get started on their own. Others are not willing to risk t... more



The Franchise Agreement
Posted by: Admin Post on September 12, 2009
Author: Kerry Pipes


You've just finished attending Discovery Day and you like what you've witnessed in this final installment of the franchise courting process. You've decided this is the franchise for you. You sit do... more



Site Selection: Choosing The Best Location
Posted by: Admin Post on September 10, 2009
Author: Eddy Goldberg


How can you talk about site selection without mentioning "location, location, location"? There, we did it. Now, let's dig deeper.

(Note: This is targeted to franchisees who need a retail st... more



Ozarks-Based Franchisors Say Licensing Business Isn't for the Faint of Heart
Posted by: Admin Post on September 10, 2009
Author: Matt Wagner


Becoming a franchisor falls squarely in the realm of business strategies that aren't for the squeamish, yet a handful of Ozarks companies have mastered the art of franchising - with the occasional ... more



Life Experiences Form Entrepreneurs
Posted by: Admin Post on September 8, 2009
Author: Jeff Cornwall


I still get asked what seems like an age-old question: Are entrepreneurs born or made?

Let me start by making it clear that entrepreneurship is not in our genes. While some have tried to de... more



Multi-Unit Franchises Provide Opportunity in Time of Uncertainty
Posted by: Admin Post on September 7, 2009
Author: Franchise Update Media Group


Multi-Unit Operators Are New Majority in Franchising and Private Equity Firms Are Now Major Source for Funding

SAN JOSE, Calif., May 28, 2009 - Franchise Update Media Group (FUMG), the lead... more



Do Ex-Execs Make Good Franchisees?
Posted by: Admin Post on September 5, 2009
Author: Jeff Elgin


One of the most significant trends in franchising over the past 15 years is the emergence of ex-corporate executives as new franchisees. This trend began in earnest with the downsizing of the early... more



Why Buy A Service Franchise?
Posted by: Admin Post on September 5, 2009
Author: Ray Haiber


As a franchise sales consultant and an individual who grew up with a franchise business (my family owned a Dunkin Donuts for over 2 decades) I am often asked what type of franchise business I would... more



Buying a Franchise After 55
Posted by: Admin Post on September 4, 2009
Author: Jeff Elgin


It used to be that when someone turned 55, he or she was considered on the downhill slide into retirement. But today, 55 is the new 35. People in their 50s now realize they’ve got a lot left ... more



Proper System and Tools Save Franchise Support Time and Expense
Posted by: Admin Post on September 3, 2009
Author: Sue Bartman


As any franchise organization grows and develops, it's critical to maintain adequate levels of support, in all forms, to both new and existing franchisees.  While franchise management can offe... more



Investigating Franchise Offerings
Posted by: Admin Post on September 3, 2009
Author: Reprinted from the Federal Trade Commission's A Consumer Guide To Buying A Franchise


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 Offering Circular. Under the FTC's Franchise R... more



Franchises - What's The Exit Strategy?
Posted by: Admin Post on September 2, 2009
Author: Dennis Schooley


At an International Franchising Symposium in London, Peter Holt made the bold statement to his audience of Franchisors that they needed to understand that their business would fail, and in fact all... more



What Should You Franchise?
Posted by: Admin Post on August 31, 2009
Author: John Lim Cher Sern


Out of the many businesses out there today, one can find that some of the successful ones are actually franchise businesses. As we all know, franchising is all about business operators paying a sum... more



Franchise Business - Right Time For Career Change?
Posted by: Admin Post on August 30, 2009
Author: Cory Barber


Given the current economic status, you may be wondering about whether your plan to buy a franchise is a good decision. Maybe you're in a corporate job and are fearing the axe. Or perhaps you are si... more



In Today's Economy, What Franchises Are Hot and Under $50,000?
Posted by: Admin Post on August 30, 2009
Author: Jerry Cantrell


In my consulting business, I have hundreds of requests for business opportunities or Franchises. Some requests are for work from home, or others the traditional type of business. The most requested... more



Seven Sure Steps to Choosing a Franchise
Posted by: Admin Post on August 28, 2009
Author: FranChoice


Franchising is a wonderful way to go into business for yourself. So many things have already been established for your benefit: branding, marketing, processes, products, systems, etc. Building a bu... more



Are You Franchise Material?
Posted by: Admin Post on August 27, 2009
Author: The Franchise Guide


As with any other organization, franchisors need to look for certain characteristics in applicants to determine if he is indeed right for the job.  Candidates for priesthood must generally sho... more



The Interview: What The Franchisor Should Ask You
Posted by: Admin Post on August 26, 2009
Author: Eddy Goldberg


The questions a franchisor asks you in the initial phone interview reveal a lot about their motives and values. Listening carefully, and asking your own questions, can help you find a franchisor pa... more



The Interview: What You Should Ask The Franchisor
Posted by: Admin Post on August 26, 2009
Author: Eddy Goldberg


You've gone online and filled out the initial qualification form and cleared the first hurdle. Now it's time for that first phone call with the franchisor, where the communication goes from one-way... more



Understanding Franchising Realities
Posted by: Admin Post on August 26, 2009
Author: Johan Kriegbaum



The global economic slowdown upturned the financial and business sectors, leaving behind debris of bankrupt companies, jobless workers, and shaky investments. Some companies who are trying to... more



Evaluating a Mandatory Marketing Program
Posted by: Admin Post on August 26, 2009
Author: Lori Kiser-Block


A franchisor’s system-wide marketing program can be a great benefit to a franchisee but also a potential source of conflict when the contributions are mandatory. The real source of contention... more



Analyzing Franchise Growth
Posted by: Admin Post on August 25, 2009
Author: Lori Kiser-Block


An important measurement of the health of any given Franchise company is the rate of growth of their system. Specifically, the franchise system should be growing at a rate that shows it is healthy ... more



Franchisor Support: What Can You Expect From Your Franchisor?
Posted by: Admin Post on August 22, 2009
Author: Kim Ellis


If you are considering a Franchise as your next career move, you probably already understand a number of the benefits to being a part of a franchise system. However, as each franchisor will offer d... more



Why A Good Franchise Agreement Can Be Your Best Friend
Posted by: Admin Post on August 21, 2009
Author: Lori Kiser-Block


If you are about to become a new franchisee, you may have some anxiety when it comes time to sign the Franchise agreement. You will probably wonder what part of the franchise agreement is negotiabl... more



Why Do You Franchise?
Posted by: Admin Post on August 21, 2009
Author: John Lim Cher Sern


You have decided to start a business that can cover your revenue in the shortest time possible, also generating a healthy amount of profit in the years to come. You can either generate some really ... more



Franchise Myth Busting
Posted by: Admin Post on August 19, 2009
Author: FranChoice


If you are doing research on the franchise industry as a whole or even on one particular franchise company, you will probably run across a number of phrases which are repeated over and over. Are th... more



How Does Franchising Work?
Posted by: Admin Post on August 18, 2009
Author: Amy Nutt


For small, medium and large Canadian businesses that are doing well, Franchising in Canada and beyond may be a viable business strategy. The following guide will outline the basics that any potenti... more



Expensive Mistakes to Avoid as a New Franchisee
Posted by: Admin Post on August 18, 2009
Author: Jeff Elgin


They say that wisdom comes from experience and experience comes from making mistakes. How true. This article intends to help you gain wisdom from the experience of others rather than having to pay ... more



Franchise Opportunity - Questions To Ask The Franchisor - How Big Is The Market?
Posted by: Admin Post on August 17, 2009
Author: Dennis Schooley


Finding The Right Franchise

Whether it's hamburgers, pizza, telecom, coffee, Internet, muffler parts, or seniors' services, there are Franchise opportunities available to evaluate. There ar... more



Shopping at a Franchise Exposition
Posted by: Admin Post on August 17, 2009
Author: Reprinted from the Federal Trade Commission's A Consumer Guide To Buying A Franchise


Attending a franchise exposition allows you to view and compare a variety of franchise possibilities. Keep in mind that exhibitors at the exposition primarily want to sell their franchise systems. ... more



What You Should Ask Other Franchisees
Posted by: Admin Post on August 16, 2009
Author: Kerry Pipes


Franchising is a great business model and with so many concepts and brands out there to choose from, research and due diligence are a big part of your assignment.

Of course you'll receive a... more



Business Niche: Where do you Place?
Posted by: Admin Post on August 13, 2009
Author: Gianna Bruno


Want to own your own business? Are you tired of working for someone else? If you are ready to move your career forward then take a look at The Business Market where you can search Businesses and Fr... more



Best Recession Resistant Franchise Opportunities
Posted by: Admin Post on August 13, 2009
Author: Cory Barber


With the situation the way it is in today's economy, thousands of talented employees, both white and blue collar, are being downsized at an alarming rate, and, unfortunately, are discovering that t... more



Get Approved for a Franchise
Posted by: Admin Post on August 13, 2009
Author: Blair Cavagrotti


So, you’ve decided to start a franchise. What now? Once you have made that big leap, it is important to figure out if you and the company are a good fit.  Like any job interviewing proce... more



Beat Redundancy With a Franchise
Posted by: Admin Post on August 13, 2009
Author: Naz Daud



Many people can often find the day to day routine of office life tiresome and somewhat repetitive. It becomes a difficult task to remain motivated and look forward to work in the current econ... more



Franchise Opportunity
Posted by: Admin Post on August 12, 2009
Author: The Franchise Guide


If you are looking for a franchise opportunity, the choice is mind-boggling. There are literally hundreds if not thousands of different types of franchise available for you to invest in, with the s... more



Canadian Franchises
Posted by: Admin Post on August 11, 2009
Author: The Franchise Guide


The simple truth is that any business and any idea can be franchised. This is what Canadian Franchises believe in. The word Franchise in the directory in described as a special privilege granted. I... more



The Best, Worst and Most Surprising Things About Being a Franchisee
Posted by: Admin Post on August 11, 2009
Author: Patricia Schaefer


What have you personally found has been the best thing about being a franchise owner? What have you personally found has been the worst thing about being a franchise owner? Was there anything that ... more



Franchise Opportunity -Considerations to Make - Responsiveness
Posted by: Admin Post on August 10, 2009
Author: Dennis Schooley


Whether it's hamburgers, pizza, telecom, coffee, Internet, muffler parts, or seniors' services, there are Franchise opportunities available to evaluate. There are great Franchise systems, good Fran... more



Top 5 Franchise Training Mistakes
Posted by: Admin Post on August 10, 2009
Author: Luc K. Richard


Duplication and consistency are at the heart of successful franchise systems and retail chains. A brand is strongest when the customer has the same experience each time they visit one of your locat... more



Building on the Success of Others
Posted by: Admin Post on August 6, 2009
Author: Billings Farnsworth


Franchise opportunities make the most sound business investments for entrepreneurs that are looking to invest in a business. By working with an established business that has proven its worth and is... more



New Careers For Displaced Executives
Posted by: Admin Post on August 6, 2009
Author: Candice Clem


The waters of the current unemployment situation are running deep leaving many people up the creek without a paddle. There just aren't many jobs available for those looking and the outlook is parti... more



History of Franchising - Dawn of a New Era
Posted by: Admin Post on August 6, 2009
Author: Naz Daud


The first person to introduce a franchise agreement similar to the ones we have today was Isaac Singer, founder of the Singer Company. His agreements were unique and laid the foundation for the con... more



The Top Franchises Listed by Business Brokers
Posted by: Admin Post on August 4, 2009
Author: Bill Henthorn


Like all things in life, there are always list of the top this or that. Franchises are no different and can be put in list like most popular, range of cost and ease of purchase. Business brokers al... more



Good News for Franchise and Small Business Owners
Posted by: Admin Post on August 4, 2009
Author: Patricia Schaefer


Two separate press releases -- one from the Office of Advocacy, U.S. Small Business Administration (SBA) and the other from Franchise Business Review -- hold good news for franchise and small busin... more



Franchises - Emotional Fulfillment - The Challenge
Posted by: Admin Post on July 30, 2009
Author: Dennis Schooley


Does A Franchise Meet Your Needs?

Do you look forward to Friday afternoon or Monday morning? Perhaps that's the true litmus test of happiness. If you're thinking about the fact that there's... more



Roles And Responsibilities Of Franchisees And Franchisors
Posted by: Admin Post on July 30, 2009
Author: Bob Richman


In the franchise system, there are two roles: franchisee and franchisor. The two work together to create and expand a successful business concept. So what role does each play in relation to the oth... more



Are You A Potential Franchisee?
Posted by: Admin Post on July 29, 2009
Author: The Franchise Guide


Because a franchise system is a symbiotic relationship, franchisors spend as much time studying you as you researching about them.  Yes you may bring in added income and aid the expansion pl... more



Franchise Opportunity - 5 Questions to Ask About The Franchise
Posted by: Admin Post on July 28, 2009
Author: Dennis Schooley


Franchising has become one of the most important and effective business growth strategies in the past quarter century. Although franchise system development dates back centuries to the times when m... more



Why are Franchises so Successful?
Posted by: Admin Post on July 28, 2009
Author: Tom Parsley


Did you know that 97% of all franchises opened during the past 5 years are still open? Compare that to the fact that less than 50% of non-franchised businesses are still open after the same timefra... more



The Perfect Fit: Women & Franchising
Posted by: Admin Post on July 27, 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



Your Diamond Mine: Past & Present Customers
Posted by: Admin Post on July 27, 2009
Author: Wendy Maynard


In the early 1900's, Reverend Russell Conwell -- founder of Temple University -- gave a popular speech called "Acres of Diamonds." In it, he said: "Your diamonds are not in far distant mountains or... more



Franchises: What's the Exit Strategy?
Posted by: Admin Post on July 22, 2009
Author: Dennis Schooley


At an International Franchising Symposium in London, Peter Holt made the bold statement to his audience of Franchisors that they needed to understand that their business would fail, and in fact all... more



The Secret of Kentucky Fried Chicken Success: The "Secret Recipe" of KFC Success is Actually the Whole Franchise System
Posted by: Admin Post on July 22, 2009
Author: Badrishah


Kentucky Fried Chicken (KFC) is a very well known restaurant in the world. It is rated at number 60 as the world’s most well known brand by BusinessWeek (McDonalds at number 9 and Nescafe, 23... more



Buying a Franchise in a Recession
Posted by: Admin Post on July 17, 2009
Author: Andre Chernih


When the economy is in the doldrums you may start to wander about your prospects of buying a franchise in a recession.  It is often prompted by the fact that job opportunities are hard ... more



Franchise Opportunity - Questions To Ask The Franchisor
Posted by: Admin Post on July 15, 2009
Author: Dennis Schooley


Finding The Right Franchise

Whether it's hamburgers, pizza, telecom, coffee, Internet, muffler parts, or seniors' services, there are Franchise opportunities available to evaluate. There ar... more



Why Franchising is So Successful
Posted by: Admin Post on July 15, 2009
Author: Jerry Wilkerson


Franchising commands a staggering 43% of the nation’s total retail sales and service dollars. It is an employment engine on fire, and produces wealth right through economic decline. ... more



Franchise Return on Investment
Posted by: Admin Post on July 15, 2009
Author: Lori Kiser-Block


A wise investor, whether he puts money in the stock market or real estate or even collectible figurines, always considers the return he can expect on his investment. This should also be true of more



How Should you Evaluate a Franchise Opportunity?
Posted by: Post Admin on July 14, 2009
Author: Jim Deitz


To improve your probability of success, you must take the time to evaluate yourself, your strengths and weaknesses, and, most importantly, the franchisor and the industry in which it operates.

... more




Emotional Fullfilment - Controlling Your Own Destiny
Posted by: Post Admin on July 9, 2009
Author: Dennis Schooley


When you think of becoming a businessperson by making the transition from employee to Franchisee, you don’t generally think in terms of emotional fulfillment. However, in reality, the evaluat... more



What is the Role of a Franchise Broker
Posted by: Post Admin on July 7, 2009
Author: Raymond Lawrence


If you are interested in buying a franchise, it may behoove you to do so through a franchise broker. You should also consider utilizing the advice of a professional franchise consultant.

... 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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