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Tag: franchisor

Make Your Franchise Work

Profran Consultants Can Assist You In Finding That Right Franchise
Franchises are an excellent choice for people wanting to start their own business, but who would prefer to avoid the risk. They supply a first time business owner all the advantages of being their own chairperson, while still having the security of an established brand, and [...]

Ken Hollwell Explains Franchising

Developing Your Business With Ken Hollowell
There arrives a time in the development of every business that a choice has to| choice must| decision needs to} be made concerning whether or not to expand to reach a larger marketplace and, if this is so the best method to reach that goal. Franchising, which is one strategy [...]

Financial Challenges Facing Franchise Businesses

The current financial conditions facing franchise owners can only be described as extremely difficult.  Recent reports show that SBA loans for franchises are at a record default rates in 2008-2009.  Compared to 2007 the default rates have gone up 43% and have cost the SBA over $93 million last year. 
The above statistics indicates that franchise [...]

Franchise Consulting Just For You

Hire a Franchise Consultant Before You Franchise
In the mid 1970’s when I started consulting with business owners there were only a hand full of advisors who specialized in franchise development. Back then, the federal Trade Commission’s Rule 436 had not even been active. This document, depending on the essentially business system and opportunity being described [...]

15 Crucial Questions You Must Answer Before Buying A Business Franchise

In recent times, franchise businesses such as Wendy’s, Pizza Hut, Burger King and McDonald’s are booming. The entrepreneurs setting up franchise ideas and businesses have really discovered a gold mine and they are really promoting the idea vigorously.
Now buying a franchise is buying a business, so capital is going to be involved. I want to [...]

Licensees May Be Franchising

When Do You Call It A Franchise?
When is a license not just a license, but also a regulated franchise? If you’re expanding your enterprise through the authorized use of your trademarked products or services, you may think [*CO]‘I don’t need a franchise, simply make it a license agreement;’ or’A trademark license isn’t a franchise is [...]

Managing Your Franchise

Franchising Made Easy With Ken Hollowell
Franchise legal documents
in order to sell franchises it is necessary to first have a Franchise Disclosure Document and Franchise Agreement. These are parallel documents that mirror one another. The FDD explains, in everyday language, the main points of the franchise program, while the Franchise Agreement is drafted in legal [...]

Franchise Considerations

Know Franchising
As well as the many questions that you must pose to a potential Franchisor, and the numerous questions they should pose to you, there are several other considerations for you to ascertain your compatibility with a specific Franchise system. If you are going to be getting into business with someone with the goal of [...]

Become a Franchisor

I cannot stress enough how crucial it is to investigate the franchise development company you are thinking of using when franchising. It is extremely annoying to reveal that some of our competitors are facing serious litigation, tax crime and are under inquiry for fraudulent practices. For over thirty years I’ve watch many companies appear and [...]