SLA Franchisor Drip Doctors hit the ground running in 2017!

DripDoctors hit the ground running in 2017! From starting franchise sales, hotel collaborations, opening new clinics and having our Drip Sprinter on location at the hottest events and festivals, it’s been an exciting year so far! On April 1, 2017, we launched our second flagship clinic in Henderson, NV. It was met with a warm welcome from the city council …

Why the FDD is So Important to Franchises

Why the FDD is So Important to Franchises

In the spirit of full transparency in business negotiations, the Federal Trade Commission (FTC) makes all franchising companies present relevant financial information to prospective partners. Without this standard disclosure, it would be uncertain just how healthy a company really was. Those desperate to hook an investor would be able to hide defects in order to close a deal. Then, the franchisee …

Buying a Franchise? Make Sure You Have a Franchise Attorney in Your Corner

Buying a Franchise? Make Sure You Have a Franchise Attorney in Your Corner

You’ve completed your due diligence by researching potential firms. You’ve interviewed several franchisees to ask your most burning questions and hear the pros and cons firsthand. You’ve finally narrowed the opportunities and found a franchise offering a product or service that “fits,” one you think you’ll have a reasonable chance of success with. You’ve paid a visit to the franchise …

What Are the Advantages of Franchise Co-Branding?

What Are the Advantages of Franchise Co-Branding?

Franchise co-branding is becoming more popular. This refers to two or more franchises operating under or sharing the same space. The easiest way to envision this is by picturing a fast food restaurant inside of a gas station. You’ve likely seen one of these establishments during your travels, where the two businesses share a building. This doesn’t just occur with …

3 Ways a Non-Disclosure Agreement Helps Your Business

3 Ways a Non-Disclosure Agreement Helps Your Business

Non-disclosure agreements are extremely common. However, many people are not sure what they are, why they are needed and how they can help a business. A non-disclosure agreement can be made between a business and any party it works with. This can be an employee, lender, independent contractor or manufacturer. The agreement limits what the individual can say about the …

Options for Financing Your Franchise

Options for Financing Your Franchise

  Owning a franchise can make you wealthy and successful beyond your expectations, but to make your dreams reality, you need startup capital. On occasion, you will also need short-term financing to meet obligations when your cash flows become uneven. Below are some of the most typical ways to finance a franchise.

The Many Benefits of Choosing to Franchise

More and more people are choosing to go the entrepreneurship route in the US, and franchises provide a stellar opportunity for business growth and financial success. Between the lure of being your own boss, to the relative structure involved in working with a larger franchised organization, buying a franchise can provide you with the financial freedom that you’ve been looking for without …