SBA Lenders that are Franchise Friendly

Franchise Times published a report of some of the SBA Lenders to Administer Disaster Relief Funds for the franchise and restaurant businesses. The CARES Act recently was enacted by Congress to allows companies with fewer than 500 employees to obtain loans of up to $10 million from local SBA lenders through the Small Business Administration’s existing 7(a) loan guarantee program. …

The State of Franchising in the COVID-19 Coronavirus Bubble

Article by: Lynne D. Shelton

For franchising, franchisors, franchisees, entrepreneurs, and business owners, the COVID-19 Coronavirus and the current global pandemic is altering the course of history and challenges the existence of businesses across the country. While the health of family, friends, and our nation as a whole is the paramount concern, the economic realities of the Corona Virus and its impact on franchisors and franchising …

65+ Key Performance Indicators with Descriptions

Article by: Lynne D. Shelton

  Type of KPIs Description Cashflow KPIs Description Working Capital Measures an organization’s financial health by analyzing readily available resources that could be used to meet any short-term obligations. Operating Cash Flow The amount of cash generated by regular business operations. Cash Rotation (365/cash cycle) The number of times the cash comes back to the organization for a period of …

By-product = Happy Franchisee’s Year 4 and beyond

Article by: Lynne D. Shelton

  Accelerate New Units & Improved Market Growth By-product = Happy Franchisee’s Year 4 and beyond Let Shelton Law & Associates help you shape up your franchise system foundation. As previous franchisors, franchisees and business leaders with over 50 years of experience, we understand the laws, rules and regulations that affect your franchisees and understand the kinds of challenges that …

A fast food franchise could be your ticket to life in a tropical paradise.

Article by: Tracy Lee Wood Jr.

Many of us dream of moving to a tropical paradise such as Thailand. However, unless you are independently wealthy or do not need to work for the rest of your life, you can only afford to stay there for a limited time before you have to return to the real world and start earning a living again. But what if …

100+ Questions to Ask

Article by: Lynne D. Shelton

100+ Questions You Should Answer Before Buying A Franchise   What is franchising? Why does it work? Why doesn’t it work? Who do I know who is a franchisee? What makes me think franchising will work for me? How much money can I comfortably invest in a franchise? If I had to borrow money to invest in a franchise, where …

Grounded Before Liftoff

Article by: Lynne D. Shelton

At Shelton Law & Associates we are commonly asked about what causes franchisees to ground themselves before they even had a chance to liftoff. Below are the 4 biggest mistakes that franchisees make before getting started, however, they all revolve around time. It is important to remember to not rush and to take the time to ensure that you are …

The Making of an American Franchisee: Why Franchisors should focus on Veterans

Article by: Lynne D. Shelton

Published in the Franchising USA Magazine, August 2015 edition (click to view online) Franchisors looking for a laser focused method of growing their systems through choosing the right franchisees, who also have the correct cultural fit for their brand, would benefit by looking to the veteran pool of potential business owners. Veterans have instilled in them the teamwork diversity and ethical …

Master Franchising – What is it?

Article by: Lynne D. Shelton

To read this article from the Publication source, please click here. Most of us know that a franchise is an Agreement between the originators of a business or concept and a person who wants to duplicate the originators concept in exchange for paying a fee. But what is a Master Franchise? A Master Franchise is a franchisee who has been …

Franchising 101: Terms, Traits, and Tools, Part III

Article by: Jason W. Power

To read this article in its original format with Franchising USA Magazine, click HERE. Throughout this Franchising 101 series, I have discussed the basic terms associated with franchising and topics such as why consider buying a franchise, what to ask yourself before buying a franchise, and how to analyze the FDD and the franchisor. This month’s article will discuss the final …