By Lynne D Shelton, Esq. Bullying in our children’s’ schools is a worldwide problem. This article will look at the problem, the costs, and how the franchise communities’ brands are helping to prevent bullying in our schools. Children and educational franchises have always been a fun business to be in, now they are showing an even nobler foundation. Worldwide Problem …
Franchise Business & Opportunities Expo – Austin
Face to face discussions with North America’s most successful franchisors with proven track records. Find the businesses that excite you, shake hands, and say hello! Largest showcase of money-making, full-time and part-time businesses from every industry now looking for owners. February 29th & March 1st, 2020: Austin Convention Center – 500 E Cesar Chavez St, Austin, TX Sat. …
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 …
When Can You Negotiate a Franchise Agreement?
Many entrepreneurs opt to franchise rather than start a business from scratch. There are many reasons for doing so. Perhaps they do not possess the full knowledge required to enter the market and make a profit. In other cases, they may want to take advantage of the parent company brand name and awareness, using it to increase the odds of …
How to Convert Your Business Into a Franchise
If your business is thriving, and you feel you have a great concept, you may be looking to convert your business into a franchise. This way, other people can open stores in various areas using your business idea and models. However, before you do this, there are certain things that must be covered. Here are a few of the most …
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?
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 …
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.
Why Site Selection Is Important for Your Franchise
There are several important aspects of opening a new franchise, but perhaps none as important as choosing the best site. Some studies have even concluded that poor location is the top reason that a franchise will fail. Other factors such as the marketing budget and the size of the store will affect success, but it will likely not be as …
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 …