What Is “The Best Franchise” to Buy? Everyone wants to know the best franchise to buy, but it is really a meaningless question. There is no such thing as best franchise or even worst franchise. The “question” covers a lot of ground. The purpose of owning a franchise is to own a profitable business. So […]
WHAT’S IN A NAME? The Heart of a Franchise System
By Kat Tidd Developing An Identity Choosing the right name for a business is a challenge under any circumstances. Does it convey the right message? Is suitable for the nature of the business? Is there anything similar being used? Is it available for use? What kind of exclusive protection can be obtained to keep anyone […]
Are You Ready to Franchise Your Business?
Are people waiving money at you? Love your business and want one of their own? Ready to pay a nice big piece of change up front as an initial franchise fee? And keep on paying in royalties? Pretty hard to resist. You’ve created a successful business that others want, and they want to pay […]
Franchising, What Is It and What’s The Big Deal?
So what’s the big deal? Whichever side of the franchise you might be on, buying or selling, if it’s a franchise and it’s not done right—as in complies with the law, there are both communication and legal problems ahead and the crash will certainly cost everyone money.
Should I work with a Franchise Broker?
As ever, my mantra for all things franchise is “do your homework” and be careful where you place your trust. There are some things you just do not want to delegate or shortcut.
