Roadmap To Franchise Success

Franchise Ownership Guidance

Franchisor Expectations

Jan

09

2015

Is It a Franchise or a Lease?

2014 was an exciting year for franchises from a legal point of view, filled with high-profile cases that hit the headlines. Fortune magazine recently quoted a lawyer who suggested that much of the legal drama turns on one particular issue: the term of the contract. Franchising is a contractual relationship…

Jan

05

2015

Why Would a Franchise Sue a Franchisee?

In a high profile move, global fast food chain Wendy’s is suing one of its largest franchisees. At issue is the franchisee’s refusal to make changes required by the franchisor: A uniform point of sale (POS) system was chosen by Wendy’s in 2012, and all franchisees were required to switch…

Dec

03

2014

Understanding Franchise Royalty Fees

A franchise business opportunity will always involve upfront costs. Some will go to the franchisor and some will simply be the costs of opening a business — rent, wages, inventory, supplies, utilities, and so forth. There will also certainly be ongoing costs, both the direct costs of the goods and…

May

14

2014

Franchisee Troubles

Hashim Syed once received an award from 7-Eleven for running “the best store in the country.” But now he’s under fire from the franchisor after speaking out against the company on WBEZ Chicago on April 8. One week later, inspectors from the franchisor came out to check up on the…

May

03

2013

McDonald’s Franchisees Aren’t Lovin’ It

This last quarter marked the first drop in operating profits for McDonald’s franchisees in nine years. Franchisees aren’t happy about that. But many franchisees are angry because of what they see as the heavy discounting and undercutting McDonald’s corporate is doing in response. Ad Age reports that there have been…

Mar

28

2013

What Your Franchisor Expects of You

You have expectations of the franchise business opportunities you’re considering, and you’ll use those expectations to choose the best option for your needs. Have you thought about the other side of that coin? Franchisors also have expectations of their franchisees. Different companies have different expectations, and they use different metrics….

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