Franchisor Validation
16 Questions to Ask Your Franchise Validator
You’ve found a franchise that feels right for you. So now it’s time to start taking the necessary steps to become a franchisee. This is your guide to the franchise validation process, which is one more way for you to be absolutely positive that you’re investing in a good franchise…
6 Must-Read Books Before Choosing a Franchise Opportunity
So, you’re browsing franchise opportunities and quickly find yourself overwhelmed by all the choices. Who would blame you? There are thousands of franchise opportunities spanning more than 100 industries in the United States. We get it. Not to mention, the stack of franchise brochures and Franchise Disclosure Documents (FDD) piling…
Franchise Disclosure Document (FDD): What You Need to Know
Prospective franchisees typically receive a Franchise Disclosure Document after requesting more information about a franchise or during the Discovery Day process. But this 100- to 200-page legal document is more than just an intimidating pile of papers; it can mean the difference between your success or failure as a franchise…
Choosing a Franchise Opportunity: What to Ask a Franchisor
Choosing a franchise opportunity is much like buying a new car; it’s a big investment that requires its fair share of research. Although a two-seater Porsche with all the upgrades is everything you’ve always dreamed, it likely won’t have enough room for your family of five. And while an SUV…
Millennials Search for the Next Big Franchise Idea
If you were born between 1982 and 2004, you are considered a Millennial. You’re as old as 31 and as young as 9. Today, the number of 20 to 30 year olds aspiring to be their own boss is, perhaps, greater than ever before. If you’re in your 20’s and…
Franchise Earnings
Last week, thousands of fast food workers went on strike in New York City to protest their low hourly wages. At $7.25 a hour, fast food workers live well below the poverty level in New York and view franchisees as greedy businessmen raking in the dough. But as a franchisee,…
Franchise Buyer Beware! Caveat emptor!
With any luck, your franchise buying experience while looking for the ideal franchise business for you, will be fun and exciting, and all the franchisors you talk with will be happy to welcome you into the fold, to support you as you contribute to the overall success of their company….
How Does Your Franchise Handle Disastrous Circumstances?
Choosing a franchise business opportunity requires careful research into the franchise to make sure that it’s a good opportunity and a good fit for you. One thing you might not have considered checking for is how the franchise handles a disastrous circumstance . We’re not talking here about hurricanes or…
Is Multi-Unit Franchising A Viable Option For You?
You may be thinking about opening two franchise business locations at once, or you might be looking to expand from a first successful location to a second. There are some things to think about, either way. You need to make sure that the locations are far enough apart that they…
14 Questions to Ask Franchisees Before You Buy a Franchise
Are you considering a franchise business opportunity? Don’t miss one of the best resources available to you: other franchisees of the franchise you’re considering. They’ve been through the process, know the ins and outs of running their franchise, and can tell you all kinds of information from the point of…