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Posts Tagged ‘franchisee

Where other businesses struggle, franchise businesses thrive. Wendy’s and McDonald’s are prime examples of successful franchise businesses, and also provide inspiration for those individuals who really want to form their own successful businesses in the future. With a brand behind you and a good idea of what does and does not sell, it is no [...]

Franchising has a longer history than many people may imagine but there have been several defining moments during its history. One of the biggest events occurred on October 21, 1979 when the Federal Trade Commission (FTC) introduced the Franchise Rule. This was designed to protect franchisees because it asserted that all US operational franchisors were [...]

For any individual looking to capitalize on franchising opportunities and owning a franchise business, there are several advantages to consider. Some of those you may be interested in are outlined below: The Franchise Business Pros · Having a brand behind you, whether it is locally or nationally famous, will save you a lot of time [...]

The Franchise Agreement is an obligatory contract drawn by by the franchisor stating the franchisor and franchisee oblgations both parties will have to maintain within during the franchise operation. Franchisor’s tend to be vague about the clauses the put in place within the franchise agreement, so as a potential franchisee you should be aware of 6 main clauses or obligations that should be stated within the agreement. View these here and analyze the agreement with a legal expert to ensure you are getting the right franchise opportunity for you, and not just the benefit of the franchisor.

Buying a franchise is a lot like marriage. Two parties enter into a relationship with the expectation of mutual benefit, long-term support and common goals. When entering into marriage, both people spend a great deal of time learning about each other and making sure they are a good match before making the commitment. The same [...]



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