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.
A FRANCHISE IS WHAT “THEY” MAKE OF IT
Are you a risk taker? Willing to take a chance on a new concept, a new company? Do you need a mature, well proven business. How much are you willing to risk? Are you prepared to deal with the consequences of failure?
16 Reasons Lawyers Should Use Twitter
I think if more people would take an attorney’s advice about how to use Twitter they would improve their image 100%..OK, for the tweeters who post about a zillion posts a minute, it will improve your image a zillion %.
Problem Franchises: Delays Have Dangerous Ends
When business is good and the franchisor-franchisee relationship is positive, the contract doesn’t matter. If things goes south, it’s all you have. Too often franchisees are so caught up in the struggle to make their business profitable and keep it going, that they put off addressing core problems involving the franchise. They just cannot seem to find enough time to deal with difficult underlying issues.
Franchising Myths & Realities
Any business concept can be offered as a franchise, but a lot goes into a successful business. Franchises can offer a better chance for success only if it gives you more than you would have doing it on your own. Sometimes the only real value to buying a franchise is that it commits you to following through on the process of preparing and starting a business.
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