Last week an online article was published about McDonald’s aggressive actions to stay ahead of consumer trends by being willing to continually implement both change and innovation. These are attributes that can certainly benefit small businesses and franchised businesses as well, and I applaud the general idea. However, if you read further into the […]
Why Use a Franchise Attorney?
Or, why not just save a little money? The Internet is a tremendous source of information. A lot is written about franchises and franchising unfortunately, I am still waiting for the next gen to produce infallible Truth or Lies software. In the meantime it is all about Truth or Dare. You can find […]
Do You Know Who You Are Dealing With?
Lately some franchise and business opportunities seem to be more like a lot of the mystery business web sites on the Internet. Can you tell who you are dealing with? Let’s start with the company. Where is it located? State and city? Can you even tell what country? Is it a corporation or an LLC? […]
Pitfalls of Social Media and Franchise Opportunities on the Net
I counsel prospective buyers frequently about how to evaluate franchise opportunities. One of the traps they fall into when buying a franchise is just falling in love with the business and wanting one badly. If it is a newer and/or smaller franchise system, or one of the ever increasing numbers of start up franchises, it […]
What Is “The Best Franchise” to Buy?
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 […]