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 a franchise agreement for […]
Buying a Franchise? Keep the end in mind…
The down side of franchising is the unpleasant way franchise relationships can end. When buying a franchise, typically neither the franchisor’s representative nor the prospective franchisee look at how the relationship might terminate—voluntarily or not. It is all about the positives and the prospect of independence as a business owner. Depending on the particular franchise […]
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.