If you are new to the world of franchising, you may be surprised to learn how rigid and inflexible the franchise “rules” can be. It seems inconsistent with a business format that is praised as an avenue for creativity, entrepreneurship and the potential for rapid cost effective expansion. A great example of this is the […]
What Is “The Best Franchise” to Buy? ; 12 Tips to Choosing the Right Business
What does the “top 10 hottest franchises” or the “10 best new franchises” get you? The current winners in a popularity contest where the rules change and no one knows who makes the rules–or picks the best franchises or the hottest franchises. Just because the sheep follow the leaders over a cliff, doesn’t mean you […]
Saying It’s Not A Franchise Doesn’t Change Things
Whether buying or selling, there are two schools of thought: 1. Being a franchise is good; or 2. Being a franchise is bad. Why good? It has become a more understood method of expansion. It is true, you can grow a business using other people’s money. You can buy a “proven” concept with support and […]
IPad – works for this franchise attorney.
Time for an iPad post acquisition update. iPad is the best thing since sliced, I mean organic, bread! Not only did my iPad steer me to a mediation located in a maze like part of town after I missed my exit, but it kept me both informed (email,google and safari for quick research) and entertained […]
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.
