So You Think You Want to Be a Franchisor? Feel the Need to Franchise Your Business? FAQS Answered. I come from the Keep It Simple school of franchise law, and prefer to make franchising as uncomplicated as possible. But it is still not something you should jump into just because you think franchising is […]
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 […]
Top Five Things to Ask Every Franchisor
There are many things you should be asking a Franchisor about the franchise he sales. Here are the Top Five Things to Ask Every Franchisor 1. How long have you operated this exact business model you are franchising? 2. What is your five year plan? 3. What continuing assistance are you promising to give me […]
So You Think You Want to be a Franchisor?
Feel the need to franchise your business? FAQs answered. I come from the Keep It Simple school of franchise law, and prefer to make franchising as uncomplicated as possible. But it is still not something you should just jump into because you think franchising is a fast way to grow or a great way to […]
Should I work with a Franchise Broker?
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.