Trading Your Briefcase For An Ice Cream Scoop
You’re excited about buying a franchise, taking the plunge, ready to trade your briefcase for an ice cream scoop. The company’s told you it’s the opportunity of a lifetime, given an impressive tour of their headquarters and taken you to a couple of [...]
Franchise operations manuals may seem daunting, especially for a company that has never written an operations manual before. Bewildered by the new business of franchising, with its legal requirements, franchise disclosure documents, operations manuals, training programs, etc., many companies delegate responsibility to a high-priced franchise consultant.
Evaluating franchise attorneys and evaluating franchise consultants can seem a daunting task. But the firm a company selects to assist its entry into franchising, refine existing franchise efforts or make franchise opportunity investment decisions will have profound consequences. While asking for a list of references is one approach (and when [...]
What’s the difference between franchising vs. licensing a business? The starting point in the franchising vs. licensing a business analysis is to consider the legal aspects, then the business aspects. In considering the legal aspects, begin with the following premise that applies to both options. If you put someone into business [...]
Franchise Disclosure Documents (FDD) under the FTC’s new Franchise Rule continue to be a good concept in theory. Unfortunately, reality plays a more important role and reveals an entirely different picture.
Here are some of my observations, based on twenty-eight plus years of experience in the franchise industry as a
Millions of people dream about owning their own business. Having the independence that being your own boss brings, the security that no one can fire you, enjoying a good income – and for the most successful – the accumulation of wealth and prosperity. Unfortunately, the cards are stacked against a new small business making it [...]
Imagine opening 20 new business locations without having to foot the bill for real estate, equipment and development costs or taking on any of the risk. Even more, imagine finding managers to run all those locations, who are just as committed to growing the company as you, and you dont have to pay them a [...]
By Tim Bonderud
The motel company, Super 8 with a humble beginning in 1974, is now bejeweled with 2,000 motels all over the United States and Canada. The company has earned a reputation for homely and comfortable stay in over 100 foreign locations. The prime character attached to their business [...]
by : Cristian Stan
Many people want to run their own businesses and not have to answer to bosses. There is the draw of making your own money and working for yourself. However, there is always a certain amount of risk involved in any financial venture so everyone wants to [...]
by : Jonathan Bay
Which of these aspects about business that caught your eyes: The temptation of easy money, the thought of being you own boss without to obey anyone else, the time flexibility, or simply the right time and place to finally go out on your own. Having your [...]
