Before You Sign on the Dotted Line

Deciding to buy a franchise is a life-changing decision. Once you’ve determined that franchising suits your personality and business aspirations, identified the right franchise, done your math, attended the initial training and, perhaps, paid an initial deposit, you’ll be asked to sign a Franchise Agreement. Typically, this agreement can run 40 or 50 pages, and [...]

Is A Computer Repair Franchise Right For You?

Computers today are ubiquitous, Virtually every home, school and business has one or more, and they are almost constantly in use. While computers are extremely empowering, when they need repair, the average user is absolutely helpless. That being the case, there is a huge opportunity for tech-savvy entrepreneurs to fill this underserved market niche.  This [...]

Two Attractive Franchise Opportunities

Are you one of the millions of Americans thinking about setting up a small business but unsure of exactly what you want to do? Or maybe you’re frightened of not being able to generate enough business to make a go of it. In either case, you may want to take a close look at some [...]

Tutoring & Educational Franchise Opportunities

Are you a businessperson who’s a natural with children? If so, you may find that a tutoring or other child learning franchise can be an intensely rewarding experience. There are few things you can do that make you feel better than working with children and their parents to make both of their lives better. As [...]

The Importance of Intellectual Property in Franchising

Broadly speaking, intellectual property (IP) includes any product of someone’s mind or intellect that has commercial value. In particular, intellectual property includes “property” that can be protected through copyrights, patents and trademarks. Intellectual property can involve ideas expressed in literary and artistic works such as novels, poems and plays, films, musical works, drawings, paintings, photographs, [...]

Getting the Most from a Franchise Exposition

When you attend a franchise exposition you have an opportunity to speak with a variety of franchisors over a period of a day or more. The following are a number of tips to help you get the most out of that opportunity. Whenever possible, get the exposition directory prior to the show. This will give [...]

3 Things You Should Know Before Buying a Franchise

In simplest terms, a franchise is an arrangement entered into by the owner of a specific business and a second party. The agreement permits the second party, or franchisee, to operate an identical business using the original owner’s unique brand and other intellectual property. In turn, the franchisee pays the franchisor certain fees for that [...]

Fear of Franchising?

Many people that I’ve met express an interest in purchasing a franchised business. But, far too often, they’re held back by misinformation, unfounded concerns, personal misgivings, fear of failure or the alarmist reactions of family and friends. Let me be frank. Franchising, like many other forms of business, has had to make up for past [...]

It’s Not Your Father’s Burger Franchise!

At first blush you might think that there’s no room in the world of casual dining for another hamburger franchise. But you’d be wrong. And, The Counter, headquartered in Culver City California, is proving just how wrong. Established in 2003, The Counter is in the business of making “Build Your Own Burger” hamburgers in more [...]

Definitions of Franchising

The concept of franchising is actually quite straight forward, but clients new to this business model, often ask me to define franchising (or franchise) before we go any further in our discussions of its numerous business advantages. With this in mind, I thought it would be interesting to provide you with a number of definitions [...]

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