Buying A Franchise
Structura Body Therapies Announces Aggressive Franchise Growth
The company has announced an aggressive franchise growth strategy
that is based upon addressing the problems of poor posture utilizing
innovative advanced body therapies. Read
Why Some Franchisees Fail
Before considering a franchise opportunity itís important to know
why a franchisee can fail. Armed with this information, it will
make it easier to determine if youíre suited for
a particular franchise.
If Youíre Buying a Franchise Having the Right Attorney is
Be sure to use a franchise attorney if youíre going to buy a
franchise. Here are the reasons why you shouldnít go it alone or use
any attorney. Read more >>
Buying a Franchise? Do You Really Know the Franchisor?
If youíre focused in on buying a particular franchise, itís
important to be familiar with the
franchisor and how the staff performs before signing the
These Franchises Have Substance
We took a look at different franchise sectors to see how some
performed in the past five years. Here are
A Buyers Choice Home Inspections Franchise Projects Triple
Home Inspection Franchise Poised for Accelerated Growth in
Targeted Markets over the next two years.
Read more >>
Franchisors Need to Interview Franchisee Candidates
When some franchisors qualify franchise prospects they place
emphasis on the financial and business qualifications, however, the
process needs to include a quality
Changing Demographics Will Continue to Impact Franchising
The composition of the U.S. population continues to change. As
these changes take place franchisors need to prepare and respond to
these growing markets.
5 Areas Franchisors and Franchise Prospects Should Focus on
Here are 5 important areas that prospective franchisees and
franchisors should pay attention to. If
these areas are in sync, chances are the franchise is in good shape.
Franchising 101 for Franchise Prospects
For individuals considering a franchise opportunity the first
step in the process is to take
Franchising 101, which is tuition free.
Growing Franchise Sector Includes Food Thatís Fast, Healthy and
Here are five healthy fast food franchises with a winning menu
and the right formula for
CMIT Solutions Exceeds Growth Goals in 2012; Sets Stage for
Strategic 2013 Expansion Plan
The CMIT Solutions franchise has surpassed its growth target
for 2012 and plans for strong expansion in 2013.
Read more here >>
When Buying a Franchise Calculate Your ROE
When evaluating a franchise opportunity, the
return on effort or ROE can be just as
important as the return on investment or ROI.
The Drivers of Home Care Franchise Growth
An excerpt from my soon to be released report
Home Care Franchise Industry Update
Buying a Franchise? Invest Time before Money
For those considering investing in a franchise opportunity the
first step should be to gain some basic
knowledge of franchising. This ought to be done before searching
for franchises and using franchise consultants.
Rollovers as Business Start-Ups (ROBS): Thinking about the Risks
Attorney, Michael Sheehan describes the pros and cons of using
retirement funds to capitalize a new franchise or business. Itís a
comprehensive look into the subject of Rollovers
as Business Start-Ups.
Executive Care Announces Nationwide Expansion through New Franchising
Executive Care launches new franchise program. Will build on the
success of it's New Jersey and Florida operations.
Read more >>
Patrice and Associates Franchise: The Right Recipe for the
The Patrice and Associates franchise has all the ingredients for
success: a large market, a flexible franchise
program and ready to serve clients.
Evaluating a Franchise? Franchise Re-sales an Important
Individuals considering a franchise opportunity should include
the potential for a franchise resale as part of their due diligence
process. Having an exit strategy is
a critical component of any new business start-up.
Itís the Franchise Stupid
Itís important that franchisors and franchise candidates focus attention on
the basic franchise operation and not get sidetracked into other areas.
Overlooking an Important Item When Buying and Selling a
Whether youíre an individual considering the purchase of a
franchise or a franchisor seeking qualified franchisees there is an
important item both groups often overlook.
Sloanís Ice Cream Launches Franchise
Sloanís, South Floridaís palatial ice cream, candy and toys paradise
announced today its strategic franchise initiative -- indulging investors with
an opportunity to open their own savory and aromatic wonderland.
Read more >>
If youíre Buying a Franchise Donít Go It Alone!
There continues to be a number of individuals that look to purchase a
franchise without the benefit of
professional advice. It can be the biggest
mistake they will ever make.
An Opportunity for Franchise Brokers
There are opportunities for franchise brokers to work with start-up
franchisors. However, for various reasons it appears that few brokers or broker
groups take advantage of this potential market.
5 Tips when Considering a Franchise Business
Here is some good advice for those pursuing a franchise opportunity. These 5
tips can help you to make the right decision.
How to Give a Franchise the Once-Over
A good amount of information has been written about how to
evaluate a franchise opportunity. Here is a way to do an
initial franchise review before
spending a lot of time and money.
Veterans: Be Cautious When Pursuing a Franchise Opportunity
A number of franchisors are offering financial concessions to
veterans interested in purchasing a franchise.
Veterans need to look before they leap.
Franchising to Veterans Requires Some TLC
As more franchisors provide returning veterans with franchise
incentives itís important not to treat them like other franchise
candidates. They require some special
Franchise Candidates Should Act Like Investors Not Buyers
When seeking a franchise opportunity itís important to take off
the buyerís hat and put on the investorís hat.
Here are some tips on how to facilitate the
The Franchise Sales Process is about Qualifying Not Selling
Franchisors and franchisor representatives need to place greater
emphasis on qualifying a franchise candidate throughout the
franchising process. Utilizing traditional
selling techniques in franchising is not the most effective path
Finding Hidden Franchise Gems
There are a number of franchises that provide outstanding
opportunities for prospective franchisees. Many of these franchises
are not well know and choose to apply more resources on their
existing franchisees rather than selling lots
of new ones.
Examining Icebergs: Discovery Day at the Professional Services
Learn how a Discovery Day visit can vary depending upon the type
of franchise. In the following example, the
operation of a professional
service franchise represents a different experience for both
franchisee and franchisor compared to other franchise opportunities.
A Certain Trait Franchisors and Franchisees Can Share
Read about a trait that both franchisors
and franchisees can share.
A Business Plan Should be a Requirement for Buying a Franchise
If a franchise candidate was required to write and submit a
business plan to the franchisor before final approval I truly
believe the result would be less franchisee failures and more
successful franchise networks. This
article presents the reason why.
The Franchise Operation and the Franchise Agreement are
Some franchise candidates make the mistake of paying too little
attention to the franchise agreement and how it relates to the
franchise operation. Here are several
important areas to focus on.
The Most Important Step When Buying a Franchise
Performing a comprehensive evaluation of a franchise is a critical step before you pay the franchise fee and sign the agreement.
Learn how to perform this important activity.
The Kona Ice Franchise is Real Cool
In this interview with Kona Ice President, Tony Lamb youíll learn
about an exciting and growing franchise
and how its franchisees have donated $3,000,000 to schools and
Franchise Spotlight: Rising Roll Gourmet
Rising Roll Gourmet is an exciting franchise concept built upon a menu of
quality sandwiches sold in a variety of venues. Read my interview with
President, Mike Lassiter.
The New York Franchise Show Will Have a Grand Opening!
The International Franchise Show (IFE) is heading for a great launch in its
New York City debut on June 15th. Read why this event has the potential to
grow into a major franchise event.
Is the Relationship Between Cold Stone Creamery and Its
Franchisees a Bit Chilly?
Cold Stone Creamery has had its share of problems over the past
few years. The latest chapter is a lawsuit by a number of its
Five Growing Franchise Industries
Learn about five industries that offer healthy franchise
opportunities and a path for individuals who are looking to
own and operate their own business.
If You Purchase the Wrong Franchise Your Legal Remedies May Be Limited
Current franchise agreements and judicial decisions can provide obstacles to
franchisees who take legal action against their franchisor. The result is that
prospective franchisees had better make the right decision when choosing and
purchasing a franchise.
Ten Questions Franchise Candidates Shouldn't be Afraid to Ask
Before signing on that dotted line and paying the franchise fee
there are certain questions that the franchisor should be asked.
youíve already considered asking these questions kudos to you,
however, chances are youíve missed these.
Do I Really Need To Read The Franchise Disclosure Document?
The Franchise Disclosure Document is a key component of the franchise process
since it provides important information and disclosures about the franchise
opportunity. Prospective franchisees should be prepared to review this important
document and simply pass off their attorney.
Home Based Franchises Keep on Growing
The number of home based franchises continues to grow and in some
franchise segments the home based feature exists in a majority of the total
franchise companies. This article
presents some interesting statistics and the reasons why home based
franchises continue to grow.
Franchisees Make Lots of Bread at Planet Sub
Recently, I had the opportunity to speak with Sean Kelly, the co-founder of
Planet Sub, and I came away totally impressed. The following article will help
you learn how this franchise combines an exciting food concept with an equitable
opportunity for franchisees.
My Destination: A Franchise Without Borders
This interview with My Destination presents an
overview of this exciting franchise concept.
Learn why this unique franchise concept travels so well.
Look Before You Leap: Due Diligence By Prospective Franchisees
Itís important that prospective franchisees perform a
comprehensive due diligence before
purchasing a franchise. This article by franchisee attorney, Jeffrey
M. Goldstein, provides insight into this important subject.
CareMinders: A Home Healthcare Franchise with a Purpose
Recently I had the opportunity to interview Gary Kneller,
President of CareMinders Home Care.
What Makes a Franchisee Successful?
In a previous article I presented what, in my opinion, makes an
effective franchise leader. This article looks at the other side of
the relationship between a franchisor and franchisee, namely,
what makes a successful franchisee.
A Successful Franchise Below the Radar: The Murphy Business Franchise
Recently I interviewed Roger Murphy the founder of Murphy Business and Financial Services. Franchising since 2006,
Murphy Business and Financial Services franchise has become a successful operation with 127 franchisees.
Starting Up a Franchise Company the Right Way: The MoneySaver Franchise
Starting up a new franchise company requires a combination of the right ingredients.
This interview with Adam Squires of MoneySaver explains why this franchisor has the right ingredients to succeed.
Home Based Franchises Require Something Extra
There are a number of advantages in owning a home based
franchise. However, there can be disadvantages as well. Franchisees
and franchisors should focus on the pros and
cons of home based franchises when making their respective
If Franchisors Would Answer Only One Question
There is one question that all franchise prospects should ask and franchisors
should be able to answer. Learn what this
question is and why itís so important.
When you Buy a Franchise Pretend Youíre Selling It in Five Years
When individuals purchase a franchise most will plan on selling
the franchise at some future date or operate it until their children
can take it over. Iíve encountered some individuals who plan on
operating the franchise for the long term until retirement. If
youíre considering buying a franchise a good approach to take is to
plan on selling the franchise as part of your analysis.
Learn why this strategy can be helpful.
Planning on a Partner for Your Franchise? Here are some Proís
Itís not uncommon for prospective franchisees to plan on having a
partner for their new franchise. However, there are advantages and
disadvantages to a franchise partnership. Here
are some pros and cons.
Operating a Successful Franchise: Not as Easy as it May Seem
New franchisees should recognize that operating a successful and
profitable franchise is never quite as easy as it may appear.
Despite the numerous anecdotes about successful franchisees,
success often requires hard work and
recognition of your limitations.
The Franchise Fitness Craze
The fitness industry continues to be one of the fastest growing concepts in
the franchise industry. This article provides a look inside the
franchise craze and why this sector will continue to grow.
Franchisor Competency: As Important as the Franchise Concept
There are hundreds of franchise opportunities that are based upon a sound
franchise concept but for various reasons never reach their full potential.
Newly emerging franchise companies need to have competent leadership as well as
the necessary financial resources in order to succeed. Although a sound business
model is a prerequisite for a successful franchise so too are the
skills and the experience of the franchise leader.
of Buying a Franchise? The Proís and Conís
Bob Stewart is Managing Director of a British recruitment and
outplacement firm. As a former franchisee, Mr. Stewart offers his
insight and advice regarding franchising.
Whether in Pounds or Dollars the message is the same.
Buying a Franchise through the Eyes of a Franchise Expert
After having been involved in franchising for almost my entire business career
my knowledge of franchising qualifies me as an expert. Here
are the key areas I believe anyone buying a franchise should focus on.
Before Starting Your Franchise Have Your Team Ready to Go
A successful franchise operation requires more than one person to manage the
business. There are a number of reasons why itís important for a new franchisee
to have their team in place before the franchise is off and running. First, the
franchisor needs to know how the franchisee intends to operate their franchise
before completing the franchise transaction. Here are some reasons why both the
franchisee and franchisor need to have answers to this particular question.
The Benefits of Owning a Franchise
Even though the benefits of
owning a franchise compared to building a business from the ground up are
numerous, each franchise opportunity must be evaluated on an individual
basis. The needs and capabilities of each prospective franchise must be
How to Evaluate a Start-Up Franchise Company
In a previous article I presented the advantages and disadvantages of
purchasing a franchise from a new franchisor. This article provides key factors
that should be considered before making your decision. Learn how to evaluate the
start-up franchise company.
Don't Forget the Kids Franchise
We continue to read about the growing senior market. However, the market for
children's products and services is far greater and continues to grow and offer
significant franchise opportunities. Here are some top ranked franchises
servicing the children's market.
Prospective Franchisees and Franchisors Should see These Statistics
Whether youíre considering purchasing a new franchise or starting up a
franchise company these key industry statistics from the U.S. Census Bureau
provide insight into the role of franchising.
Startup Franchise Considerations Presentation
This presentation by Ed Teixeira goes into more detail about the
criteria you should investigate before investing in a new franchise
Five Indicators of a Successful Franchise Program
There are certain attributes that all successful franchise programs
share. This article presents five of the most important attributes. Whether
youíre a franchisor or an individual looking to purchase a franchise read
this article to learn about what successful franchises have in common.
Purchasing a Start-Up Franchise? Here are some Advantages and Disadvantages
Hundreds of new franchises start up every year. Some of these new franchises
can represent a good opportunity for prospective franchisees however; these
individuals need to understand the pros and cons of investing in a brand new
franchise. Here are some of the important considerations to look for.
Understanding the Passionate Franchise Founder
When visiting franchisorís corporate headquarters, franchise candidates look
forward to the opportunity of meeting the person who founded the franchise.
However, itís important that these candidates keep the enthusiasm often
demonstrated by the founder in proper perspective.
Before You Buy A Franchise Get The Answers To These Three Questions
If youíre considering buying a franchise you should read this article. Youíll
find some useful tips that you can use before moving
toward a most important decision.
If Franchising Is Your Back Up Plan, Get A Job!
Franchise expert Dr. John Hayes, offers a reason why someone shouldnít buy a
franchise. This brief article is to the point.
Tips for Choosing The Right Franchise
How can you be sure the
franchise you choose is the right one for you? Here are 5 tips for
choosing the best franchise to buy.
Looking for a Franchise? Consider Purchasing an Existing Franchise
If youíre thinking of purchasing a new franchise, you may want to consider
purchasing an existing franchise. Statistics indicate that, on average, a
typical business changes ownership every four years. Franchised businesses are a
part of this universe, and studies undertaken by the business brokerage industry
report that franchised businesses follow the same pattern.
Here are some things to keep in mind before purchasing an
Buying a Franchise? You Better Understand Item 7 of the FDD
Item 7 in the Franchise Disclosure Document requires franchisors to set out
in a prescribed format a franchiseeís estimated initial investment needed to
start the franchise business. Itís important for individuals looking to purchase
a franchise to fully understand what Item 7 contains. A leading cause of
franchisee failure is being undercapitalized. Learn how to avoid falling into
10 Franchises Poised for Growth
We reviewed franchise concepts in two of the fastest growing industry
segments: home healthcare and personal fitness. Using specific indicators we
came up with ten franchises that met our guidelines.
Read this article to see
the franchises that made the list and to learn how they were chosen.
Making the Most of Your Franchise Expo Experience
Visiting a franchise expo event may seem like the perfect way to find the
franchise thatís right for you. And it is, but only if youíve done your homework
and have constructed a plan to make the most of your
How Do You Avoid Double Talk When Interviewing Existing Franchisees?
One of the most important steps in the due diligence process of buying a
franchise is to interview existing franchisees. I recommend that you
as many as possible and that you visit at least one and spend at least part of a
day exploring the franchise opportunity. After working in a franchise for a day,
or a weekend, you might decide itís not really for you!
Does Background Matter for Potential Franchisees?
For people looking to start their own business and become their own boss,
itís important not to limit your options. If a potential entrepreneur has no
specific experience in a given industry, that doesnít mean thereís not an
opportunity for success.
The Best Franchise Opportunities to Invest In
Investing in the right franchise opportunity requires the
gathering and analyzing of a great deal of information. Choosing a
franchise based upon current or short term trends should not be the
criteria. The demand for products or services during the next decade
is more important. This article provides
a look into the future and where the best franchise opportunities
will be. Some of these may surprise you.
A Simple Way to Evaluate a Franchise Opportunity
These simple guidelines can be used to begin an evaluation of an
existing franchise opportunity. These guidelines also represent the
foundation for building a franchise concept from an independent
business. Follow this list to find important questions and
attributes that you should consider when you search for a particular
franchise. When youíre finished, ask yourself if the franchise
program passes the test.
Franchise Direct Home Care Report
Here is a summary of the Franchise Direct report on the fast growing
home care Industry. Another example of why the home care franchise
segment will continue to grow. Learn
more about this exciting franchise opportunity.
Franchisees Should Maximize the Benefits of their Discovery Day
When attending a Discovery Day for a franchise opportunity itís
important to recognize this event as a critical step in the
franchising process. This article provides an outline of the
steps a franchise candidate should follow
when attending Discovery Day in order to maximize the benefits of
Home Care: A Franchise Opportunity with a Dynamic Market
The home care industry continues to grow and will continue to represent a
large market segment in the future. Franchise companies that provide home
care to seniors are an excellent opportunity for franchisees.
article to learn why.
2010 Fast 55
Read about the
Fast 55 compiled by FRANdata and featured in Franchise Times. The 55
companies have been franchising for less than five years and is
based upon data taken from 2004 to 2008.
A Warning Before
Buying a Franchise
A recent article in the
WSJ Bankruptcy Blog, serves as a reminder. Before you purchase a
franchise be aware of ďred flags.Ē First, be sure you know who
youíre dealing with and confirm what they represent. In this case, a
master developer, who was representing the franchisor, made
questionable representations to the prospective franchisee. Second,
be wary of any pressure from the franchisor to buy the franchise.
Click here to read the entire article >>
25 Questions to Answer Before Your
Make Your Final Decision
Before you make sign that franchise agreement
and lock yourself into a contract, be sure you
get answers to these important questions.
Why Franchisees Fail
Ask any expert about buying a franchise and they will always recommend that you speak with existing franchisees before you make a decision to purchase a specific franchise. However, it’s important to know what questions to ask. Understanding
why franchisees fail can lead you to ask the right questions
and improve your chances of success.
Get To Know The Franchisor Before You
Buy The Franchise
When buying a franchise, it’s important to evaluate the franchisor. This article will present tips on
getting to know the franchisor before you sign the franchise agreement.
Women and Part-Time
If you see an advertisement for a "Great
Part-Time Franchise Opportunity for Moms," is it likely to be a
legitimate sales pitch or just plain hype from a franchisorís slick
marketing department? Here's what you need to know about
How Much Money Can You Make as a
When investigating a franchise
opportunity, one of the most difficult pieces of information to get
from the franchisor is how much money you might make. This can be
frustrating because you are not going to invest in a franchise until
you have a good idea of what you can earn. Find out the ways to
learn how much money you can expect to earn as a
Shopping at a Franchise Expo
You can see a lot of franchises at a
franchise show. You'll also be exposed to a lot of sales
people. Here are things to know as you investigate various franchise
opportunities at franchise shows.
Which Franchise Is Best?
Buying a franchise is a big decision.
Before you make it, get answers to these 15 questions. The answers
will help you choose the right franchise