Today's news for the franchise & small biz owner

Log In / Register | Jun 19, 2013

If You’re Buying a Franchise, Having the Right Attorney Is Crucial

Purchasing a franchise is an important decision. People will use their life savings, a home equity loan or borrow money from family members to fund the franchise.

The Days of High Upfront International License Fees Are Over

A number of years ago certain franchisors that franchised internationally had a practice of trying to get the highest licensing fee as possible upfront.

Franchising Can Learn a Lesson from Great NFL Coaches

Franchisors and franchisees can benefit from the leadership style and management skills of the NFL’s great coaches.Being an avid sports fan, I’ve had the benefit of watching professional football for a number of years.

When Buying a Franchise Calculate Your Return On Effort

When evaluating a franchise opportunity, the return on effort or ROE can be just as important as the return on investment or ROI. When individuals consider purchasing a franchise, an important part of the evaluation process is projecting the ROI or return on investment.

Home Care Franchise Industry Update 2012

Here is an excerpt from my just released Home Care Franchise Industry Update 2012 report, entitled The Drivers of Home Care Franchising. There are three key factors that are driving the growth of the home care franchising sector.

Franchise Re-Sales: a Key Consideration When Evaluating a Franchise

Individuals considering a franchise opportunity should include franchise resale performance as part of the due diligence process.  Having an exit strategy is a critical component of any new business start-up.

If Buying a Franchise, Don’t Go It Alone!

There continues to be a number of individuals that purchase a franchise without the benefit of professional advice. It can be the biggest mistake they will ever make.

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.

A Review of the NYC Int'l Franchise Expo

After attending the recent International Franchise Expo at The Javits Center in New York City I found it a definite improvement over the long- running IFE in Washington,D.C. There was more traffic and the number of exhibitors was higher.

The Franchise Sales Process Should be About Qualifying Not Selling

Franchisors and franchisor representatives need to place greater emphasis on qualifying a franchise candidate throughout the franchising process.