Anyone who really understands franchising and how the disclosure process works needs no more than an hour to judge the quality of an offering (on paper, including marketing materials and/or website).
Last year's buzz and flash of comments regarding American Association of Franchisees and Dealers award to Cuppy's Coffee has this year morphed into a clear divide among franchise pros with the recognition of Curves.
The Small Business and Entrepreneurial Council, an entrepreneurship support and advocacy group, recently ranked states by their friendliness to new businesses.
Indeed, 2008 was a different environment for franchise seekers compared to other years of increased unemployment. As has been stated here and elsewhere, this time combines job loss with asset loss.
Businesses succeed or fail due to a variety of reasons both in and out of the hands of ownership. However, the franchise ‘sub-set’ of entrepreneurship adds an interesting dimension to the mix, especially as it pertains to overcoming new challenges.
A short time ago, Attorney Michael Webster responded to a comment I made and it showed me the disconnect between two “types’ of franchise buyer services providers.