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When Franchising a Business, Apply These Statistics to the Franchising Process

When a company decides to franchise its business, it's important ownership understands the risks.

The franchise model continues to provide a formula for success. However, just like other business ventures, franchising a business carries a certain amount of risk for franchisors.

Why the Franchise Industry Can't Solve the U.S. Wage Problem

Raising the minimum wage in certain industries won't change the economic realities of what's causing the problem.

A Union Ruse to Organize Mom-and-Pop Stores

Steve Caldeira,  president of the International Franchise Association wrote an opinion piece for the Wall Street Journal. He describes the strategy of the S.E.I.U. Regardless of whether one represents the interests of franchisors or franchisees, I am of the opinion that this issue is potentially one of the most serious to ever face the franchise industry.

Will Seattle’s New $15 Minimum Wage Unite the Franchise Industry?

A recent vote by the Seattle City Council to increase the minimum wage to $15 has brought heated responses from various members of the franchise community.

Protests against McDonalds and Other Chains in U.S. Spread to Other Countries

Worldwide protests against major franchise fast food chains took place in over 30 countries on May 15.  The protests first began in New York at the end of 2012 and are being heavily promoted by the Service Employees International Union (S.E.I.U.).

The Lesson from Maine on Franchisee Protection Legislation

The recent defeat of the Franchisee Protection Bill in Maine speaks volumes about the future of these bills. From the state of Maine, birthplace of Dorothea Dix, John Ford, Stephen King and Longfellow, the legislature has sent a message to those who advocate franchisee protection legislation.

Home Care Franchise Industry Update 2013

Following is an excerpt from the just released FranchiseKnowHow report on the franchised home care sector for 2013:

Auto Franchises Making a Come Back

Despite lackluster performance over the past few years automotive service franchises will be making a comeback. Over the past three years franchises in the automotive service sector haven’t fared well.

I‘m Changing My Forecast for Frozen Yogurt Franchises

Last year I predicted that despite the popularity of frozen yogurt concepts like Red Mango and Pink Berry  this franchise segment would slow down and experience the same contraction that took place in the 90’s. I must admit that I was wrong.

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.