Tag "franchise"

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Cost Effective Promotional Ideas for Your Business

The key to any promotion or marketing strategy is to get customers in your business. However, the more important part is that once you get that customer in your store,

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How I Started My First Franchise

What am I going to do after I graduate college with a business degree?  This question consumed me as I was nearing graduation.  This one question bred many other questions:

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Is Franchising for Me? Introduction Workshop

Training Module – 1 Workshop Objectives By the end of this workshop, you should be able to: * Define franchising. * Determine whether franchising is the best business option for

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Is Franchising for You? – Understanding the Franchise Contract

The franchise contract, like the UFOC, is a very important document. The contract is probably the most important document in the transaction process. It is a legal commitment which is binding on both

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Is Franchising for You? – Determining What the Franchise Package Contains

After gathering all the information you will need to make an informed purchase decision, carefully examine this information with your attorney, accountant or business advisor ensuring that it is addressed

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Is Franchising for You? – Identifying the Franchisor’s Responsibilities

An important step in making an informed decision about purchasing a franchise is to know the responsibilities the franchisor is legally obligated to fulfill. One of the toughest decisions any

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Is Franchising for You?

As with any business, the first step in determining whether or not to enter into the venture is to assess your reasons for going into business. If you feel you

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Evaluating Franchises

The success rate for franchise-owned businesses is very high. According to studies conducted by the U.S. Department of Commerce from 1971 to 1987, less than 5 percent of franchised businesses failed or were

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