Types of Part Time Franchises The fact that part-time franchises have become very popular among the prospective franchisees in the UK is because of the various advantages they provide. The part-time franchise option has spread to diverse wings of the franchising industry today. This has given rise to many such part-time franchises that have been [...]
What Makes a Good Franchise Directory? Over the past ten years we have seen an explosion in internet advertising as everyone has jumped into using this fantastic new medium for promoting their product or services. A particular area which has had niche but heavy growth has been that of franchise advertising and there are now [...]
Franchise Brokers Vs. Franchise Consultants – Distinctions With a Difference The terms “franchise broker” and “franchise consultant” are seen frequently in the press, often implying they are one and the same. But what is a franchise broker and how are they different from a franchise consultant. Do they both offer objective, impartial advice? This article [...]
UK Franchises In recent years in the UK franchising has greatly increased in popularity. In the last year alone the contribution of franchised business to the economy increased by over £5 billion to 12.4 billion. There is no doubt that franchising is now a significant part of the UK economy. A basic definition of franchising [...]
Franchise Disclosure Documents (FDD) – Review Costs; How Much Should You Pay? Trading Your Briefcase For An Ice Cream Scoop You’re excited about buying a franchise, taking the plunge, ready to trade your briefcase for an ice cream scoop. The company’s told you it’s the opportunity of a lifetime, given an impressive tour of their [...]
Franchise Operations Manuals – How To Write A Franchise Operations Manual In Three Easy, Affordable Steps Franchise operations manuals may seem daunting, especially for a company that has never written an operations manual before. Bewildered by the new business of franchising, with its legal requirements, franchise disclosure documents, operations manuals, training programs, etc., many companies [...]
Franchise Attorneys and Franchise Consultants: Critical Evaluation Questions to Ask Evaluating franchise attorneys and evaluating franchise consultants can seem a daunting task. But the firm a company selects to assist its entry into franchising, refine existing franchise efforts or make franchise opportunity investment decisions will have profound consequences. While asking for a list of references [...]
Franchise Disclosure Documents (FDD) – Mission Accomplished? Franchise Disclosure Documents (FDD) under the FTC’s new Franchise Rule continue to be a good concept in theory. Unfortunately, reality plays a more important role and reveals an entirely different picture. Here are some of my observations, based on twenty-eight plus years of experience in the franchise [...]
Buying a Franchise – Evaluating Franchise Investments and Franchise Disclosure Documents – Tips From a Franchise Expert and Franchise Attorney Millions of people dream about owning their own business. Having the independence that being your own boss brings, the security that no one can fire you, enjoying a good income – and for the most [...]
How to Franchise – Strategic Planning, Documentation and Management of Franchise Systems Imagine opening 20 new business locations without having to foot the bill for real estate, equipment and development costs or taking on any of the risk. Even more, imagine finding managers to run all those locations, who are just as committed to growing [...]
