They're Out There! Whether you realize it or not, the chances are pretty high that you already do business with a company that could be a great candidate for franchising their business. Sound crazy? Not really. Some of the same reasons that you return to do business … [Read more...]
Myth – A Business Needs to Show Financials to Franchise
The topic of financials is an area of misconception that surround franchising and continues to confuse people. Let's cover some background information and understand what financials are needed when franchising a business. To start, remember that franchising is a completely … [Read more...]
Identifying The Perfect Franchisee
Finding the perfect franchisee is no different than finding the "perfect" employee. However, as a franchisor, you will be looking for someone "just like me" who will embrace your business, dedicating themselves to make it a huge success in their market. Either way, you … [Read more...]
What is the True Definition of a Franchise?
At some point, every business owner says “I would like to franchise my business” and begins to entertain the idea of franchising. The simple truth is that any business and any idea can be franchised. Legally, all that is required of a business in order to franchise is … [Read more...]
