The best things about a family are that you can completely be yourself, and you have each other’s backs. But should you buy a franchise with them?
Master franchising can create new opportunities and new income streams but it is not appropriate for all franchise systems.
Take steps to protect your IP and avoid disputes with your franchisees.
If you want to be a multi-unit franchisee, what will you gain from the experience? We posed this question to one of the leading franchisees in the US, Aziz Hashim.
Marketing funds are an important piece of the franchising puzzle. They offer benefits but they can also be a sore spot for franchisees.
Structuring the business model for franchisee profitability is essential for the long-term success and viability of the network.
The importance to franchisors of ensuring that franchising documents are appropriately prepared, executed and are enforceable cannot be overstated.
It is critical that you understand the essential elements of the franchise agreement that will govern the relationship between you as a franchisee and the franchisor.
You’re looking to buy a business and have to conduct due diligence but you don’t know what it is. Well, you’re not alone.
What decisions will you make to set up your multi-unit business for success?
Many franchisees believe that they will have the right to terminate their franchise agreement if the franchisor goes into liquidation
The operations manual of a franchise system, together with the franchise agreement, is one of the most important documents that will apply to a franchisee.