When you buy a franchise, you have to signing an extensive document called a Franchise Agreement. This is a BIG commitment. Be sure you do your research – your due diligence. Do read the documents. Do make the visits and calls. Do ask questions.
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Franchiseco submitted the following stories to BizSugar
It Should be Called Franchise "Do" Diligence
Posted by franchiseco under FranchisesFrom http://www.franchisesforsale.com 5166 days ago
Do Your Research Before Buying a Franchise
Posted by franchiseco under FranchisesFrom http://www.franchisesforsale.com 5173 days ago
How does a top 10 sandwich franchise end up in a $206 million legal settlement with its franchisees? That’s not important. What’s important to you is that this information is publicly available. If you are interested in this franchise brand, you should know about this settlement.
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Everything You Wanted to Know About Item 19 But Were Afraid to Ask
Posted by franchiseco under FranchisesFrom http://www.franchisesforsale.com 5173 days ago
Item 19 in the Franchise Disclosure Document (FDD) -- Financial Performance Representation, or FPR, which can include a range of actual or potential income, sales, gross or net profits.
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Thinking about Buying a Franchise? Think About Your Family First
Posted by franchiseco under FranchisesFrom http://www.franchisesforsale.com 5187 days ago
Families do not consciously sabotage a Franchise. But a Franchise without family support – well, one or the other is doomed. At the beginning, the Franchisee is excited about the business, and they should be! But they expect their family to join in the excitement.
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How Franchise Businesses Help Our Labor Force
Posted by franchiseco under FranchisesFrom http://www.franchisesforsale.com 5196 days ago
With Labor Day right around the corner; I would like to express appreciation for the large number of employees that are part of the franchise workforce. At the same time, I want to acknowledge the economic impact franchising has on the U.S. economy, producing goods and services...
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Time Strategies for Getting Your Franchise Business Off the Ground
Posted by franchiseco under FranchisesFrom http://www.franchisesforsale.com 5197 days ago
Some statistics say that 50% of new businesses fail within the first year.1 Buying a franchise may give you an edge due to the base of support, proven operations and marketing systems. However, some franchisees still fail. Usually the downfall has to do with either time or money. Previously we loo
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