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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. Read More

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. Read More

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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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. Read More

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... Read More

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 Read More