The franchisor’s disclosures may change between the time you receive the FDD and the time you sign the franchise agreement. For example, the franchisor may have updated its FDD each calendar quarter and must update the FDD after its fiscal year ends. You have the right to ask for a copy of any updated information […]
You may want to know how much money you can make if you invest in a particular franchise. A franchisor isn’t required to disclose information about potential income or sales. If it does, the law requires it to have a reasonable basis for the claim when it’s made and to include the claim in Item […]
Before you invest in any franchise, get a copy of the franchisor’s Franchise Disclosure Document (FDD). Under the Franchise Rule enforced by the FTC, you must receive the document at least 14 days before you are asked to sign any contract or pay any money to the franchisor or an affiliate of the franchisor. You […]
Purchasing a franchise is like any other investment: it comes with risk. When you consider a particular franchise, think about demand for the products or services it offers, whether competitors offer similar products or services, the level of support you will receive and the franchisor’s reputation. Demand Is there a demand for the franchisor’s products […]
There are many ways other than franchisors’ websites to find information about franchise opportunities, including visiting local franchised outlets, looking at franchise handbooks, attending franchise expositions and working with franchise brokers. Local Outlets It’s always a good idea to visit franchised outlets in your area and talk to the owners about their experience with particular […]
Before you invest in a particular franchise system, think about how much money you have to invest, your abilities and your goals. Be brutally honest. Your Investment How much money do you have to invest? How much money can you afford to lose? Are you purchasing the franchise alone or with partners? Do you need […]
The franchise business model is designed to make a win-win financial relationship between the franchisor and franchisees. This article summarizes the different financial benefits each party of this relationship has. The goal is to show its not only a beneficial relationship for the franchisor but also it could be the same for the franchisees.
Dining out not only constitutes a big part of our needs in this busy life, but also is considered one of the most fun activities in which we can spend some time with friends and family without being worried about making food or doing the dishes afterwards! Many of us are continuously in search for new […]
Nail Salon franchise is considered by many people a recession resistant business models. The secret behind this is that women love beauty and off-course their nails! When the economy is not so good, a lot of women go back to work so they can have extra money to do things they like to do, like get their nails done […]
The main criterion for many people who are looking into buying a franchise is to find a franchise that can make them tonnes of money. These people are looking for high return on investment franchises without considering that many other factors are involved when you decide on buying a franchise. In this article we want […]
Investing in a new business always is full of stress and needs you to investigate various aspect of the business and to ponder a lot. When it comes to investing in a franchise business, part of your concerns can be taken care of by following a standard route for investigating the opportunity. Also there are a […]
Franchise Disclosure Document (FDD) provides prospective franchisees like you the information you will need to make informed decisions. In the United States, Federal Trade Commission (FTC) requires every franchisor to disclose information about its past including any history of litigation or bankruptcy and franchisees who left the system. Also franchisors should disclose information about many other […]
It happens to all of us; our boss doesn’t understand that we are doing our best for the company, our wife or husband doesn’t get the brilliant idea behind our decision, the corporate doesn’t care with our great idea, and too many other similar situations. What is the reason for that and what would be the solution? We […]
این مساله برای همه ما رخ می دهد؛ رئیس ما متوجه تلاش ما در جهت منافع شرکت نمی شود، همسر ما ایده ما از تصمیم اخذ شده را نمی فهمد، شرکت با ایده ناب ما ارتباط برقرار نمی کند و موارد بسیار دیگری مشابه با آن. دلیل پشت این مشکل چیست و راه حل آن چگونه […]
Being an employee and owning a business are two extremes of career spectrum. On one side you work for another company which might be owned by one or more entrepreneurs. On the other side you are the entrepreneur who is in charge of the business and should take every effort to have the business up and […]
E2 visa and EB5 U.S green card are categorized under non-immigrant and immigrant visas respectively. E2 visa and EB5 green card help people who are willing to invest in a new or existing business in the U.S. to come and live in the United States. The main requirement under those categories is creating jobs for American citizens. […]
Frozen yogurt franchise market is hot these days. With a new and healthy name combined with a new serving concept, frozen yogurt has found its way into many locations across the nation. Many people even consider frozen yogurt a healthy substitute for ice cream. Those are the reason for why frozen yogurt is selling more than […]
On of the biggest steps in buying a franchise business is to review documents provided by franchisor including the Franchise Disclosure Document (FDD). Those documents usually are composed of several hundred pages and reading them all can seem a very daunting task. However, the contract governs the legal relationship between the franchisee and the franchisor and includes important provisions […]
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