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Franchise Territory – Secure Your Rights before You Sign
As a franchisee, you want to feel secure that your territory and market are protected, and yield the expected returns. The only way to put protections in place regarding your territorial rights is before you sign the Franchise Agreement. Some franchisors do not offer exclusivity rights, and you should know and understand that before making any commitment.
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Top 10 Traits of a Good Franchisee
So you are interested in running your own franchise or business opportunity? Before you take the plunge, you need to engage in some serious personal soul searching about the type of individual you are. Here you will find the top 10 traits franchisors are most likely to be looking for in potential franchisees. Take a look at each one and consider if your personality matches any of them.
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Part-Time Franchising
Part Time Franchising is an excellent business opportunity for individuals wanting to balance a work life ethic with their social life. It has the ability to offer individuals the opportunity to be their own boss, and also to incorporate family, social and civic obligations.
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Net Worth Calculator
Our Franchise Net Worth Calculator will help you determine how much you can safely and reasonably afford to invest in your new franchise business. This FREE service is fast and easy to use, and will help you establish an accurate value of your total net worth. Franchise Direct provides this convenient interactive tool to assist you with the qualification process toward franchise ownership.
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How Franchising Works
The partners in a franchise agreement are the franchisor, who grants the franchise license to the franchisee, who invests in it.
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What Franchisors Want From Franchisees
The nature of the franchisor/franchisee relationship needs to be strong, efficient and reliable. Franchisors look for such abilities when assessing potential franchisee candidates, as well as motivational, confidence, leadership qualities.
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Building a Good Franchise Partnership
Most franchisers and franchisees will start off feeling confident about their prospects for the franchise set up between them in a particular area, but the good relationship needs to be kept in order for a franchise to be successful.
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Franchising For the Family
Business format franchising lends itself well to families wanting to go into business together, although they must all be pulling in the same direction and be competent enough for a family-run franchise to be a success.
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Franchise Re-Sales -- When a Franchisee Decides to Sell the Business
As many more franchise companies are becoming established, franchise resales are now common in the industry.
This is where a franchisee sells an existing franchise to someone who will take it over and if the process is managed correctly, both buyer and seller stand to benefit.
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Success in Franchising
To achieve franchise success, both a franchisor and franchisee must be aware of certain steps before expanding their business or buying a new franchise for sale.
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Cost Items When Setting Up a Franchise
For those who decide to build their business through franchising, one of the biggest obstacles is the added cost and the level of funding therefore required at the initial stage. Anyone who is considering growing their business through franchising should give full consideration to the following cost items:
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Checklist – Procedures for Selecting Franchisees
The sale of any franchise to a prospective franchisee must be determined by a set of pre-defined guidelines, to support the franchisor in deciding if the franchisee is right for the franchise opportunity.
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Franchising as a Means of Business Expansion
Franchising is an effective method when considering expanding a business venture, with many added benefits in having franchisees willing to make your business a profitable success.
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Franchisees Optimistic About Growth Prospects
A significant number of franchisees are confident that their business will make good progress over the next few years and become very profitable, according to a new survey.
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Franchise Promotion on the Internet
According to the International Franchise Association (IFA), the internet is the way forward for small to medium sized franchises or businesses marketing their products and services.
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Running a Franchise From Home
In recent years, home-based franchising has become more popular as a range of companies have discovered that working from home can be just as effective as having an established office elsewhere.
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Media Profile of New Franchisees Increases
According to the International Franchise Association (IFA) there are many benefits associated with increasing the media profile of franchises on the internet, by implementing new web tools, such as Pod-casts, Blogs, and specially designed email newsletters. On-line marketing has become big business, and the most effective tool in targeting new customers.
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Multi-Unit Franchising
One of the biggest changes in business format franchising from when it began to take off in the 1950s and 60s is the development of multi-unit franchises. This is where a franchiser will award the right to a franchisee to operate more than one outlet within the defined location area in the franchise agreement.
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Ethical Franchising
To have a good reputation with franchisees and in the franchising industry, it is important that franchisers have an ethical framework to operate by.
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The Benefits of Franchising
Buying a franchise is an option that many people looking to manage their own small business should consider, as there are a number of advantages to joining this industry.
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Liberty Tax Service Canada
Liberty Tax is the premier tax franchise in North America! Find out what sets Liberty apart as these successful Canadian franchisees share their experiences.
Liberty Tax Service Canada
Liberty Tax is the premier tax franchise in North America! Find out what sets Liberty apart as these successful Canadian franchisees share their experiences.
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Protein My Way Business Opportunity
While other vendors try to catch up, Protein My Way vending machines put you on the cutting edge of this growing market with state-of-the art, easy-install machines offering quality fresh protein shakes at the push of a button. Learn more about the opportunity in this video!
Protein My Way Business Opportunity
While other vendors try to catch up, Protein My Way vending machines put you on the cutting edge of this growing market with state-of-the art, easy-install machines offering quality fresh protein shakes at the push of a button. Learn more about the opportunity in this video!
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Business in a Box with the Eazi-Apps Business Opportuniy
Profit from the fastest growth market in history with Eazi-Apps! This animated video describes the Eazi-Apps business-in-a-box model, which provides licensees with everything they need to get started.
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Business in a Box with the Eazi-Apps Business Opportuniy
Profit from the fastest growth market in history with Eazi-Apps! This animated video describes the Eazi-Apps business-in-a-box model, which provides licensees with everything they need to get started.
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Happy Franchisee Secrets to Success
Success starts with happy franchisees at Liberty Tax! Are you ready to take the next step to control your future?
Happy Franchisee Secrets to Success
Success starts with happy franchisees at Liberty Tax! Are you ready to take the next step to control your future?
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Meet Leah: A Mathnasium Student
Leah knew the math classes at her school were not preparing her properly to enter high school with confidence. Her family turned to Mathnasium to provide the personalized and comprehensive learning experience to set Leah up for an exciting future — in high school — and beyond! Listen to her story!
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Meet Leah: A Mathnasium Student
Leah knew the math classes at her school were not preparing her properly to enter high school with confidence. Her family turned to Mathnasium to provide the personalized and comprehensive learning experience to set Leah up for an exciting future — in high school — and beyond! Listen to her story!
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BLAM Partners Testimonial Video
Provide market-leading websites to small businesses and start-ups and help them to build their businesses online. In this video, several BLAM partners explain why they partnered with BLAM and what they think the company does best.
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BLAM Partners Testimonial Video
Provide market-leading websites to small businesses and start-ups and help them to build their businesses online. In this video, several BLAM partners explain why they partnered with BLAM and what they think the company does best.
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Padgett Business Services Franchise Opportunity Video
Padgett Business Services franchises offer small business advice and consultation, tax preparation, government compliance, financial reporting, complete payroll services, and other services important to small businesses. Learn more about owning a Padgett Business Services franchise in this video.
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Padgett Business Services Franchise Opportunity Video
Padgett Business Services franchises offer small business advice and consultation, tax preparation, government compliance, financial reporting, complete payroll services, and other services important to small businesses. Learn more about owning a Padgett Business Services franchise in this video.
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Toodaloo Pest and Wildlife Control Franchise Video
Toodaloo provides residential and commercial pest management and wildlife control services. Toodaloo sets itself apart from the competition by providing immediate pest control service to its clients.
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Toodaloo Pest and Wildlife Control Franchise Video
Toodaloo provides residential and commercial pest management and wildlife control services. Toodaloo sets itself apart from the competition by providing immediate pest control service to its clients.
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Leafy Saves Canada!
Liberty Tax Service Canada is the tax hero Canada needs! Fly along with Leafy as he shows there is no need to panic when income tax season arrives!
Leafy Saves Canada!
Liberty Tax Service Canada is the tax hero Canada needs! Fly along with Leafy as he shows there is no need to panic when income tax season arrives!
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Testimonials from Eazi-Apps Licensees
Watch this video to hear from some happy Eazi-Apps licensees. Their experience in terms of training and support is immensely positive – enabling them to feel as though they are part of an ongoing partnership, rather than just a business relationship.
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Testimonials from Eazi-Apps Licensees
Watch this video to hear from some happy Eazi-Apps licensees. Their experience in terms of training and support is immensely positive – enabling them to feel as though they are part of an ongoing partnership, rather than just a business relationship.