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Franchise Resources Archive: April, 2008

FTC Franchise Rule – Disclosures Required Prior to Investment

April 30, 2008 / BLOG POST Franchise Regulations and Government Action
The Federal Commission (FTC) mandates that the prospective franchisee must first acknowledge the receipt of the Universal Franchise Offering Circular (UFOC) 14 days before the Franchise Agreement can be signed or any money paid to the franchisor. What is the connection between the FTC and franchising? The FTC was created in 1914 – an era that witnessed the rise of monopolistic business trusts tha... Read more.

Franchise Agreement – The Contract that Governs the Franchisor/Franchisee Relationship

April 30, 2008 / BLOG POST Franchise Regulations and Government Action, FAQ About Franchising
The Franchise Agreement is a legal contract and is actually part of the Franchise Disclosure Document (FDD), which is supplied to prospective franchisees. The FDD spells out everything about franchise operations – processes, marketing, costs, support etc. in 23 specific items. The Franchise Agreement is included in item #22, along with any other contracts that must signed, such as real estat... Read more.

Going Green is Good for Franchises...

April 29, 2008 / BLOG POST Green Franchise Businesses
For most small and medium sized franchise businesses, environmental concerns can take a backseat to the very real need to ensure profitability, sustainability and growth of the franchise business. However, most franchisors and franchisees are unaware of the advantages of going green can have for the long term profitability and success of the franchise. In many cases, you can actively reduce your... Read more.

Operating a Successful Franchise...

April 25, 2008 / BLOG POST Information for Franchisees
Why are some franchises more successful than others? Part of it comes down to choosing an established company with a proven track record and a good business reputation. It is also important that the franchise is a member of the International Franchise Association (IFA) and runs its business in accordance with the best practices laid down by the IFA and other administrations. However, once you have... Read more.

Franchisee Self-Assessment...

April 23, 2008 / BLOG POST Guide to Buying a Franchise
Before you decide to invest in a franchise or business opportunity, you should first ask yourself some important questions relating to your personal ambitions, goals and desires, your familial and social obligations and your financial expectations should all be assessed before taking the plunge and setting up your own business. I have put together a brief self assessment questionnaire you can... Read more.

Franchise Friday Mini Profiles!

April 18, 2008 / BLOG POST General Franchising Industry News
The State of Michigan View a brief outline here for the State of Michigan franchise profile. Find out how many franchised businesses are operating within Michigan and the annual economic output of its franchise industry. You can also view valuable information on associations you can contact if you are interested in setting up or locating a francise within Michigan. Also you can view a recent p... Read more.

Recent Franchise Industry Research Findings...

April 16, 2008 / BLOG POST Market Trends and Stats About Franchising
...indicate strong economic output and stable growth for all involved in the franchise industry. If you ever needed a reason to invest in a franchise or business opportunity before, you will have plenty of reasons now to invest after the revelation of new franchise research findings conducted by PricewaterhouseCoopers on behalf of the IFA. This research reveals in a positive light, how the fra... Read more.

FILTAFRY FLIES UP THE FAST 55

April 16, 2008 / FRANCHISE NEWSCleaning Franchises
Filta (Orlando, FL)---FiltaFry is pleased to announce its number 26 ranking on Franchise Times magazine’s annual “Fast 55” list, which recognizes the top movers in year-over-year franchise growth. Read more.

Franchise Friday Video!

April 11, 2008 / BLOG POST Franchise Company Updates
Are you interested in investing in a franchise opportunity but you would like to hear from real-life franchisee how they have made it as a franchisee success? Now you can watch real-life franchisee interviews relating to why they chose to invest in a particular franchise or business opportunity, and how they built a successful business.   This week Franchise Direct interviews Shanna Al... Read more.

Part-Time Franchises: Earn A Profitable Second Income

April 9, 2008 / BLOG POST Introduction to Franchising
Part-time franchises can help individuals create a profitable second income while retaining a healthy work/life balance at the same time. I am sure you are probably wondering how this is possible, and as many of you are already aware holding down two or three jobs can be stressful and extremely time consuming. But it need not be that way if you invest in a part-time franchise. Why? Simply because... Read more.
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