FAQs About Franchising
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Can Your Franchise Business Be a Family Business?
Does owning a franchise business that includes family members could make sense for you? Here are some things to consider if you're pondering making a franchise business be a family business.
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Franchising vs. Small Business Startup: What's Right for You?
Opening a franchise vs. a small business startup. For you, the answer might not be cut and dry. There are pros and cons to each method for starting a business. Let’s look at some of each.
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3 Things a Franchise Lawyer Can Help You With When Buying a Franchise
The services of a competent franchise lawyer can go a long way in helping you secure your interests as a franchise owner. Here are three of the many ways one can help you, courtesy of The Franchise King.
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Item 19 of an FDD and Researching Potential Franchise Profitability
One of -- if not -- the best place to start researching if a franchise will be profitable for you is Item 19 of an FDD. Learn more about financial performance representations (FPRs) in this article.
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4 Signs You’re Ready to Look at Franchising Opportunities
If you’re starting to feel it’s time to explore owning a business, it may be time to go to the next step of seriously exploring franchise business ownership. But what are some of these signs? Franchise industry expert Joel Libava outlines four in this post.
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How Crucial is Timing When You're Buying a Franchise?
You should only buy a franchise when you're ready. But ready in what way? Or ways? Read this advice from franchise consultant Joel Libava on how to decipher when you are ready to buy a franchise.
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Which Franchise Industry Choice is Good for You?
Before you choose a franchise, you often choose a franchise industry. The industry you choose to own a franchise within is very important as it will dictate a lot of your lifestyle. Here are some considerations to think about as you think about which franchise industry is good for you.
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Don't Let Current Labor Issues Scare You From an Hourly Worker Franchise
The current labor crisis might be making you hesitant if you are considering a franchise that depends on hourly workers. However, you shouldn't let that scare you off from one of these franchises.
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3 Things to Expect From Your Franchisor
You may know that you should expect some things from a franchisor in exchange for the royalty and other required payments, but what should you expect from your franchisor? Franchise industry expert Joel Libava covers three main items in this post.
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5 More Traits of Successful Franchisees
A continuation of our list to help you with your self-assessment.