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Knowledge Center
Advice from the Experts |
| How to Avoid Franchise Undercapitalization A giant mistake that people make in opening a franchise business is starting undercapitalized. The good news is that making sure you have enough money to get to the starting line (opening |
| How to Evaluate Your Franchise Support I've narrowed my search down to three franchises. All of them promise great support. How can I get a better idea of what I'll really get from each of them? |
Checklists to Help You Evaluate |
| Franchise Genius Checklist - Is Franchising for Me? Franchising is a great business model, but it's not necessarily right for everyone. These questions will help you to decide if franchising is right for you. |
| Franchise Genius Checklist - Franchisee Research Existing franchisees are often the best source of information when evaluating a concept. In order to make the most of your time with them, it helps to be organized and specific. This list will help. |
| Franchise Genius Checklist - Franchisor Research Top 20 questions to ask franchisors as you do your due diligence. |
| Franchise Genius Checklist - Franchise Legal Research It is important to thoroughly understand all legal documents prior to signing them. This is a list of questions commonly asked by franchisees during the selection process. It is only a sampling, and... |
| Franchise Genius Checklist - Evaluate Franchise Support A simple checklist to help you make sure you ask the right questions of both franchisors and their current franchisees. |
Franchise Categories: An Inside Look |
| Is a Children's Franchise Right for Me? If you've always found yourself drawn to working with children, or are a parent yourself, you'll be pleased to know that there are a wide variety of child related franchises. |
| Is a Pet Franchise Right for Me? A pet franchise is the perfect way to combine your love of pets with a business opportunity. If you've noticed over the last ten years, the pet industry has grown by leaps and bounds. |
| Is an Automotive Franchise Right for Me? If you've always been interested in cars and want to own your own business, an automotive franchise might be right for you. There are many different types of opportunities available in this industry. |
| Is a Commercial Cleaning Franchise Right for Me? Businesses in both retail and industrial have the need for regular cleaning and maintenance services. Even in times of economic downturn, commercial cleaning franchises thrive. |
| Is a Fitness Franchise Right for Me? When you own your own fitness franchise, you'll be tapping into a major need for the vast majority of the population. Each year more and more people want to lose weight and get in shape. |
| Is a Low-Cost Franchise Right for Me? If you've always wanted to own a franchise, you may have mistakenly thought that franchises cost hundreds of thousands of dollars. You'll be happy to know that there are plenty of low-cost franchises. |
| Is a Pizza Franchise Right for Me? Everyone loves pizza so it's no wonder that pizza franchises are a popular way to go when it comes to opening your own business. Each person in the US eats 23 pounds of pizza every year! |
| Is a Residential Cleaning Franchise Right for Me? Residential cleaning services are something that more and more people are looking to buy. With this type of business, you'll be able to fill a growing need in the marketplace. |
| Is a Restaurant Franchise Right for Me? Whether you have experience in the service industry or you've always been interested in owning a restaurant, a restaurant franchise might be right for you. |
| Is a Smoothie Franchise Right for Me? More and more people are health-conscious these days. That is one of the reasons that owning a smoothie franchise is a smart business move. |
| Is a Sub and Sandwich Franchise Right for Me? As the owner of your own sub and sandwich franchise, you'll be able to feed people from all walks of life who need a fresh and tasty alternative to over-processed fast food. |
| Is a Technology Franchise Right for Me? If you have any experience in the computing and telecommunications industries, a technology franchise could be the perfect fit. There's no denying that technology is a booming industry. |
Get Started with Franchising |
| What is Franchising? In its most simple definition, a Franchise is a business opportunity that allows the Franchisee (possibly you) to start your business by legally using someone else's (the Franchisor's) . . . |
| Is Franchising for Me? A franchise has a lot to offer the right person. This includes a proven system of running your business that will stay with you for as long as you own your franchise. While this has proven to be a... |
| Narrowing Your Franchise Search Searching for franchises and business opportunities is easy. Narrowing the search to a manageable level, however, takes some discipline. It's also a necessary step to keeping you from becoming ov . .... |
| Roles and Responsibilities of Franchisees and Franchisors The Franchisor has built a successful business system and is willing to sell you the right to use that system, and all that goes with it, to begin your own business. An important distinction is . . . |
| Roles of Franchise Brokers and Consultants You can get help in your search for the perfect franchise or business opportunity in the form of franchise / business brokers and franchise consultants. They can help identify opportunities that . . . |
| What Franchisors Look for in Franchisees The franchise sales process is kind of a paradox: both sides want the other to like them, to show that they are perfect for each other. At the same time, both the franchisor and the prospect want . .... |
| Buy a Franchise vs Start Your Own Business Ultimately, that's up to you to decide. But it helps to layout the pros and cons to both situations. Your aversion to risk, business experience, and financial considerations should all be taken... |
| Franchise Advantages and Challenges There are advantages and challenges to nearly every business model. The key is to understand what they are and the impact they'll have on your business ahead of time so you know what to look out... |
| What is in a Franchise Disclosure Document (FDD)? There are 4 parts to a Franchise Disclosure Document. We list them here, along with some things to keep in mind for each section. |
| What is the Franchise FDD's Role? The Franchise Disclosure Document (FDD) is a large, and often intimidating, document sent to prospective franchisees by the franchisor. Knowing what it contains, and what it does not contain, can... |
