Franchising vs. starting your own business in an unfriendly economic environment

Terry Dunn wrote a good post on his franchise blog about how franchising seems to be a safer bet than starting your own business during these tough economic times.
Depending upon your source of information, we are headed into a recession or a depression or even a catastrophic cessation of all business activities. By any definition, [...]

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Evaluate a Franchise by Talking to Current Franchisees

When buying a franchise, one of the greatest tools you have at your disposal is the ability to contact current franchisees. Not contacting them and investigating their opinion of the franchisor thoroughly would be a big mistake. When you contact a current franchisee, you get the opinion and outlook of someone who is in [...]

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The Secret to Streamlining Your Franchising Operations and Eliminating Your Weaknesses

You have to always aim at having a better franchise business operation by seeking to improve your methods and making them as efficient as possible especially at the level of your outlets. This is important in all businesses in modern times but especially in a franchising organization. The ultimate secret that will enable you to [...]

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The Significance of Franchise Fees

If you thought that the only finances you need to come up with in order to set-up your franchise business are the initial franchise fees, you thought wrong. In order to set up your dream business, there are many other finances to think of.
Understand that the initial franchise fee is simply the money you put [...]

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Compiling information for the Top 100 Franchises guide

A quick post to let everyone know that the World Franchising team is currently compiling information about a large amount of franchise companies for the third Edition of Bond’s Top 100 Franchises.
How does that work? Well, we evaluate companies on the basis of historical performance, brand equity, market dynamics, franchisee satisfaction, the level of initial [...]

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Franchisees being forced to pay for a variety of expenses?

An article titled “Owners Say Franchisers Are Passing on More Costs” in the Wall Street Journal today highlights how some franchise companies are asking franchisees to pay for expenses that those franchisees were not supposed to pay in the first place.
Why this sudden way of changing “who pays what”? Well, simply because of the economic [...]

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The International Franchise Association wants you to vote

The International Franchise Association created a website called www.FranchisingVotes.com to help the franchising community register to vote and make it to the polls on Nov. 4.
The site includes access to registration requirements and deadlines for every state, information on federal candidates around the country, voting records of current lawmakers in the 110th Congress and the [...]

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What does it take to become a Nuisance Wildlife Professional?

I was playing around on YouTube when I came across this video about A All Animal Control. Wildlife in the home or office can do serious structural damage. Animals destroy electrical wiring, phone, cable, computer lines and security systems. Wildlife can also be carriers of disease such as rabies, distemper and many other serious diseases. [...]

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The Truth About Franchise System Training

When you’re going into the fiercely competitive world of franchising, you have to understand that you’ll basically be walking into a battleground. There are hundreds just like you everywhere, who could not be happier than when they see you fail. In the world of franchising there are customers to win, market shares to possess and [...]

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The art of finding the right franchisee

New franchise law blog FranchiseLawyerBlog.com is starting a series of posts about how to develop a franchise system. Although our blog is mostly focused on potential franchise buyers, I thought it would be interesting to see what’s happening on the franchisor’s side. As a potential franchisee, you must know that if sometimes a franchise opportunity [...]

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