Call Today: (800) 976-4904
Call Today: (800) 976-4904
Franchises and business opportunities are a part of the same family, both are regulated by the Federal Trade Commission, both are regulated by state specific laws, and both require a pre-sales disclosure process. The difference between a franchise and a business opportunity is that in a franchise transaction the franchisor possesses the legal right to…
Category: Franchise Your Business
Frequently we talk about how to franchise your business, should you franchise, and the cost to franchise but, not enough attention is given to why you shouldn’t franchise. So, let’s discuss 3 reasons why you shouldn’t franchise your business. Reason #1 – You Don’t Have the Time To Devote to Building a Franchise System No…
Category: Franchise Your Business
“I should probably talk to a lawyer.” In most cases, a millisecond before or after you have to say that, your brain produces a mini-series inside your head consisting of an intense courtroom scene featuring you sitting uncomfortably in the defendants seat-waiting for the verdict to be read. Right? But there is no verdict. Not…
Category: Franchise Your Business | Tags: franchise attorney, franchise lawyer
If you are considering franchising your restaurant – depending if you are reading this article during the COVID-19 Coronavirus pandemic or, more likely, as we ease out of and recover from this pandemic – the restaurant industry, the franchise industry, small business, and the world has changed. Health, safety, families and our nation are naturally…
Category: Franchise Your Business | Tags: coronavirus and franchising, COVID-19, franchise your restaurant, franchising after COVID-19, grow your restaurant, restaurants and franchising
For many years I have written about franchising and how to franchise your business but I never imagined that I would be writing an article about franchising and the Coronavirus (COVID-19) pandemic. If you were or are considering franchising your business then you are probably questioning what impact this pandemic has had and will have…
Category: Franchise Your Business | Tags: coronavirus, coronavirus and franchising, COVID-19, franchising after Coronavirus, franchising your business
As the response to the growing Coronavirus (COVID-19) pandemic escalates and states like New York, California, Pennsylvania, and many others are mandating restricted business operations and, even, mandatory closures, the livelihood, income, and very existence of franchisees and small business owners across the country is in jeopardy! Legislative responses such as the Families First Coronavirus…
Category: Franchise Your Business | Tags: business interruption insurance, coronavirus, Coronavirus and business interruption insurance, coronavirus and franchising
In our article “What Coronavirus Means for Franchise Brands and a Roadmap for Franchise Recovery” and part 1 of our three-part webinar “What Coronavirus (COVID-19) will Mean for Franchise Brands”, we outlined a recovery framework focused on strategic planning during the following three stages of this pandemic: (a) short-term phase, as the pandemic escalates to…
Category: Franchise Your Business | Tags: coronavirus, coronavirus and franchising, franchise development, franchise law, franchise sales, franchising, franchising and coronavirus
“We don’t know what we don’t know.” Today, March 17, 2020, that is the sentiment for all Americans, small businesses, and, for the focus of this article – franchisors! What we don’t know if the stage of this pandemic in the United States, judging by other nations such as China, Italy, and Spain, it appears…
Category: Franchise Your Business | Tags: coronavirus, coronavirus and franchising, franchising, franchising and coronavirus, Roadmap for a franchise recovery, Steps for Franchise Recovery
For franchising, franchisors, franchisees, entrepreneurs, and business owners, the COVID-19 Coronavirus and the current global pandemic is altering the course of history and now challenges the existence of so many businesses across the country. While the health and wellbeing of family, friends, and our nation as a whole is the paramount concern, the economic realities of the Corona Virus and its impact on franchisors and franchising must also be addressed.
Category: Franchise Your Business | Tags: coronavirus, coronavirus and franchising, franchisees, franchising, franchising and coronavirus, impact of coronavirus on franchising
If you are an existing franchisor or about to franchise your business, reviewing and evaluating competitor FDD’s is an important step in competitively benchmarking your franchise offering.
Category: Franchise Your Business
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