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Are you considering franchising your business? If so, its important to understand the advantages and disadvantages of franchising your business.
Franchising is a legal and business model designed to achieve multi-unit expansion. Compared to organic expansion where you invest in and open multiple locations yourself, franchising allows you to recruit others – your future franchisees – who will invest their capital, time and managerial effort in establishing new locations using your trademarks, systems and brand. Below we discuss the advantages and disadvantages of franchising.
Franchising is one of the most dominant and successful business models in our nation. The advantages and disadvantages of franchising, ultimately, must be evaluated based on your specific business, your goals, and your mindset. If franchising is right for you, the advantages of franchising far outweigh the disadvantages. The right expectations and plan is key. Learn more about should you franchise your business.
Call us at (718) 979-8688, by email or web chat to learn about our fixed-fee franchise launch program where we combine legal representation with franchise development know-how to franchise your business.
With services to make your growth strategy simple, cost effective, and with a team excited to help you, let’s talk about how we can help grow your brand. Click on the button below or call us at (800) 976-4904.
Are you a franchisor or a part of a franchise sales team? Do you want to learn more about franchise sale compliance and ensure that your sales practices comply with franchise laws and are consistent with best practices? Then this guide is for you. In this guide you’ll learn the... read more
In this guide you’ll learn the basics of franchising, how to franchise your business, and how to win at franchising. We’ll also take a deeper dive into legal requirements for franchising and why they matter, steps to take before and after you launch your franchise, and even some tips on... read more
When considering expanding a business both franchising and licensing are possible options. In this guide, you'll learn the differences of franchising and licensing and understand how each will affect you. read more
With services to make your growth strategy simple, cost effective, and with a team excited to help you, let’s talk about how we can help grow your business.
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