Search Results for:

The Cover Pages of the FDD Every formal document will always start out with a cover page. On this (these) page(s) you should look forward to this information:   Summary of the franchise’s offerings and initial investment required. State that no government agency has verified the information in the document. Remind the franchisee to read […]

In short, the information you’ll find in the FDD includes:     A directory of franchisees in the system Audited financial statements Company’s key staff and their qualifications Company-owned locations, how many are open, how many have closed Franchisor’s financial history, including any bankruptcies or litigations Information on system-wide growth Information on the franchise Legal […]

You should feel some security in knowing the law requires franchisors to inform franchisees about the systems they run in their companies. The information that the law requires franchisors to share should be found in the FDD and if it’s not, back away from the company because they are not in compliance with the law. […]

When you’re getting into franchising, you should know the term Franchise Disclosure Document (FDD) indefinitely. You should always receive an FDD when you sign up with a franchisor for information and you need to make sure that you understand the FDD because it holds all the important information you will need to know about the […]

As the number of franchises you own grows, so will your task list for the day. As a franchisee, it’s easy to become overwhelmed and extremely involved in your tasks for the day. When you’re working hard, you should never bum yourself for not getting all the work done you wanted in one day. It […]

Clubstore Outlet Opens 2nd Franchise in Florida   Margate, FL, Oct. 06, 2015 – Savvy shoppers in today’s economy now have a new option versus shopping in an ominous 50,000 sq. ft. warehouse club, with their membership cards checked at the door, to capitalize on purchasing discount quality, name-brand products. Why, you ask? Clubstore Outlet, […]

If you are buying a franchise business, then you have seen how expensive it is. While you may not be able to adjust the cost of the franchise fee for pet franchises, there are other ways you can help to keep the other costs lower. Here’s what you should know:   Negotiation is Key There […]

The media (social and otherwise) has been buzzing lately about the importance of science, technology, engineering, and math (STEM) skills to our collective future — and, as a consequence, about the importance of teaching them to our kids. For example, according to the Bureau of Labor Statistics, the U.S. will create 1.4 million jobs in […]

Once you have gone through the traditional methods of financing the next thing you will want to consider is going with an angel investor. An angel investor is a person or group of people that offer funds for the startup of your business and in turn they have a direct role with your business.   […]

Many franchisors have programs to make number crunching easier on you. This can include point of sale programs for the front of the house and accounting and payroll programs for the back of the house. While these can be very helpful, your investors and lenders will still want to see the projected income and cash […]

A business plan is essential for the success of your franchise. No matter what route you are taking for borrowing money or simply getting through the approval process for your franchise, you will need to have this information.   The First Step to a Franchise Financial Plan When creating your business plan, make sure you […]

If you are trying to get a better understanding of how much it will cost to set up your franchise, then there are several aspects that will come into play. This is why it is helpful to understand what you may encounter. Keep in mind that there may be other fees and costs that you […]

Before you start the process to franchise ownership, the first thing you want to do is take a look at your finances. For some people this can be sombering. For others you may find that you are in a better position than you originally thought. Some things to remember here are do not cut corners […]

Buying and selling a pizza franchise comes with many benefits. If you’re looking to turn your small business into a large scale franchise, it’s exciting, though business owners can also often get ahead of themselves and make fatal mistakes for their business. When you’re making decisions for yourself and your business, professionals suggest keeping these […]

A good franchise opportunity will show itself through good branding. But what is branding? A brand can be defined as the art of distinguishing a product or service from its competitors. Branding is the personality that comes with a store or franchise and can be effected in many different ways. Despite popular belief, it’s not […]

The key to success in anything is training and preparation. This is particularly true in franchising. All franchise training will not be the same from franchisor to franchisor. There is more than one way to train properly and there are different needs in different industries. That doesn’t mean that there isn’t bad training. It’s important […]

It’s important to visit as many franchise headquarters as you can as you investigate which one is for you. This can get expensive quickly, but it is essential in discovering how well a franchisor can take care of you through the visual of how well he takes care of his home space. Consider the risks […]

        FOR IMMEDIATE RELEASE…   CONTACT: Charles White Franchise Marketing Systems (800) 610-0292 ext. 232 [email protected]   July 30, 2015   Mobile Brake Repair Franchise Expanding Near You Virginias #1 Mobile Brake Repair Service is now a Franchise   Fairfax, Va – Gone are the days of sitting and waiting in an […]

There are many small details that will make one franchise, even within the same industry. This can include things like purchasing an older franchise or buying a completely new store. This will be something you ask your franchisor and you evaluate, but here’s a place to start.   Working With a Pre-Existing Franchise Location There […]