There are certain criteria that are well-sought after by a franchisor in accepting an investor proposal to be a franchisee – And no, it is not always about how much money you have to fund the franchise unit purchase. Your ability to fund the purchase of a franchise unit is one of the technical criteria,…
Franchising offers an opportunity for a budding entrepreneur to shortcut into entrepreneurship. Unfortunately, franchising is not for every entrepreneur. Not all entrepreneurs can be a good franchisee – This is a fact you and I can not deny. Forcing your way into franchising can only eventually result in two exits: Struggling franchise units and going…
Welcome to the very first blog post of Franchise Note. I am pleased to announce in this not-your-typical “Hello world!” article that Franchise Note is (finally) launched. I envision this franchise business blog to be one of the authoritative voices in franchising blogosphere, as it is written by an experienced ex-franchise units’ owner. “Ex-franchise units’…
