Social media can help new franchisors to create the buzz necessary for the launch of their franchising concepts… and for attracting franchisee candidates. I have just written an article on my other business blog, Noobpreneur.com, about social media ROI. To my surprise, 5 minutes after I posted the article, I received 2 comments. Both of…
I like browsing for small business-related news, partly because I have interest in the topic, and partly because I run and manage two small business-related blogs – Noobpreneur.com and FranchiseNote.com. While browsing for franchising news, two articles have caught my attention – The Boston Globe‘s and The Tennessean‘s. Actually, those two articles have caught my…
Many people don’t realise that not all home-based franchises are enabling you to do most of your work from home. Some do allow your home to be the ‘headquarters’, where business operations are done mostly outside the comfort of your home. Let us get this straight – Home-based franchises are those franchises that allow you…
The trivial part in spotting the right franchise opportunity is looking for proofs on all of the franchisor’s claims, regarding franchise operations – the staffing, office/store management, and design/display, to name a few. There are many ways to do so, but I personally like to visit the franchisor’s own units, to observe and take note…
The title above is probably one of the questions franchisee candidates have in their mind but are too reluctant to raise the issue with the franchisors. We all know that in everything we worked in (to make a living,) we need to put our best effort into it. Just like any other type of business…
Before you sign any agreements with a franchisor, you should know the potential risks entering franchising. You should not expect your franchisor would want to reveal anything more than what is inside the UFOC (the franchise offering.) You will almost certain to hear good words and upsides of the franchise opportunities you are interested in.…
