You have done your homework and have found a great franchise to buy. What’s the next step? There are many paths you can take as your next step, but I suggest you to talk with the franchisees of the franchise company you are interested in. Most likely than not, having a chit-chat with several franchisees…
Buying a franchise is not a simple task these days – With virtually hundreds, if not thousands, franchise opportunities present, choosing some, let alone one, opportunities that you are interested in is trivial. You need help – You need the services of a franchise consultant. A franchise consultant can offer you expertise and guidance from…
I have invested in franchise opportunities and business opportunities, and I concluded that there is one major difference among those two: The level of support. For those of you who think that franchise fees and royalties are simply useless and waste of money, think again – You will receive what you have paid for. Many,…
Franchise opportunities expo or franchising fair is always visited by a lot of people, worldwide. Especially in some part of the world, franchise opportunities expos seem to attract a large number of visitors in record breaking pace – One of the proofs that franchising is recession-resistant. I have attended some local franchising expos for quite…
It seems that, to some people, the biggest downside of franchise opportunities are the franchise fees and royalties. Those two are the reason why some people ‘despise’ franchising and look to non-franchise business opportunities. Their main reason is that the fees and royalties are stripping off a large part of the business’ profit; in other…
When it comes to franchising, franchisee-franchisor relationship is often more important than the business itself. In franchising, if you have a bad relationship with your franchisor, you will not run your franchise unit well. Not that your franchisor is subjective in giving support and assistance, but like it or not, you need to teamwork well…
