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The Business Plan
I periodically get questions from readers of this blog about business plans. I was pondering the best way to work through a “business plan series” (similar to the Term Sheet series and Letter of Intent series) when Dave Jilk - my partner in Feld Technologies (my first company) - dropped a few documents on my desk, including the original Feld Technologies business plan. A scanner, Adobe Acrobat PDF maker, and a little OCR later, I had the document in electronic format.

Other critical document Related Articles

Investigating Franchise Offerings
Before investing in any franchise system, be sure to get a copy of the franchiser's disclosure document. Sometimes this document is called a Franchise Offering Circular. Under the FTC's Franchise Rule, you must receive the document at least 10 business days before you are asked to sign any contract or pay any money to the franchiser. You should read the entire disclosure document; make sure you understand all of the provisions. The following outline will help you to understand key provisions of typical disclosure document as well as ask questions about the disclosures. Get a clarification or answer to your concerns before you invest.

Government Regulation of Franchises
In the United States, all franchisors must abide by the Federal Trade Commission's (FTC) Franchise Rule, which requires franchisors to prepare a disclosure document called the Uniform Franchise Offering Circular (UFOC ) / Franchise Disclosure Document (FDD) and give a copy of that document to prospective franchisees prior to their purchase of a franchise.

Hey Ive received an FDD Where in the world do I start this thing is huge
You are working your way throughthe franchise process and now you have a franchise company's Franchise Disclosure Document and it is several hundred pages. In this 5th article in our series we explain what the intention of the FDD is as well as what to look for when you receive it. This is a critical document and knowing what and where to look is critical. Read on for a description and guide for reviewing a franchise company FDD.

Factors to Consider When Selecting a Point of Sale System
One of the most critical and possibly frightening purchases a retailer will ever have to make is a point of sale system. It is a critical purchase because it will force the retailer to reexamine their business policies, procedures and plans for the future. It is a frightening purchase because few retailers have experience in selecting a point of sale system and with such a large investment required they will have to live with their decision, be it good or bad, for quite some time. This document lists the essential items that retailers should consider in their POS buying decision.

What exactly is a Business Purchase Letter of Intent or LOI?
What exactly is a Business Purchase Letter of Intent or LOI? This seems like a very scary document but actually it's not. Technically, a business purchase letter of intent is really a non-binding agreement that says "I would like to buy your business for an asking price of $XXXX with contingency stipulations A, B, and C but first I want to take a closer look at your business". Again, it seems complicated but it's really a very simple semi-legal looking document that gets the ball rolling. So let's take a look aT this very important document that protects the buyer while spelling out due diligence items, the initial offer and many of the details that will eventually be part of the final purchase agreement.

Entrepreneurs Want To Write A Small Proposal or Quotation?
A proposal is a document written to outline work that will be done at a set price in response to receiving a request for proposal, or more formally a RFP (Request For Proposal), ITT (Invitation To Tender) or RFP (Request For Tender). A quotation is a less formal document that is a document that outlines the work to be done and a reasonably accurate price for its completion.

A Favorable Determination From The EDD
Even if you "document, document, document", you still need to be aware of "how" to present those documents. This article will present a case in point.

How To Investigate Franchise Offerings
Before investing in any franchise system, be sure to get a copy of the franchiser's disclosure document. Sometimes this document is called a Franchise Offering Circular. Under the FTC's Franchise Rule, you must receive the document at least 10 business days before you are asked to sign any contract or pay any money to the franchiser. You should read the entire disclosure document; make sure you understand all of the provisions. The following outline will help you to understand key provisions of typical disclosure document as well as ask questions about the disclosures. Get a clarification or answer to your concerns before you invest.

The Importance of Your Business Financial Statements
The topic of financial records or statements has always created some anxiety for entrepreneurs. For those individuals thinking of jumping into the world of business ownership, this can be a daunting part on the path to entrepreneurial success. Not knowing the importance and meaning behind each financial document can certainly set anyone up for failure. It is critical that you understand and address the reason and need for each financial document that is applicable to your business.

What You Ought to Know Before Signing A Franchise Agreement
You have done your research and have chosen a franchise business opportunity. You like the business and want to go ahead...but there is a hurdle in between. The company has given you its franchise agreement template and wants you to sign the same and then get started with the business. You have a lengthy document with several clauses/sub clauses and are not sure of what to do. I have tried to make this simple for you and have given you certain standard guidelines of what to do and how companies look at this document and expect the prospective franchisees to respond. At the end of the document, you will also see what characteristically a good franchise agreement contract sample must have. Beyond that, you will understand the importance of the franchise agreement and how it protects you as much as it safe guards the franchisors interests.

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