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Why Some Franchise Businesses Don’t Sell
Provides a list of some of the most typical reasons why some existing franchise businesses will not sell when put on the market

Shoprite calls off India Franchise Agreement with Nirmal Lifestyle

4th Feb 2010 MUMBAI: Shoprite Holdings, the South Africa-based retail heavyweight has called off its franchisee deal in India with real estate developer, Nirmal Lifestyle Group, top officials close to the development said. Kishore Biyani led Future Group is now buying out Shoprite’s single hypermarket in Mumbai with its existing employees to set up a food store which will be rebranded as Food Republic.

Carrefour Plans To Enter Indian Market

Carrefour, the French retailer, plans to enter the Indian market by establishing a wholesale business. The Indian economy is one of the fastest growing in the world, with an increasing middle-class. However, unlike China, India’s growth has been fuelled by consumer spending, a fact that has caught the attention of foreign retail giants. However, restrictions on foreign retailers have meant that they have had to find a different route to enter this fast growing market.

Franchise Business Development In India : Choose The Right Franchise Consultant For Your Business Growth

With more than 1500 organized franchisers in India and an estimated 3000 getting organized in the next couple of years, it becomes very important for every business to analyze, what's the best way forward.Will franchising serve my organizations growth objectives.If yes, how do I 'Franchise My Business' or 'How To Franchise.' How can i quickly build a robust business system, that works efficiently with a variety of franchisees, all of whom work independently and yet at the same time together.What are the challenges i need to address.Franchising can give you great results.Every business is unique and has to be dealt differently. You can mold your business strategically around franchising and set the foundation for scalability and growth. The first step is to look for a franchise consultant expert who will run this marathon along with you.

Franchising In India : Franchise Your Business Glocally

Franchising Glocally: is the essence of integrating what would work in a diverse subcontinent like India.As a developing economy we are facing unprecedented growth and exposure to technology and modern facilities like never before.Hence its important we understand this inclusively and adopt and execute franchise strategies to grow our existing businesses, either the ones that have been handed over to us through generations, or the ones that we ourselves have founded and are presently running or is there a new product or idea which the new indian consumer can accept.Lets understand all of this is detailed and derive a conclusive franchise strategy, create franchise modules, franchise agreements and manuals that would help you get franchise success and then lets go about getting the right franchisees that match your goals.

Franchise Your Business In India: What Most New Franchisors Go Through.Must Do.

Franchising is bustling in India. We have been getting requests from all kinds of businesses from party shops to mobile car service franchises, from laundry services franchises to fashion jewellery. The list is exciting and we are even more excited to serve the needs of different kinds of businesses that want to franchise. This blog highlights the typical path that these businesses take and the solutions they seek. The typical shortcuts that are taken, to save initial costs, and the long-term repercussions. The knowledge base that exists and how one can harness the franchising experience that the country already has, and what it has been learning from the finest franchise practices followed world over. When we put all of this together, we have the recipe to franchise success and that's what we want to prescribe to franchisors in India.

How to Negotiate Your Franchise Agreement
Learn how to negotiate a franchise agreement and avoid signing a contract that can obligate you to some provisions that may be difficult to meet. Follow these steps and you’ll protect yourself from potential problems and disputes.

Twenty Questions to Ask before you Buy a Franchise
If you’re in the process of looking to purchase a franchise you need to perform the proper due diligence. This includes speaking with existing franchisees and using the services of your franchise attorney and financial advisor. To strengthen that process here are twenty questions to ask you need to ask before signing the franchise agreement.

The Franchise Contract: Understanding the Personal Guaranty
One of the most important provisions of a franchise agreement is the personal guaranty. It’s important for prospective franchisees to fully understand the reason why franchisors require this covenant and what the implications are in the event the franchisee has problems. When performing franchisor due diligence, keep this factor in mind.

Dollars for Doughnuts: Joyce Sweetens Things Up at Tim Hortons

It was 1967 and two men had just signed the franchise agreement that would forever change not only their own lives, but also the entire landscape of Canadian business and culture. The two friends thought that with Joyce’s business savvy and Horton’s famous name, they could make their coffee shop a success. By the end of the year, the duo had opened up two more Tim Horton’s stores and they were full partners in the business.

Franchise Opportunity - Questions To Ask The Franchisor
Whether it's hamburgers, pizza, telecom, coffee, Internet, muffler parts, or seniors' services, there are Franchise opportunities available to evaluate.

How much can I really make in a franchise business investment? PART 1

So you're considering a franchise investment, but you want to know before you plop down a big chunk of cash: how much can I really make in this business? It's a fair question and one that, contrary to popular opinion, you can do a reasonable job of actually answering. Read on for part 1 of FranchiseHelp's exclusive 3-part, in-depth guide to estimating the profit potential of nearly any franchise, where we cover some basic franchise accounting.

What is a UFOC Uniform Franchise Offering Circular
What is a UFOC? What Does the UFOC Contain? How Do I Use this Franchise Document? Description of Standard UFOC Items

Franchise Start-up: Engage Professionals to Eliminate Costly Mistakes
In a challenging business environment where competition is extremely high and too many players fighting for the customer’s dollar, it is not so easy to succeed with a new start-up.

Franchise Agreement: Terms on a Franchise Resale
When you own a business, there will come a point in time when you need to sell it. If you own an independent establishment, you have the personal freedom to choose the process of selling it. While this can be challenging at a certain level, it can give you limitless possibilities.

India tells foreign luxury brands to wait a decade

With local partners pulling out as franchisees of international luxury brands, and a non-luxe label being the only one to arrive in India this year, we find out if the biggest names in luxury failed at mapping the Indian buyer's mind What does the manner in which Indians shop in 2009 have to do with Brahmanism, a system dating back thousands of years? Everything, someone would argue. Indians are a peculiar breed, victims of centuries-old socio-economic oppression. Where each of us is pinned on the social matrix is revealed by our last name or even a stray twist in accent. Money, or the display of it can rarely manage to unsettle the hierarchy. At least, not in a hurry.

Best Western India Franchise to add 10 more hotels by 2009 end

In a bid to expand its footprint in the Indian market, Best Western India has plans to foray into metro cities. Best Western has plans to add 10 more hotels to its Indian portfolio, which will add around 800 rooms to the existing inventory by 2009 end. At present, the company has 22 hotels under management and franchise agreements. However, 18 hotels in different locations including Goa, Mumbai, Bengaluru, Kolkata, Ahmedabad, Pune, Ooty, Mysore, Jalandhar and Ludhiana are in the final stages of negotiation with developers. Besides, Best Western India plans to open a hotel management institute attached to its Bhubaneswar hotel, in the next two years.

Tata's Trent, UK's Arcadia may set up 15 apparel stores in India
Trent, the retail arm of the Tatas, plans to open around 15 stores of Topshop and Topman brands in the country in the next three years, in a franchise agreement with Britain's Arcadia group, said an informed source.

Buying a Franchise - Mistakes
A franchise is not for everyone. There are many things you need to consider and watch out for before investing your savings into a business opportunity.

How to Sell A Existing Franchise Business:
Provides useful tips and advice for small business owners on how to prepare an existing franchise business for re-sale in today's market.

How to Franchise
How to franchise. Business owners should follow these steps when developing a franchise program.

Franchise System Specifications
Franchisors want each franchisee to operate indentically, as much as possible. The franchise specifications are used to establish that uniformity.

Franchise Operations Manuals
Franchisors are required to provide their franchisees with an operations manual, outlining how the business may be successfully operated.

The Cost of a Franchise Offering
There are initial and ongoing costs to a franchise program. This article summarizes each and gives an idea of what the franchisor can expect.

"Untouchables" and "Discussables"
You should carefully consider which elements of your franchise program you are willng to negotiate, and which parts of the program should not be changed from one franchise sale to the next.

Can I Get Business Financing with Bad Credit?
Had a tough time making payments on time, been through a divorce or had medical problem that affected your credit score? You may still qualify for a small business loan. This articles explains the ins and out of applying for a business loan with a poor credit score.

Top tips to buy a franchise
Nick Strong and Richard Holden, head of franchising for Lloyds TSB bank, look at some top tips for you to consider when you decide to buy a franchise in the UK.

Franchise Contracts - Getting Sick would really Suck

Owning a franchise is the dream on many entrepreneurs - you have access to a brand name that is recognized for quality and service. to quote the Toronto Frachise Show Press Release from Jan 2009 - “In a recent survey, over 1.3 million Canadians hate their jobs”, states Fred Cox, President of National Event Management. “We wanted to produce an event that gave Canadians and business owners the chance to seize an opportunity, meet face to face and explore how to make their dreams of becoming their own boss a reality.”

Opposing a Franchisor’s Motion for a Preliminary Injunction Against a Franchisee
When a franchisee opposes a franchisor’s motion for a preliminary injunction, the court should be made aware of the unique situation of this contractual relationship concerning the franchise agreement.

Can a Choice of Forum Clause Force a Franchisee to Litigate In the Franchisor’s Home State?
A franchisee who has a grievance against his franchisor is not likely to want to pursue litigation in a distant forum, and thus may turn to a state court in his home state. The franchisor typically removes the case to federal court, 1 and then, invoking the forum selection clause in the typical franchise agreement, seeks to transfer the case to the federal court in the franchisor’s home state.

Entrepreneurs – Do It Yourself Or Buy A Franchise?
You’ve wanted to go into business for a long time. You know what you want to sell and you know who to. The last big decision you have to make is – do I go it alone or do I buy a franchise?

Are You Ready For Franchising?

Franchising. Just saying the word has an almost soothing quality to it as it rolls off the tongue. As a concept, franchising is suppose to provide business owners a sense of comfort and ease, knowing that behind their new venture are people with years of tried-and-true business experience waiting to share it. Franchising is a business network that allows people to share a brand identification, a successful method of doing business, and a proven marketing and distribution system. But franchising isn't for everyone. In fact business owner "wannabees" should think carefully before spending many months and much cash on securing a franchise that either isn't right for them and provides no extra benefits. This article provides 5 important steps you should consider before purchasing a franchisee.

Understanding the Franchise Disclosure Document (FDD)
This article provides a frame of reference to study the FDD further while coveri the primary topics discussed in the FDD. It also provides information on where to secure more detailed information on the FDD.

What is Franchising

In its most simple definition, a Franchise is a business opportunity that allows the Franchisee (possibly you) to start your business by legally using someone else's (the Franchisor's) expertise, ideas, and processes. In some cases, this means also having the right to use the Franchisor's established name and branding, as well as their already-tested business model. In other cases, this means the right to resell (or distribute) a Franchisor's product.

The Ten Golden Rules
Advice for Buying a Franchise

Getting the Best Out of Your Franchise Agreement

You’re at that crucial point which will start your franchising career, that moment when you put your signature down on the dotted line of the franchise agreement. Signing isn’t as easy at it sounds, though. Reading the terms and clauses in the agreement may send you into a whirlwind of second thoughts. By the time you actually get to the dotted line at the bottom of the contract, you’ll be wondering what you’re getting yourself into.

Franchising - Great Expectations
It is vitally important to seek advice when purchasing a franchised business. Do not try and go it alone. The cost associated with seeking advice will potentially save you money in the long term. Seek advice from experienced franchise advisers. Do not be nervous to ask about their experience in franchising.

Franchise Financial Information
As dictated by the Federal Trade Commission (FTC), franchisors are required to give prospective franchisees a copy of their Uniform Offering Circular (UFOC) document, which contains financial and material information about the franchisor.

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.

Selling a Franchise How to

You’ve worked to make your franchise a success, and now want to sell. Here is what you’ll need to do. Maybe you’ve decided to try something else, of you’ve built your business into such a success that offers to buy it flow in faster than your customers. No matter your reasons, selling a franchise is a common situation, but it isn’t always simple. You may have to jump through a lot of hoops to get the deal you want, and you’ll have to make sure you get all the money you deserve. Here is what you need to know:

Franchise Agreements The Basics

What you need to look for when you want to start a franchise and are ready to sign the franchise agreement. So you’ve taken all the appropriate steps; you’ve researched, asked questions, found out about the competition, scouted locations and lined everything up. Now it’s time to sit down and sign the franchise agreement. But before you do, there are several things you need to know. The franchise agreement will be the bedrock of your business, and success (or failure) may lie somewhere inside all those conditions and terms. A smart franchisee will read the franchise agreement very carefully, making sure they understand everything within it. Here are some of the most commonly misunderstood or potential problematic areas you need to be aware of:

Ensuring Franchise Success

New franchise owners have to do everything they can to give themselves a better shot at success. Okay, maybe we can’t guarantee you will be successful with your new franchise just by reading this article. (If you find an article that does guarantee that, you should probably stop reading it.) But we can give you some tips about what you need to be on the lookout for when starting and running your franchise. Unlike other businesses, franchises entail a relationship between the buyer (franchisee) and the seller (franchiser) that can lead to both opportunities and problems. Whether you are new to franchising or have experience, there are a few things you can do to help ensure your success:

Franchising Mistakes and how to avoid them

COMMON FRANCHISING MISTAKES AND HOW TO AVOID THEM Use this list to get ahead of the learning curve and avoid problems before they happen. Franchises have been around for a long time. If you are starting a new franchise business, you’ll often be confronted with problems and situations you’ll have to work very hard to solve. But don’t worry, you aren’t reinventing the wheel here. The kinds of problems you are most likely to encounter have been handled by people just like you, and you can learn from their mistakes. We’ve come up with this list of some of the most common franchising problems so you can avoid them before they happen.

Franchising First Steps

I’VE BOUGHT A FRANCHISE. NOW WHAT? So you’ve bought your franchise and are ready to get started. Before you open the doors and start welcoming customers, you’ll need to have everything ready to go. New franchisees will usually have a lot of help for their Franchisers, but it’s good to be ready for what is coming. From training your employees to securing a location and mastering the skills you’ll need to manage the business, there are a lot of preparatory steps. These things take time and effort, and all of them must be completed before you can actually start doing business. Here is a list of some of the steps you’ll have to take, and issues you’ll need to be ready for when you are getting set to open the doors of your new franchise:

How Franchising Works
How franchising works? It starts with the franchisor finding success with his product/service and ends with the franchisee finding his.

Many Franchisors Prefer Multi-Site Operators These Days
Franchisors are increasingly taking in more multi-site franchisees because they provide several facilities. For example, this way, the franchisors don’t have to individually develop a territory one at a time and can expand at a faster rate.

Buying Into a New Franchise System

Being the 'First cab off the rank' - the first Franchisee into a new franchise system is very risky and it need twice as much thought and consideration before commiting oneself to a binding contract. However, there are some very positive aspects to being the number one Franchisee. You will need to be braver, spend more time investigation the offer and getting to knoe the integrity of the Franchisor. Special deals and special conditions can be negotiated which will be of benefit to both the Franchisee and the Franchisor.

Franchise Agreement Key Provisions
When it comes to the Franchise Agreement – the legal document that technically governs franchisor/franchisee relations – there is no standard format. Terms and conditions of operations vary from franchise to franchise and from industry to industry.

What You Should Know About Your Franchisor Before Signing On
You are required to choose the right franchisor, if you want to succeed as a franchisee. For that, check out the brand-name of the franchisor as well as the litigation history of the franchise.

Creating a Franchise
The first question that an individual or company needs to ask before taking the franchising route to growth. Is franchising the best method of business expansion for you? Do you have the personal attributes to be a franchisor? What are your motives for contemplating the utilisation of a franchise system?

FranchisorFranchisee Relationship
Because entering into a franchise is investing in a very real, very serious relationship, you want to make sure that you're on the road to establishing a healthy franchisor/franchisee relationship.

Franchise Payments Franchisees Can Expect to Pay
Unsurprisingly, there are multiple payments related to owning a franchise. As dictated by the Federal Trade Commission (FTC), franchisors must list those fees in their Franchise Agreements. The following are the primary payments that will be listed...

Taking Over an Existing Franchise
Do you want to become part of a well-known franchise family but hesitate because of the legwork involved in launching the new franchise location? You should consider taking over a franchise that's already in existence. Take a look at the pluses involved in the transaction...

Hiring a Franchise Lawyer
Many assume that, because a franchise agreement is by nature a contract, any attorney is competent to review it. However, this is not necessarily the case. Franchise agreements are unique contracts, and only franchise lawyers are qualified to handle them.

Exploring the Four Types of Franchises You Can Buy
There are four kinds of franchise agreements available when you go to buy a franchise. The single-unit franchise is the most basic one while the master franchise program is the costliest one.

What is in a Franchise UFOC
There are 4 parts to a Uniform Franchise Offering Circular. We list them here, along with some things to keep in mind for each section.

Is Franchising For Me 15 Questions to Ask Yourself
Have you ever wondered if you would make a good franchisee? Ask yourself these 15 questions and you might discover the answer! Franchising is a great business model, but it's not right for everyone.

Use a Franchise Attorney When Investing In a Franchise!
Why would you use an attorney that is a family member, or family friend....

The Small Business Franchise Act
Originally introduced in 1998 and passed in 1999, the Small Business Franchise Act (SBFA) is has put into place certain safeguards designed to eliminate fraud and other activities that might exploit franchisee investors. Common opinion holds that the SBFA was introduced in order to give franchisees additional bargaining power against franchisors.

Warning Signs When Buying a Franchise
Because investing in a franchise is a life-changing event, every prospective franchisee should thoroughly investigate a franchise opportunity before signing any sort of franchise agreement.

Most Common Franchising Mistakes
Franchising can be a wonderful, fulfilling experience – but it can also be a depressing, disenchanting experience. Unfortunately, there are a number of franchisees that, much to their discouragement, are faced with the harsh realities of franchising. Why? Take a look at the following mistakes many entrepreneurs attempting to become franchisees make.

5 Tips to Select the Right Franchise Opportunity
Selecting the right franchise is the first step towards franchise success. For that, you must check out the viability of the product/service you will be selling along with many other things. Consulting the present franchisees and looking into the litigation history of the franchisor are two of them. If you don’t want to do it all by yourself, consult competent franchise consultants.

Selling Your Franchise: What Are Your Rights?
Would you like to sell your franchise? Easy enough in theory, but not necessarily so easy in practice – the terms and conditions for selling your franchise are outlined in the Franchise Agreement, and Franchise Agreements are as a rule drafted with the interests of the franchisor in mind.

Negotiating the Terms of Your Franchise Agreement
It is of course up to the franchisor to decide whether one not its franchisees can negotiate the terms of a franchise agreement. Unsurprisingly, the majority of large, established franchisors will not allow franchisees to make changes to the franchise contract.

Low Cost Franchises Offer Way to Own Your Own Business
Low cost franchises come at a very economical price range. But it will be a good investment, only if the franchise opportunity comes along with comprehensive training and support system.

Are You Ready to Start a Franchise?
Joining the franchise industry requires much thought and research for both the franchisor and the franchisee. A competent franchise consultant from a reputed consultation website can make their job easier.

Maintain a good working relationship with your franchisor
A stable relationship is a very important factor in the proper working of a franchise system. Both the franchisor and the franchisee are required to work hard to maintain it.

Franchising Industry Has History Behind It

Franchising started as a process of granting privileges from the local sovereigns to carry out business. Gradually, it developed into a way of distributing finished goods. Then, the business turned into a full-fledged industry and acted as a safety net for the people. Various acts and the franchise associations brought some rules and regulations and the necessary professionalism into this field, which has now become one of the most stable pillars that is holding up the American economy.

The Uniform Franchise Offering Circular
Just How Important is the UFOC? I started playing golf about 10 years ago and over time have come to love the game. Although technique is a large part of what drives many golfers back to the greens, golf also has a very specific set of rules that define the game and create an equal playing field. The rules spell out how to play, how to keep score and how to determine a winner.

Explaining the Differences Between the UFOC and the FDD
The new FTC rules have bought smiles in the face of the franchisors and franchisees alike. It has made giving earning claims easier for the franchisors while the franchisees are duly warned whether they have to compete against the franchisor or another franchisee within its demarcated territory.

Benefits and Responsibilities of Franchise Ownership
The benefits and responsibilities of being a franchise owner are vast. Though you get a system of business to start with, but you will be responsible, if any term of the franchise agreement is broken. The support offered by the franchisor will benefit you considerably while starting the franchise. However, it’s your responsibility to ensure that the franchise operation runs smoothly.

Franchisee performance
High performing franchisees are vital to the franchisors success. Franchisors need to operate effective support systems to minimise poor network performance.

Franchise your business
Do you run a successful business? Could it be expanded nationally via franchising? We look here at some Q & A’s you need to consider before taking action.

Factors to Consider in Determining Whether a Franchise Will Work in Your Area
Whether your franchise will work in your area or not will depend on various market factors. Prominent among them are the age-group, income-level and ethnic-diversity of the population in the targeted market.

Make the Most of the Franchise Agreement
The market has been studied, the category chosen and now you're ready to sign the paperwork to purchase a franchise. Here's some of what you'll encounter in the franchise agreement

Question Your Franchise Decision Making
Deciding on a franchise may be one of the most important decisions you will make in your lifetime. Before rushing right into it out of sheer excitement, please take some time and ask yourself the basics.

Buying or Selling An Existing Franchise Outlet

The sale of an operating franchised business has unique issues beyond the typical issues involved in the sale of a business whether by the sale of assets or the sale stock due to the legitmate business interest of the franchisor and the terms of the franchise agreement to which the seller of the business is subject. This article discuses these uniques issues including the franchisor's right of first refusal, the franchisor's approval of the buyer, the payment of a transfer fee, the training of the buyer; the buyer's signed a new Franchise Agreement; rstrictions on advertising the business for sale; the franchisor's veto right is the price is too high of there is too much debt and forced sale upon the disability or death of the franchisee.

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.

Franchises Versus Licensed Business Opportunities
When it comes to business there is a whole lot of lingo out there that can be confusing. One example is that of a franchise or a licensed business opportunity. Anyone looking for business opportunities must understand what a franchise is and what a licensed business opportunity is. This brief overview will help you understand the differences.

Franchise Information—Understanding Franchise Agreements
What is the Franchise Agreement? The franchise agreement outlines the way your business will work within your franchise system. It gives both you, the franchisee, and your franchisor a clear understanding of the terms of your business relationship.

Good Faith in Franchising: The Shelanu Decision -- Franchise Lawyer Canada
This article examines the development of good faith in Canadian franchise law, which received its first important push from the Ontario Court of Appeal in the Print Three v. Shelanu decision. peter macrae dillon franchise franchisor lawyer attorney Toronto Ontario Canada www.franchiselaw.ca

Franchise for Sale
So, you’ve determined your franchise feasibility and now what? You’ve got a franchise for sale, but where do you go from here? Well, now comes the hardest part – oh, and did I mention the most fun part as well!

Encroachment and Good Faith in Franchising

The object of this paper is to provide you with a quick look at how the current statutory duty of good faith impacts on the issue of encroachment. This paper is intended as a summary only and should not be relied on as legal advice. Consult a competent franchise lawyer before acting. The paper focuses primarily on Ontario, with mention of Quebec, and a look at the US. peter macrae dillon Siskinds franchise franchisor franchising lawyer attorney Toronto Ontario Canada www.franchiselaw.ca

Rescinding Your Franchise Agreement

This article examines and comments on the Ontario Court of Appeal’s decision in 1490664 Ontario Ltd. v. Dig This Garden Retailers Ltd. In particular, it focuses upon the Court’s decision with respect to the interplay of sections 6 and 7 of the Arthur Wishart (Franchise Disclosure) 2000 Act and whether a franchisee must elect between remedies, namely, rescission or damages. peter macrae dillon franchise franchisor lawyer attorney Toronto Ontario Canada

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