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10 Tips for Researching a Franchise Operation
Ten questions you need to ask before deciding on a franchise operation.
Before Starting Your Franchise Have Your Team Ready to Go
A successful franchise operation requires more than one person to manage the business. There are a number of reasons why it's important for a new franchisee to have their team in place before the franchise is off and running. First, the franchisor needs to know how the franchisee intends to operate their franchise before completing the franchise transaction. Here are some reasons why both the franchisee and franchisor need to have answers to this particular question.

Get an MBA or Buy a Franchise?
Nick Friedman, America's youngest franchiser, discusses the new choice in achieving career success. Obtaining an MBA versus buying a franchise.
Franchise Operations Manuals
Franchisors are required to provide their franchisees with an operations manual, outlining how the business may be successfully operated.
The Role of the Franchise Compliance Coordinator
When advising clients concerning their franchise operation, FranSource recommends that they designate a responsible employee to act as the Franchise Compliance Coordinator. This position entails implementing a franchise compliance program to ensure the company remains in compliance with all federal and state disclosure laws and regulations.
Determining the Initial Franchise Fee
Many factors impact the franchise fee charged by a Franchisor. Some franchise companies make the mistake of setting their franchise fee based solely on what their competitors are charging. Although this may appear to be a sound strategy, the problem is that not all franchise systems are created equal, regardless of whether they operate in the same industry...With Franchise Fees wildly fluctuating even among similar type franchise companies, to a potential franchisee the Franchise Fee may appear to be based on a "throw it out there and see if it sticks" approach. However, when the Franchise Fee is properly established based on a thorough evaluation of specific factors, it can be easily justified (and understood) by a potential franchisee.
The American Dream, Part II of II
This is part II of a two part article. The first part looks at the questions a prospective business owner must consider when pursing "The American Dream". In part II we will compare buying a franchise or existing business to starting a business from scratch.

Franchising - Current Economy Offers Great Incentives
As we approach the new year, many prospective franchisors wonder whether developing a franchise operation is a wise decision with the U.S. mired in a recession. Conversely, prospective franchisees wonder whether purchasing a franchise makes senses given the current economic climate. The quick answer to both...
A Day In The Life Of A Wireless Toyz Franchisee
Chances are you're seen one of them in your town, and Wireless Toyz has taken their model of using the newest cellular technology and explaining it to their customers and built a massive chain of franchises all over the country. Here's a look at what a typical day looks like as the owner of a Wireless Toyz franchise.
BILL GATES ON SUCCESS
During an interview once with USA talk show host Larry King he asked Bill Gates, the President and founder of Microsoft for his views on creating success. Bill Gates said that in his opinion there were three major factors...
Aid That Franchisors Provide to Franchisees
A review of what type of aid franchisors can offer their franchisees, including training, financial assistance, support, location selection and advertising.

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.
10 Things You Should Know About Franchising
There are various things you are required to know before deciding to buy a franchise. It includes learning about the company and becoming aware how much you are capable of working for the business.

Why Use a Franchise Consultant?
Most business experts agree that a franchise operation has a lower risk of failure than an independent business. The statistics on this vary depending on the definition of failure. Whatever statistics are used, they consistently suggest that a franchise is more likely to succeed than other independent businesses.
17 Questions to Ask Existing Franchisees
Visiting a franchisee is most likely a two step process. The first step is to visit the franchisee unannounced during their peak hours. Be a “secret shopper”.

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
Buying an Automotive Franchise
What to look out for when buying an Automotive Franchise

Other franchise operation Related Articles

10 Tips for Researching a Franchise Operation
Ten questions you need to ask before deciding on a franchise operation.
Why Use a Franchise Consultant?
Most business experts agree that a franchise operation has a lower risk of failure than an independent business. The statistics on this vary depending on the definition of failure. Whatever statistics are used, they consistently suggest that a franchise is more likely to succeed than other independent businesses.
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.

The ideal franchise opportunity
Which franchise opportunity is best for you? Should you buy an existing location or start a new one? Rod Young of DC Strategy provides a path through the maze of questions. You've dreamed and planned and now the time has come to invest in a franchise opportunity. The most fundamental question, of course, is in which franchise system you should invest. With that decision made, the next key consideration is whether to purchase an existing franchise business or establish a new one. Let's look first at some of the considerations in assessing the franchise group as a whole. Many factors will determine whether a franchise system is the right one for you. Answering the following 10 key questions will give you an initial insight into the quality of the operation and whether you are joining a "franchisor of choice".

Franchising - Current Economy Offers Great Incentives
As we approach the new year, many prospective franchisors wonder whether developing a franchise operation is a wise decision with the U.S. mired in a recession. Conversely, prospective franchisees wonder whether purchasing a franchise makes senses given the current economic climate. The quick answer to both...
The Role of the Franchise Compliance Coordinator
When advising clients concerning their franchise operation, FranSource recommends that they designate a responsible employee to act as the Franchise Compliance Coordinator. This position entails implementing a franchise compliance program to ensure the company remains in compliance with all federal and state disclosure laws and regulations.
Special Issues for an Area Representative
An area representative is best described as a "super" franchise broker and servicing agent for the franchisor. You will be disclosed in ITEMS 2, 3 and 4 of the franchisor's Franchise Disclosure Document with your 5-year biography and litigation and bankruptcy history if you will have management responsibility relating to the sale or operation of franchises. An area representative differs from a subfranchisor in that the area representative uses the franchisor's Franchise Disclosure Document and the franchise agreement is signed directly between the franchisor and the franchisee. The area representative is not a party to the franchise agreement. Under the area representative agreement between the franchisor and the area representative, the franchisor delegates to the area representative certain of the servicing and support obligations
Before Starting Your Franchise Have Your Team Ready to Go
A successful franchise operation requires more than one person to manage the business. There are a number of reasons why it's important for a new franchisee to have their team in place before the franchise is off and running. First, the franchisor needs to know how the franchisee intends to operate their franchise before completing the franchise transaction. Here are some reasons why both the franchisee and franchisor need to have answers to this particular question.

Licensing v. Franchising
This article discusses the elements of a trademark license and of a franchise and the "Twilight Zone" between the two with respect to the degree of assistance the licensor provides and the degree of control the licensor exerts over the licensee method of operation. The danger is having a license agreement ruled to be a franchise and the licensor to be in violation of the FTC Franchise Rule and state unfair and deceptive trade practice laws for failure to comply with the pre-sale disclosure requirements of the FTC Franchise Rule.
FAQs about Franchises
There are many questions that go along with getting yourself into a franchise operation. If you are going to be the owner of the franchise then you particularly want to know all the specifics about owning a franchise, so here are some questions and answer that many people will typically ask the company directly in order to know where to begin first.
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