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Why Franchisees Should Consider Using a Franchise Broker
Franchisees searching for franchise opportunities have a number of choices. The best approach is to use a combination of these choices. By following this approach a prospective franchisee can increase their probability for finding the best franchise for them. A franchise broker can be a useful resource for a prospective franchisee. As a start, let’s review where individuals can find franchises for sale.
Before you start Franchising
Developing a franchise module requires a great investment of time and money in brand building, training, advertising, expert guidance etc. So if you have decided to get venture into franchising here are some guidelines.
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.

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.

Doing Your Homework: How To Get The Facts On A Small Business Franchise
The old adage of "look before you leap" is never more true than when it comes to starting your own small business franchise. Knowing all the facts before starting your own home based business is a must and will set your business up for success. Here's some good information on what to expect and what it takes to start your own small business franchise.
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...
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.

About Franchise Lawsuits
Always look into a company's background before you decide to invest in a franchise. After all, the last thing you want to do is throw your money into a concept that carries a history of trouble.
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.

Buying a franchise what to consider
There is more to making a decision to buy a franchise than to evaluate the proposition. Considerations on how to manage the options available to you.
What do Franchisors Look for in a Franchisee?
After you’ve done all your research and made an informed decision about which franchise is right for you, your first step toward buying a franchise business will be your application, which—according to Craig E. Yaris of The Lemon Tree—is basically a “weeding out process” for the franchisor.

Other prospective franchisee Related Articles

Is Franchising For Me
This article helps the reader understand the essential nature of a franchise and how to go about assessing whether franchising in general, as well as any specific given franchise, is a good match for the skills and interests of a prospective franchisee. It also provides links to other franchise related resources.
Select a Franchise Opportunity That Clicks!
There are many ways to wisely examine a franchise opportunity. Smart prospective buyers conduct a thorough due diligence using the following statements as a guide. But in the end, it is the fit between the franchisee and franchisor that makes or breaks the deal. When the fit is in place, the sale is likely to go the distance. And when the parties click with one another, they are likely to find mutual success.
Franchisee/Franchisor Relationship Requires Mutual Trust, Respect
Trust is the foundation of any good franchisor/franchisee relationship. The franchisee is entrusting his livelihood to the franchisor. The franchisor, in turn, is trusting the franchisee to protect the reputation of the franchise brand.

My Dear Franchisee…
My Dear Franchisee provides an introduction to a new franchisee of exactly what it is they've bought, what is included and what isn't as well as defining what are the roles of the franchisee and the franchisor. In short, everything you wanted to know about franchising but had been unable to ask!

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.

Great Small Business Franchises For The Skilled Administrator
Do you love flexing your left brain while multi-tasking between a spreadsheet and an e-mail inbox? For those of you with a gifting in administration, there are some great business opportunities for you and with your much coveted skillset, you have exactly what many franchisors are looking for in a prospective franchisee. Here's a look at some of the best small business franchises for skilled administrators.

Why Franchisees Should Consider Using a Franchise Broker
Franchisees searching for franchise opportunities have a number of choices. The best approach is to use a combination of these choices. By following this approach a prospective franchisee can increase their probability for finding the best franchise for them. A franchise broker can be a useful resource for a prospective franchisee. As a start, let’s review where individuals can find franchises for sale.
Is Your Franchise a 20-Year
The typical franchise agreement is usually for an initial term of 5 to 10 years with a right to renew for an additional term. This means that at some point in time the franchise relationship may end if the franchisee does not exercise a right to renew or where the franchisee has no additional right to renew and the franchisor refuses to renew. In representing prospective franchisees, I have had numerous occasions to ask the franchisor: “What happens after 20 years when the renewal term ends?” Surprised at the question, the candid response by the franchisor was “I don’t know, we haven’t been operating that long.” My reply was that according to the literal terms of the franchise agreement, there is no legal obligation for the franchisor to renew the franchise agreement again even if the franchisee wants to.
COLLECTIVE NEGOTIATION OF FRANCHISE AGREEMENTS - A Non-Legislative/Non-Litigious Solution to Many of Problems
An increasing number of franchise systems are now entering into a cycle of renewal. The dilemma currently faced by renewing franchisees is either to: (i) sign the new franchise agreement as presented, without negotiation; or (ii) "get out of the business," as most franchisees are subject to a 1-3 year covenant not to compete when the franchise agreement ends. Neither alternative is reasonable. Many franchise agreements provide that when it ends, the franchisor can take over the franchisee’s lease, taking over the franchisee’s telephone numbers, take over the franchisee’s customer list and perhaps giving the franchisor the right to purchase the business assets for an unfair price such as book value. . The franchisee has not bought a business creating equity for the future but the franchisee has merely leased the business for 10 years.
E-Mailing the Franchise Disclosure Document to Prospective Franchisees
Under the FTC Franchise Rule,a franchisor can deliver the Franchise Disclosure Document (“FDD”) electronically by e-mailing the FDD in a pdf form or mailing a FDD copied on to a CD-ROM to a prospective franchisee. The first personal meeting requirement has been eliminated. The prospective franchisee must have the FDD and Exhibits at least 14 calendar days before the franchisee signs any agreement with the franchisor or gives the franchisor any money. Electronic delivery of the FDD disclosure will save the franchisor substantial time and money as the cost of copying and mailing a Franchise Disclosure Document and Exhibits, let alone personnel cost, really adds up. The FTC estimates that the cost to copy and mail a disclosure document is about $35.00 each. The states having franchise registr
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