The franchisor owns the trademark and the operating system for the franchise. The franchisee is licensed to use both the trademark and the operating system according to the terms and conditions set forth in the franchise agreement. Both the franchisor and franchisee...
The majority of franchise owners are first-time business owners. While many of these have managed other businesses and developed the necessary skills to leap out on their own, it is still an adjustment to go from an employee to being a franchise owner. Most...
What kinds of people become franchise owners? Usually, they are people who have had a career already. They could be in the middle of their career life or soon to be retiring and looking for something to do to avoid boredom during retirement. Franchising is seen as...
As the owner of a franchise, you obviously want it to be successful. As profits increase so does the potential of the business. Soon you will be ready for your business to grow. The following three ways to get more from your franchise… Enlarge Your Space For...
In my years of helping people get into franchise businesses, I’ve learned that it is more important for me to first assess if owning a business is right for my client at all, and if so, if franchising will offer them the opportunities they are looking for. Franchises...
