For Beginners

Latest Post:

A Quick Primer Inside the Franchise Disclosure Document (FDD)

Before a franchisee makes the decision to invest in a franchise, they must thoroughly read the Franchise Disclosure Document (FDD). This document is typically provided to the franchisee by a franchisor once the franchisee has completed and submitted in their application. The FDD contains extensive...Read More

By Deborah Sweeney | Posted August 13, 2018

All Posts in "For Beginners"


What's New in Franchise Financing for 2018

To the outsider, franchising may appear static. However, to those of us who specialize in this sector, we know that franchising is constantly changing and evolving. These evolutions not only require staying up to date, they necessitate changing strategies to offer effective, and current, advice...

By | Posted July 10, 2018

What Franchisees Need to Do Before Interviewing with a Franchisor

Franchisees who are serious about buying a franchise already know that they’ll need to undergo an interview with a franchisor before they can sign the franchise agreement and make the investment. Much like any interview, franchisees know they can’t walk in unprepared. They have to do their...

Posted July 02, 2018

5 Tips on Financing a Franchise

When it comes to financing a franchise, you have several options to choose from—withdrawing funds from your retirement account, small business administration loans, financing through the franchisor, home equity loans/second mortgages, borrowing from family or friends, or using your own savings....

By | Posted May 17, 2018

What's a DBA and Why Does It Matter to a Franchise?

Many entrepreneurs new to starting a small business know there are a few legal procedures they must accomplish before they can open up shop. Some of the primary ones include incorporating or forming an LLC to protect their assets, obtaining employer identification numbers (EINs) if they plan on...

Posted May 08, 2018

Before You Buy: 10 Questions to Ask a Franchisee

Prior to Investing in a Franchise, Interview Existing Franchisees First One of the most important steps in your journey to find the ideal franchise opportunity is what's known as validation. Validation refers to the process of interviewing franchisees who have bought into a concept that you have...

By | Posted April 23, 2018

5 Franchise Industries to Invest in (That Aren't Fast Food)

More often than not, when we think about franchises we immediately think of fast food restaurants like Subway, McDonald’s, or Dunkin’ Donuts. However, with more than 750,000 franchises currently in business in the United States in 2018 it’s safe to say that the majority aren’t...

Posted March 27, 2018

How an S Corporation Saves Franchisees Money

Forming an S Corporation Allows Franchisees to Save on Payroll FICA Taxes Whether you’re buying an existing franchise or taking your own business and turning it into one, franchisees know that it’s a requirement to incorporate a franchise. While LLCs and Corporation tend to be the most...

Posted January 26, 2018

5 Franchises to Watch in 2018

If starting your own franchise is on your resolutions list for 2018, finding the right option for you and your family requires research. Here are five potential options that are poised for growth in the months ahead. Learn more to see if they could be right for you and your entrepreneurship...

By | Posted December 20, 2017

Break Free from Corporate Life Through Franchising

Even if you have had a long and successful corporate career, many people find themselves longing for something more. If you find yourself feeling not quite satisfied with your current corporate responsibilities, it may be time to consider branching out on your own to another business...

By | Posted September 21, 2017

Load More
Have a Question?

Let Us Help You!

First, check out our Franchising F.A.Q. Still have a question? Submit it below and we'll get you an answer!

Requests
Interesting stuff
Not as interesting stuff