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Fixed vs. Percent: Understanding Franchise Royalty Fees

If you’re reading this article, chances are that you’ve been researching Franchises. By now, you should be familiar with a Franchise Disclosure Document or FDD. This is one of the most important documents detailing many of the costs associated with a particular franchise. This article...Read More

By Rick Bisio | Posted October 28, 2014

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Think Unique: Stay Away from the Herd Mentality When Choosing your Franchise

There are thousands of franchises on the market in just about every industry you can think of, at a wide range of price points. Besides the standard focus on something that personally interests you and is in the price range you are seeking, it is important to keep in mind the industry competition....

By | Posted October 01, 2014

12 Reasons You Probably Should be an Entrepreneur

In a recent online article authored by Scott Dinsmore titled: Full Disclosure: 12 Reasons You Probably Shouldn't Be An Entrepreneur (The story no one tells), Mr. Dinsmore, an accomplished entrepreneur, eloquently catalogs the pitfalls often associated with building a small business.  As I...

By | Posted September 10, 2014

In Business it's Not What's Hot, it's What's Right

The Hot Business VS The Right Business? So what is the new hot franchise? This is a question I’m often asked by people in the early stages of their research process. I guess the reason it’s asked so frequently is human nature. When we see a popular trend, it triggers an emotional response…...

By | Posted July 31, 2014

How Long Will It Take Before Making a Profit?

Determining time to profitability for a franchise opportunity From the time you sign the franchise agreement to the time you can reasonably expect to make a profit varies greatly from franchise to franchise.  Due to the fact that franchising exists in approximately 75 different and distinct...

By | Posted July 02, 2014

A Few Tips to Chew On Before Investing in a Fast Food Franchise

Food franchises are popular, but are they a good fit? The most popular franchise to invest in is fast food, according to Entreprenuer.com. Food franchises dominate the Franchise 500®, making up half of the top 10 and more than a quarter of all ranked companies. Additionally, food franchises...

By | Posted June 05, 2014

Franchise Discovery Day: Who Should Pay The Costs?

A common question asked by prospective franchisees is who should pay the cost of attending the Franchise Discovery Day?  Should the prospective franchisee pay for their own costs or should the franchisor cover the prospective franchisees costs? In the world of franchising, there is no...

By | Posted June 04, 2014

Does a Higher Minimum Wage Hurt Franchising?

The nationwide push to raise the minimum wage continues to gain momentum. The issue was brought to the forefront over the last 18 months as employees of quick service restaurant (QSR) workers waged a series of marches and protests demanding and increase of the minimum to $15/hour. President...

By | Posted May 29, 2014

Can I Trust a Franchisor's Financial Performance Representations (Item 19 of the FDD, Part 2)

Understanding Item 19, Part 2: The 4 Types of Item 19’s In our previous review of Item 19, we provided a general guide to items found within a company’s Item 19 Financial Performance Representation (formerly known as an Earnings Claim; also known as Article 19).  In part 2, we...

By | Posted May 12, 2014

The Affordable Care Act and Franchising

One of the more significant issues facing today’s franchise owner are the requirements under the Affordable Care Act (ACA). For owners with multiple locations, particularly in the restaurant and automotive industries, the concept and calculation of “Full Time Equivalent” (FTE)...

By | Posted May 09, 2014

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