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What Are Business Legal Requirements?

If you’re starting a business, you’ll need a plan to deal with all of the legal requirements associated with having your own company. Some requirements to start a business are set at the federal level, while others are determined by states. This guide is designed to help you navigate the legal requirements to start a ... What Are Business Legal Requirements?...Read More

By | Posted May 18, 2022

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Understand the 4 types of FPR

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 review how these Financial Performance Representations Can I Trust a Franchisor’s Financial Performance Representations (Item 19 of the FDD, Part 2)

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By Rick Bisio | Posted May 12, 2014

The Affordable Healthcare Act

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) employees can significantly impact the profitability of the business. Failure to understand and prepare for The Affordable Care Act and Franchising

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By Todd Weiss | Posted May 9, 2014

Approach franchising like dati

Approach the Franchising Business like Dating

A key element that most people don’t often consider when choosing to invest in a franchise is whether or not the particular franchise fits within their personality type. The first thing that potential franchisees typically evaluate when reviewing franchises are the hard stats such as the number of locations and investment requirements, but there are Approach the Franchising Business like Dating

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By Ken Jennings | Posted April 21, 2014

How Much Money?

How Much Will I Make With a Franchise? (Item 19 of the FDD)

Understanding Item 19: Financial Performance Representations At the core of every potential Franchisee is the age-old question: How much money can I make? The Federal Trade Commission (FTC) has enabled Franchisors the ability to offer an educated answer to this question via Item 19 of the Franchise Disclosure Document (FDD). The FTC’s Franchise Rule allows How Much Will I Make With a Franchise? (Item 19 of the FDD)

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By Rick Bisio | Posted April 17, 2014

Cinnabon’s Recipe For Expansion: Licensing and Co-Branding

Cinnabon has long been thought of as the snack for travelers running through airports and shoppers strolling through malls. What started as a single bakery in Seattle’s Sea Tac Mall in 1985 has grown into a company with 1,200 brick-and-mortar locations in 54 countries. But the chain’s biggest consumer business today is licensing and co-branding Cinnabon’s Recipe For Expansion: Licensing and Co-Branding

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By Ben Baggett | Posted March 24, 2014

What Are 3 Important Qualities of a Successful Entrepreneur?

Meet Rocco Fiorentino Recently, Benetrends’ President and CEO Rocco Fiorentino was featured on a panel of experts for "Empowering Entrepreneurs" put out by Media Planet. Fiorentino joined the Benetrends board of directors in 2009, with more than 25 years of franchising experience. Shortly after, in late 2012, he was appointed CEO. For those unaware, Benetrends What Are 3 Important Qualities of a Successful Entrepreneur?

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By Ben Baggett | Posted November 8, 2013

franchise-owner-advice-part-2-

Franchise Owner Advice Part 1 – The Road to Becoming an Entrepreneur

Did you always know you wanted to be an entrepreneur? Most people say no to this question. Some may have harbored a dream to one day start their own company, but franchising specifically is not usually among the list of childhood ambitions. In fact, a lot of franchise owners have ventured into this line of Franchise Owner Advice Part 1 – The Road to Becoming an Entrepreneur

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By Stephan Baldwin | Posted September 7, 2013