What Is a Franchise Discovery Day?

Let’s take a moment and look into your future. You have just spent the last few months working to complete your franchise development program and you are now offering franchises nationwide. This is a very exciting time for you as a new franchisor! As you are talking with applicants more than likely you have a…

Warning: Latest Gimmicks To Franchise Your Business

Just when we thought we had heard of all the games and gimmicks in the franchising industry we recently learned of a new twist that is being rolled out by some companies that are trying to do franchise development work.  These companies are now offering to franchise your business for “no money upfront”. Instead, they…

Franchise Site Selection And Build Out

When the term “turnkey” is used in franchising there is sometimes a misconception that if someone buys a franchise, they are told, “Okay great! Call me in a few months and I will give you the keys.” Someone might think that all they have to do is pay you a franchise fee and they are given…

How To Prepare My Business For Franchising

Whether franchising your business has been your goal since you started operating or you’re just starting to consider it; you’ve probably wondered, “What are some of the things I can do now to help prepare my business for franchising?” Since much of franchising is about duplication, let’s review what you can do now to make the…

Can I Be A Franchisor?

As a business owner you have probably wondered, “Can I be a franchisor someday?” Maybe you want to grow your business but you aren’t sure if you have what it takes to be a franchisor. So how would you know if you measure up for franchising? There are really two things you need to evaluate:…

How The Franchise Fee Is Determined

No doubt one of the questions you have as you’re looking to franchise your business is, “How is the franchise fee determined?” This is a great question simply because there is a misconception out there about how a franchise fee is determined. So let’s answer this question by exploring what a franchise fee is really…