Search Results for: franchise sales
Does Making a Franchise and Franchise Sales Go Hand in Hand
January 31, 2022 by
When looking to franchise your business you might wonder if making a franchise and franchise sales go hand in hand. There is a lot of confusion floating around out there about what it takes to make a franchise compared to what it takes to sell a franchise. We would like to take a few minutes…
Do I Really Need Someone to Manage My Franchise Sales?
June 4, 2012 by
You have decided to franchise your business and as you research into franchising, you are faced with several decisions. Franchise development is by far the most important; however, you realize that franchising is another business and that soon you will need to manage the franchise marketing and sales side of that business. Is managing franchise…
Franchise Legal Problems Due to Sales Misrepresentations
February 26, 2015 by
Looking to franchise your business and want to know how to avoid getting into franchise legal trouble? More than likely, each of us has either been involved in a lawsuit or knows someone involved in some kind of lawsuit or legal problem. And while you probably don’t hear much about the cases, franchise legal problems…
Franchise Consulting Companies Who Are They?
August 1, 2021 by
Franchising has long been regarded as a gateway to entrepreneurship, offering people from all walks of life the opportunity to own and operate their own business under the umbrella of an established brand. However, for many people looking to buy a franchise, the journey towards selecting the right franchise can be a labyrinth of complexities…
Does Being Solicited by Retailers Mean You Should Franchise?
May 21, 2019 by
One day you get called by a retailer or someone from a property management company who says they want to put your concept in their space. This type of call does well for your ego, gives you validation along with a sense of demand for your business. Then you realize, wait a minute I am…
Is Someone Cold Calling You to Franchise?
March 5, 2019 by
Doesn’t the saying go, “don’t trust anyone who cold calls you”? Let’s say you have been operating your business for some time and have experienced some level of success. One day you get a cold call or an unsolicited email from someone positioning themselves as an “opportunity agent” saying how great your business is, how…
How Can I Franchise a Product
December 27, 2018 by
It may be quite often that you run across someone who says to you they have invented a really neat product (for example maybe this person invented a new hybrid-type of coffee bean infused with tequila) and it comes out in conversation that they want to franchise it. But is a product (in this example…
Why Time Matters for Franchisees to be Operational
August 14, 2018 by
There you are seriously thinking about franchising your business, weighing the pros and cons of what franchising means for you but then you realize it is not just all about you. It occurs to you that there might be some traps you will want to avoid when franchising. So you’re struggling to figure out what…
Creating Franchise Friendly Documents
May 25, 2018 by
The requirement when franchising your business is to have a set of documents that layout in a particular format your obligations and responsibilities to a franchisee. The reason behind having franchise documents is so that there is transparency of your franchising company and well-defined expectations. In order to meet regulatory requirements when creating such franchise…
Can Any Business be Franchised?
March 30, 2018 by
Look closely at the different services you use or businesses you purchase from. It’s likely that many of them are franchises! Technically speaking, any type of business can be franchised (read about the different types of businesses we have franchised). However, it is important to assess what your business really has to offer and will…
I Just Want Someone to Make a Franchise for Me No Scams
March 15, 2018 by
The internet, it can be a powerful tool to find answers and yet can easily bombard you with so much information it will make your head spin. If you are reading this article then more than likely you are seeking answers and a solution for someone to help you make a franchise for your business….
Why Franchise Systems Fail
February 27, 2018 by
Every year business owners take the leap into franchising. For many of these business owners franchising brings great success, however that is not always the case. Some of them are gone before you know it and this may leave you wondering what the hell happened. In our opinion, these businesses should have never been franchised…
Market and Sell Franchises Yourself
February 15, 2018 by
As you are thinking about franchising your business you may be under the impression that you need to hire someone (which may include franchise brokers or a new in-house sales person) to help you market and sell your franchises. Your head is spinning as you wonder how you will find such people (which when it…
Successful Franchising is Keeping Franchisees Engaged
December 13, 2017 by
You have been thinking about wanting to franchise your business. Besides the glory and the money you make, have you thought about what your job will be as a franchisor? One of your jobs as a franchisor is to keep your franchisees satisfied and engaged. So you might ask… when franchising, what are some of…
Franchising Companies That Claim to “Do It All” Including Sales
October 26, 2017 by
When you decide to take the plunge and franchise your business you are presented with many options for who to use to take you through this process. There are all kinds of franchising companies out there that claim they will franchise your business and “do it all” from development to marketing and even sales. While…
Who is The Franchise Maker
June 9, 2017 by
If you are like most people you may think that franchising your business can seem scary, intimidating, costly and hard to obtain. Well enter The Franchise Maker, created by David Waldman in 2005 to dispel the myth that franchising is only for big companies, is not intimating if you have the right mentor and does…
How Much Do I Need to Make Before I Franchise My Business?
April 21, 2017 by
So, you are daydreaming about summer, being on the beach and drinking large quantities of tequila. As you are daydreaming your thoughts go to your business and you remember at one point talking with a really neat company called The Franchise Maker about franchising your business. You continue daydreaming and imagine yourself in the future…
Franchise Development Services Let’s Clear the Smoke
March 14, 2017 by
It can sure get confusing when trying to franchise your business and learn about franchise development services. Over the years the term “franchise development” has become so confusing and convoluted that it can make anyone’s head spin. So many people and companies out there seem to have put their own twist on what franchise development…
How the Franchise Fee is Determined
November 23, 2015 by
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…
What to Look for in a Franchise Development Company
August 28, 2015 by
During the many years we have been franchising businesses we have witnessed some really crazy gimmicks from companies that are offering franchise development services. We encourage you to be super careful who you talk to about franchising your business (read about franchising your business and our President’s warning message). There are many things to look for…
Writing My Franchise Operations Manual
August 4, 2015 by
So you’ve finally decided to franchise your business and you’re ready to pull the trigger. Your research has identified some things that you will need in order to complete the franchise process. One such thing is…the franchise operations manual. As you have been researching how to franchise your business, you may have spoken with several…
What is Required to Franchise a Business
June 2, 2015 by
There really is a ton of information floating around out there about franchising your business. Some information is misleading, confusing and focuses more on selling franchises than actual substance about franchising. Other information you find may only give partial facts. We would like to help answer the most common questions about franchising. So have you…
Why You Need Franchise Marketing Collateral
January 24, 2015 by
Imagine for a minute you are done, yep you have worked hard to franchise your business. You have thought through every detail during the process of setting up a franchise for your business. Now, you are ready to tell prospective franchisees exactly why, out of a myriad of franchise opportunities, your franchise is the best….
The Importance of Franchise Training
December 27, 2014 by
Imagine that you are now franchising your business and have flawlessly vetted applicants and as a result have awarded franchises! Congratulations! Whether this is your first franchisee or your 50th, the next phase in your franchising is training your new franchisees. Your initial franchise training program will really lay the foundation to help launch your…
Franchisor and Franchise Marketing Collateral
February 16, 2013 by
The Franchise Maker has a team of graphic designers who create franchise marketing collateral pieces. Lets hear what they have to say. Good franchise marketing collateral pieces should be doing the selling for you. Oftentimes strong franchise marketing collateral will not only sell effectively for you, it may even have the potential of selling BETTER than you. So…
Know the Difference Between a Franchise Advisor, Consultant & Broker?
September 1, 2012 by
When looking at the franchising industry, there can be some confusion in terminology. Who does what and what are the deliverables? There seem to be various players. Titles that are often loosely used, co-mingled and poorly defined are Franchise Consultants, Franchise Advisors, Franchise Brokers and Franchise Developers. So let’s break them down and see what…
The Difference Between The Franchise Maker and a Franchise Attorney
December 13, 2011 by
When researching how to franchise your business, it quickly becomes confusing and overwhelming. Not to mention, you have franchise sales brokers calling themselves “consultants” or “advisors” and recently calling themselves “franchise developers”, trying to offer franchise development services (see our article titled, “Know the Difference Between a Franchise Advisor, Consultant & Broker”). After the smoke…
Finding The Perfect Franchisee
September 20, 2011 by
Let’s say you have finished all the steps to franchising, are now offering franchises and are looking for the perfect franchisees for your system. This is a very exciting time and as a new franchisor your focus is now on talking with applicants and bringing on qualified individuals as franchisees. When you start looking to…
I Want to Franchise But Am Being Asked to Give Away Equity
June 30, 2011 by
So you are trying to figure out how do I franchise my business and you get BOMBARDED with all kinds of weird proposals. You think to yourself, “I want to franchise but I don’t want to give away any equity in my business!” Over the years some strange companies have popped onto the scene. Most…
What a Franchisee Gets for Their Royalty Payments
May 31, 2011 by
Many people realize that owning and operating a franchise is one of the easiest ways to become a successful business owner. As a franchisor, you will collect a one-time franchise fee. This franchise fee is intended to reimburse you for getting your new franchisee trained, setup and running their business (more on the franchise fee). In…
