How to Structure a Franchise

If you are like most business owners the idea of expanding your business is one of your dreams. Perhaps you have decided your path for expansion is franchising and you wonder how to structure a franchise for your business. You have researched on the internet and realize there are a lot of moving pieces and…

Franchise Document Templates

You have decided to franchise your business and like most business owners you want to get it done quickly, easily and for as little money as possible. You start researching how to franchise your business online and stumble across franchise document templates for sale. Franchise document templates are generic, one-size-fits-all boilerplate documents that you can…

Is Someone Cold Calling You to Franchise?

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…

Franchising a Product

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…

Finding Locations for Franchisees

When franchising your business, if your business model requires that it operate out of a storefront or an office space; it is expected that you help your future franchisees find a location. You may ask, “Am I the one responsible to find locations for franchisees?” Finding locations can be tricky, time consuming and emotionally charged….

Does it Make Sense to Franchise Because My Name is Gold

So you have a business with a really clever name and as a result you have customers and/or clients who approach you and say, “this has to be a franchise because the name is gold!” And with many franchised businesses out there with a clever name attached, this is not an uncommon misconception. Your customers…