Does Being Solicited by Retailers Mean You Should Franchise?

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…

Do I Need to Change My Name to Franchise

Call it a thought, premonition or a dream but at some point you may have been thinking about franchising your business. While there are many things that could potentially hold you back one preconceived notion may be, “do I need to change my name to franchise”. You may have lots of reasons why you think…

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…

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…

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…

Questions to Ask Before You Franchise Your Business

It is appealing to any business owner to grow exponentially. Sure bet you’ve thought about this many times. Ideally you want the quickest and easiest path to grow exponentially. You may know, there is really no such thing as becoming a fully branded business overnight. Perhaps you have tossed around the idea of opening up…