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How to Franchise a Service Business

If you are like most service businesses you not only survived but thrived during the pandemic. Now perhaps you are looking at the future and wondering what is the next step. You have been super busy performing services and managing your employees, but the demand for what you do is relentless. You know that you…

How to Research Companies That Do Franchising

You are serious about wanting to franchise your business and so you start doing your research on companies that do franchising. You are not sure who to trust or what to believe. There are so many companies that you come across that offer franchise development in addition to a potpourri of other services. You are…

Financial Performance Representations vs Audited Financial Statements

The franchise development process makes mention of two financial concepts: Audited Financial Statements and Financial Performance Representations. Often times these two topics lead to confusion. Audited Financial Statements and Financial Performance Representations are two different things. Let’s start off with a definition of each. Audited Financial Statements Audited Financial Statements are statements that are prepared…

Things to Do Before Franchising Your Idea

You are super excited because you have a great idea for a business. You believe that your idea is revolutionary and may even be a paradigm shift. You have researched your idea and realize it is something no one else has ever thought of doing. Maybe your idea came to you while you were driving,…

What Franchising Can Do for My Business

Do you have a business and thinking about wanting to grow it? Perhaps franchising is something that has crossed your mind. There are both obvious and not-so obvious things that franchising can do for your business if you choose to go down that path. In general, when people think of franchising, the types of franchise…

Are These Attorney Tactics Creative or Desperate

Yep believe it or not attorneys find themselves turning over every rock to find work. Sometimes young attorneys get a quick wake-up call that just because they passed the bar exam and are licensed to practice law does not necessarily mean that people are crashing down their door for their services. So as a result…