Franchise renewals have many things to consider. For one, the market might be drastically different then when the initial franchise agreement was signed. Neither the franchisee nor the franchisor should enter into the renewal blindly. Both parties should plan accordingly so the negotiations go smoothly. Renewal Right There are multiple franchise renewal options that can [...]
Some franchisees just seem to have all the luck when it comes to social media! How do they get so many followers and audience engagement while other franchisees can barely seem to get their own family and friends to like their Facebook page? It’s not really luck – when a business owner gets good results [...]
Congratulations! If you are reading this, then it is very likely that you have decided that owning a franchise is right for you. Now, you’re looking for the best franchise to open in New York, and combing the internet for as much information you can get your hands on to inform your decision. You are [...]
If you are thinking of investing in a franchise, it is important to understand how franchises are similar to and how they differ from other types of business. If you’ve ever wondered “how does a franchise work?” then this article will help to answer a lot of your questions. The franchise structure Franchises expand their [...]
There are many exciting business opportunities in Canada – especially in the franchise sector. But many would-be franchisees get so caught up in the excitement of buying a business, that they may fail to ask several key questions before they take the plunge. Some will even purchase the business simply because they like the product. [...]
If you among the thousands of Americans looking to join a franchise system, you know it can be easy to get overwhelmed by the number of choices out there. To further complicate the search for a suitable franchise, many franchises fail. If you are a prospective franchisee in NJ who is currently seeking a successful [...]
Ever since the Industrial revolution, the number of motor vehicles rolling around this nation has continued to grow. Unless you live in an area with privileged commuter channels, or are lucky enough to live within walking distance of work, owning a car is basically mandatory. This huge market is highly visible; to someone seeking the [...]
The 2015 International Franchise Expo was a huge success, drawing in premium franchises and enthusiastic business prospectors from around the world for an exciting two-day event in New York's Javits Center. Everywhere you looked, you would be staring at one of the top franchises in NY. The event was a memorable one that sparked self-starter [...]
Franchise ownership is more popular than ever as people across America are starting to see the incredible value of being able to walk into an established business model and benefit from a vaunted brand name. If you are about to start evaluating franchise opportunities in New Jersey, why not inform your selection criteria by [...]
You’ve chosen the franchises that you want to investigate – congratulations – the easy part is over… now what? There are three phases to detailed franchise research, “Franchisor Discussions”, “Validation” (speaking with existing franchisees), and “Discovery/Confirmation”. It is important to progress through these phases in chronological order Phase 1 – Franchisor Discussions: (duration [...]