Thinking about buying a franchise but not sure where to start? The first step is to gain an understanding of how the process works. To get started, read the 10 steps outlined in the article. If you prefer personalized assistance to walk through the entire process in depth, we have franchise consultants throughout Southwest Texas [...]
Last week, we looked at what the Canadian Franchise Association (CFA) recommends franchisors include in their Franchise Disclosure Documents. This week, we will discuss how to read one of these documents, which are brimming with useful information for prospective franchisees. The Franchisor, its Predecessor, and its Affiliates This is an overview of the brand’s history, [...]
If you’re thinking about buying a franchise, one of the first questions on your mind is most likely how much profit you can make. While a Franchise Business Review study revealed that the average franchisee earns a profit of $66,000 annually, that number varies greatly (from $50,000 to $500,000) and many factors impact those numbers. [...]
