Franchise Articles

Jan 17, 2018

What Employee Injuries Really Cost- How Can You...

It is the grand opening of your newest, and third store. Business has been great in your other two stores, and you can’t imagine why this location would not skyrocket to success like the others...

Jan 12, 2018

Franchising Technology That Disrupts Business...

Contemporary franchisors value innovation an incorporate new ideas that may disrupt and improve upon an existing business model. Technology improves upon the business model—from the preparation...

Jan 10, 2018

Five Questions You Must Ask Your Franchisor before...

Joining a proven franchise system sounds like a golden ticket to many entrepreneurs. Eager prospective franchisees should, however, look before they leap and question before they lease. These...

Jan 5, 2018

What’s In a Name, Anyway?

Mark asks: I am pretty far down the road with one franchise business and I like what I see, but I am concerned they only have a few dozen units and there is not enough brand recognition. Where’s...

Jan 2, 2018

Underdogs RULE!

Remember when the only words in the dictionary were proper words? No slang, corruptions, or colloquialisms in Webster’s world! But this practice ended several years ago when the colloquial...

Dec 22, 2017

How To Boost Your Facebook Ads For Top Notch...

It’s not rocket science, but the results are as different as comparing a space shuttle with a firecracker. You don’t need a huge budget or a ton of man-hours for your franchise to achieve big...

Dec 20, 2017

10 Fundamental Questions a Good Due Diligence...

Carlos from Arizona asks: "I’ve been looking at companies for a while now. When will I know I have enough information to make a good solid decision. I am concerned I am going to make an...

Dec 15, 2017

Appealing to the Emotions of Franchisee Prospects:...

Some of the most impactful and memorable marketing strategies have little to do with the product being offered, and everything to do with the story behind it. Franchise marketing can be...

Dec 12, 2017

IRS Updates Guidance on Enforcement of ACA...

On November 2, 2017, the IRS updated its Questions and Answers on Employer Shared Responsibility Provisions Under the Affordable Care Act webpage. The section of the webpage dealing with Making...

Dec 8, 2017

Legitimate Business Interests in a Non-Competition...

Non-competition provisions are written to protect the brand and the entire franchise community by restricting a franchisee’s ability to disclose the trade secrets of the franchisor. In its...

Dec 6, 2017

Negotiating the Business Terms of the Lease Deal

Although it would be nice, it’s highly unlikely that a commercial landlord will hand you a proposed lease with correctly-worded and perfect terms and conditions. As we explain in our new book,...

Dec 1, 2017

College and Business Are Like Oil and Water

To me, college is like a guided tour at a museum. You know what you’re going to see and often what the outcome will be before you even start. Someone holds your hand, shows you the way, teaches...

Nov 29, 2017

Advice For Success in Franchising

Stan asks: I know it is true that a business with a history of success, like a franchise, will do better than starting one on my own, but even they fail sometimes. What would you say is most...

Nov 22, 2017

6 Steps to blocking and tackling your way to an...

When it comes to getting funded with a Small Business Administration (SBA) loan, you have to be confident in your game plan. You can’t win a game with only a solid quarterback. You have to have...

Nov 17, 2017

Is Your Franchisee Commitment Phobic?

Commitment appears to have gone out of fashion. Gone are the days of fidelity and faithfulness. Cohabitation has replaced marriage. Pay-as-you-go has replaced contracts. Today that product, idea...

Nov 16, 2017

Can I Just Take It Out of Their Paycheck?

When it comes to dealing with damage to, or loss of, company property, business owners regularly ask whether they can pass that expense on to the employee. Making incremental deductions from an...

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