Initial Training and Support

Initial Training Among the most important tasks for any franchisor is training new franchisees. For both the franchisee and franchisor, a thorough training program is critical for a successful...

Building a Thorough Business Plan

Whether you’re a franchisor or franchisee, writing a clear and thorough business plan is one of the best ways to ensure a successful franchise experience. A business plan encourages...

Did You Know?

Franchise Fun Facts legalmediacompany.com Bojana Galic is the Executive Editor at AskMrFranchise.com and specializes in franchise law studies. With a degree in journalism and politics from New York University, she has...

Business Plan

Whether you’re a franchisor or franchisee, writing a clear and thorough business plan is one of the best ways to ensure a successful franchise. A business plan encourages you...

Working with Vendors

Make a Vendor List  Start off by making a list of vendors with whom you've already had relations. Ten vendors would be a good number to start with. Add to...

Introduction to Franchising

What is a Franchise? Franchising is a business model that combines the best aspects of sole proprietorship and corporate America. It can be described as a "hybrid" model that fills...

Purchasing a franchise

When purchasing a franchise its essential to be prepared for all the steps from research to opening your franchise... Most franchisors will send out documentation to improve the likelihood of...

The Franchising Process: A Brief Overview

Like any long-term business decision, the process of franchising should not be taken lightly. There are many decisions that need to be made that could become very costly without...

Support from the franchisor to the franchisee

Support from the Franchisor is essential to get started on the right foot when opening your new franchise... Remember, a Jedi can feel the Force flowing through him. I can't...

Arbitration Disputes

Mandatory arbitration is a legal route that receives mixed opinions. The concept, which frequently appears as a contract provision or in the Franchise Disclosure Document, requires parties to resolve...