History of Franchising

The Meaning of the World "Franchise"  The act of franchising predates the word as we recognize it today. If we look to the “Online Etymology Dictionary,” we can trace the origin...
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A Business Franchise: Is it right for you?

In Brief: Business franchises provide a vast array of services that most franchise owners rely on to keep their company afloat. Whether it be accounting, printing, shipping, or event...
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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...
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Purchasing a Franchise

Deciding between a franchise and an independent business Making the decision between going the route of franchise or independent business can be difficult. While franchising is a top strategy that...
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Initial Franchise 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...
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Building a Thorough Franchise Business Plan

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

Gaining National Exposure for Your Business

In Brief Creating a strong identity for products or services is a driving force behind the success of any franchise. A strong identity reassures customers that they will receive...
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Introduction to Franchising

In Brief: According to the American Bar Association, there are three main elements that define a franchise under both federal and state franchise laws. Whether or not a business...
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Advantages to the Franchisee

In Brief: A key advantage of franchising is the benefit of operating a business with an established and publicly recognized trademark. One of the hardest aspects of opening an...
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To Franchise or Not to Franchise?

In Brief: The path to financial stability can be arduous on your own. An entrepreneur can build their business from the ground up or decide to become a franchisee. ...