Bill Bradley
Bill Bradley is founding member and CEO of America’s Best Franchises, LLC. Bill founded three financial services firms, Ocean Shores Ventures, Denali International and William Bradley Enterprises. In addition, to launching America’s Best Franchises in 2005, Bill orchestrated approximately 20 private equity transactions in excess of $31 million, and launched five specific purpose private equity partnerships.
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Franchise Business and Risk
Choosing a franchise involves putting in money as well as time, while being hired does not. This adds an extra layer of risk for franchisees. On the other hand, franchisees also have an extra layer of control.
Does the Franchise You’re Considering Protect Its Brand?
You want a franchisor that will protect its brand. Look for evidence of firmness about a consistent experience in the franchise agreement documents and in the conversations you have with current franchisees.
Is There a Local Market for Your Franchise Idea?
Joanna was thinking about opening a business. She had enough severance pay from the job she had just left to cover the startup costs of a business.
Do You Want a Controversial Franchise?
You might not even know that the franchise you’re considering is controversial or has been controversial in the past. Here are some examples of franchise controversies:
Can You Bootstrap a Franchise Business?
The expression started out as “pulling yourself up by your bootstraps”—an impossible thing to do, so in the 19th century it meant a tall tale or an impossible claim.
Franchise Turnover Rates
A franchise’s turnover rate is the percentage of franchise locations that close in any given year. We found that about half the franchises in the data we checked had turnover rates of 10% or less.
Planning for Innovation with Your Franchisor
Franchises range from companies that are dedicated to keeping their products and services fresh to companies that take a “Don’t fix it if it ain’t broken” position.
Is It a Franchise or a Lease?
2014 was an exciting year for franchises from a legal point of view, filled with high-profile cases that hit the headlines.
Are You Aware of All the Costs of a Franchise?
Deciding which franchise business opportunities you should invest in requires a lot of research and serious thought. One of the most important areas of the research and decision making process is the financial arena.
Can You Build a Franchise Business without Employees?
Employees are high on most lists of business owners’ concerns, whether they own a franchise business or some other kind of company. Look at all the issues that come with employees: