Posts Tagged ‘Franchisee’
Understanding Franchise Royalty Fees
A franchise business opportunity will always involve upfront costs. Some will go to the franchisor and some will simply be the costs of opening a business—rent, wages, inventory, supplies, utilities, and so forth.
Read More 3 Keys to Franchise Success
Some franchises are ideal for part-time work while caring for family or keeping a day job. Others need a full-time commitment, even before you open the doors. Franchises vary in the amount of work and effort they require, but starting a business is always challenging and time-consuming.
Read More Researching Franchise Opportunities
A recent survey of franchisees found that many of them were surprised by their experiences. On reflection, they said, they realized that they should have asked more questions.
Read More What Does Seattle’s Minimum Wage Mean to Franchising?
FranNet stands in support of all small business owners, and does not want to see franchisees unfairly singled out as “major corporations” – which they are not. We hope you’ll stand in support as well.
Read More Franchisee Troubles
No one goes into a business deal expecting troubles, but troubles can come up. Make sure you fully understand the situation before you sign the contract.
Read More Consider a Resale Franchise
You’re considering going into business for yourself. Perhaps you’re looking into a franchise, but you’re not sure you’re ready to start a brand new franchise outlet.
Read More How Does That Franchise Handle Upgrades?
Some franchisees find themselves in this happy position—and then the franchise “upgrades.” In other words, they make changes across the brand, and franchisees have to go along with those changes.
Read More What Do Franchise Turnover Rates Mean?
Item #20 of the Franchise Disclosure Document gives the FTR percentage, or Franchise Turnover Rate. This item can really bring up the problem some statisticians call the Memorial Day issue: looking at a number out of context doesn’t tell you much.
Read More Choosing a Franchise: Quality Control
McDonald’s is the quintessential franchise example for many reasons, but one of the most important has to be the concept of standardization. Travelers could be sure of what they were getting at McDonald’s, so the sight of the Golden Arches during a long road trip could be a relief.
Read More Online Marketing for Franchise Businesses
Franchisors approach online marketing in many different ways. How can a franchisee get the most from online marketing? Make sure, when you choose your franchise business opportunity, that you have a plan for online marketing—and that the franchise you choose works with that plan.
Read More