Posts Tagged ‘Franchisor’
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.
Read More 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.
Read More 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 The One Question You Must Ask a Franchisor
There are plenty of questions you should ask before you decide on a franchise business. But there’s one that would-be franchisees often fail to ask—and yet it can be one of the most informative.
Read More 5 Marketing Questions to Ask Before You Choose a Franchise
When you’re working to identify the ideal franchise business opportunity for your specific needs, your mind may be on costs and how you’ll prepare to become a franchisee. You may be thinking through the typical day of a franchisee in a particular industry, or…
Read More Who Has the Power in the Franchise Relationship?
So many relationships start off well. Each party in the relationship thinks about the other and tries to please. Minor differences are overlooked and the focus is on happy times and the great things about the relationship.
Read More Does the Franchisor’s Web Presence Help You or Hurt You?
When you’re choosing the best franchises for your review, you’ll do plenty of research, including online research about the franchise. When you look at the franchisor’s website, though, you may need to look at it from two different points of view.
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 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.
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