Archive for the ‘Franchisor’ Category
Banks Often Favour Lending To Franchise Hopefuls
Toronto Sun: Raising enough capital to start your own business can be an up-hill climb, especially given today’s cautious lending environment. Opening a franchise might be the easiest way to do it as banks swing available credit in favour of proposals backed by a proven track record instead of gambling... More
India Franchise Rankings 2010: Methodology
Dhawal Shah via Mr. Dhawal Shah – Co-Founder, FranchiseExpo.in and Way2Franchise.com: At the moment, in India, there are a couple of organisations that conduct awards, but not to the level of accuracy or authenticity that we would like, so we decided since, we are connected with over 3000 franchisees... More
FRM Solutions Gives Franchisors A Comprehensive, Flexible, Affordable, And Convenient Alternative To Franchise Management
PR Web: FRM Solutions, a leading provider of relationship management solutions for franchisors, announced today a new software application to meet franchisors’ business needs for franchise sales, marketing and advertising, real estate and store development, franchisee administration, and compliance... More
If A Franchisor Declares Bankruptcy, What Happens To The Franchisees?
Entrepreneur.com: Question asked by Sally Waller: I’m considering purchasing several franchisee food restaurants but am worried that the franchisor might go into bankruptcy. Answer by Jeff Elgin: This is a great question but the answer is not necessarily direct or clear. There are at least two... More
Fitness Franchiser Gets Real Workout
Boston Herald: When Robert Shapiro and his partners decided to franchise their fitness concept two years ago, they took the conventional route and advertised in all the right places. It worked great, for a while. Then the recession hit and the credit crunch came. Dozens of people are still interested... More
Why Franchisors And Franchisees Disagree About Franchise Support
Smart Company: One of the reasons for the failure of start up franchisors cited in a study by UK academic John Stanworth was that new franchisors often underestimated the amount and cost of support required by franchisees. Similarly, one of the greatest sources of franchisee complaints reported to the... More
There Is Accounting For Franchisees!
FranchiseUpdate: One of the most helpful services franchisors can provide to their franchisees is accounting direction and services. I am often astonished at how little guidance so many franchisors provide in this area. How will franchisees know if they are truly making money and operating effectively... More
Business Migration Tips For Franchisors
SmartCompany.com.au: 1. Have a procedure in place for handling domestic franchise enquiries from outside Australia. Now that most franchisors have information about their franchises online, they can expect to receive franchise enquiries from anywhere in the world. Be responsive and professional in dealing... More
U.S. Franchisors Eye Canada For Growth; First Stage Of International Expansion Strategies
Kelowna.com: U.S. franchise corporations have always eyed Canada for expansion — its geographic proximity and similar language and culture make it a natural fit — but going north of the border wasn’t always a top priority. “You know it’s on their list somewhere after Wyoming, Alaska…... More
Finding The Right Franchisee Takes A Proactive And Patient Approach
Allmediascotland: People talk about finding and recruiting the right people for their business, but in reality most sit back and wait for them to turn up on their doorstep. Businesses may advertise for staff, but that’s often the only proactive move they make and given these lacklustre efforts it... More
Tax-Favored Financing For Store Remodeling
QSR magazine: Have you eaten at a quick serve recently and found the store looking tired and obviously in need of updating? Was the dining experience less than expected because the store was run down? The next time you were out for a meal, did you drive past that franchised store in favor of another... More
Beware Costly Surprises In Your Contract
Financial Post: An increase in first-time franchisees, many of which are laid-off workers who’ve received a golden handshake in the past year, is causing some experts to warn potential franchisees about exactly what they are getting into. Franchises aren’t buying anything. They’re... More



