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5 Franchise Tips If you are thinking about purchasing a franchise, keep the following 5 tips in mind. View
What is an FDD? A franchisor will send you the company’s Franchise Disclosure Document (FDD) once you have filled out an application and indicated serious interest in the franchise. The FDD very clearly defines what the franchisor will do for you and what s/he expects of you. There are 23 important parts... View
Should I Buy a Franchise? When most of us think about franchises, we are referring to the business-based franchise like the top 500 franchises published in Entrepreneur magazine each year. Entrepreneur’s 75 different categories range from automotive to services, but they all have one thing in common—a... View
Selecting the Right Franchise In Part 1, you checked out your franchise options and decided to purchase a franchise. You have decided which one of the 75 franchising industries is right for you and have narrowed it down to maybe three or four different companies. The big decision now is to select the one franchise... View
Growing the Franchise You, the franchisee, have supported this system with your royalties and initial purchase price and it now will be one of your biggest assets as you decide to grow your business. View
The Costs of Starting a Franchise Not all franchisers are created equal. Some are scrupulous, and others are not. Some give lots of training and support and are easy to work with, and others don’t. Some do not have problems with their network of franchisees and others have far too many.Before you get too excited and start... View
Roadmap to Franchising Success SCORE and FranNet share the common goal to bring useful resources to entrepreneurs. This booklet is intended to be a concise primer on how to navigate your way to franchise success. The following pages feature practical information and exercises that will enable you to consider whether a... View
Exploring Franchising Options: Do Your Homework Advice on what to look for when selecting the right franchise for you. View
Franchise Royalties Use this template when creating a franchise royalties contract. View
Franchise Success Tips SCORE ExpertAnswers Jania Bailey, CEO of FranNet shares exclusive tips for franchise success. View