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5 Franchise Tips
If you are thinking about purchasing a franchise, keep the following 5 tips in mind.
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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... |
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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... |
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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... |
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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.
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Franchise Royalties
Use this template when creating a franchise royalties contract.
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What’s The Best Franchise For You?
The right franchise can pave the way to the entrepreneurial lifestyle, without some of the hassles. Read this guide to find out what's the best fit for you.
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Advice from Hotel Franchisee Jitu Ishwar
Why you must read the fine print of your franchise contract.
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