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Franchise Matters Blog
How Do You Start the Franchising Process?
Once you have decided to expand your business through franchising, one of the next steps is to create the Franchise Disclosure Document (FDD). The FDD contains information about the franchisor and the franchise system. The Federal Trade Commission and state regulators require franchisors to provide this information to potential franchisees to help them make an […]
Are You Ready to Be a Franchisor?
Once you have decided that you have a “franchise-able” concept, next you must determine whether franchising is the right step for you. Becoming a franchisor requires a substantial investment of time and money, but the rewards can be well worth it. Before you move forward, consider these factors to help you decide if you are […]
Should You Franchise Your Business?
You have a successful business and are wondering if franchising makes sense. While there are many well-known and profitable companies, few become franchises. For every McDonald’s, Hertz, Choice Hotel, there are probably millions of businesses that could not and should not franchise. What makes a successful “franchise-able” business concept? The following factors are essential in […]