Insights
What Should Be Included in the Franchise Operations Manual?
Item 11 of the Franchise Disclosure Document is where franchisors are required to outline their obligations to help support franchisees before and after operations begin. Part of this assistance involves loaning the franchisee a copy of the...
Should You Make Financial Performance Representations to Potential Franchisees?
Before deciding whether to make financial performance representations, franchisors should consider these things.
How Do you Determine the Initial Investment for Item 7
Item 7 of the Franchise Disclosure Document (FDD) requires franchisors to set out in a prescribed tabular format a franchisee’s estimated initial investment – i.e., all the expenses required by the franchise agreement and all other costs necessary...
What Franchise Model Should You Use?
There are 4 main types of franchise models for business format franchising: Single Unit, Multi-Unit Development, Conversion, and Master Franchise. We discuss the benefits of each for a prospective franchisor.
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Are You Ready to Be a Franchisor?
Are you looking to franchise your business? Not sure where to start? In this exclusive guide for business owners and entrepreneurs, you will learn if you’re ready to grow your brand through franchising.