What is a franchise Royalty Fee? It is a most common question among aspiring franchise owners. To make it easier for an investor to understand this fee and how the franchisor calculates it, we will outline all facts regarding royalties in the franchising industry. Key Takeaways The Royalty Fee is the main source of income … Read more
If you’re looking up how to franchise a business, you’re at the right place. We have made this comprehensive guide to teach you how to prepare and properly franchise your business in the USA. Read on! Key Takeaways By offering a franchise opportunity to interested investors, it is possible to scale the business … Read more
It is not possible to buy a franchise with no money. However, there are many options to get capital from other directions than your savings. We will outline a few funding sources that aspiring business owners can use to buy a franchise. Key Takeaways Retirement fund money can be withdrawn and used as capital to … Read more
If you have been wondering how to become a franchise owner, you are at the right place. We will outline steps that every aspiring franchise owner must do before opening day. Key Takeaways To become a franchise owner, investors don’t need to own millions of dollars of startup capital. There are more than 4,000 … Read more
There are a lot of entrepreneurs who want to open a franchise, and because of that, we decided to make a list of facts that every aspiring franchisee must be aware of. Franchising as a business concept is entirely different than an independent business, and because of that, it has its own rules. Owning a … Read more
Franchising is a business model with a lower failure rate than an independent business. However, this is not a risk-free business model, and there is always the possibility that the company will fail. What are the risks of buying a franchise is a topic that will interest all entrepreneurs who are considering starting a new … Read more
Comparison between franchisor vs. franchisee is always an exciting topic. Franchising is more popular every day among entrepreneurs because it provides excellent opportunities for all parties involved in it. Just look at your surroundings, and you will notice that most facilities that offer various services operate on the franchise business model. By dealing with the … Read more
Franchising has a long history in the United States, but this history is even longer in Asia and Europe. It is interesting to look at the timeframe and see how this model has evolved throughout history. The first example of franchising as a concept of doing business was found in China year 200 BC, where … Read more
The franchise package is the main advantage of the franchise system because it contains a blueprint of the complete business concept offered by the franchisor. As a franchisee, you will benefit greatly from this assistance provided by the franchisor. Also, you need to understand how this business concept works and how to use its full … Read more
The list of advantages and disadvantages of franchising is a topic that will be of interest to all people who are considering options for involvement in this type of business. You are probably already familiar with what franchising is, so you know what will be expected of you. This type of business is one of … Read more