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Franchising
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No Significant Financing For Your Business Without Business Credit Scores
Many business owners seeking financing for their business, don't realize that without business credit scores, their business will never obtain significant financing. Business credit scores function exactly like personal credit scores, and so you have to build your business credit scores up properly before you can seek large amounts of capital for your business from any lending institution.
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The Unplanned Business Exit
For some, planning a business exit can be a predictable, methodical process. We know the competition; we understand market demands, know when we want to sell and might even know the actual date. But for far too many business owners, the business exit comes as a harsh reality and often unplanned event.
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Promo Fundraising
Among the most popular are Internet service providers, long distance service, cellular phone service, credit cards, flowers, magazines, and other highly competitive markets. Instead of spending money on advertising to attract customers, the businesses pay groups for each new customer referred to them.
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Easy Fund Raising For Today
There are hundreds of great ways to make money with fund raising, yet many people struggle to find one good idea. There are many easy fund raising ideas, but some are...
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Franchising is Virtually Fraud Free
The number of complaints to the Federal Trade Commission on Franchising do not indicate ramped fraud in the franchising sector. The FTC before Congress gave a report showing that the number of complaints was fewer than one tenth of one percent, lower than any other industry.
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What is Private Franchising? It is Nothing Someone Made It Up
The Federal Trade Commission has an obligation to the general public, their stated consumer education mission and to the over regulated franchising industry and the small business operators running Biz Ops to separate the two business models by way of legal definition. The Federal Trade Commission saga.
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Entrepreneurship Story; Over Regulation in Franchising Part I
Part I of II; Jim and Sally run a successful auto business, which they have built up over two decades and have expanded to three stores and many of their friends keep saying, “You should Franchise.” They think about this for about five years read a few books, like “Franchising for Dummies,” The “E-Myth”, “The Franchising Bible” and many others on the shelves of the new big book store in town with the coffee shop inside.
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Corporate Espionage in Franchising
Franchising Trade Journals do not do well, because today with all the industry regulations only about 1800 active franchise actually exist in the US. Down sharply over the past five years. Why? Over-regulation.
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Think of Franchising Your Company?
If you are thinking about franchising your company you might wish to know the statistics on franchisor success, it is not pretty and you need to know the risks.
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Benefits of Franchising
As with any other business, franchising has a number of advantages and disadvantages. Keeping these in view, an investor can decide whether they want to open an independent business or a franchise.
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Franchising Directories
Franchises have more opportunities to acquire multiple units with greater potential compared to individual companies with branches. Names of the franchises that are willing to expand in various industries can be available in a franchising directory. This directory provides an exhaustive list of industries wherein the prospect of franchising is available or willing to start. There is practically no industry where the company would not like to grow in various parts of the country, so all such industries would be listed in a franchising directory.
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Franchising with Regional Team Managers and Partners
Many franchise consultants shy away from such advice as securing master franchises as a plan for expansion with a new franchising company. This is because the legal issues and the litigation are tough to deal with and for that kind of liability there just is not enough money in it.
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Change of Residence Issues in Franchising Agreements
In this day and age when people change jobs every 3.2 years and change their life-time plan at least every six months or change spouses and get divorces more than anytime in modern history franchising companies must be careful to continually upgrade its data bases of its owners, outlets and their residences.
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