Select Your Franchise (blog): Liquidation marks the “corporate death†of a company. After paying the costs and expenses of the liquidation, the liquidator will distribute the net proceeds realised from the company’s assets to creditors subject to a statutory order of priority. A franchisee would not usually be owed monies by a franchisor, although where […]
Houston Chronicle: Question: I’m thinking about buying a franchise, but I’ve never owned my own business. Does that mean I wouldn’t make a good franchise owner? Answer: Not necessarily. Although franchise owners are ultimately responsible for the success or failure of their individual franchises, they don’t have the same operational authority an independent small-business owner
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Entrepreneur.com: Thirteen years ago, Mary Jane Allen and her husband, Earnest, decided to sell their trio of nursing care facilities and–though already almost 60 years old–to do something different. But they weren’t sure what. Then a copy of Entrepreneur landed on Allen’s kitchen table, courtesy of her son. That issue mentioned a franchise called Candy
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BusinessBlogs (blog): Like most business models, there are stories of great franchise successes (McDonalds in fast food, General Motors in car sales) and great stories of spectacular failures (unfortunately, because they failed, we never got to hear of them!). Many entrepreneurs have gone down the franchising road, they’ve made the mistakes and learned the hard
Fast Casual: Franchisee lawsuits are among the best known restaurant industry battles, disagreements that in the case several, spurred protracted legal face-offs and staggering unit closures. But such outcomes needn’t occur. When franchisees and franchisors communicate clearly, consistently and work toward goals that benefit both, disagreements are manageable and sometimes meaningful. “When conflicts arise, people
Balancing Act: How To Create A Harmonious Franchise System Read More »
Fast Casual: Franchisee lawsuits are among the best known restaurant industry battles, disagreements that in the case several, spurred protracted legal face-offs and staggering unit closures. But such outcomes needn’t occur. When franchisees and franchisors communicate clearly, consistently and work toward goals that benefit both, disagreements are manageable and sometimes meaningful. “When conflicts arise, people
Balancing Act: How To Create A Harmonious Franchise System Read More »
