Select Your Franchise: 1. Take a critical look at your strengths and weaknesses – are you sure you have the capacity, temperament and skills to run your own business? Marketing and selling skills are becoming more important in running a franchise. 2. Make sure you have the full support of your family – the additional […]
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StartupSmart: Locating a start-up business in the multinational hub that is Sydney, the creative stronghold of Melbourne or the spiralling population of Queensland may appear to provide the best opportunity for growth. And, in many cases, you’d be right. However, in terms of business survival, the major economic hubs lag significantly behind. To find the
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SmartCompany.com.au: Advocates of state-based franchise regulation argue that current and potential franchisees must be protected from the rogue franchisors whose predatory behaviour is so bad that further legislation in addition to the Franchising Code of Conduct is required. While acknowledging that good franchisors exist, the advocates of state-based legislation for franchising in both South Australia
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Financial Post: Once you have made the decision to either franchise your business, or acquire the rights to develop a franchised business, there are several franchising options available to you, the availability and advisability of which will depend on the nature of your franchise system, the territory within which you can conduct business and your
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BusinessNewsDaily: For many business owners, converting an existing business into a franchise operation is the way to have the best of both worlds — the autonomy of running your own operation and the support and marketing clout that comes from being part of a national organization. Thousands looking for franchise opportunities will flock to the
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QSR magazine: Whether it’s started by the internationally renowned franchisor or the ma-and-pa franchisee, litigation stands an unwelcome event in a relationship desperately needing trust, respect, and the singular, shared aim of bottom-line success. Over the last decade, however, a litany of franchisor-franchisee disputes have made their way into the courtroom, proving to be a
West Virginia Record: A Parkersburg police officer is suing a McDonald’s restaurant for effectively turning his drive-thru order into a crime scene. Matthew W. Board filed suit against TMT Enterprises Inc., a McDonald’s franchisee, in Wood Circuit Court on Oct. 14. In his complaint, Board alleges a TMT employee served him food with an open
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Select Your Franchise: If you’re thinking of starting up in business, you enjoy driving and meeting people then a distribution franchise opportunity could be a great option. A distribution franchise business typically involves delivery, or distribution, of product orders direct to customers homes or to business premises. A distribution franchise usually requires a vehicle in
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International Law Office: As of October 12 2010, Bill 102, the Arthur Wishart Amendment Act (Franchise Disclosure) 2010, has passed the second of three readings before the Legislative Assembly of Ontario, Canada’s largest province. This proposed amendment could change the existing franchise legislation by greatly increasing the quantity and scope of information that a franchisor
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WA today: Mums and Dads looking to get into business are being asked to sign “gag” contracts that amount to standover tactics, it has been claimed in federal parliament. Liberal MP Joanna Gash claimed on Tuesday night that the “deed of surrender and release” prevented prospective franchisees from suing franchisors for damages, or commenting in
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