TheStreet.com: Marketing can make or break you if you become a franchisee. Asking existing franchisees about their system’s marketing can provide you with a clear indication of how they feel about the stewardship of their marketing dollars. This research can pay dividends in making sure the franchise you buy into has its marketing act together. […]
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Hotel News Now: Not all relationships are built to last. When a partnership between a franchisor and franchisee turns sour, a termination could be in order. HotelNewsNow.com asked hoteliers from across the industry to offer their tips on how to handle what often can prove a sticky situation. Listed below are their five pieces of
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AllBusiness (blog): When it comes to running a successful franchise, sometimes the best way to grow big is to think small — as in local. Curves franchisee Kimberley Rudd and Assisting Hands franchisee Richard Ueberfluss both operate successful franchises, but they have built their businesses by proactively reaching out to their local Chicago communities. Rudd
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Globe and Mail: When Steve Leggett wanted to expand his first business 20 years ago, the Lumbly, B.C.-based entrepreneur figured he was best off becoming a franchisor. By franchising, he figured he would maintain full control over his company, which made underground lawn sprinklers, along with the way his product was sold, as well as
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Lawn & Landscape: When you decide to franchise your business and you get your first franchisee, it’s important that you go through the proper steps to ensure everyone is trained correctly. Be sure to set up training programs for your employees and your franchisee. If you don’t, you could end up with a problem on
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Lawn & Landscape: Franchising your business could be a fantastic way to take your business model from a standalone operation to a regional or even national level. But this is no overnight conversion – there is a lot of thought, planning and preparation that must go into the decision to franchise. Franchising expert Kay Ainsley,
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Entrepreneur.com: Question: I’m wondering: How can I research the validity of a specific franchise business? Does the size of the franchise system matter and how can I best find out if the company will be a good fit for me in my quest to be a franchise owner? Answer by Jeff Elgin: These are three
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Fox Business: After five years of consistent growth, Kathleen Kuhn knew one of her franchisees was in trouble when his numbers started going down. Kuhn, CEO of HouseMaster, a home inspection services operator and franchisor, reached out to the franchisee hoping to find out what sparked the decline. “We asked the franchisee, ‘how open are
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WA today: A franchise agreement is a legal contract that outlines the rights and obligations of you and your franchisee, and your relationship with them. Having your franchise agreement reviewed by a solicitor experienced in franchise issues is often an important first step. Allowing for a review can ensure that you’re complying with the Franchising
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Franchising.com: We live in a fast-paced world and, at one time or another, we have all found ourselves face to face with a vending machine, looking for a snack or beverage. The problem, up until now, has been that vending machine food was always synonymous with junk food or unhealthy options. But a new company
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