COVID-19 will impact the way we as a nation do business moving forward, and the same goes for those who wish to get into franchising or own a franchise currently. Some franchise owners have managed to stay alive during the crisis, mostly by adapting their business model.
We all know that you have to spend money to make money. That's the way it works in business, but who doesn't want to make a lot of money by spending as little as possible? That's the overall goal. When you buy a franchise, there are costs involved that have to be m...Read More
Remember, your rights as a franchise owner are not always included in a franchise agreement beyond the basics. You have the right to read your franchise agreement and ask that it be revised to address any further rights you are not clear about.Read More
Starting with a recognized brand, extensive training, tested products, and an established method of operation are just some of the things you can expect when you decide to purchase a franchise. What else should you expect from a franchisor?
There are some requirements to buy a franchise that are consistent from one franchise to the next. Having the money to buy a franchise is one of the biggest requirements to buy a franchise.