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How to franchise your business

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A successful franchise development program begins with a solid plan - a foundation for franchising. The long-term goal is to establish balanced, integrated, successful business relationships with qualified individuals who ...

Franchisability | Enrique Lara | Monday, 26 October 2009 | Hits: 397 | Comments

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Steps to buy a franchise

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Before Selecting a Franchise SystemBefore investing in a particular franchise system, carefully consider how much money you have to invest, your abilities, and your goals. The following checklist may help ...

Attend our seminars | Enrique Lara | Monday, 26 October 2009 | Hits: 314 | Comments

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Managing your franchise

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If you have availed of a franchise business, then you most probably know that a franchise business is like any other independent business in the sense that you need to ...

How franchising | Enrique Lara | Monday, 26 October 2009 | Hits: 329 | Comments

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Franchising Advantages

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Franchising provides benefits for both seller and buyer. For franchisors, the primary benefit is the ability to use other people's money to expand the brand more rapidly than they could ...

How franchising | Enrique Lara | Monday, 26 October 2009 | Hits: 38 | Comments

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Franchise Sale

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Sooner or later, every franchise owner will have to go through the process of selling the franchise. But many owners go into the selling process completely uninformed about what to ...

How franchising | Enrique Lara | Monday, 26 October 2009 | Hits: 331 | Comments

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Franchise advantages

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So you think you want to buy a franchise but you’re not so sure it would be the right choice. After all, why should you spend a premium on a ...

Attend our seminars | Enrique Lara | Monday, 26 October 2009 | Hits: 359 | Comments

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Feasibility analysis

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Use this form to help you determine the feasibility of your business as a franchisable concept. Answer each question along the left-hand side of the form assigning a rating of ...

Franchisability | Enrique Lara | Monday, 26 October 2009 | Hits: 349 | Comments

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Factors of franchisability

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Taking into account the various factors that contribute to the success of a franchise program, we have identified eight keys to franchisability, against which you can measure your business: 1. ...

Franchisability | Enrique Lara | Monday, 26 October 2009 | Hits: 397 | Comments

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Opportunities and Selection Standards
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franchise-brokersFranchise brokers—who also refer to themselves as “business coaches,”“advisors,”“referral sources,” or “sales consultants”—help people who want to buy a franchise. They often advertise on the Internet and in business magazines. They will help you select among various franchise options.Typically, a broker reviews the amount of money you have to invest as well as your background and business experiences, then directs you to opportunities that match your interests and resources. A broker also may help you complete applications and the paperwork to consummate the sale. Remember that franchise brokers often work for franchisors, and get paid only if a sale is completed.