You have heard that someone may buy a car and it is a lemon, the same can happen when you buy a business or when you buy a franchise.  If you bought a new franchise, do you have any rights?  If you have a problem, you need to consult a lawyer to determine if there is any recourse under the laws applicable to your area were broken.  I have seen from experience where a franchisor provided specific projections for a particular location and that document came back to haunt the franchisor. (more…)

Some franchises are very profitable but many franchises do not make a huge profit.  As a result, many franchisees bought themselves a job which pays a salary and there is a small (more…)

If you have a business idea and implement into a successful business, now you want to expand your business?   Do you raise capital to expand your business or do you franchise your concept? (more…)

You have decided that you want to buy a franchise, but new or an existing franchise.  Some franchises do not have any more territories in a certain cities therefore the only way to buy (more…)

I have been receiving many phone calls that people want a specific franchise but they are not available for sale.  They have assumed that this is the only franchise which will make (more…)

I received a call the other day from a real estate agent who normally sells houses but had a buyer looking for an existing franchise.  The real estate agent could not believe that it (more…)

Whenever I speak to a group about franchising or tell someone I’ve just met what I do, the inevitable question is always “What’s the best franchise right now?” (more…)

The best way to answer this question is to follow a real life example of someone considering franchise ownership. (more…)

Ever thought about starting a franchise?  Was your first thought Subway, Dunkin Donuts or other fast food concept?  You aren’t alone. When most people start to think about owning a franchise, the default industry seems (more…)