The franchise business model has been called one of the greatest ever developed. With a proven track record and established brand, franchises are consistently popular. About 5% of small business owners choose to purchase a franchise versus starting from scratch.
This Franchise Guide helps you through the process of evaluating and purchasing a franchise.
Franchise 101: The Basics
The first franchises can be traced back to the middle ages. Explore the fascinating history.
Ten compelling benefits and reasons to become a franchise business owner.
The franchisor starts the business. The franchisee purchases the right to use the franchise system.
The fee is owed to the franchisor for use of the brand and system.
This document helps you understand the legal and financial commitments you’ll be making.
Is a Franchise Right for You?
You have to make a lot of the right moves when buying a franchise.
Good franchise owners are those who rise to the challenge of being a business owner.
Types of Franchises
There are over 3,000 franchises in the US in 5 categories.
The major differences include upfront costs, support, and the rules.
In most systems, a master franchisee doesn’t own or operate outlets.
In multi-unit franchising, you have to spend money to make money.
Negotiating with the Franchisor
The six inexpensive franchise research steps to make the best choice for you.
Well thought-out questions can have a big impact on your decision.
Bankruptcy isn’t common, but it does happen. Protect your interests.
Franchise Resources and Templates
Most franchisors require a certain net worth. Check yours with this calculator.
Ready to Choose a Franchise?