Franchising is a business model where the franchisor allows the franchisee to use its established brand, business model, and support systems in exchange for fees and royalties. This business arrangement works like a partnership, only that the franchisee operates under the franchisor’s brand. Choosing or identifying the right franchise opportunity can be challenging without the… Continue reading What Investors Look for in a Franchise Opportunity
Category: Franchising 101
What To Consider For Due Diligence
Getting into a franchise business is not a matter of bread and butter. The way you enter into the business determines whether you will be successful or not. If you are a franchisee considering a franchise opportunity, it’s vital to conduct due diligence. The main concern in your due diligence is to learn your prospective franchisor… Continue reading What To Consider For Due Diligence
Use Of Expert Witnesses In Franchise Agreement
While the franchise agreement is there to bond the relationship between the franchisor and the franchisee, this sometimes creates disagreements. Franchise agreements are complex. They require experts who know how to deal with such disagreements. However, the dire need to have expert handle disagreements is a contentious issue to many. The decision to have a court… Continue reading Use Of Expert Witnesses In Franchise Agreement
Arbitration In International Franchise Agreements
The use of arbitration on international franchise continues to be on the rise. Even before any arbitration demand is filed, both the franchisor and the franchisee have to make multiple tactical decisions. These relate to what is included in an arbitration clause, which may help to agree, appeal or avoid an arbitration clause. It may… Continue reading Arbitration In International Franchise Agreements
10 Franchising Tips for Managing Your Franchise Business
Do you want to be your own boss? Do you like to manage a business instead of working for one? Do you like to create and manage your own ideas? Do you want to carry forward an established name, instead of establishing from scratch? Well, in all of these scenarios as well as some other… Continue reading 10 Franchising Tips for Managing Your Franchise Business
15 Franchise Business Opportunities you should try
Financial independence, security, and being your own boss—so many Filipinos dream of owning a franchise business and reaping the benefits mentioned. Yet, many also fail to realize this dream for different reasons—lack of experience, risks, and limited capital. A possible answer to these concerns and more could be franchising. Franchising allows you to leverage from… Continue reading 15 Franchise Business Opportunities you should try
How to Franchise a Business
Are you thinking of starting your own business but don’t know where and how to start? One easy way to acquire a business is through franchising. But what is franchising? Franchising is a business method of expansion that grants an individual or group of individuals to market a product or a service and to use… Continue reading How to Franchise a Business
Kiosk – The Best Place To Start a Franchise Business
Today the concept of franchising is helping many prospective investors and entrepreneurs to quit the corporate life and start their own business with confidence. Even with a very low investment one can think of starting a franchise business of their interest. People have become more conscious about investing their money due to the frequent changes… Continue reading Kiosk – The Best Place To Start a Franchise Business
11 Ways to Improve Your Retail Franchise
1. Get a theme/brand/niche. One of THE most important things in marketing is that you have to occupy a place in the heart of your customers. There are many words spent on talking about what this means, but for the time being I will keep it brief. This means that you need to ANCHOR your… Continue reading 11 Ways to Improve Your Retail Franchise
Hottest Business Trend for Entrepreneurs
Franchising has become the one of the hottest business trends for entrepreneurs, budding and seasoned alike. Popular for its “turn-key” feature, franchising has become synonymous with the relatively painless setting up of businesses and “guaranteed” success. What could be better than to capitalize on ventures that have proven themselves successful, right? True, but business-hopefuls should… Continue reading Hottest Business Trend for Entrepreneurs
Ten Things to Know Before Going Into Franchising
So you want to engage in a franchise business. Venturing into entrepreneurship is not as easy as it sounds. But if you think you are ready to experience being your own boss, have a look at the following things to consider before going into franchise business. Know your passion. Philippine Franchise Association (PFA) president Richard… Continue reading Ten Things to Know Before Going Into Franchising
Joe’s Crab Shack Franchise for Sale: Your Consideration When Buying into This
Franchising can be a good start for any person who wants to start a business. However, it can be a little bit daunting to venture into the franchising industry, especially as a newbie in business. Even if franchising is well known in the market, it’s still vital for buyers like you to do careful research… Continue reading Joe’s Crab Shack Franchise for Sale: Your Consideration When Buying into This