Savvy entrepreneurs know to review the Franchise Disclosure Document (FDD) before investing in a franchise. This document generally includes 23 numbered items, which include the franchisor’s background, any previous bankruptcies, and any restrictions about territory...
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Did the parent brand fail to fully advertise for your franchise?
Starting a franchise can be easier than starting a business from scratch. You get to draw on an established customer base and a well-developed brand. You don't have to perfect processes or advertising on your own because the parent company will handle that for you....
3 common questions you may have as a franchisee
Few franchisees may realize it, but a franchise relationship is a business model with significant power imbalances between parties involved. That's why it's so important that you have a firm grasp of your rights and responsibilities to the franchisor as a franchisee....
