When it came to marketing toward minorities and minority owners, McDonald’s was one franchisor that took the lead, particularly among the Black community. Black entrepreneurs welcomed the attention and the opportunities presented by McDonalds. They bought into the...
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Franchise exit fees: What to know
Every business venture has an element of risk involved – even a franchise agreement with a well-known brand. Opening a franchise may have seemed like a real shortcut to success but everything from the wrong business location to changes in the economic situation of the...
Key issues to address in a business partnership agreement
Conflicts among partners are almost inevitable due to the ups and downs of doing business. How your business deals with such disagreements may define its success or failure. Therefore, having a well-drafted partnership agreement is necessary for helping resolve any...
