Franchising - Topics

Franchisor site approval does not move the lease obligation off your signature Hiring a franchise lawyer for a few thousand dollars gets the personal guarantee read Home based service franchises carry far less rent risk than storefront concepts What happens to a franchisee when the franchisor goes bankrupt? The unit profit figures a franchisor publishes rarely include the owner's own salary Most franchise disputes are arbitrated in the franchisor's home state Dual branded locations share rent and staff and still confuse the customer Franchise brokers are paid by the franchisor so their shortlist is never free advice Calling ten existing franchisees teaches more than the disclosure document does Multi unit agreements set an opening schedule that operators miss and lose territory over Turning an independent business into a franchise trades your name for their system A franchise disclosure document runs 200 pages and the earnings claim inside it is optional What does a franchise fee actually buy beyond the right to use a logo? Selling a franchise unit needs franchisor approval and a right of first refusal they rarely waive Renewal terms in a franchise agreement matter more than the opening terms The franchisee who owns forty locations and nobody knows the name Buying a franchise in a saturated market is the most common first mistake How long does a typical franchise take to break even on the initial investment? A proven franchise concept still fails where the local labor market is thin Royalty fees of six to eight percent compound faster than most franchisees expect Territory protection clauses are where franchise contracts quietly disappoint people Some franchisors sell units faster than they can support them Franchisees cannot swap suppliers or change prices without the franchisor's approval