Feed: EveryFranchise.com - Franchise Opportunity - AggScore: 48.5

Franchise consultant Mark Clifton gives you a bief explanation of how a franchise model must be followed as part of the franchise agreement with the franchise holder (franchisor)

The franchise fee is the amount of money paid to the franchise holder, or franchisor. The fee buys the the brand name, the know-how, the support and the administrative support.

It is far easier to obtain money for a well researched and thoroughly planned start-up than it is for a struggling franchise that hasn't met projected expectations.

met with Stuart Michael from Expense Reduction Analysts today and received a brief explanation of the business model. It seems to me an excellent choice for those considering a “second career”. Expense Reduction Analysts seeks to identify areas where significant cost reductions can be achieved in just about any business there is. One of the [...]

As they examined an array of franchising opportunities, however, they discovered one that promised solutions for both their entrepreneurial ambitions and their daughters' learning challenges.

Franchising is such a good way to get into business. This first article in a series of four, talks about how to get the financials right.

If it is a service franchise, also consider becoming a customer. Get your dryer vent checked, your lawns mowed or your suit dry cleaned. Spend some time chatting to the contact person.

Most franchisors will be happy to send you an email asking if they can call you or when you would like to meet up. Some will immediately send you an Information Pack which will help you evaluate their franchise.

Just a few days after loosing a court case in which McDonald's claim the owners of a restaurant in Kuala Lumpur called "McCurry" were infringing on their trademark (see previous post) McDonald's became the target of a similar claim from a company called the Lion's Tap.

Their franchise business system is as tightly composed as a Bach fugue, their franchisees enjoy considerable success, their employees can be as upwardly mobile within the corporation as their ambitions and abilities allow, many communities benefit from their Ronald McDonald Houses, which allow families to be together with their sick children being treated at a nearby hospitals.