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Franchise Pick

Archive for the ‘x Franchise 101’ Category

August 21st, 2008

COFFEE BEANERY: Exec’s Trafficing Conviction Leads to Franchisee Legal Win Part 1

(FranchisePick.com) Coffee Beanery Executive Vice President Kevin Shaw had a secret so deep and dark that his company would stop at nothing to keep it hidden… even if it meant breaking the law.
The son of Coffee Beanery founder and former head of the International Franchise Association Joanne Shaw had been convicted of felony trafficing.
No, […]

By Sean Kelly -- 29 comments

August 11th, 2008

Harold Kestenbaum Writes the Book on Franchising Your Business

(FranchisePick.Com)  Congratulations to attorney Harold Kestenbaum on the publication of his first book, So You Want to Franchise Your Business.
Harold’s one of the best known and most experienced franchise lawyers in the nation, and his new book is a must-read for budding franchisors. 
The press release tells it all:
TOP FRANCHISE ATTORNEY OFFERS YEARS OF EXPERTISE […]

By Sean Kelly -- 1 comment

July 11th, 2008

Guest Post: Hello FDD! Goodbye UFOC…

Guest Post by Joel Libava, My co-franchise blogger at Allbusiness.com
Hello FDD! Goodbye UFOC… Franchise Legal Documents
July 1st marked the day that the UFOC {Uniform Franchise Offering Circular} was officially retired. It was the legal document that the Federal Trade Commission {FTC} required franchise companies that were registered in the US to put together for […]

By Sean Kelly -- 2 comments

June 20th, 2008

When & Why Do Franchisors Offer Franchisees Buy-out Agreements?

(FranchisePick.Com) If a franchisee fails in the second year of their 10 year franchise agreement, odds are the franchisor can hold them responsible for the estimated future royalties on the remaining 8 years of the contract.
While rarely collected, the threat of “future royalties” can be a big stick used to demand a reduced […]

By Sean Kelly -- 3 comments

April 27th, 2008

How to Read a Franchise Ad Part 1 (Butterfly Life)

(FranchisePick.Com) In Butterfly Life Franchise Offer: 10 Franchises for $65K. I posted an email solicitation from a women’s fitness franchise called Butterfly Life. Butterfly Life is the same as Curves for Women, except with 9900 fewer locations and a name befitting an entomology superstore. You can tell it’s the same as Curves […]

By Sean Kelly -- 6 comments

April 26th, 2008

Butterfly Life Franchise Offer: 10 Franchises for $65K.

(FranchisePick.Com)  A FranchisePick.Com reader who is investigating franchise opportunities sent me an email they received from Butterfly Life woman’s fitness franchise. 
The email come-on offers the Area Developer rights to 10 franchises for a fee of $65,000.
The email listed the strict criteria it takes to succeed as a Butterfly Life Area Developer:  Detailed.  […]

By Sean Kelly -- 4 comments

March 15th, 2008

IFA: Franchising Sector Showing Strong Growth, New Jobs

(FranchisePick.Com)
The latest from the International Franchise Association:
18%:  Growth of the franchising sector of the economy 2001 to 2005
140,0000:  New businesses franchising added 2001 to 2005
1.2M:  New jobs franchising added 2001 to 2005
40%:  Increase in direct economic output of franchises in 2005
$880 billion:  Direct economic output of franchises in 2005
900,000:  Number of franchised businesses […]

By Sean Kelly -- 3 comments

February 13th, 2008

The Keys to the Franchise Kingdom Can Now Be Yours

(FranchisePick.Com) When it comes to making the critical decision whether a franchise investment is a wise decision for you and - if so - which franchise offering is best, go right to the top franchise experts to guide and inform you.  Settle for no less than advice from the Franchise King… Joel Libava.
The Franchise King? you’re thinking. That […]

By Sean Kelly -- 2 comments

February 8th, 2008

Guest Post: Are you Franchise Material?

(FranchisePick.Com)  This is a guest post from Wendell Morris of MatchPoint.  Matchpoint is a franchise brokerage, providing free assistance to franchise buyers.  Like real estate brokers, franchise brokers’ fees are paid by franchise companies. Franchise companies cannot, by law, surcharge you when you use a consultant nor can they offer you a discount when […]

By Sean Kelly -- 3 comments

January 18th, 2008

Don’t Get Burned by the Hot New Franchise Syndrome

(FranchisePick.Com)  Club Industry’s Fitness Business Pro is a leading trade publication and website read by fitness industry professionals, including club owners, equipment manufacturers and industry vendors.  I read their website regularly and, it seems, they read FranchisePick.com.  As Managing Editor Stuart Goldman’s story on ShapeXpress in their November issue sparked unprecedented reaction and interest, […]

By Sean Kelly -- 4 comments