b5media.com

Advertise with us

Enjoying this blog? Check out the rest of the Business Channel Subscribe to this Feed

Franchise Pick

Archive for the ‘x Insider Tips’ Category

February 15th, 2007

#7 of 10 Reasons NOT to Buy a Franchise: Inflated Pricing

Nolo.com features an article titled:  Ten Good Reasons Not to Buy a Franchise. 
According to the author, there are ten compelling reasons NOT to buy a franchise.   We’re looking at them one-by-one.
7.  Inflated pricing on supplies. In many cases, the franchisor can designate your franchise’s supplier of goods and services. Franchisors argue that this is […]

By sean -- 2 comments

February 14th, 2007

#6 of 10 Reasons NOT to Buy a Franchise: Royalty Payments

Nolo.com features an article titled:  Ten Good Reasons Not to Buy a Franchise. 
According to the author, there are ten compelling reasons NOT to buy a franchise.   We’re looking at them one-by-one.
6.  Royalty payments. Franchisees are generally required to make continuing royalty payments to the franchisor each month based on a percentage of his or […]

By sean -- 1 comment

February 14th, 2007

#5 of 10 Reasons NOT to Buy a Franchise: Limited Independence

Nolo.com features an article titled:  Ten Good Reasons Not to Buy a Franchise. 
According to the author, there are ten compelling reasons NOT to buy a franchise.   We’re looking at them one-by-one.
5.  Limited independence. When you buy a franchise, you are not just buying the right to use the franchisor’s name, but you are buying […]

By sean -- 0 comments

February 12th, 2007

#3 of 10 Reasons NOT to Buy a Franchise: Encroachment

Nolo.com features an article titled: Ten Good Reasons Not to Buy a Franchise.
According to the author, there are ten compelling reasons NOT to buy a franchise. We’re looking at them one-by-one.
3. Encroachment. Imagine the following scenario: You have just spent thousands of dollars opening your own GasMart station, when another GasMart […]

By sean -- 0 comments

February 11th, 2007

#1 of 10 Reasons NOT to Buy a Franchise: Questionable Profitability

Nolo.com features an article titled: Ten Good Reasons Not to Buy a Franchise.
According to the author, there are ten compelling reasons NOT to buy a franchise. We’re looking at them one-by-one.They are:
1. Questionable profitability. Most franchisors do not provide much information to potential franchisees regarding earnings possibilities, making it difficult to […]

By sean -- 0 comments

January 20th, 2007

How Much Can I Make?

“How Much Can I Make?”” by Robert Bond (IdeaFarm Books)
The single most important task for a prospective investor is to prepare a realistic cash flow statement that accurately reflects the economic potential of that business. “How Much Can I Make?” is an invaluable “insider’s guide” that details historical sales, expense and/or profit data on […]

By sean -- 0 comments

January 19th, 2007

AAFD Franchise Tip #8: Franchisee Bill of Rights

The American Association of Franchisees & Dealers (AAFD) is a non-profit organization that  acts to educate the public regarding fair franchise practices, quality franchise opportunities, and to expose the unethical practices.  The AAFD recommends that individuals considering franchise opportunities should look for 8 elements to consider in a franchise.  They believe all 8 are critical in selecting […]

By sean -- 0 comments

January 19th, 2007

AAFD Franchise Tip #7: Evaluate Return on Investment

The American Association of Franchisees & Dealers (AAFD) is a non-profit organization that  acts to educate the public regarding fair franchise practices, quality franchise opportunities, and to expose the unethical practices.  The AAFD recommends that individuals considering franchise opportunities should look for 8 elements to consider in a franchise.  They believe all 8 are critical in selecting […]

By sean -- 0 comments

January 18th, 2007

AAFD Franchise Tip #6: Look for Strong Rapport

The American Association of Franchisees & Dealers (AAFD) is a non-profit organization that acts to educate the public regarding fair franchise practices, quality franchise opportunities, and to expose the unethical practices. The AAFD recommends that individuals considering franchise opportunities should look for 8 elements to consider in a franchise. They believe all […]

By sean -- 0 comments

January 17th, 2007

Franchise Selection 101: Know Thyself

[10 Criteria for choosing a franchise, Part 1 of 10]
by Sean Kelly, President, IdeaFarm
Choosing the right franchise opportunity may well be the most important business decision you’ll ever make. In order to make a thorough assessment of any given franchise opportunity, we have compiled and designated the top ten criteria that you should use to […]

By sean -- 0 comments