Key Franchising Terms You Need to Know
The franchising industry is full of terminology that is important to understand, as it can help ensure that each step of the franchise process is made with confid...
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Franchising vs. Startup: Which Is Right for You?
You are ready to be your own boss and have more freedom when it comes to your career – but where should you begin? Should you start your own business? Should you ...
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Understanding Franchise Royalty Fees
If you are just starting to explore franchising as a business opportunity, you may find yourself unfamiliar with certain phrases or concepts unique to the industr...
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Top 5 Ways To Avoid Common Pitfalls in New Franchises
Think of entering the franchise industry like running a marathon. As you approach the starting line, you are full of energy and enthusiasm to get started, but as ...
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5 Traits of Successful Franchisees
One of the incredible things about the franchise industry is its diversity. Almost every franchisee has a different career background, personal and family life, e...
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Securing Financing for Your New Franchise Business
A very important step when buying a franchise is arranging your finances to invest in your new business. Getting financing for a business is not easy, especially ...
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What are Franchising Fees?
Franchise fees, whether initial or recurring, are the licensing fees paid to belong to a particular franchise system. These fees are paid by the franchisee to the...
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The Importance of a Disclosure Document
As an entrepreneur, when you decide to buy a franchise, several documents require your attention. The first key document is the Franchise Disclosure Document (FDD...
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How to Choose a Franchise?
Buying a franchise can be a viable alternative to starting your own business. There are many different types of franchised business opportunities, in many differe...
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What is Franchising?
Think about your daily life. Many of the small businesses you visit regularly are franchised. Stopping for coffee after filling up your gas tank before you head o...
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