Ed Teixeira
Ed Teixeira is a recognized franchise expert with over 35 years of experience in the franchise industry. He has served as a corporate executive for franchise firms in the retail, manufacturing, healthcare and technology industries and was a franchisee of a multi-million dollar home healthcare franchise.
Ed is the author of Franchising From the Inside Out and The Franchise Buyers Manual. He has participated in the CEO Magazine Roundtable Meetings with business leaders from around the country and spoke at a number of venues including the International Franchise Expo and the Chinese Franchise Association in Shanghai, China. Over the course of his career, Ed has been involved with over 1,000 franchise locations and launched franchise concepts from existing business models.
Ed can be contacted at 631-246-5782 or ed.teixeira@franchisegrade.com.
For Those Considering Buying a Franchise
February 14, 2019For those considering buying a franchise, it is crucial to seek a franchise that can meet their financial, business and personal expectations. There are countless ways to search franchise opportunities whether on the Internet or utilizing a site like Franchise Grade. Without having a fundamental understanding of franchising the choice of a franchise could be the wrong one.
Read moreFranchise Discovery Day is a Two-Way Street
February 4, 2019Franchise Discovery Day has evolved into an integral component of the franchising process. It is a day when franchisors and franchise candidates have an opportunity to meet face to face after exchanging mutual information about the franchise opportunity. It is not unusual for the Discovery Day presentations to have a sales flavor since most Franchise Discovery Day presentations are designed to finalize the franchise transaction. A franchisor should use Discovery Day as a way to qualify the franchise candidate. However, some franchisors slant the agenda to promoting the franchise opportunity. Franchise candidates should keep this in mind as they go through the Franchise Discovery Day process.
Read moreFranchising and Murphy’s Law
January 26, 2019Murphy’s Law is well known among business people. Attributed to Neil Maskelyne in 1908, it states that: “Anything that can go wrong will go wrong”. I have observed that when it comes to franchising, Murphy’s Law comes into play more often than desired. In many cases, a new franchise takes off slower than anticipated and the franchisee has to look for a way to remedy the situation.
Read moreFranchisee Candidates: Don’t Go It Alone
January 15, 2019Every franchisee should remember this: don't go it alone before signing the franchise agreement and paying the franchise fee.
Read moreUnderstanding the Personal Guaranty In The Franchise Agreement
January 8, 2019Prospective franchisees must understand the personal guaranty in the franchise agreement.
Read moreFranchise Candidates: Review Franchise Operations Manual Before Signing
December 20, 2018During my franchising career, I’ve found it’s an exception when a franchise candidate reviewed the franchise operations manual before signing the franchise agreement. Considering the importance of the operations manual and its references in the franchise agreement it’s a surprising observation.
Read moreFranchisees Need to Invest the Time to Develop Their Employees
December 18, 2018In order for a franchisee to operate a successful franchise, they need to invest the time and effort to develop their employees. Given the hectic schedule that most franchisees have, it can be difficult to find the time to develop employees. The challenge for most franchisees is to find the time for personnel training. One approach is to delegate additional duties to their employees. In order to delegate more responsibilities, the employee has to be qualified and capable of assuming this increased role.
Read moreThe Low-Cost Franchise Offers an Opportunity for Everyone
December 11, 2018Individuals that want to own a franchise business have lots of franchises to choose from. Yet, when most people consider investing in and owning a franchise, the well-known brands like KFC or Subway usually come to mind and people with limited financial resources can't qualify. With over 2,500 franchise opportunities available there are countless low-cost franchises to choose from.
Read moreHow To Find The Best Franchise Opportunities
November 26, 2018Individuals looking to find the best franchise opportunities have a number of options to choose from. One of the options, the annual franchise ranking reports, are published on numerous websites and publications. These ranking reports include the Top 100 to Top 200 to Top 500 Franchises. The problem with relying on these rankings is they are limited. Many of them rely on the size and growth of a franchise system without analyzing important performance factors.
Read moreHow To Spot These 10 Franchise Danger Signs
November 21, 2018Learn how to find franchise danger signs before risking your money on the wrong franchise opportunity. If you’re like most prospective franchisees, you’ll want a franchise opportunity with a high probability of success and low risk of failure.
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