Emotion: Ambition (4)
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Why You Should Talk With a Franchise Lawyer Before You Buy a Franchise
Posted by Franchise Grade Team April 15, 2015
So you’ve decided to pursue a franchise opportunity and have done some preliminary research to determine if it is a good fit with your business goals and lifestyle. You’ve even identified where you’ll get the money to make the purchase. Before you proceed, consider the issue of “Due Diligence” – doing all the research and completing myriad tasks to ensure your success as a franchisee. One of the most critical due diligence tasks you can do is to talk with a good franchise lawyer BEFORE you make the purchase. Why?
Read moreDon’t Get Stuck in Reverse!
Posted by Franchise Grade Team December 18, 2014
It's hard to hit a target facing the wrong direction.
Read moreThe Right Industries for Franchising
Posted by Franchise Grade Team December 1, 2014
The franchising business model works better in some industries than in others. That’s why more than half of all franchisors are concentrated in just ten industries. Would-be franchisees would do well to consider the fit of the franchising business model to the industry they are thinking of entering when deciding whether or not to buy into a system.
Read moreThe Most Important Buying Decision You’ll Ever Make
Posted by Franchise Grade Team September 9, 2014
Once you’ve decided which franchise to buy, what is the most important buying decision you’ll ever make to ensure its success?
Read moreYes, You Can Still Finance Your Franchise Purchase.
Posted by Franchise Grade Team August 21, 2014
Finding the right loan or loans to purchase your franchise is not what it used to be. But you can still get the right financing with just a little knowledge.
Read moreIt’s All About Who You Know: 3 Tactics to Get an Unfair Networking Advantage.
Posted by Franchise Grade Team August 1, 2014
“It’s not about what you know, it’s who you know” Said everyone, ever.
Read moreShould You Buy A Master Franchise?
Posted by Franchise Grade Team June 19, 2014
Consider this scenario: You have been investigating the purchase of an outlet in a new franchise system. After some discussion, the franchisor asks you if you are interested in buying a master franchise for your state. Should you consider the offer?
Read moreTop 5 Tips For Choosing The Right Franchise
Posted by Franchise Grade Team June 16, 2014
Each day countless individuals embark on a journey where the final destination is a franchise opportunity that will lead to a successful franchise business. The path to finding a franchise that most closely fits the profile of the individual can be arduous and difficult. It requires focus, determination, attention to detail and objectivity. The Internet is replete with articles and advice that present the steps one should follow when considering a franchise opportunity. There are articles on the FranchiseGrade and FranchiseKnowHow websites that provide guidance on the franchising process. Whichever steps you choose include in your franchise selection and evaluation process, there are certain ones that should be followed. I’ve outlined five tips that every franchise candidate should use when selecting and evaluating a franchise opportunity.
Read moreThe Best Reward And Loyalty Programs For Your Catering Customers
Posted by Franchise Grade Team June 11, 2014
When it comes to catering out of restaurants, our industry still has trouble defining who our target customers are. At a surface level we continue to think of our catering customers as professionals, such as sales representatives, administrative assistants and pharmaceutical representatives, that are all in need of an exceptional off-premise catering experience where they live, work and play.
Read moreHow To Lead A Team To Success
Posted by Franchise Grade Team May 28, 2014
Time and time again, I meet entrepreneurs who've spent so long chasing the “self employment” dream that they sometimes overlook the fact that – somewhere along the way – they've become employers.
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