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The Potential Advantages of a Partnership
Posted by Franchise Grade Team October 11, 2016
Many entrepreneurs need capital to start a business. Many times to secure that capital, instead of borrowing more money, or if they cannot borrow more money, they enter a partnership. This can be a good or bad move. There are advantages and disadvantages to a partnership. I have consulted with one business that worked fairly well and I have consulted with many that were dysfunctional.
Read moreProspective Franchisees Need to Know Why Some Franchisees Fail
Posted by Franchise Grade Team March 24, 2016
There can be a number of reasons why a franchisee can fail and before investing in a franchise opportunity, it’s important for franchise candidates to know the reasons why.
Read moreIt’s Time to Know Just How Marketable Your FDD Is
Posted by Franchise Grade Team March 11, 2016
Using the term marketable to describe a Franchise Disclosure Document might appear to be a misnomer, however, when one considers the relevance of an FDD it may be acceptable to use the term. This is because the FDD not only fulfills a franchise regulatory requirement but also presents a profile and performance summary of a franchise as well as a comparison to other franchise categories and systems.
Read moreDoes Franchising Need Reform?
Posted by Franchise Grade Team May 30, 2015
Does the franchise system need to be reformed? Before answering that question how much do you know about franchising? Listen in as Josh Brown discusses very interesting statistics from FranchiseGrade.com.
Read more3 Things Franchisees Must Do in 2015
Posted by Franchise Grade Team December 27, 2014
It is hard to believe, but 2014 is just about over. On to 2015.
Read moreHow to Inspire Loyalty and Boost Your Staff Retention (Part 1)
Posted by Franchise Grade Team December 12, 2014
A business succeeds or fails because of the people involved.
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 moreKnowing Your Break-even Point
Posted by Franchise Grade Team November 24, 2014
One of the biggest mistakes entrepreneurs make is not knowing the amount of sales required to break-even. This is especially true with start-up business. So very often start-ups and in a lot of cases, established businesses, take on too much overhead too soon in anticipation of future sales. Before taking on more overhead costs, you must determine your sales break-even point.
Read more3 Items Required To Land A Franchise Business Loan
Posted by Franchise Grade Team October 22, 2014
Financing a franchise is really no different then financing any other business – at least in the eyes of the lender.
Read moreCan You Crowdfund A Franchise?
Posted by Franchise Grade Team October 14, 2014
Currently, in the United States, there are two ways to crowdfund a business or a project.
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