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Records Retention: What To Do As A Franchisee
Posted by Franchise Grade Team July 13, 2015
As a new franchisee, one of the first things you’ll be doing is amassing a physical and virtual mountain of paperwork – documents which comprise the vital records required for your new business. In fact, creating these records begins as early as the Franchise Disclosure Document (FDD) you receive from the franchisor, and the resulting Franchise Agreement (FA) that seals the deal between you and the franchisor. These two are but a small component of the franchise records you will be required to maintain during the entire lifetime of the franchise and beyond.
Read moreWhat It Takes to Build Long-term Vision
Posted by Erle Dardick January 8, 2015
If you're looking to enter into or start a business, there are a few key things to consider when trying to determine to long-term success of your endeavour.
Read moreIs Your Spouse Helping or Hindering Your Business Goals?
Posted by Franchise Grade Team December 23, 2014
So you want to start your own small business.
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 moreWhy Do Some People Pick the Wrong Franchise?
Posted by Ed Teixeira May 16, 2014
The franchise industry certainly doesn’t lack the resources for guiding individuals towards making the right franchise decision. There are countless articles, numerous books, the FTC, State and franchise industry websites that provide advice and strategies for prospective franchisees. The Internet is replete with articles both favorable and unfavorable about franchisiors and franchisees. These resources if utilized can help to lower the risk of failure faced by potential franchisees. However, in spite of this, some franchisees will still fail. In many cases, these failures are the result of other factors, rather than the result of a lack of information, guidance and resources. A prospective franchisee needs to avoid the pitfalls that can result from choosing and investing in the wrong franchise.
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