Can I be an "I told you so" kind of guy for a moment? My area, Cleveland-Northern Ohio has been in an economic slump for the past few years.This makes me even more skeptical than I already am, when it comes to franchises that I choose to talk about with my local clients.I will not suggest "Hot" franchise
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Failure? In a franchise system? C'mon...... Yes it really is possible to fail in the franchise business. The common reasons are: 1. Not following the system. You are buying a system. Use it. 2. Mismatch. You choose a Subway franchise because you know the "name" and you feel that you cannot fail.
The Federal Trade Commission is in the process of enacting new franchise rules to help protect prospectivefranchise owners from fraud.With over 3,000 different franchise concepts vying for a piece of the downsized management pie, these new laws will become an added value for those doing their due diligence.The President of the
Jim Coen a fellow franchise blogger posted this concerning what DOES make a good opportunity in the franchise world???A good franchise opportunity is not just about having a good idea! For a franchise to be good enough for you to invest in the franchisor has to prove that the model can be replicated. The franchisor has