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 How To Franchise A BusinessImagine opening 20 new business locations without having to foot the bill for real estate, equipment and build out costs or taking on any risk. Even more, imagine managers running all those locations, who are just as committed to growing the company as you - and not having to pay them a dime. Finally, imagine these managers hiring, firing and managing all employees as paying the bills for all operating costs and expenses. Sound far-fetched? Not if you're planning to franchise your business. BUYING A McDONALDS FRANCHISE: INVESTMENT COST, ANNUAL SALES AND FINANCIAL RESULTS - GETTING THE McDONALDS FDDNot surprisingly, before considering anything else many would-be franchise owners ask themselves: How much does a McDonalds franchise cost and how can I buy a McDonalds franchise? They hear it only costs $45,000 to get a Mighty Mac franchise, an investment that's quite within their franchise affordability range. The New FTC Franchise Rule - Franchise Disclosure Documents (FDD)Since the new FTC Franchise Rule became effective in 2007, many persons wonder what the major differences are between the old Uniform Franchise Offering Circular (UFOC) and the new FTC Franchise Disclosure Document (FDD). Of particular interest to franchise companies is how long it takes to convert an old UFOC to the new FDD format. Franchise buyers wonder if anything has changed about when an FDD must be given to them under the new regulations. Franchise Operations Manuals - How To Write A Franchise Operations Manual In Three Easy, Affordable StepsFranchise operations manuals may seem daunting, especially for a company that has never written an operations manual before. Bewildered by the new business of franchising, with its legal requirements, franchise disclosure documents, operations manuals, training programs, etc., many companies delegate responsibility to a high-priced franchise consultant. Franchise Disclosure Documents (FDD) - Mission Accomplished?Franchise Disclosure Documents (FDD) under the FTC's new Franchise Rule continue to be good concept in theory. Unfortunately, reality plays a more important role and reveals an entirely different picture. How to Franchise - Strategic Planning, Documentation and Management of Franchise SystemsImagine opening 20 new business locations without having to foot the bill for real estate, equipment and development costs or taking on any of the risk. Even more, imagine finding managers to run all those locations, who are just as committed to growing the company as you, and you don’t have to pay them a dime. Finally, imagine that these managers will hire, fire and manage all employees as well as foot the bill for all operating costs and expenses. Sound far-fetched? Buying a Franchise - Mr. Franchise (and Mrs. Franchise) Buy Their First FranchiseThis second buying a franchise article applies the franchise tips and details the real life experiences of a franchise attorney and franchise expert in evaluating, starting, operating and subsequently reselling a very successful franchise in the home improvement industry. Franchise Disclosure Documents (FDD) - Review Costs; How Much Should You Pay?Buying a franchise - which experts do you need to review the franchise company's FDD - Franchise Disclosure Document and how much can you expect to pay for this? Franchise Brokers Vs. Franchise Consultants - Distinctions With a DifferenceThe terms "franchise broker" and "franchise consultant" are seen frequently in the press, often implying they are one and the same. But what is a franchise broker and how are they different from a franchise consultant. Do they both offer objective, impartial advice? This article answers these critical questions. Franchising Vs. Licensing A Business (Franchise Vs. License) And Business Opportunity Expansion OptionsWhat's the difference between franchising vs. licensing a business? The starting point in the franchising vs. licensing a business analysis is to consider the legal aspects, then the business aspects. In considering the legal aspects, begin with the following premise that applies to both options. If you put someone into business (or allow them to use your business name/mark) this transaction will normally be a regulated activity, subject to substantial penalties for noncompliance.
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