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What’s the difference between a franchise and a business opportunity?

SHELLEY NADLER WRITES:
The term 'business opportunity' is very vague and can cover just about any type of business venture. Click here to read the full answer

What’s the best way to formalise our business relationship?

VICTORIA WILKES WRITES:
In practice, there are a number of ways you can do this. One way is for both of you to each sign the Click here to read the full answer

What exclusivity do I have as a franchisee?

BRIAN DUCKETT WRITES:

While it is not necessarily good practice for a franchisor to offer exclusive territories, the Click here to read the full answer

Do I need experience of running my own business to be a successful franchisee?

JOHN PRATT WRITES:
The extraordinary thing about franchising is that not only do you not have to be an experienced businessp Click here to read the full answer

Will a franchisor provide me with information on the performance of current franchisees?

SHELLEY NADLER WRITES:
A franchisor should be prepared to disclose actual financial performance figures that have been achie Click here to read the full answer

What are the main benefits of investing in a franchise?

BRIAN DUCKETT WRITES:
The major benefits are reduction of risk and hitting the ground running with a proven system. The leve Click here to read the full answer

Will a franchisor help me find suitable premises?

VICTORIA WILKES WRITES:
Finding premises may not always be an issue, as not all franchise businesses require the franchisee Click here to read the full answer

How much will a bank typically lend someone wanting to invest in an established franchise?

JOHN PRATT WRITES:
There isn’t a typical formula because each franchisor and franchisee are different. Further, the answer Click here to read the full answer

Is it possible to run a franchise from home?

SHELLEY NADLER WRITES:

It is possible to run a franchise from home if your fr Click here to read the full answer

What’s a franchise resale?

JOHN PRATT WRITES:

When you take a franchise you are establishing your own bu Click here to read the full answer

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