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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

How does a business determine whether its product/service is suitable to be franchised?

VICTORIA WILKES WRITES:

Franchising generally suits a business format that can be easily replicated. To determine w Click here to read the full answer

What does a franchisor’s recruitment process typically involve?

BRIAN DUCKETT WRITES: Every franchisor has their own process, some more detailed than others, but hopefully nobody relies on the o Click here to read the full answer

What information should a franchise agreement contain?

SHELLEY NADLER WRITES:
Firstly, the agreement should set out the term of the franchise, which tells you how long you have be Click here to read the full answer

Will a franchisor assist me with launching my business locally?

BRIAN DUCKETT WRITES:
They almost certainly will, but levels of assistance vary greatly between franchises, often in direct Click here to read the full answer

What’s a renewal fee?

VICTORIA WILKES WRITES:
A renewal fee is the fee a franchisee is often asked to pay if they wish to renew their franchise ag Click here to read the full answer

How does a franchisor determine the cost of a franchise?

JOHN PRATT WRITES:
There are a number of elements to the cost of a franchise. First there is the initial fee a franchisee pa Click here to read the full answer

What’s the best way to research a franchise?

BRIAN DUCKETT WRITES:

The most important part of the research process is to meet or speak to as many of the franchiso Click here to read the full answer

What’s the difference between a franchise and a license agreement?

SHELLEY NADLER WRITES:
A licence is often confused with a franchise, as central to every franchise is a licence to use a tra Click here to read the full answer

How safe is my investment in a franchise?

VICTORIA WILKES WRITES:
Entering into any form of business venture is never going to be risk free, and entering into a franc Click here to read the full answer

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