If you’re a franchisor considering a merger, you’re looking for a way to grow your business. You don’t want to sell or lose your involvement, but you think that combining forces with another related company may help you both thrive in a highly competitive industry. To...
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Month: November 2021
The complexities involving firing workers in protected classes
If you have workers at your franchise business who are in a protected class, you know that you must be wary about anything that could be considered discrimination against them. These classes include things like race, religion, sex, and age, just to name a few. In some...
3 signs that buying a franchise isn’t the right option
Buying a franchise can be a good way to open a business and bring in compensation. However, buying into the wrong franchise can come back to hurt you later by resulting in poor returns or even negative returns. There are times when it’s not appropriate to buy a...
The benefits of micro-franchises
Franchises are anything but “one-size-fits-all.” Many smaller-sized enterprises, known as “micro-franchises,” represent an opportunity for budding entrepreneurs to get in on the ground floor of a potentially successful business. While still adhering to traditional...