Buying A Franchise

If you’ve decided the best way to begin your journey to entrepreneurship is to first become a franchisee, one of your first decisions will be what kind of franchise you want to buy into.  Some new franchisees look for a tried-and-true brand that’s been around for many...

There are franchise opportunities available in everything from oil change facilities and restaurants to automotive dealerships and home services companies. Some entrepreneurs contemplating a franchise opportunity have previously worked in the specific industry in...

You know that you want to become a franchisee. You’re interested in running a franchise restaurant, for example, and you believe that it can be a lucrative investment. Maybe you know that there is a large target audience in your area and they do not have enough...

Even if you’re new to franchising, you’ve probably heard of “Discovery Day.” Sometimes, it’s called “Meet the Team Day.” Whatever a franchisor calls it, it’s an opportunity for them and for prospective franchisees to get to know each other. Often, they’re held at the...

Starting a franchise can be an exciting venture, but it's essential to navigate potential disputes wisely to ensure the success and longevity of your business. The following are some valuable tips to help new franchisees avoid disputes and maintain positive...

Franchise disclosure documents (FDD) are pivotal in franchising, serving as a comprehensive guide for potential franchisees before they agree to move forward. These documents provide transparency and help to ensure that both parties clearly understand the terms of the...

Operating a business is a dream that many Minnesota residents share. Unfortunately, most lack enough financial resources to start from scratch and build a company and brand from the ground up. Investing in a franchise may help you achieve your business goals with less...

Franchising offers noteworthy benefits to both the franchisor and the franchisee. If you want to start a company under an established business name, using its products, knowledge and branding, consider this option. You may start with one location, but after gaining...

It's common for people to assume that those who start, manage or own a business in a particular industry will likely feel passionate about that specific focus. For example, those who start a bookstore may have had a lifelong obsession with literature or science...

Many think franchises are safe investments that don’t carry a huge risk. While it’s true that franchisees can take advantage of the franchisor’s knowledge, there are still some risks of this type of business setup.  There are several risks that you need to consider....