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27 Jun

Franchise Research: Talking to Existing Franchises

Franchise Research In Today's World In the hunt for a great franchise investment, the long-time advice has been to talk to existing franchisees. There is something intrinsically valuable about talking to business owners who have already made the plunge you’re considering. Their experience is certainly more independent and reliable than the enthusiastic banter delivered by the franchisor’s sales representative, and the information you’ll gather goes far beyond the rather clinical facts delivered in a Franchise Disclosure Document (FDD). Franchisee Information FDD Information [...]

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26 Jun

What Should be a plan before buying Any Franchise!

Selling: The Ideal Exit Every business owner should plan to exit their business by selling it, and that applies to franchisees as well. This is your opportunity to capitalize on all of the goodwill and clientele you have built up within your community. Building up equity in a community doesn’t happen overnight; typically franchises take three to five years to recuperate the initial investment. Things to Be Aware of: If you close shop, you will not get your initial investment back. [...]

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23 Jun

SCW tips to avoid swirl marks on car?

Swirl marks Swirl marks are one of the worst enemies of vehicle paint and a vehicle owner’s headache. Unattended, these marks can lead to costly body repairs later on. But why spend time, money and effort on removing swirl marks when you can do something to avoid them? Swirl Marks: 10 Ways to Avoid Them: 1. Avoid automatic car washes To many, automatic car washes are heaven-sent. They’re fast, cheap, and convenient. But have you ever considered what those huge brushes can do [...]

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20 Jun

How to Build A Strong Tie-up Between Franchisee & Franchisor.

Franchisee & Franchisor To many, the world of franchising is an attractive business model to follow because it offers a proven system with tangible results already in place. At first glance, it appears to be a “plug and plays” scenario; one simply has to add themselves to the system and open their doors to achieve success. But like any business, it’s not that simple, despite so much of the foundational work already having been done by the franchisor. There is a [...]

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19 Jun

10 Factors to Consider Before Franchising Your Business

Your business’s growth is off the charts, and perhaps you’ve started to consider whether now’s the right time to franchise your business. But before you take the leap, you must consider how franchising will affect your business model, your customers’ satisfaction, and ultimately your revenue. That’s why we asked ten entrepreneurs the following question: Q. Business is booming, and I’m thinking about franchising my company. What’s one thing I need to do or consider? 1. Your Team Drew GurleyScaling is a big decision [...]

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