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First Prize Franchise is the world's leading franchise opportunity and small business resource. It is the proven winner with entrepreneurs requesting a direct source of franchise opportunities, businesses for sale and business opportunity information.

Archive for October, 2006

Written at 12:48 pm on October 10th, 2006

Franchisees: What you need to know!

Signing up for a franchise is an exciting process! As a franchisee, however, there are a few very important things you need to know about.

The UFOC

The UFOC is a document that the franchisor must present to you if you are seriously considering purchasing a franchise. It contains extensive information about the franchise. In addition, you should be provided with completed …

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Written at 7:52 am on October 10th, 2006

True Presence

TruePresence franchise owners are professional web consultants who own and operate an Interactive Agency. The owner is the strong business development / marketing person and TruePresence is the “back office” providing the entire fulfillment. Since we provide the design, development, on-line marketing services and hosting, you don’t need any …

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Written at 1:45 pm on October 4th, 2006

Things to Avoid After you’ve bought a Franchise

You have signed the documents and have officially become a franchisee. It is an exciting process! However, there are a few things you should avoid doing when becoming a franchisee.

Do not become the Franchisor

Once they have signed the franchise agreement, some franchisees assume they do not require any help and have the knowledge base that has taken the franchisor years …

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Written at 12:36 pm on October 4th, 2006

Tips on Reading the Manual

‘YES! I’m going to do it!’. A franchise is definitely for you, and you have found just the right franchise you are looking for. When sitting down with the franchisor, he leans over and hands you this large book entitled: THE MANUAL. The manual supports the terms and conditions of the Franchise Agreement, provides you …

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Written at 3:13 pm on October 2nd, 2006

What Franchisors are looking for in you!

You are looking for the ideal franchise opportunity. Similarly, franchisors are looking for the right franchisees. Franchisors want you to succeed. Though not all franchises require the same qualities in a franchisee, there are a number of attributes common to successful franchisees. 

Here are a few attributes franchisors are looking for:

1. A Good Attitude

Franchisors want franchisees that have a positive and …

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Written at 2:19 pm on October 2nd, 2006

Things to Look for in a Franchise

Buying a franchise is an exciting venture! You are finally going to be your own boss and have control. The first major step you need to take is finding the right franchise. Searching for the right franchise is absolutely pertinent! To aid you in the process, here are a few important things you need to look for in a franchise:

• Choose …

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