Business & Franchise Opportunity Portal

Use a Franchise Lawyer!

The UFOC and franchise agreement is a large but pertinent contract. It identifies the rights and obligations of both you as the franchisee as well as the franchisor. This contract contains many pages of important information that you need to know and understand. Yet, after reading the contract, you might have many questions that you require answers to. That’s where …

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Choosing a Franchise Opportunity that will best Meet your Goals

Before you decide to purchase a franchise, it is very important that you set personal goals so that you can reach your financial and personal dreams.

Set 3-5 year goals before you research any franchise opportunity. This will help you to avoid choosing franchises that will not actually end up helping you achieve your goals.

Goals need to be both financial and …

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How Many Franchises should you Apply to?

After exploring the many advantages of franchise opportunities, you have come to realise that purchasing a franchise is the way to go! When observing the diversity of different franchises available, you may ask: So how many should I apply to? Well, here’s some good advice.

Firstly, you need to determine which franchise opportunities might suit you. Explore your strengths, weaknesses, virtues, …

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Selling a Franchise

No matter how happy or successful a franchise may be, there comes a time when a decision is made to sell the franchise. There are many reasons why people decide to sell their franchise. Some may want to retire, are seriously ill, are getting a divorce or perhaps just want to relocate. No matter what the reason, however, if you …

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Handling Disputes with Franchisors

Everyone is different and thinks differently. Therefore, disagreements and disputes are bound to arise some time or the other. So how can you deal with it in the right manner?

The first thing you need to do is ask yourself whether it is just you or if other franchisees have the same problem. Often franchisees blame franchisors when they actually only …

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Franchisees: Assess competitors

When you purchase a franchise opportunity, you will be working, selling and promoting the product or service for a long period of time. You cannot change or develop the product or service, so make sure that the franchise has long-term appeal and its market is not threatened in any way. Most importantly, make sure that there is a market for …

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What Happens at the Interview?

A franchisor has looked through your application and has invited you to chat more. You’re nervous. Though it may make you feel uncomfortable, a franchisor’s investigation of you indicates that the company warrants only qualified individuals. Clearly, they are interested in you and want to investigate further. So do not stress. Such a company will be interested in establishing and …

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Tips to Starting and Growing a Successful Franchise Business

When starting a franchise business adventure, everyone needs a little help and advice.  
Here are some essential tips to all aspiring franchisees for how to start and run your own successful business.

Inform shareholders and franchisors

Keep your investors and franchisors well informed of your progress and inform them of any bad news quickly before the problem worsens. The franchisor can help you …

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Tips for Making a Good Impression on Franchisors

When wanting to purchase a particular franchise, the franchisor will invite you to their headquarters to meet with their executives before approval. So, how can you tell what they are looking for in a franchisee, and how can you make a good impression?

Interestingly, most of the more professional and knowledgeable franchisors develop a profile of their ideal franchise …

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Going into Business with Friends

Starting a franchise business is not always easy and doing it alone is even tougher. Many cannot afford the financial requirements for the franchise by themselves and need to start the franchise business with another person. That is why many people collaborate. But how can you make a partnership work?

Sometimes, you just have no choice. You have to go …

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