June 19, 2014 3:06 pm
Published by Dr. John Hayes
Franchisors would like to believe that franchisees are honest, and therefore all franchisees will pay the real royalty amount as opposed to an amount that suits the franchisees. . . . What’s that I hear? Laughter! So let me tell you how franchisors protect themselves. There are many checks and... View Article
June 18, 2014 10:13 pm
Published by Dr. John Hayes
101 Questions to Ask Before You Invest in a Franchise has been marked down to 99 cents on Amazon.com in honor of the International Franchise Expo, which begins 19 June for a 3 day run at the Javits Center in New York City. The book is on sale for 99... View Article
June 16, 2014 1:01 am
Published by Dr. John Hayes
Headed to the International Franchise Expo at the Javits Center in New York City June 19-21? If so, here are some unusual ways to spend your visit: Find out what it’s like to be part of an Apex Fun Run with tents, flags and cones, along with video streaming (Booth... View Article
June 13, 2014 12:54 pm
Published by Dr. John Hayes
Not so long ago, the Franchise Disclosure Document (FDD) was called the Uniform Franchise Offering Circular, and the word “uniform” was often used by franchisors to discourage negotiations with people looking to buy a franchise (prospective franchisees). “It’s a uniform offering,” the franchisors would say, “and we’re required to offer... View Article
June 11, 2014 12:24 pm
Published by Dr. John Hayes
Many people who would like to buy a franchise mistakenly believe that franchisors will not negotiate with them. “It’s either their way or the highway.” But that’s not true. Now’s no time to be timid It is true that certain requirements imposed by franchisors are non negotiable, but some deal... View Article