Service franchises cost less, but are they best for you?">
May 20, 2016 12:12 pm
Published by John Hayes
In a previous article, I discussed the pros and cons of buying a retail franchise business. In this article, I’ll discuss the pros and cons of buying service franchises. Just about every type of business has been franchised, so when you buy a franchise you’re not locked into one or... View Article
May 16, 2016 11:31 am
Published by John Hayes
If you’re like most people who want to buy a franchise, you’ll be surprised to read that more than 75 primary industries – but 300 separate lines of business — use franchising as a method of distribution. A majority of these businesses are retail franchises. Just about every type of... View Article
May 9, 2016 5:14 pm
Published by John Hayes
A common misconception about buying a franchise is that franchisors will not negotiate with prospective franchisees. But the truth is, franchisors negotiate! For many years, the Franchise Disclosure Document (FDD) was called the Uniform Franchise Offering Circular (UFOC), and the word “uniform” was often used to discourage negotiations at the... View Article
April 15, 2016 12:26 pm
Published by John Hayes
Sometimes the perfect franchise opportunity for you to buy isn’t the most obvious franchise, the most popular franchise, or the trendiest franchise. Sometimes the perfect franchise for you to buy is a lesser-known franchise opportunity in an obscure industry. Or it may be in a mainstream industry, but it’s not... View Article