POVLITZ Inc | Business and Entrepreneur

After narrowing your choices, it is time to sit down with the franchisor and get all of your questions answered.

The important thing is that you get a very clear picture of the cost of purchasing the franchise—both start-up and ongoing costs. Once you have gathered all of this information, you will be [...]

As you go about this research, understand that successful franchisors have certain traits in common. Following are the traits that are most important. If you can find a franchisor that has these traits, you are headed in the right direction.
The Franchisor Supports the Franchisees
The best franchises are ones where the franchisor sees its [...]

Obviously, one of the most important things you must consider when choosing a franchise is the cost involved. There are three fees associated with buying a franchise. The first is the franchise fee. This is the amount you will pay the franchisor for the right to use its system and trademark. In a [...]

With so many franchise systems from which to choose, the options can be dizzying. It is best to start with a global perspective. In the universe of franchising, which industries seem to match your interests? Narrow the choices down to a few industries in which you are most interested, and then analyze your [...]

In 1997, the Franchise Times conducted a survey of the “average franchisee.” What it discovered was that the typical franchisee is a 48-year-old man who owns 3.5 franchises, works 52 hours a week, and attended college. But if that does not describe you, don’t worry.

Franchisees come in all shapes and sizes and [...]

One of the best ways to start a new business, if you do it right, is to buya franchise or other established business. While people typically think of Mc-Donald’s, KFC, Dunkin’ Donuts, or Baskin Robbins when they think of franchises, the fact is that franchises come in almost every industry. The same is true [...]