As in the case of a franchise, a preexisting business can be a great option, if you do it right. The fact is, you need not be an innovator to be a successful entrepreneur. Many entrepreneurs are great turnaround artists. They have far more success recognizing an opportunity and capitalizing on an existing venture than [...]
Once all of your questions have been satisfactorily answered, you have done your due diligence and have spoken with existing franchisees, and you understand where your store will be located, it is time to sign on the dotted line. But before you do, make sure you avoid potential pitfalls. Franchisees often buy into a franchise [...]
The franchisor is obligated under law to provide you with the UFOC at your first face-to-face meeting. The UFOC -Uniform Franchise Offering Circular-, though often written in legal gobbledygook, is nevertheless a wealth of information. There are 23 standard items in the document. The key areas you should concentrate on are as follows:
• Item 2 [...]
All of this research begs the question: How much can you really make buying a franchise? The early days of franchise sales in the United States were marked with many instances of abuse in which misleading earnings claims were used to sell franchises. In 1979, in an effort to try to stop these practices, Congress [...]
W. Chris a young entrepreneur and businessman. Be a professional blogger since 2007 to share with her community and internet people for sure. 
