Just Elementary, Inc. » Entries tagged with "franchise"
Pitfalls of Buying an Existing Franchise Business
There are a lot of benefits to buying an existing franchise business. However, in this post we will cover some drawbacks that pertain to acquiring an existing franchise business. Having an extra party in the process, that being the seller of the existing location. Never underestimate how much extra work it is to negotiate, and by adding the existing owner as another party to … Read entire article »
Filed under: Business Tips, Due Diligence, Franchises
Franchising: CNBC’s ‘Inside’ Look at it
CNBC just broadcast a show highlighting five Franchise Brands. The official title is ‘Behind The Counter: The Untold Story of Franchising.’ The show had three story lines. One was about Franchisors doing a good job of growing and maintaining a brand (Proctor & Gamble and Five Guys), Tweet … Read entire article »
Filed under: Business Tips, Featured, Franchises, SBA, Uncategorized
West Coast Franchise Expo Begins today
For those of you who have never attended and are not familiar, the West Coast Franchise Expo kicks off today in Downtown Los Angeles at the Convention Center. The West Coast Franchise Expo features many franchise brands that are looking to sign up new franchisees. Tweet … Read entire article »
Filed under: Business Tips, Franchises
Unhappy Franchisees
I am sure there are more of these, and that most franchise brands have their own franchisee run website for gripes about the franchise, but Unhappyfranchisee.com is a resource to hear some horror stories to educate yourself on things to watch out for when getting into a franchise network. That is the one thing I have noticed in my years as a broker, so many people get into a business or franchise without knowing all of the relevant facts, and like they said on G.I. Joe, knowing is half the battle. What you don’t know will lead to horror stories like the kind you will find on Unhappyfranchisee.com Tweet … Read entire article »
Filed under: Business Tips, Featured, Franchises
