Archive for the Franchise Category

Franchising: Business to Business vs. Business to Consumer

When I work with people who are looking at buying a franchise, I sometimes ask them to name the first five franchises that come to mind. Usually all five are business-to-consumer (B2C) franchises such as restaurant or mailbox type franchises.

Understanding the Franchise Agreement

So far, it\’s been kind of entertaining, hasn\’t it? This whole \’franchise education\’ process? You\’ve told your friends that you\’re thinking of being your own boss, you\’ve found a franchise that seems to fit your goals and desires, you\’ve talked to existing franchisees and now it\’s time to read the Franchise Disclosure Document (FDD) and Franchise Agreement.