Opening a franchising company (chain)
A company that is interested in expanding its business operations by opening additional branches can do so by establishing new branches (owned by the company), or it can also sell franchises to franchisees wanting to share in the company’s success. However, before outlining the franchise strategy, a number of important points need to be taken […]
Buying a franchise from a franchising chain
Many potential franchisees contact us to ask just how to start out: How to choose a franchising chain? Is it worth buying a new franchise, or perhaps taking over from a franchisee selling his rights? Is success assured? Is the cost of the franchise reasonable? Are the royalties that the chain is asking from the […]