| Franchise
Articles & Educational Resources |
| U.S.
Small Business Administration Articles |
|
What
Is Franchising?
Deciding whether or not to go into business
is a very important step in the business start-up process for new
and potential small business owners. Each year, thousands of entrepreneurs
and potential entrepreneurs are faced with this difficult decision.
Is Franchising
For You?
As a first and often overlooked step,
ask yourself why you want to purchase a franchise. This question,
although basic, is an excellent way of evaluating your reasons for
going into business.
Identifying
the Franchisor's Responsibilities
An important step in making an informed
decision about purchasing a franchise is to know the responsibilities
the franchisor is legally obligated to fulfill. One of the toughest
decisions any entrepreneur faces is whether or not to purchase a
franchise.
|
| Determining
What the Franchise Package Contains |
| After
gathering all the information you will need to make an informed purchase
decision, carefully examine this information with your attorney, accountant
or business advisor ensuring that it is addressed in the franchise
contract. |
| Understanding
the Franchise Contract |
| The
franchise contract like the UFOC is a very important document. The
contract is probably the most important document the in transaction
process. |
| U.S.
Federal Trade Commission Articles |
| Franchise
and Business Opportunities |
| Want
to be your own boss? A franchise or business opportunity may sound
appealing, especially if you have limited resources or business experience. |
| A
Consumer Guide to Buying a Franchise |
| Many
people dream of being an entrepreneur. By purchasing a franchise,
you often can sell goods and services that have instant name recognition
and can obtain training and ongoing support to help you succeed. |
