If you're considering purchasing a franchise, you probably have some questions. In this section you'll find articles that provide you with answers to many of the most frequently asked questions regarding franchise ownership. From how to buy a franchise, to financing options, training programs and what is involved in a discovery day. The articles featured below provide you with basic information to get you started on your way to knowing the ins and outs of franchising.
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Starbucks, the ubiquitous coffee brand and coffeehouse chain... view this article »
Generally the last step of your franchise research will involve attending the franchisor's Discovery Day. Most often, the franchisor will bring you to their headquarters and you’ll have the opportunity to meet with the franchise team, to learn about their systems and support, and to see if you woul... view this article »
The amounts shown below are in US$ and are averages of figures provided by franchise companies that participated in a survey. Prospective franchisees afford will often borrow the necessary funds to open the franchise from a lender which specializes in franchise loans. view this article »
There are several franchise finance assistance programs offered by the US Government. Both are in the form of loan guarantees made to lenders. view this article »
Most franchisors require that franchisees individually obligate themselves to be responsible for and guaranty fulfillment of all contractual commitments, including monetary obligations, made by the corporate or other legal entity owning and operating the franchise. view this article »
The offer and sale of a franchise in the United States is regulated at both the federal and state level. In 1979 the United States Federal Trade Commission (FTC) adopted its trade regulation rule 436 (the "FTC Rule"), which specifies the minimum amount of disclosure that must be made to a prospecti... view this article »
The Uniform Franchise Offer Circular (UFOC) is a format for disclosing franchisor information to prospective franchisees. The purpose of the UFOC is to protect the public by providing information about the franchise company. view this article »
Investing in your own business can be one of the most critical decisions one will ever make. The challenges are enormous physically and emotionally. Even finalizing a decision to own one's own business is daunting in itself. Many budding entrepreneurs cop out early into the decision making process. view this article »