Franchising News

How To Choose The Right Legal Structure For Your Franchise

How To Choose The Right Legal Structure For Your Franchise

One of the most critical decisions when starting a franchise is choosing the proper legal structure for your business. The legal structure you select will impact how your franchise operates, the taxes you pay, and your personal liability. It is essential to understand the different legal structures available and choose the one that best fits your franchise’s […]

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Can a Franchisor Terminate a Franchise Agreement?

Can a Franchisor Terminate a Franchise Agreement?

Franchising is a popular business model that allows individuals to own and operate their own businesses using an established company’s brand, products, and systems. However, like any business arrangement, there may come a time when a franchisor needs to terminate a franchise agreement. This article will explore the termination process and the legal framework surrounding

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Are Franchisees Really Entrepreneurs?

Are Franchisees Really Entrepreneurs?

When it comes to entrepreneurship, the image that often comes to mind is a person starting a business from scratch, taking risks, and building a brand from the ground up. However, in the world of franchising, the lines between being an entrepreneur and being a franchisee can sometimes be blurred. Are franchisees really entrepreneurs, or

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How To Buy a Franchise With No Money

How To Buy a Franchise With No Money

Have you always dreamt of owning your own business but don’t have the capital to start from scratch? Buying a franchise could be the perfect solution for you. Franchises offer a proven business model and brand recognition, making them popular for aspiring entrepreneurs. But what if you have no money to invest in a franchise?

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The Future Of Franchising

What Is The Future Of Franchising In The UK?

Franchising has long been a popular business model in the UK, offering individuals the opportunity to own and operate their own business while benefiting from a larger company’s support and brand recognition. But as the business landscape continues to evolve, what does the future hold for franchising in the UK? In this article, we will

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Is a Franchise an Intangible Asset?

Is a Franchise an Intangible Asset?

When considering a business’s value, one often thinks of physical assets such as equipment, buildings, and inventory. However, there is another type of asset that holds significant value but is not tangible in nature—intangible assets. One common form of intangible asset is a franchise. This article will examine whether a franchise can be deemed an

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What Is a Franchise Resale?

What Is a Franchise Resale? Definition and Meaning

A franchise resale refers to the process of selling an existing franchise unit to a new buyer. In a franchise resale, the buyer acquires an already operational franchise outlet, including its assets, employees, customer base, and the remaining term on the franchise agreement. This can offer several advantages over starting a new franchise from scratch,

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Why Franchisors Should Collect Feedback From Franchisees

Why Franchisors Should Collect Feedback From Franchisees

The franchise model stands out in the dynamic business world for its unique ability to blend autonomy with unity. At the heart of this model’s success lies the pivotal relationship between franchisors and their franchisees. Understanding this relationship’s nuances is crucial for sustained growth and competitiveness. One often underutilised strategy to enhance this relationship is

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What Is Multi-Unit Franchising

What Is Multi-Unit Franchising? Definition and Meaning

Multi-unit franchising is a business strategy where an individual or entity—referred to as a franchisee—acquires the rights to operate more than one unit of the same franchise brand. This approach allows the franchisee to open and manage multiple outlets, spreading their investment across various locations. Unlike single-unit franchising, which focuses on operating a single establishment,

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How Multi-Unit Franchising Can Increase Your Market Share

How Multi-Unit Franchising Can Increase Your Market Share

In the fast-paced business world, franchising has emerged as a powerful expansion and brand recognition strategy. Among the various franchising models, multi-unit franchising stands out for its potential to significantly increase a company’s market share. By delving into this model, businesses can unlock unparalleled growth opportunities, tapping into new markets with a strategic and cohesive

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