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Franchising
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Franchising Industry Trends in 2006
The Franchising Industry has taken some hits in the last couple of decades. Some came from onerous regulation and piss poor performance of agencies like the Federal Trade Commission’s Consumer Protection Division’s Franchise Group
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Financial Representations in Franchising
One of the biggest questions asked by new potential team members and franchise buyers of a franchise system as they work to determine if they should purchase a franchise is; How much money will I make.
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Name Infringement, Trademarks and Franchising Companies
Franchising companies have her responsibility to insure that their trademarks are not infringed upon. Just because a franchise company has properly registered the service Marks and trademarks with the proper state and federal agencies does not mean that some one will not try to use such Marks without permission.
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Community Involvement and Franchising
Every small business knows that you participate in the community, then the community will shop in your store. In a franchise business, the franchisor should also encourage, if not require a franchise outlet to do community service and stay involved with the community that will support them.
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Franchising is Not as Easy as It Looks
Many entrepreneurs wish to build up their companies and franchise it across the region, then state, then country and then the World. Well sure sounds good but it is not so easy. First it costs a lot of cash up front, about a million dollars to do it right. Then there is an abundance of lawyer fees
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Competition in Franchising; It Gets Ugly
It is amazing the amount of competition and modern franchising today in the United States and starting in the rest of the world also. Competition in the marketplace is good for consumer prices and for customers, but when it gets ugly it serves no freeman. And it is amazing how quickly the competition can get very ugly.
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Franchise Sales; Starting a Franchising Company and Selling the First Unit
Many executive business management teams with to propel their product or service through the marketplace and their brand name through franchising. This makes sense for many reasons, although we must also consider that franchising is a highly over regulated industry. To top it off, it is not easy selling franchises. Why is that you ask?
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Business Case Study; Using Franchising as Distribution Method for Your Products
Corporations need to keep growing in order to satisfy shareholders equity and quarterly profits. They need to increase sales and therefore they need to increase the rate of distribution of their products and services. Often corporate executive management teams will look at franchising as a method of propelling the company's growth.
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Ethics in Franchising Considered
Many people want to get out of corporate America and get into their own franchise business as part of their American dream. They would rather control their own destiny than be controlled by corporate America. However, sometimes that American dream can turn into an American nightmare.
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Financing Your Franchise: SBA Loans
Financing is one of the most confusing, and often frustrating, aspects of opening a franchise. Some franchisees pay cash, others take out home equity loans or tap into their retirement savings.
In this article, we look at one of the most popular methods of franchise financing: the SBA Loan. SBA Loans are loans made by traditional lenders such as banks that are guaranteed by the federal government’s Small Business Administration.
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State of Illinois Franchise Attorneys and Their State Regulator Counter Parts
Most all Franchisors simply cannot stand the waste of money and time it takes to get registered in a Franchise Registration state or the insanity of the process to renew the registration each year. It costs Hundreds of thousands of dollars to comply with all their garbage, annual audits and the franchise attorneys hold them over a barrel with $300.00 per hour fees to help with the red tape
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