Owning a Franchise

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Corporate Taxes
written on January 31, 2012 by Marlene Herman
Owning a Franchise

If you never owned a business, one of the biggest surprises can be the exorbitant taxation especially in the State of Ohio. Taxes and rates will vary based on your tax structure, sales volume, city, state, and type of business.

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Employees for Franchises
written on January 30, 2012 by Marlene Herman
Owning a Franchise

One of the hardest and seemingly simple things to do is find good employees. You would think with unemployment at an all-time high since the depression, people would be knocking on your door. It also seems to make sense that the Franchisor would have a steady stream of candidates looking for a job since it will also benefit their bottom line. more...

Sales Leads
written on January 30, 2012 by Marlene Herman
Owning a Franchise

One of the advantages of owning a Franchise over a startup is increased sales. Franchises are a proven business model and supplementary sales leads are one of the benefits. No matter what business you get into, obtaining new sales or leads is one of the most difficult aspects of running a business. Of course, some new franchisees think that because they bought the “name” customers will be standing in line waiting for service. The reality today is that if a consumer does not know a “name” of a company for the product or service they need, the first thing they do is ask a friend or relative.

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Multiple Franchise Locations
written on October 07, 2011 by Marlene Herman
Owning a Franchise

 

Most prospective franchisees open one location and only aspire to add locations by region and/or state but there are advantages to owning multiple stores. 

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Women Owned Franchises
written on September 06, 2011 by Marlene Herman
Owning a Franchise

 

There are enormous opportunities today for women. Franchisors see women as a particularly good fit for particular products or services.

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2011 Franchise Industry Trends
written on September 06, 2011 by Marlene Herman
Owning a Franchise

 

The franchises that dominate industries are Fast food restaurants (59%) and Hotels (47%). Some services are almost required such as health care and child care. Although we seem to still have enough money to keep Spas, pets, and physical fitness franchises going strong

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Expert Advise Pays for Itself
written on April 13, 2011 by Marlene Herman
Owning a Franchise

Your due diligence has found your future Franchise.  It’s time to negotiate the deal and you are waiting for the Disclosure from the Franchiser. 

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Make the Right Choice
written on April 13, 2011 by Marlene Herman
Owning a Franchise

 Franchise Business Review lists 14 Franchise Categories.  There are many choices available ranked by the Best Franchise by Category.

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Franchise Facts & Stats
written on April 12, 2011 by Marlene Herman
Owning a Franchise

Here are a few franchise facts & stats...

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Franchisors/Franchisees Legalities
written on April 11, 2011 by Marlene Herman
Owning a Franchise

As in buyer beware, we need to be wary of situations that can would require involvement of an attorney and/or court battle.

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Franchise Disclosure Regulations
written on April 11, 2011 by Marlene Herman
Owning a Franchise

Federal Regulations mandate that prospective franchises are entitled to specific documentation and information to allow him/her to make an informed decision.

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Franchise Systems
written on September 17, 2010 by Marlene Herman
Owning a Franchise

It’s time to do something different.  Maybe your job was eliminated, or you touched the glass ceiling or maybe you feel you can run a business better than your current boss.

 

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Hiring Employees
written on August 24, 2009 by Marlene Herman
Owning a Franchise

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Control of a Franchisee
written on June 05, 2009 by Marlene Herman
Owning a Franchise

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Franchise Agreements
written on February 24, 2009 by Marlene Herman
Owning a Franchise

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Advantages of a Franchise
written on January 20, 2009 by Marlene Herman
Owning a Franchise

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Franchise or StartUp
written on December 31, 2008 by Marlene Herman
Owning a Franchise

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