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Five most frequently asked questions about franchise and business opportunities
Where can I get a company's pre-sale disclosure document? How can I find out about complaints against a company? How can I file a complaint against a company? How do I know what must be included in a disclosure document or offering circular? How can I find a lawyer who specializes in franchising?
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So What If It Is a Franchise? So plenty.
If it is a franchise, the franchise seller ("franchisor") is legally required, under federal law, to prepare a detailed offering circular in which specified information about itself, its personnel, and its franchise agreement is disclosed to would-be franchise buyers ("franchisees").
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Consider pros, cons of franchise ownership
Small Business Question and Answers for those contemplating franchise ownership.
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Some tips for potential franchise buyers
Thinking about buying a franchise? Consider this - Franchisers typically limit how franchisees conduct business, and these controls may restrict your ability to exercise your own judgment. The following are examples.
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The Federal Trade Commission Rule & Required Disclosures
The Federal Trade Commission (FTC) defines a franchise relationship as including: 1. Trademark: The franchisor offers the right to distribute goods or services that bear the franchisor's trademark, service mark, trade name, advertising or other commercial symbol.
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Transfers & Renewals of Franchise Agreements
Business owners sell their businesses for many reasons - to profit from the sale of the equity in a successful business, to cut losses in an unsuccessful venture, or for personal reasons.
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Is Your Franchisor There For You?
Part of the value of being a franchisee is not having to go it alone. In the franchise business, every small business owner has a partner-his or her franchisor-who provides training, business structure, marketing support, buying power and, hope fully, good advice.
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What To Look For In Franchise Training
Training is a critical aspect of franchising from the perspective of both the franchisee and the franchisor. When conducting a franchise search, prospective franchisees should pay close attention to the training offered by the franchise organizations they are considering.
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The Declining Significance of Location
In a Wall Street Journal Review of Reuven Brenner's book, "The Force of Finance," the reviewer plainly states the central finding of the book: "Geography matters little to economic growth.
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Ten Red Flags In Evaluating a Franchise
An enterprising individual looking to get into a business needs to evaluate multiple aspects prior to entering any commitment.
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Franchise opportunities are many and varied
"I don't want to buy a franchise," said the mid-management executive (let's call him John Doe) who had just been released from his 10-year position with a major corporation.
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Defining the Role of Franchise Consultants
When all is said and done, the role of a franchise consultant can be summed up simply: a consultant sells advice, and that advice is broken down into two categories.
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Is this Contract a Franchise?
The question of whether a particular legal arrangement is a franchise has been the subject of numerous lawsuits and law review articles.
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Franchises
A franchise is an agreement by which the franchise business (the franchisor) licenses the business operator (the franchisee) to operate a business under the name of the franchisor.
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