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Thursday, November 20, 2008
This entire page will be displayed in browsers that do support frames,design your page in the Edit Frames mode. Take your time looking through the franchise profiles, research top listings by investment or industry. Even the most wellread prospective franchisee should heed the advice of professionals before signing on the dotted line. Is it time to franchise your business.Casarotto the third involved Southland Corporation, the parent company of 7Eleven in Southland Corp. I can stay home with them when they get sick. Find out the answers to these and other FAQs . Franchising on the of all franchises are now owned by multiunit franchisees. Licensees will receive support with business planning and location selection, marketing, and designlayout. Managing Director Ray Coleshill is passionate about the industry and dedicated to providing value for his customers. Real Italian is how we describe all the food on our menu. WSI has established one of the best ways to become a business owner, but there are risks. PIP received the award in the Business Services industry category and also.Later example of franchising was John S. Find out from some of the leading franchise business opportunity youre looking for . The franchisee may not be allowed to source less expensive alternatives. Maui Wowi Hawaiian is the only franchise that offers authentic, natural Hawaiian products, freshfruit and coffee smoothies. I can shop in the morning and work in the evening if I prefer. Marketing Your marketing is a specialized kind of marketing and not nearly as easy as first thought. Therefore becoming a franchisee can reduce risk and offer a greater potential for success.Follow this link to view International Franchises for Sale . The following quesions are designed to help potential franchisees assess the prospects of a franchise under consideration. For browsers that do not supportframes. We pride ourselves on linking real people with real franchise opportunities. Find the franchise business opportunity directory. Added to that is the franchise fee and ongoing royalties and advertising contributions. View the directory gtAdvice onestop franchise advice solution. Get Life as a you ready for franchise ownership. The International Franchise Association has a wealth of resources to keep tomorrows franchisees adequately equipped. Two authors licensed to practice in the jurisdiction address the same disclosure requirements in a uniform format.This is maintained through a central team dedicated to supporting the franchise sector.Recent Photos
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Thursday, November 20, 2008
Want to Buy a Franchise; Initial Franchise Fees and What They Mean?
By: Lance Winslow
For those who are considering buying a franchise you will need to know that the initial franchise fee is not the only cost to secure that business of your own that you have always dreamed of. The Initial Franchise Fee is generally the money paid for use of the rights and trademarks. There will also be other costs and fees to be paid to start the business, as well as ongoing fees such as royalties and other costs, which will be described in the UFOC Uniform Franchise Offering Circular.
Below is an excerpt on Item 5 from a Uniform Franchise Offering Circular, which I prepared for my company;
ITEM 5
INITIAL FRANCHISE FEE
We offer franchises on a single unit basis. The Initial Franchise Fee is $20,000 and is payable in a lump sum upon signing the Franchise Agreement and may not be uniform in all cases for persons purchasing a franchise under this offering. We may allow you to enter into a direct financing agreement with us for a portion of your Initial Franchise Fee.
Upon signing the Franchise Agreement, $10,000 of the Initial Franchise Fee will be deemed fully earned and non-refundable in consideration of administrative, marketing, legal expenses associated with preparing this and other documents required by the government to protect you and other expenses incurred by The Company in granting the franchise and for our lost or deferred opportunity to other potential Franchisees. If you fail to satisfactorily complete your training course, the remaining $10,000 will be refunded or, if applicable, subtracted from the balance due any direct financing agreement you have with us.
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Be sure to thoroughly go through the UFOC and read every page of the attached disclosure documents and franchise agreement, even take it to an attorney if there is anything in there you do not fully understand. Consider all this in 2006.
"Lance Winslow" - Online Think Tank forum board. If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/. Lance is a guest writer for Our Spokane Magazine in Spokane, Washington
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