When you buy a franchise, you are really not buying a business.
You are buying a system for operating a business.
One of the most overlooked pieces of evaluating a franchise is how well the system is documented, how often is it updated and equally important, how accessible is the documentation.
Why is this important?
Most franchise companies use [...]
Tag Archives: Franchise Advice
Selecting a Franchise: How well is the System Documented?
April 15, 2010 – 5:06 pm
Opening a Franchise Cuts Risk in Recession
April 1, 2010 – 2:48 pm
Home Staging Franchise Showhomes listed as best bet in down market by The Street.com:
The Great Recession has made some would-be entrepreneurs skittish about starting a business from scratch.
For them, it may make sense to buy a business franchise. While franchises have taken a hit, PricewaterhouseCoopers (PWC) forecasts that the number of franchises will expand 2% [...]
