Monthly Archives: August 2013
Many people have turned to franchising ever since the economic downturn, not only to find new jobs for themselves, but also for their children. Many recent college graduates are having a difficult time in the current job market, many move back home or go to work for mom and dad. But what if mom or dad (or both) have been laid off? That’s whe...
What makes a person choose an established franchise system over a new franchise system? Maybe it’s brand recognition or the number of franchisees, but older does not always mean better. Newer franchise systems are not bad investments just because they do not have hundreds of franchisees. They are just new, and new systems need two things: tim...
If you have ever looked into buying a business or franchise, you have most likely come across the term ‘due diligence’, but what is due diligence?
“Research and analysis of a company or organization done in preparation for a business transaction” (Merriam-Webster).
Pretty simple, but what do you have to do to perform due diligence...