So you’re thinking about franchise ownership–an exciting prospect. Before you sign on the dotted line, let’s take a look at the franchise contract. This important document governs the legal relationship between the franchisee and the company. This includes setting forth what will happen if for some reason the relationship doesn’t work out. One way to think…

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Creating a business plan is a critical step toward the launch of any new business, including a franchise. It’s a step to take earlier in the process than you may think. Will you be seeking financing from a third party? If so, your business plan should be complete before you even ask. And that’s a…

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