Continuing royalty payments after termination are often an overlooked financial trap in a franchise agreement.
When you sign the deal, you agree to pay franchise royalties as part of the agreement. But what most franchisees do not realize is that these payments can continue even after termination of the agreement. This leaves you financially exposed
Phishing tactics are growing, and “impersonation” is their sharpest tool.
In recent months, it seems more businesses are reporting phishing attempts targeting their operations, with bad actors posing as trusted contacts or clients. The result? Devastating losses in both data and finances. Impersonation has become the leading method because it works by exploiting human trust—attackers
Risk-taking. It is the secret sauce behind many successful young entrepreneurs.
When you are young, you have a unique advantage. You have the time to recover from mistakes. Mistakes become learning experiences, not setbacks that define your career. This mindset allows young entrepreneurs to take risks that older, more established business people might shy away
Sales numbers are seductive.
I see posts all the time on X and in articles about franchise operations bragging, “We did $10 million in sales this year!” But here’s the truth: sales numbers alone are smoke and mirrors. The key metric everyone overlooks? Profit.
Sales ≠ Success. High sales are impressive, but they don’t
Thinking about buying a business?
It’s a big decision, but choosing between a franchise or an independent business can shape your entire experience. Both have their perks—and their pitfalls. So how do you decide?
First, consider what drives you.
If you thrive on structure and proven systems, a franchise might be the better fit. You
Diversify or concentrate?
It’s a question that divides entrepreneurs. But what if both are right?
I saw a video where one guy made millions by diversifying—spreading his investments across multiple businesses, minimizing risk while building steady wealth. Then another guy comments below: “You’re wrong. You’ve got to focus on one thing to win.”
Wait
If you are thinking about franchising in Iowa, you need to know one thing: Iowa franchise law is unique, and most out-of-state laws firms don’t really get it.
Let me explain.
Iowa Code Chapter 537A.10 governs franchise agreements in this state. It lays out the specific rules and regulations that franchisors and franchisees must
The devil is in details.
When you sign a franchise agreement, you are entering a long-term partnership. But how carefully have you read the fine print—especially the language around fees?
One seemingly minor word can cost you thousands.
Take marketing fees, for example. I have seen franchise agreements where the contract stated the franchisee must
Being a great franchisee isn’t just about following a system — it’s about mastering the little things.
Franchising isn’t for everyone.
But if you’re serious about it, there are some things you need to know. For purposes of this blog post, eleven to be exact. These aren’t just suggestions; they are essential truths that can make or break your success as a franchisee.
A franchise
