Franchise agreements are negotiable more often than people think. The franchisees who have the most success focus on three to five high impact issues, remain patient throughout the process, and are genuinely willing to walk away if the deal does not make sense. The ability to say no is often what creates leverage.
Can franchise
Twenty years ago, Rush on Business began with a simple and deliberate goal: make the law understandable for everyday business owners. At the time, I took a chance on the idea that openly sharing clear, practical legal guidance through a blog could genuinely help people and, in doing so, build meaningful client relationships. I never
Last week, I attended the Annual Forum on Franchising. As always, it was a great chance to connect with peers, share stories, and stay in tune with what’s happening across the franchise industry.
But something stood out this year.
The two most crowded sessions focused on topics that should raise concern for any current or
Embarking on the journey of becoming a franchise owner is an exciting yet daunting prospect. For first-time entrepreneurs, diving into the world of franchising requires a comprehensive understanding of what goes into a successful franchise investment. The cornerstone of making an informed decision is conducting due diligence. Here’s a step-by-step guide to help you navigate
A business owner walks in with a pitch. He wants to “sell” you a piece of his company. The idea sounds solid. The opportunity feels right. You shake hands, cut the check, and walk away thinking you just became a business owner.
Then reality hits.
Nothing is in writing. No contract. No terms. No guarantees.
Starting a business isn’t for everyone.
Here are five of the top qualities I have noticed in my most successful business clients.
Your ability to endure punches—and keep swinging—is your most valuable asset. The market will test your patience, your stamina, and your confidence. If you crumble at the first sign of difficulty
Buying a franchise will cost you more than the high end of the investment range disclosed in the Franchise Disclosure Document (FDD).
Let me explain.
Buying a franchise is a major financial decision. It is not just about covering the initial franchise fee and build-out costs. To set yourself up for success, you need to
Not all franchise opportunities are worth the risk.
Franchising has become a popular path to financial independence, promising a proven business model and support from an established brand. With over 15,000 new franchise units expected to open annually, it is easy to get swept up in the excitement of becoming your own boss. However, not
Franchising is booming.
Private equity firms are snapping up franchisors faster than ever. Recently, we have seen Jersey Mike’s secure a massive $8 billion private equity deal and Freddy’s Frozen Custard and Steakburgers now reportedly exploring a sale. The stakes are high, the money is flowing, and the pace of change is staggering.
But
I recently took a call from someone eager to buy a restaurant franchise.
They were excited, optimistic, and ready to take the plunge. The idea of owning their own business, working for themselves, and controlling their destiny had them fired up. They had done some research, run the numbers, and figured they were ready to
