being a franchisee Archives - Franchise Note http://www.franchisenote.com/tag/being-a-franchisee Franchise information and franchising tips Sat, 17 Jul 2010 02:54:57 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 100 Questions You Should Ask or Answer before Buying a Franchise http://www.franchisenote.com/100-questions-you-should-ask-or-answer-before-buying-a-franchise.html Sat, 17 Jul 2010 02:32:54 +0000 http://www.franchisenote.com/?p=849 Not all can be franchisees – there are certain personality traits and circumstances that can hinder you from being a successful franchisee. Are you a franchisee material? Here are 100 questions to ask or answer to ultimately help you determine whether you have all the potential to be a great franchisee or not, excerpted from

The post 100 Questions You Should Ask or Answer before Buying a Franchise appeared first on Franchise Note.

]]> Growing Your Franchise Unit: Why Bother Reinventing the Wheel? http://www.franchisenote.com/growing-your-franchise-unit-why-bother-reinventing-the-wheel.html Wed, 21 Oct 2009 16:31:05 +0000 http://www.franchisenote.com/?p=613 In an effort to better the franchise units, some franchisees are trying to do things differently, even changing the way the franchise units should run. Don’t. Many franchisees are great entrepreneurs – They are business owners of their own brands while investing in franchise units in an effort to diversify. Many have also tried to

The post Growing Your Franchise Unit: Why Bother Reinventing the Wheel? appeared first on Franchise Note.

]]> Being a Franchisee can Lead You to More Opportunities http://www.franchisenote.com/being-a-franchisee-can-lead-you-to-more-opportunities.html Wed, 14 Oct 2009 03:44:47 +0000 http://www.franchisenote.com/?p=566 Provided you buy a franchise that allows you to be an absentee owner, being a franchisee can present you with more business opportunities. Franchisees are comprised of entrepreneurs, professionals, retirees and many other backgrounds – This wealth of background can add diversity, leading to a stronger franchise, benefiting both franchisor and franchisee. A chance to

The post Being a Franchisee can Lead You to More Opportunities appeared first on Franchise Note.

]]> Before You Sign a Franchise Agreement: Learn What Were Complained by Franchisees http://www.franchisenote.com/before-you-sign-a-franchise-agreement-learn-what-were-complained-by-franchisees.html Fri, 25 Sep 2009 15:28:36 +0000 http://www.franchisenote.com/?p=466 Before you sign any agreements with a franchisor, you should know the potential risks entering franchising. You should not expect your franchisor would want to reveal anything more than what is inside the UFOC (the franchise offering.) You will almost certain to hear good words and upsides of the franchise opportunities you are interested in.

The post Before You Sign a Franchise Agreement: Learn What Were Complained by Franchisees appeared first on Franchise Note.

]]> Rich Franchisee Poor Franchisee http://www.franchisenote.com/rich-franchisee-poor-franchisee.html Sun, 16 Aug 2009 04:53:40 +0000 http://www.franchisenote.com/?p=54 Can you get rich with franchising? Yes. Just like anything else in business world, you can achieve your financial milestones well if you do the right thing. Being a franchisee for several years makes me realises that not all franchisees are born or created equal – The personal traits of the franchisees govern how well

The post Rich Franchisee Poor Franchisee appeared first on Franchise Note.

]]> Are Your Personal Traits Suitable for Franchising? http://www.franchisenote.com/are-your-personal-traits-suitable-for-franchising.html Fri, 14 Aug 2009 10:41:29 +0000 http://www.franchisenote.com/?p=87 When you are looking for a franchise to invest in, you will surely be invited for a short interview to learn why you are interested in one. In some occasions, you may also be invited to take a personality assessment. The personality assessment held by a franchisor is aiming to profile franchisee candidates in order

The post Are Your Personal Traits Suitable for Franchising? appeared first on Franchise Note.

]]> What Makes an Excellent Franchisee Candidate? http://www.franchisenote.com/what-makes-an-excellent-franchisee-candidate.html Sun, 09 Aug 2009 08:37:17 +0000 http://www.franchisenote.com/?p=27 There are certain criteria that are well-sought after by a franchisor in accepting an investor proposal to be a franchisee – And no, it is not always about how much money you have to fund the franchise unit purchase. Your ability to fund the purchase of a franchise unit is one of the technical criteria,

The post What Makes an Excellent Franchisee Candidate? appeared first on Franchise Note.

]]> Why Not All Entrepreneurs Can be A Good Franchisee http://www.franchisenote.com/why-not-all-entrepreneurs-can-be-a-good-franchisee.html Sat, 08 Aug 2009 14:05:41 +0000 http://www.franchisenote.com/?p=25 Franchising offers an opportunity for a budding entrepreneur to shortcut into entrepreneurship. Unfortunately, franchising is not for every entrepreneur. Not all entrepreneurs can be a good franchisee – This is a fact you and I can not deny. Forcing your way into franchising can only eventually result in two exits: Struggling franchise units and going

The post Why Not All Entrepreneurs Can be A Good Franchisee appeared first on Franchise Note.

]]>