franchise ownership Archives - Franchise Note http://www.franchisenote.com/tag/franchise-ownership Franchise information and franchising tips Thu, 07 Aug 2014 00:28:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 Weekend Franchising: Is it Possible to Have a Day Job while Running a Franchise Unit on Weekends? http://www.franchisenote.com/weekend-franchising-is-it-possible-to-have-a-day-job-while-running-a-franchise-unit-on-weekends.html Sun, 04 Oct 2009 04:51:33 +0000 http://www.franchisenote.com/?p=518 The title above is probably one of the questions franchisee candidates have in their mind but are too reluctant to raise the issue with the franchisors. We all know that in everything we worked in (to make a living,) we need to put our best effort into it. Just like any other type of business

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]]> Multi-Unit Franchise Ownership: Double the Profits (and Headaches?) http://www.franchisenote.com/multi-unit-franchise-ownership-double-the-profits-and-headaches.html Sat, 19 Sep 2009 10:44:03 +0000 http://www.franchisenote.com/?p=424 You have done your due diligence well – You have searched and evaluated dozens of franchise opportunities you are interested in, and you have finally picked the one suit you best. And your hard work proves right – Your franchise unit is profitable and growing well. The idea of multi-unit franchise ownership – owning more

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]]> Buying a Franchise Equals Starting a New Business http://www.franchisenote.com/buying-a-franchise-equals-starting-a-new-business.html Wed, 16 Sep 2009 09:40:46 +0000 http://www.franchisenote.com/?p=405 Buying a franchise is not buying an established business. The fact is this: buying a franchise is ‘renting’ a proven system and established brand image – You can never, ever own the system and brand name (unless you own the franchise company.) Apart from the system and branding, the new franchise unit itself is, in

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]]> Franchise Ownership is Not a Job! http://www.franchisenote.com/franchise-ownership-is-not-a-job.html Wed, 09 Sep 2009 03:21:26 +0000 http://www.franchisenote.com/?p=304 Franchise ownership is one route to entrepreneurship and financial independence, provided you buy a franchise with the right knowledge and mindset. Unfortunately, for the sake of seeking new franchisees, some franchise opportunity offers are simply misleading, even degrading. Here is what I found searching on Indeed for the term “franchise opportunities jobs“: While some job

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]]> Franchise Ownership is One of 7 Most Overrated Businesses http://www.franchisenote.com/franchise-ownership-is-one-of-7-most-overrated-businesses.html Tue, 08 Sep 2009 03:22:16 +0000 http://www.franchisenote.com/?p=299 I stumbled on an article on Yahoo! Small Business, that (again) put franchise ownership as one of 7 most overrated businesses. Kelly K. Spors and Kevin Salwen, the article writers, have conversed with small business experts to identify the overrated businesses. Other than franchise ownership, the other six are: Restaurants, direct sales, online retail, high-end

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]]> 7 Reasons Why You Should Consult A Franchise Consultant Before Buying a Franchise http://www.franchisenote.com/7-reasons-why-you-should-consult-a-franchise-consultant-before-buying-a-franchise.html Fri, 04 Sep 2009 14:29:19 +0000 http://www.franchisenote.com/?p=270 Buying a franchise is not a simple task these days – With virtually hundreds, if not thousands, franchise opportunities present, choosing some, let alone one, opportunities that you are interested in is trivial. You need help – You need the services of a franchise consultant. A franchise consultant can offer you expertise and guidance from

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]]> Franchise Ownership Myth: The 95 Percent Success Rate http://www.franchisenote.com/franchise-ownership-myth-the-95-percent-success-rate.html Thu, 27 Aug 2009 10:10:48 +0000 http://www.franchisenote.com/?p=193 I just read an article posted by Joel Libava (The Franchise King) about not including buying a franchise as a backup plan after someone is being downsized. Unfortunately, I do heard stories of people who put buying a franchise in the top list of what-to-do-after-you-are-being-downsized – I agree with Joel: Franchising is not for everybody.

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]]> Is Your Franchise Unit Another Job For You? http://www.franchisenote.com/is-your-franchise-unit-another-job-for-you.html Sat, 22 Aug 2009 15:01:43 +0000 http://www.franchisenote.com/?p=146 You fed up working for others and have called it quit. With your cash in hand, you set your sight focused on a mission: being a successful entrepreneur. You revved up, and despite of all the worries and negative comments on you quitting your job, you are start looking for a business to invest in,

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]]> Absentee Ownership in Franchise: A Win-Win Solution for Both Franchisor and Franchisee http://www.franchisenote.com/absentee-ownership-in-franchise-a-win-win-solution-for-both-franchisor-and-franchisee.html Thu, 13 Aug 2009 15:50:57 +0000 http://www.franchisenote.com/?p=33 A conventional wisdom on franchising says that absentee ownership is not ideal in running franchise units; Therefore, most franchises offer franchising opportunities that do not allow absentee ownership. Perhaps they should think about allowing absentee ownership, as it presents a win-win solution for both franchisee and franchisor. Absentee ownership means owners who are not physically

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