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March 2022 Newsletter
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Franchising is a fantastic way to expand your business relatively quickly and at a greatly reduced cost. It is a sophisticated way of attracting both capital and people who pay you for the privilege of operating your business under your brand.
Forging an effective franchisor-franchisee relationship is the key to most successful franchises, but it can get lost in
all the other aspects of running a franchise. We’re going to outline exactly why your franchisee-franchisor relationship should be a top priority and share our best tips for creating a strong one.
The business principle of franchising seems to have been around since man started trading – the very word ‘franchising’
is derived from an old French word meaning ‘privilege’ or ‘freedom’ and is linked to the granting of licenses to collect taxes for either protection, goods or for utilities.
Franchises are complicated business models, and tensions can arise if you’re not careful. In this article, we look at
five of the most common causes of franchise conflicts and how they can be avoided.
Man’s trusting and often gullible nature is at the core of why prospective business people are often scammed by
fly-by-night franchises. Judging by reports in the media of numerous scams offering
