What you Must Know to Franchise your Business

If you own a unique business and expansion is on your horizon, you may be wondering how you can franchise your business. In today’s competitive marketplace, you have to look at the best methods available for expansion at the lowest cost. Franchising your business offers a perfect blend of being able to open more locations quickly without the need to incur the cost on your own. A franchise system allows you to expand your operation through the use of someone else’s capital and all without incurring additional responsibilities or risk.

 

Clearly, the option to franchise your business is a viable solution when you wish to expand rapidly, but before you can get started as a franchisor, there are a few things you need to know. For instance, you must understand what you need in order to develop a successful franchise program. Although it is not technically a necessity, a solid and successful prototype can demonstrate the possibilities of your business idea to prospects.

 

A documented system that demonstrates the way in which the business should ideally operate is also an important element when you franchise your business. This might include a franchise operating manual that covers matters such as startup, office procedures, marketing and even personnel management. Basically, it should include everything you have used in your own business model to make it the success it has become. Another valuable asset of any successful franchise program is a trademark that is patent protected. This serves as a representation of the brand and can protect your entire enterprise as you franchise your business.

The Right Template can Protect your Franchise System

Once you have all of the critical ingredients to a successful franchise system in place, it is time to sell it. In order to sell your concept you are going to need a template for doing so.

 

While it is possible to franchise your business with a franchise template that you might find online, once you begin to carefully examine these templates you will find they lack several important elements. Many are generic and simply do not offer the level of legal protection you need when franchising.

 

The opportunity to franchise your business is an exciting and important endeavor. It is crucial to make sure you have all of the most important elements covered. A legal franchise agreement that is specifically designed and written to franchise your business will help to provide protection for you and your business as well as your franchisees. Covering all of the legal basics is one of the most important things you can do when you franchise your business.

 

Can I Franchise My Business Basics, what you need to know to start franchising now!

You may be asking yourself, Can I Franchise My Business?  Of course you can, nearly any business will work as a franchise.  The most important factor is to create a successful business plan.  So instead of asking yourself, Can I Franchise My Business, put your efforts toward moving your plan forward.  How might you do this, it’s simple, create a franchising business plan.  To create a franchising business plan it’s best to choose a franchising consulting service that offers a complete package.  The number one source for “Franchising My Business” is FranZoom, our team provides many years worth of franchise development, marketing, and sales experience.  At FranZoom we also offer a comprehensive template package containing all the necessary templates needed to keep you organized and on track for successful franchising.

 

Once you’ve put together a business plan you’ve taken the first step towards proving, not only to yourself, but to others that you’re on your way to becoming a successful franchisor.  You may also come across other’s who are also asking themselves, Can I Franchise My Business.  Wouldn’t you like to be in a position to help answer that question for them yourself?  To become a successful franchisor you need to have a business others would be interested in buying into.  One way to do that is to prove that your franchise maximizes profits and has the potential to be successful, not only for you, but for them also.  If you can’t prove that a steady stream of income is possible for other’s that want to “Franchise My Business” then it will be difficult to convince potential buyers of the benefits of your franchise.

 

Entice Potential Franchisee’s with Proven Financial Returns

Potential investors who are looking to buy-in to a franchise are looking for guaranteed financial returns on their investment.  Are you still asking yourself, “Can I Franchise My Business?”  You might, but if you keep good records and are able to show your potential investors that purchasing a franchise from you is a good investment you’re more than half way there.  That’s why is very important to use business materials that can will be most effective for your business, as in the different packages and templates offered by FranZoom, utilizing their tools will ensure your business meets all regulations and policy, and keep you on track with your business organization.  With FranZoom’s franchising packages there’s no need to ever ask yourself, “Can I Franchise My Business?”

Knowing Which Franchise Regulations Affect Your Business is Key to Successful Franchising

The Federal Trade Commission governs all regulations and rules as they pertain to Franchise Regulations.  As you seek to invest in a franchise, it would be in your best interest to visit the Federal Trade Commission website at www.ftc.gov to review all Franchise Regulations as they pertain to Franchise Ownership.  Common Franchise Regulation rules and reviews, publications and disclosure requirements, risks and fraud statutes, and alerts and frequently asked questions can all be found under the Franchise and Business Opportunity Rule at the following URL: https://www.ftc.gov/bcp/franchise/netfran.shtm.  You will also find quick access to checklists and tips on what to look for when trying to determine if a particular franchise you’re interested in adheres to Franchise Regulations set forth by Federal and State Guidelines.  The number one source for franchising your business is FranZoom, our team provides many years worth of franchise development, marketing, and sales experience.  At FranZoom we also offer a comprehensive template package containing all the necessary templates needed to keep you organized and on track for successful franchising.

 

It’s important to keep in mind that one of the most significant determining factors that might affect you as you seek Franchise Ownership are the different State Disclosure Requirements that pertain to Franchise Regulations.  Here you will find that in the United States there are 15 states that uphold additional Franchise Investment Laws.  The reason this is significant to Franchise Regulations is that within these 15 states franchisors are required to provide potential purchasers with a pre-sale disclosure, which is also known as an “offering circular”.  Potential franchise owners would be wise to contact their state franchise law administrator offices for additional information on franchise regulations.

How the Federal Trade Commission Affects Franchise Regulations

Don’t just visit the Federal Trade Commission website once, visit often, do your research and take your time when deciding on how to best invest your money.  One reason that warrants frequent visits to the website is that the FTC is continually trying to improve Franchise Regulations, and in doing so frequently releases information to the public for public hearing and comment before they either enter a ruling or change a regulation.  For instance, the FTC might propose that Franchise Regulation amendments be made to address changes in the marketing of franchises, such as international franchise sales and sales through the internet.  This particular topic could affect the way you do business and affect your wallet if the franchise you have in mind does a large percentage of business on the internet.

 

When considering franchise ownership, Franchise Regulations should always be your top priority.  Keep abreast of Franchise Regulation additions and changes as they could either have a positive or negative effect on your business.  So do your research and choose a consulting firm that provides you the most comprehensive template package, like FranZoom, because it’s up to you to invest your money wisely.

 

How franchisors can convert daunting long hours of work into efficient and enjoyable working day!

• Franchise Operations Manual Template
• Franchise Disclosure Document (FDD) Template
• Existing FDDs & UFOCs Database
• Franchise Agreement Template

How franchisors can convert daunting long hours of work into efficient and enjoyable working day!
Any franchisor is supposed to be on top of their game all of the time. There are so many issues to address and problems to tackle that there is hardly any time left for the things that are really important. Most franchise owners work long hours, day in and day out and are hardly able to cover all aspects of the business.
Franchise startups face even bigger challenges as they are not so experienced. Any startup franchise has to establish their company policies and procedure and to put in place hundreds of paperwork and documentation before opening for business. Luckily there is something that can help you forget about this situation – Franchise Tools and Resources Kit.
What is FranZoom Franchise Tools and Resources?
Our Franchise Tools and Resources package is a kit, specifically designed to meet the growing needs of franchisors for information and practical advice. The package contains information and resources covering fundamental aspects of franchising. Unlike other similar products, Franzoom’s Franchise Tools and Resources kit provides ready to use solutions rather than tons of information about things you may need to do in theory. This unique product suits the needs of franchises working in various industry niches and is a must have for anyone seriously looking to establish a successful franchise operations.
What is included in the kit?
Franzoom’s Franchise Tools and Resources kit can help you tackle some of the most important aspects of franchising:
•    Financing. Startup franchises can greatly benefit from the practical advice about how to obtain SBA loans.
•    Franchise laws and regulations. Stay up to date with the Federal and state franchise laws and regulations. Find the information that directly concerns your business in minutes an skip the expensive services of attorneys or other legal consultants.
•    Your franchise documents. Franzoom’s Franchise Tools and Resource kit contains customizable franchise document templates as well as all commonly used forms you will ever need. Forget about spending long hours just trying to get these done as now you can have them ready in few minutes.
•    Intellectual property. Learn how to manage and protect your intellectual property rights.
•    Franchisee inquiry request form. Knowing which potential franchisees are right for you is one of the keys to success in franchising. Our special franchisee inquiry request form will help you select potential franchisees faster than any other tool.
•    And more. There are much more great tools included in the package. They all cover crucial elements and aspects or franchising and are developed to save your time and money and to help you establish smooth and trouble free operations.
All of the documents and templates provided in the package are prepared by expert franchise professionals with many years of experience in franchising. They are reviewed by franchise attorneys and are 100% FTC certified.
Free sample Franchise Tools and Resources kit is available for download – click here!

A must read for anyone interested in setting up a prosperous franchise business

A must read for anyone interested in setting up a prosperous franchise business
Have you ever thought about setting up a franchise? Probably you have considered franchising your existing business? Whatever the case, our Underground Guide to Franchising is the guide you simply cannot afford to miss!
One of the top reasons why entrepreneurs and business owners are reluctant to even consider franchising is because they feel overwhelmed by the scope of the whole operation. Indeed, starting a franchise or franchising a running business requires knowledge and experience. Understanding the franchise model, learning how to set up a franchise company from a legal point of view or how to establish your franchise fees and royalties can take a lot of time, or, in the best case scenario, thousands of dollars in consultation fees. The good news is that this is no longer the case.
Our Underground Guide to Franchising is written by experienced senior franchise professionals and reviewed by expert franchise attorneys. It is a standalone manual designed to answer all your questions and to teach you how to establish a successful franchise and how to keep it successful for the years to come. One of the most valuable features of the Guide is that it is written in an easy to understand language – you do not need to be a business CEO to understand it!
What you can expect from the Underground Guide to Franchising
The Underground Guide to Franchising covers all aspects of franchise business. It explains what franchising is and what the main concepts of franchising are. Real life examples are included to help you understand the advantages and disadvantages of franchising. The Guide can assist you in evaluating the possibility of franchising your business and prepares you for being a franchisor. There is a lot of practical advice and ready to use formulas that can help you develop a strategic plan – from determining your franchise fees to planning the number of employees you will need in 5 years. In addition there is huge section dedicated to marketing and franchisor-franchisee relations – two aspects of franchising that would require you to pay hundreds if you would to hire a franchise consultant.
Probably the most valuable part of the Underground Guide to Franchising is the chapter dedicated to legal issues. There is a federal franchise law and state – specific franchise laws as well as many regulations every franchisor must take into consideration. You can save hundreds from attorney fees just by reading the Guide as all legal aspects of starting and operating a franchise business are covered in details. This is not the regular hard to understand legal mumbo-jumbo – all legal stuff is explained in an easy to understand way. There is also a very useful chapter about financing that provides practical advice about how to get approved for SBA government loan.
The Underground Guide to Franchising is inexpensive and a real value for money. You can download a free sample and see for yourself – click here.

Create your franchise operations manual in no time using our top notch template!  

Create your franchise operations manual in no time using our top notch template!

The franchise operations manual is the backbone of every franchise operation. It is often called the bible of franchising. This document covers every single aspect of the franchise business, states and governs the execution of the company’s policies, sets standards for all of the company’s procedures. It protects company’s trademarks and brands, clearly states termination and renewal policies, outlines the obligations and responsibilities of both the franchisor and the franchisee, and more. A well written franchise operations manual is definitely the key to achieving success as franchisor.
The actual preparation of a franchise operations manual is a serious task. Not only that the document must cover in details a lot of different topics related to the business, but it must be written in compliance to Federal and state franchise laws. Even though drafting a franchise operations manual seems simple, there are many issues every franchisor need to address in order to avoid liability. For a non professional, the development of this important document can quickly turn into a nightmare or at least into a significant expenditure.

How you can benefit from FranZoom’s Franchise Operations Manual Template

The difficulties that usually accompany the preparation of a franchise operations manual can be easily avoided simply by using FranZoom’s Franchise Operations Manual Template. It is a unique document, prepared by experienced franchise specialists and reviewed by certified franchise attorneys. The Template is completely compliant to all Federal and state franchise laws and regulations and is 100% FTC certified. Using the Template as foundation for your own operations manual will not only save you endless hours of hard work, but will save you huge consultancy and attorney costs.

Unlike other similar products, developed by professionals for professionals, our Franchise Operations Manual is developed by professionals for everyone starting or franchising their existing company. There are no complicated legal terms and all instructions are written in a straightforward, easy to understand manner. In addition any specialized franchise terms and concepts that must be part of the document are explained in a way that people with no previous franchise experience can comprehend without any problems. Special sticky notes follow every step of the Template to make its customization effortless.
FranZoom’s Franchise Operations Manual Template is developed in a way that it can suit franchises working in different industry niches. It can be easily adjusted to suit the needs of retail or service companies as well as any other franchise company type.
Our Template is a great tool, valuable to franchise startups looking for an affordable solution to meet their needs as well as to franchises with established businesses looking for a simple way to update their franchise operations manuals.
A free sample copy of the Franchise Operations Manual is available  click here.

How to get a professionally written franchise agreement in a couple of hours?

How to get a professionally written franchise agreement in a couple of hours?
The franchise agreement is one of the basic documents governing the relationship between franchisors and their franchisees. The agreement outlines the obligations and rights of both the franchisor and the franchisee: it will describe in details how every business operation should be executed, what training will be provided to the franchisee, what ongoing support will be available, what will be the costs (if any) for training and/or support, information about territory and exclusivity, how intellectual property materials must be handles, what will be the initial and ongoing franchise fees and royalties, what is the duration of the contact and the rules for renewal and termination. Since any franchise agreement has legally binding effect, it must be legally bullet proof so that franchisors can avoid any problems in the future.
Obviously preparing a franchise agreement is a challenging task. To make things worse, any franchisor must take into consideration Federal and state laws when developing their franchise agreements.
How FranZoom Franchise Agreement template can help you?
Usually agreement templates are not very helpful because of the specific terms, conditions, and methods of operations of various franchises. FranZoom has developed a unique Franchise Agreement Template solution. Unlike most similar products available at the market, our Template is created in a way so it can suit franchises working in any industry niche.
FranZoom’s Franchise Agreement Template is developed by experienced franchise professionals. It contains all of the information a franchise agreement must contain and it is structured and formatted as per federal and state requirements. The Template is delivered in an easy to customize format and there are easy to understand instructions at every step of the way, explaining what needs to be done for the template customization. Special “sticky-notes” point out the elements of the agreement that need extra attention. All of the guidelines included in the Template are written in easy to understand manner and any legal or specialized terms are explained separately so that any guess work is avoided.
Normally you will need to get your agreement reviewed by a legal consultant and pay hundreds just for a short consultation. Using our Template this will not be necessary as it is already reviewed by certified franchise attorneys to make sure it complies with all current Federal and state franchise laws and regulations.
FranZoom Franchise Agreement is an affordable solution for both startup franchises and franchises operating for many years. New franchise owners will find it is a great hassle free tool that can help them prepare their first agreement. Franchise owners can use the Template to check if their existing agreements cover the aspects of their business that need to be covered. They can also use the Template when updating franchise agreements.
A free sample Franchise Agreement Template is available – click here!

Things to Consider in a Franchising Agreement

The importance of a franchising agreement as a legal document cannot be overstated. It is the most important legal document that both franchisor and franchisee have to sign. The underlying focus of this document is to bind the franchisee to follow specific instructions that are given by the franchisor. Most of the franchisors try to put concise and detailed guidelines in this document and franchisees try to make the instructions as much flexible as they can. So, a franchising agreement is in fact a place of give and take for both parties and for this reason it becomes the focal point of their attention.

There are certain things that you need to consider while working on a franchising agreement:

• There are some terms in the agreements which are not negotiable at all. However you can take a good look on the terms and conditions to figure out anything strange about them.
• The franchisors have the right to impose restrictions on certain brands that franchisees cannot sell in the franchise.
• A special clause in the franchising agreement makes it sure that proper advertisement of products and services is maintained by the franchisees. However you can negotiate the percentage of advertisement that you can held responsible for.
• Termination of contract under severe negligence is also mentioned in the document.
• Under the clauses of franchising agreement, you can even decide about the terms and conditions related to the future transfer of the franchise to another party.
• To fully grasp the matter it is usually recommended to go for an attorney. However now a Franchise Operations Manual is available which is prepared by expert attorneys for the convenience of franchisors and franchisees.
• Moreover you can quickly prepare the related FDD document with the help of Franchise Disclosure Document (FDD) Template. This template comes with fully customizable Microsoft Word format document.

How to Learn Franchising Basics Quickly

Franchising has seen a new boom in the world market and large businesses have found it to be a good way to expand their businesses. There is a growing trend of getting familiar with the franchising basics in this competitive world. By opening more franchises businessmen can expand their business beyond their personal capabilities.  Opening up a franchise is not rocket science and you can learn franchising basics through a well prepared manual. Once you will learn how to deal with the inner operations of franchises then you will not depend on an attorney to prepare your legal documents.

Let’s start with some franchising basics in a quick go:

• Franchisers authorize franchisees to use their brand name and product/service in return of franchising fee and royalties generated by the products and services.
• Both franchisors and franchisees have to sign franchise agreement to commence their joint venture. All the key terms and conditions are mentioned in this agreement and it is considered to be the most powerful document of the whole deal.
• The franchisors are liable to provide all the initial support that sustains the business in the early days. It is mandatory for the franchisors to learn few franchising basics before signing the franchise agreement.
• A franchisee plays an equal important role in the advertisement of the brand they are using. All the details regarding advertisements are mentioned in the agreement.
• To learn more about franchising basics you can consult a superbly prepared Franchise Operations Manual. This manual elaborates all the basic terminologies and presents all the instructions to commence your franchising activities.
• As a franchisor you will need to prepare Franchise Disclosure Document. This document contains 23 categories and you can prepare it by downloading Franchise Disclosure Document (FDD) Template for very cheap rates. This template can increase your knowledge about the franchising basics dramatically.

Learn About Important Elements of Franchise FDD

It is really next to impossible to avoid government’s intervention in the successful closure of a business deal. How can we understand the impact of regulations imposed by the government? What steps can franchise buyers take to protect their businesses by learning about Franchise FDD? We have summarized all the key issues involved in making sound decisions about these questions in this article!

Franchise FDD significance for the Franchising Investor

There are certain factors that play vital role in the success of a business. These factors include the location of an outlet, the customer service and many other important issues. How does Franchise FDD fit in to this scenario? Well, first of all it is mandatory for every franchisor to provide these documents to the franchising investor moreover ample amount of information is delivered with this channel. But the potential buyers should not make decisions solely based on these documents. Other options remain open for buyer to verify the claims made in these documents.

How to Proceed with Franchise FDD?

Government laws protect the buyers against any mishap during the business deal. However regulators and government authorities are not directly involved in the business and for this reason they are not aware about the minor subtleties of business dealings. You must read the Franchise FDD with care. If you find anything suspicious then you should go for an experienced franchise consultant immediately. These consultancy companies offer all the major solutions for the common problems faced by the buyers and sellers. However you will have to pay a large amount of sum so that the consultancy companies go through all the details.

Lawyers play an equally important role if anything in the Franchise FDD seems to be doubtful. Moreover if you are a seller and want to really speed things up with a quality Franchise Disclosure Document (FDD) Template then you can avail this opportunity for very decent rates. A Franchise Operations Manual can do wonders for your business and reduces the amount of time spent on all the hectic associated jobs!

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