I frequently run into business people who think their business is ready to start offering Franchises. I also find some who feel strongly that licensing their business..like starting a chapter of a social networking group in another city and receiving funds from that group…is not franchising…geez. Where do these people get their information?
Get Help Before It Is Too Late
Many small business people see things happening around them but seldom look to ask why it is happening. They see the Mc Donald’s and Ace Hardware stores and think..wow, I could do that with my business.
There is a lot that goes into making a business ready to franchise or licensing. Unfortunately, many people avoid the people who really can give them the best advise…a franchise attorney.
Here are the Top Myths of Franchising listed recently on the Texas Franchise Lawyer’s blog site..check it out.
Myth #1 Franchises offer a better chance for success than starting your business on your own.
Myth #2 Franchisors know more than you do about running a business.
Myth #3 A franchise business has been tested and proven successful or it can’t be franchised.
Myth #4 A trademark gives your business extra strength in the market and a better ability to compete.
Myth #5 You don’t have to work as hard to start and run a franchise as you do an independent business.
Get some advise before you are forced to get help bailing yourself out of a problem. Let me know how I can help.
