It is crucial for franchisees to understand the importance of territory pre-planning when working with franchisors before they head into a new market. It is an easy-to-avoid mistake for a franchisor to divide up a city by districts or even blocks with little regard...
It is a cliché that the three most important things in the property's desirability are location, location, and location. This is not entirely true, but it does emphasize the point that the right site for a business can be the difference between a successful ongoing...
Buying a franchise involves certain risks. It is not as chancy as a start-up because hopefully there is name and brand recognition as well as business guidance and an established product or service. But there are still specific business issues to consider before...