One of the benefits of buying a franchise is that there is often business guidance and support for launching the business. Nonetheless, there are some issues that the owner or franchisee should be mindful of before he or she signs a contract. This caution allows them...
Investors who buy a franchise should be wary of a franchisor’s guarantee of making a large amount of money quickly. Nonetheless, the franchisor may disclose information about potential sales and income known as an earnings claim or financial performance representation...
Even though recessions cause economic hardship in general, franchises are relatively resilient to the effects. According to Entrepreneur.com, economic downturns can even benefit franchisees. If you’re considering becoming a franchisee, here’s why 2020 might be an...
Much has been written about the plight of residential tenants who were unable to pay their rent during the shutdown. Less has been said about the business owners who had to let their employees go, modify their products and services in some way, or shut down with no...