Franchise Know-How
FRANCHISEE INFO
 
June 24, 2010 
 
Greetings!   
 
 We have articles and information for current franchisees and those looking to buy a franchise.
 
 Now you can see previous issues of Franchisee Info and select articles that interest you.
The Franchise Contract: Understanding the Personal Guaranty
 

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One of the most important provisions of a franchise agreement is the personal guaranty. It's important for prospective franchisees to fully understand the reason why franchisors require this covenant and what the implications are in the event the franchisee has problems. Keep this factor in mind, when performing the franchisor due diligence. 

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How To Choose A Franchise: 15 Questions to Ask
Before Choosing a Franchise
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 You'd like to go into business for yourself, and believe that the best way for you to become your own boss is to buy a franchise. You know it will takes time and money to be successful, and that's OK. But which franchise should you buy? Which makes the most sense for you?
 

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A Simple Way to Evaluate a Franchise Opportunity
  
 
 
  These simple guidelines can be used to begin an evaluation of an existing franchise opportunity. These guidelines also represent the foundation for building a franchise concept from an independent business. Follow this list to find important questions and attributes that you should consider when you search for a particular franchise. When you're finished, ask yourself if the franchise program passes the test.
Some Interesting Projections for the Year 2015
  • Those 65 and older will total 47 million, representing 1 in 7 Americans
  • Hispanics will total 58 million, representing 1 in 5.6 Americans
  • Asians will total 16 million, representing 1 in 20 Americans 
     Source: US Census Bureau
 
 Consider this information when purchasing or operating a franchise. 
We hope you find our newsletter helpful. If you have any comments or suggestions regarding content please send us an e-mail. 
 
 
Sincerely,
 
Ed Teixeira
FranchiseKnowHow
 
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