Investigating a Franchise Opportunity – How a Little Detective Work and the Law can Help

CaronBeesley — Thu, 28 May 2009 11:48:38 GMT

How do you know when you’ve found the right franchise for you? Well, you'll need to do some detective work. The franchise sector is regulated by the Federal Trade Commission (FTC) and, in light of this, the government provides some useful resources and advice designed to help prospective franchisees evaluate and buy a franchise, while avoiding common scams. Here is a summary of what the law requires to help you assess a franchise opportunity, as well as steps you can take yourself to assess a franchise opportunity:

Re: Investigating a Franchise Opportunity – How a Little Detective Work and the Law can Help

michaelhartzell — Sat, 20 Jun 2009 22:19:52 GMT

Exellent! I will bookmark and refer others. Thank you for this.

Mike

Re: Investigating a Franchise Opportunity – How a Little Detective Work and the Law can Help

fatbikez — Wed, 19 Aug 2009 11:49:00 GMT

One Word for a Good francise. MCDONALDS!

you can't go wrong with Mcdonalds as hard as you try!

Re: Investigating a Franchise Opportunity – How a Little Detective Work and the Law can Help

dont — Wed, 19 Aug 2009 14:00:42 GMT

@fatbikez: So you're saying, we shouldnt go with any other franchisee??

I'd say research a little online because web can do wonders in finding information for you!!

Jay M

Aftermarket Journal.com

Message Edited by NicoleD on 09-08-2009 11:45 AM

Re: Investigating a Franchise Opportunity – How a Little Detective Work and the Law can Help

robert007 — Thu, 20 Aug 2009 03:31:29 GMT

Great article, I would be interested in franchise that has anything to do with online marketing, I am looking for such investment

Birmingham Escort Agencies

Manchester Escort Agencies

Message Edited by NicoleD on 09-08-2009 11:44 AM

Re: Investigating a Franchise Opportunity – How a Little Detective Work and the Law can Help

forester1985 — Sun, 30 Aug 2009 06:54:26 GMT

francise is the one kind of bussiness line that has a lot of advantages..... if you have a will..... i'm sure that you will success ... you can reach the McDonal level of marketing....

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Re: Investigating a Franchise Opportunity – How a Little Detective Work and the Law can Help

EngagementRing — Sun, 06 Sep 2009 01:11:55 GMT

Any person considering starting a business should also be aware of the fact that it can take a considerable commitment to make it succeed. Many business owners can work as much as 12-16 hours a day to get it started. Don't ever go in to business for yourself unless you are able & willing to make the commitment that is necessary, no matter what it takes.

Re: Investigating a Franchise Opportunity – How a Little Detective Work and the Law can Help

santamaria — Sun, 06 Sep 2009 17:00:20 GMT

Hello! I do not see a condition of use of the information. Whether it is possible to copy the text written by you on the site if to put the link to this page?

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Message Edited by NicoleD on 09-08-2009 11:44 AM

Re: Investigating a Franchise Opportunity – How a Little Detective Work and the Law can Help

CaronBeesley — Sun, 06 Sep 2009 20:38:53 GMT

santamaria - see this link for info about use of the copy http://www.business.gov/about/policies/

Re: Investigating a Franchise Opportunity – How a Little Detective Work and the Law can Help

kaito78 — Tue, 08 Sep 2009 08:00:32 GMT

I wish I was this thorough when i bought my franchise years ago.

I lost money and wasted a good year of my life. I guess I was lucky enough to be able to walk away after one year.

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Message Edited by NicoleD on 09-08-2009 11:45 AM

Re: Investigating a Franchise Opportunity – How a Little Detective Work and the Law can Help

philly387 — Thu, 10 Sep 2009 18:18:35 GMT

I have to agree with the McDonalds franchise comment. There is no going wrong there!

Believe it or not, there are many cities that could still use a McDonalds due the cheap cost to customers. It is cheaper eating at a McDonadls than eating at home most of the time!

Matt

Term Papers

Re: Investigating a Franchise Opportunity – How a Little Detective Work and the Law can Help

Miranda1972 — Tue, 15 Sep 2009 11:36:21 GMT

Thank you very much for hotline phone. However, it is more useful to know the names of people who have bought the franchise licence of the particular company. Or detective companies who work in searching of such an information.
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Re: Investigating a Franchise Opportunity – How a Little Detective Work and the Law can Help

stranger — Tue, 15 Sep 2009 12:50:10 GMT

As economic growth in 2000's there were many business opportunity, one of was frachise. Franchise can be new model of trading. In common trade, if we open new business we must set up everything from the beginning until it will ready. In franchise we son't need that, cause there are management will setup everything, but we must pay for that. So it really need to think which franchise can be profitable. We should analyze this before do the action.

Message Edited by ZanetaB on 09-15-2009 10:28 AM

Re: Investigating a Franchise Opportunity – How a Little Detective Work and the Law can Help

holland405 — Thu, 17 Sep 2009 14:33:24 GMT

Very interesting article, was a good read. Thanks.

Message Edited by ZanetaB on 09-17-2009 01:34 PM

Re: Investigating a Franchise Opportunity – How a Little Detective Work and the Law can Help

blietzkrieg — Wed, 23 Sep 2009 15:51:03 GMT

Wow! Very exellent. I'll tweet this one for others to read. This could help alot.

Business is really a big thing.

blietzkrieg

Message Edited by ZanetaB on 09-23-2009 11:52 AM

Re: Investigating a Franchise Opportunity – How a Little Detective Work and the Law can Help

London_DJ — Wed, 30 Sep 2009 13:27:55 GMT

Very usefull atricle definatly key facts and advice for the new busness.

London mobile DJ

Surey Mobile DJ

Message Edited by NicoleD on 09-30-2009 11:07 AM

Re: Investigating a Franchise Opportunity – How a Little Detective Work and the Law can Help

Sydney — Sat, 03 Oct 2009 14:49:47 GMT

Information just at the right time. I have been investigating this recently. This site is great for advice and helpful information.

Sydney

Message Edited by ZanetaB on 10-05-2009 11:34 AM

Re: Investigating a Franchise Opportunity – How a Little Detective Work and the Law can Help

m6net — Tue, 06 Oct 2009 15:15:08 GMT

Very informative! Thanks for sharing!

Regards,
Michael Guilfoyle

SQL Server on Windows Hosting

Message Edited by ZanetaB on 10-06-2009 11:40 AM

Re: Investigating a Franchise Opportunity – How a Little Detective Work and the Law can Help

jefftomczak — Sat, 10 Oct 2009 19:55:04 GMT

McDonald's was my first job in 9180 and still a good franchise opportunity today, but the pre-conditions make it almost impossible to own one. You must have a LARGE amount of cash already and as with almost all stong franchises, they want to see that you are already successful in other areas of your business life.

Franchises like Chick-Fil-A offer a franchise opportunity for only $5,000 investment. So, unless you have several hundred thousand dollars in cash and/or collateral don't think that you can just plop down $1k and own a multi-million dollar franchise.

Remember that you will also be required to be an owner-operator and not have other interests. They want to see that their franchisees are working hard at their company and not just letting the "kids" run the place.

Large companies like McDonald's and Chick-Fil-A also have territories blocked off so that some expansion is prohibited to give other franchisees a "fighting chance" in their respective areas. Typically 5-7 miles between franchisees is not unheard of and sometimes the larger metro areas are "off-limits". You might have a better chance at a small-town, big-name franchise.

Jeff Tomczak

Show Your Colors Flag Company

1-800-437-3524

Message Edited by NicoleD on 10-11-2009 11:15 PM

Re: Investigating a Franchise Opportunity – How a Little Detective Work and the Law can Help

lloydsol — Mon, 12 Oct 2009 09:08:57 GMT

Very interesting read! Some very good points mentioned, thanks.

Message Edited by ZanetaB on 10-12-2009 10:22 AM