May 18, 2006

Tax Services Franchises Enjoy Unprecedented Success And Expansion

Filed under: Franchising — Administrator @ 4:47 am

Tax Services Franchises Enjoy Unprecedented Success And Expansion
Who likes income taxes? Tax preparation services, that’s who! Entrepreneurs who have successfully used the franchising business model to spread their brand across the globe are enjoying unprecedented success and expansion in 2006.

Chicken Franchise Industry Shows Strong International Growth
Fast food chicken franchising has come a long way from 1939, when Colonel Harlan Sanders introduced Kentucky Fried Chicken. Since then, brands like Church’s, Chester’s, and Popeyes have spread the gospel of fried chicken not only across the continent, but across the world. Fried chicken has become American as apple pie, and everybody wants a piece.

Costa is 'Franchisee of the Year'

Filed under: Franchising — Administrator @ 4:46 am

Costa is ‘Franchisee of the Year’
Concord Journal, MA - May 10, 2006 Concord native Danny Costa was named the “2005 Dunkin’ Donuts Franchisee of the Year” at the Dunkin’ Brands 2006 Global Franchisee Convention in Las Vegas.

How do you choose the right franchise from the start?

Filed under: Franchising — Administrator @ 4:46 am

How do you choose the right franchise from the start? by Jim Brown

Once you have decided a franchise is the right route for you, how
do you choose the right one? To choose the franchise that is
right for you and that will fulfill your business dreams, you
must know yourself, your skills, and your dreams and aspirations.
You must begin the process by analyzing yourself. You can start
by investigating into various industries that interest you. Once
you have narrowed down the choices to a few industries, study
your geographical area and determine if there is a market for
that type of business. If so, follow a research plan and begin
contacting the franchise companies that you believe have
potential in your area. Any reputable franchisor will send you
extensive information about their business at no cost.
After you receive this information, which is usually disclosed in
the offering circular (also known as the Uniform Franchise
Circular Offering or UFOC), you have to read it carefully. Read
between the lines and do your research. You can go to the
library, look online as well as in professional journals, trade
magazines, reference books, government publications, and annual
public corporation reports. Check with the Federal Trade
Commission (FTC), the state franchise authority, and the local
Better Business Bureau to see if there are any problems with the
company. You can also contact local chambers of commerce or
business development organizations and see if they can supply
information pertinent to you research. Try to determine if this
company is doing well in terms of its financial health,
management, reputation, and growth prospects.
After you have read the offering circular, ask the franchisor for
a list of franchisees that you can contact. Current franchisees
are a great resource and can give you detailed insight on how the
company is really doing, what to consider before and after you
get into the business, and other critical information. You should
visit franchise stores and corporate headquarters to uncover any
information that will help you make your decision. Assemble a
team of professional advisors, including a franchise attorney and
an accountant. They can help you answer technical questions and
will be a useful resource throughout the research process.
2002-03. GlobalBX. http://www.globalbx.com. All rights
reserved. Buy a Business or Sell a Business on GlobalBX. GlobalBX
is a free business for sale listing exchange that provides a
confidential forum to facilitate the buying and selling of
businesses with thousands of businesses and franchises for sale
as well as comprehensive business information for business buyers
and business sellers. Lists businesses for sale, business
brokers, and franchise opportunities.

About the Author
Jim Brown is Director of Marketing at GlobalBX,
http://www.globalbx.com. Buy a Business or Sell a Business on
GlobalBX, a free business for sale listing exchange that provides
a confidential forum to facilitate the buying and selling of
businesses with thousands of businesses and franchises for sale
as well as comprehensive business information for business buyers
and business sellers. Lists businesses for sale, business
brokers, and franchise opportunities.

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