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2. Let’s first understand what it takes to be a Great Franchise System

MSA Worldwide

Five Attributes of Great Franchise Systems In our previous article we discussed how to become a franchisor, all that’s required is a Franchise Disclosure Document and someone willing to invest in your opportunity. This article, second in this series, examines the five attributes of great franchise systems. Sustainability.

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How Long Does it Take to Franchise Your Business?

MSA Worldwide

Depending on where you are located and the markets in which you plan to offer franchises, if you need to register your franchise in one of those states with the state franchise regulator, plan on an additional month. Expect up to 450-510 days before your first franchise is open for business and starts to pay you royalties.

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How They Mislead With Item 19 (DonutNV Example 1)

Unhappy Franchisee

According to the FTC, “The FTC’s Franchise Rule permits a franchisor to provide information about the actual or potential financial performance of its franchised and/or franchisor-owned outlets, if there is a reasonable basis for the information, and if the information is included in the disclosure document [in Item 19].”