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Franchise Manuals: Documenting Your Business for Franchising

MSA Worldwide

While you may have heard that franchises require Operations Manuals , documentation may be a task that you imagine confronting “sometime in the future” – after that dental surgery, a trip to the Bahamas, or hiking Kilimanjaro, for example. This is often combined with the above Local Marketing Manual.

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How can I find out the financial performance of franchises?

MSA Worldwide

The reason for this is that close to 70% of all franchisors choose not to include any sales, costs, or other unit financial information in their disclosure documents and, the only way they are legally allowed to give you that information is in those documents. Often these are based upon some sales performance requirements or level.

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Exit Planning: Building Your Franchise for a Successful Future Sale

Spring Green Blog

You’ll Run a Better Business Today The steps that make a business more sellable—documented processes, strong management teams, and steady profits—also make it more enjoyable and profitable to run right now. However, how you implement those advantages in your local market ultimately determines your exit value.

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Exit Planning: Building Your Franchise for a Successful Future Sale

Spring Green Blog

You’ll Run a Better Business Today The steps that make a business more sellable—documented processes, strong management teams, and steady profits—also make it more enjoyable and profitable to run right now. However, how you implement those advantages in your local market ultimately determines your exit value.

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Should franchising in the UK be regulated or self-regulated?

Franchise World

These laws regulate the franchise sales process, the content of the franchise agreement and some require that the documentation be filed on a public register. Cost The compliance burden of disclosure documents, registration and annual updates can make deals unviable. What are the main challenges for regulation?

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The Top Mistakes First-Time Franchisees Make and How to Avoid Them

The Franchise Consulting Company

Research the industry the franchise operates in to assess its potential for growth, current market conditions, and any external factors that could impact your business. Review the Franchise Disclosure Document (FDD): The FDD is a legal document that provides detailed information about the franchise opportunity.

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The Consequences Of Failed Franchisees For Franchisors.

SA Franchise Brands

The Consumer Protection Act which regulates the franchise sector in South Africa, compels franchisors to include all failed franchisees during the past thirty- six months in their Disclosure Document which prospective franchisees must receive fourteen days prior to signing a franchise agreement.