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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.

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Expert Franchise Guidance For Strategic Growth

FMS Franchise

This is where expert franchise guidance truly shine brightest, as consultants guide you through creating all essential components of a professional system. These professionals become instrumental in developing the cornerstones of your franchise offering, beginning with the Franchise Disclosure Document (FDD).

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MSA Worldwide’s response to the FTC’s Request for Information on franchise agreements & franchise business practices

MSA Worldwide

The Regulatory Landscape With its adoption of 16 CFR Part 436 (the Federal Trade Commission’s Franchise Rule), the Commission has played an integral and beneficial part in franchising by mandating that franchisors prepare and present to prospective franchisees a prescribed disclosure document (the Franchise Disclosure Document).

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How Long Does it Take to Franchise Your Business?

MSA Worldwide

Assuming you have intelligently (and legally) primed the pump while you were developing your franchise system, and have a queue of people who are ready, willing and able to become franchisees, you will first need to provide them with the necessary franchise disclosure documents.

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Top Ten Reasons to Invest in a Franchise

MSA Worldwide

One of the benefits of franchising and pre-sale disclosure is that you can determine in advance what you are getting before you make the investment. Based on the experience of the franchisor and with their support, franchisees can develop professional business plans for leasing companies and other lenders.

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Default and Termination in a Franchise System

MSA Worldwide

This does not lessen in any way the requirement that they meet their obligations under the franchise agreement. Let’s start with the basic notion that there would not be a noncompliant franchisee if the franchisor had not allowed that person to join the system in the first place. What were the initial expectations?