Kathy Hill is a successful business woman who in 2002 founded Tax Tiger, a tax representation firm. I met Kathy when she decided to franchise her business five years ago; her incredibly strong faith was obvious from our first conversation. Kathy … [Read more...]
THINK FRANCHISING IS EASY? THINK AGAIN!
Running a franchise company is not all that difficult, but it is not easy. When you franchise your business, you need to be prepared for a big change. If you tend to be a resilient kind of person, you will find it exhilarating and fun; however, if … [Read more...]
True or False? Most Common Franchising Myths
Many people hold some erroneous beliefs about franchising which can mislead them and create a lot of unnecessary pain. Myth 1: If I franchise my business I will make tons of money. Yes, there is a good probability that franchising a … [Read more...]
Are You Ready To Franchise? If Not, What Can You Do Now?
You want to grow your business. You believe franchising is the way to go but have learned that you are not quite ready yet. Is there anything you can do to get ready? Step 1 -- Am I ready? The first thing you need to do is to find … [Read more...]
Is the Name of your Business Protected?
Many people mistake obtaining a domain name as protecting the name of their businesses. Others believe that having a business license in the name of the business protects them. Unfortunately these can be costly misconceptions if you ever decide to … [Read more...]
Franchising – Federal (FDD) vs State Registrations
Franchising a business is not an inexpensive endeavour. One of the major contributors to its cost is the legal compliance required when franchising a business. The Franchise Disclosure Document (FDD) which replaced the Uniform Franchise Offering … [Read more...]