30 Nov, 2018 - By Adam Goldman

Benefits and Challenges of Owning a Home-based Franchise

It’s raining outside and you’re late for a meeting. You’ve lost one of your shoes and the dog needs to be let out. This is when you think, “Wouldn’t it be great to work from home! I could call the client wearing my bathrobe and avoid traffic, long commutes, high gas prices and dry cleaning bills.” Is this just a fantasy? No! There are a number of home-based franchise opportunities available that will give you the freedom to call every day “casual Friday” and let you water your lawn while pitching your product. Although this may be the perfect opportunity for some people, it’s not for everyone. To see

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30 Nov, 2018 - By Adam Goldman

How Can You Determine if a Franchise will Work in Your Area?

Before New York Broadway producers bring a production on the road, they’ll test it in a few smaller cities to see if the humor or pathos translates well to different audiences. After all, not every town sees life in the same way as New Yorkers. A similar comparison could be made with franchised businesses. A concept that does extremely well in one location may not have the same appeal in a different part of the country. Let’s imagine you live in Raleigh. While visiting friends in Scottsdale you discover they are franchisees of a business that provides landscaping to residential clients. They are doing very well

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30 Nov, 2018 - By Adam Goldman

How Much Money Can I Make?

Let’s say you are considering the purchase of a franchise. During the investigation process, you ask the franchisor how much money you can make. His answer is that he can’t tell you. Is he lying? Not exactly. The early history of franchise sales in the United States contained many instances of abuse when unjustified or misleading earnings claims were used to sell franchises. In 1979 the Congress passed legislation authorizing the F.T.C. to regulate the franchise industry to try to stop any such bad practices. The current F.T.C. rules do not forbid a franchise company from supplying information about the earn

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