The Big Brand Theory One of the most cost effective ways to achieve national market presence is by becoming a franchisor with a big brand. In addition, franchisees often enjoy rapid success because they are purchasing a proven system and not starting from scratch. Maximize your company’s earning potential with the help of Greensfelder’s Franchise …
“Let’s Talk Franchise,” a 30-minute national television show dedicated to informing the general public, investors and potential franchisees about franchising, aired its premiere show last week to coincide with the International Franchise Expo held in Washington, D.C. Both the television show and the IFE trade show were a tremendous success for “Let’s Talk Franchise” and …
Franchise Payments, What’s The Deal? There are several one-time and ongoing payments related to owning a franchise. The Federal Trade Commission (FTC) requires franchisors to list these fees in the Franchise Agreement. Initial franchise fee. This fee is paid to the franchisor for the right to use the franchisor’s trademark and sell its products and/or …
To have a good reputation with franchisees and in the franchising industry, it is important that franchisers have an ethical framework to operate by. To have a good reputation with franchisees and in the franchising industry, it is important that franchisers have an ethical framework to operate by. In addition, franchisees should behave to certain …
Selling a business is often the most important financial decision of a business owner’s life. Empire Business Associates of Northeast Ohio offers a free series of helpful articles and resources for the business seller. There are many factors to be considered and planned for when selling a business, yet many business owners do not even …
The Franchise Alliance is a group of 10 leading franchise companies, who together with NatWest sponsor free educational seminars about franchising. They have now added BFA Affiliated Accountants, Franaccounts to the organisations that support attendees following on from the seminars. These free seminars are aimed at people considering self-employment and research franchising, as well as …
Tax issues when selling a franchise Special Commissioners decision changes view on Franchises Goodwill In 1996, 32 Pizza Express franchisees sold their businesses back to the franchisor Pizza Express. Two of these businesses claimed capital gains tax rollover relief in respect of the gain on goodwill under TCGA 1992, s. 152. The claim was subsequently …
“Investing in a franchise? Consider a British Franchise Association Accountant!” If you are looking to invest in a franchise it is important that you have the right team behind you. Your choice of accountant will affect your franchise business from day one. Your chances of being successful can depend on the advice, knowledge and level …