How To Get Out Of A Franchise Agreement Franchisees should always have an exit plan in place to sell their franchise. Whether they did a great job, prepared well for retirement, and are ready to retire, or they made some mistakes and need to make an exit, franchisees eventually need to return their holdings to […]
What is an FDD (Franchise Disclosure Document)? Opening a franchise is a challenge! You may already know the key elements, but the paperwork itself can be quite a lot. Let’s talk about the Franchise Disclosure Document, so that you know the details of that document and how to streamline your franchise into reality! An FDD […]
Why You Should Join Franchise Organizations as a Franchisee Want to strengthen your franchise, remain educated, and elevate your network (and net worth)? Try a franchisee organization! Joining a franchise organization is an effective means to improving your relationship with your franchisor. The best part about owning a franchise is the fact that you are […]
Understanding Your Potential, Next Investment: Complementary Franchises Are you a franchisee who experienced great success with your first franchise location? You’ve come to the right place! Perhaps you’ve worked closely with and taken the advice of knowledgeable Franchise CPAs to avoid legal trouble and tax-related headaches and are now considering alternative ways to grow your […]
Fantastic Franchise Opportunities for Florida Entrepreneurs Florida, The Sunshine State as we call it, is well-known as a popular destination for tourists, beach lovers, retiring citizens, and more. With the beautiful beaches, the attractions & theme parks, the resorts and time-shares, Florida offers tons of entertainment options for tourists and locals to enjoy these […]
LLC vs. S-Corp vs. Sole Proprietorship – Which one is Right for Your Franchise? Wondering what is the best LLC structure for your franchise? The entity type you choose will have a long-lasting impact on your franchise’s security and performance. Taxes, regulations and personal liability depend on how you form your enterprise. One of […]
Tax Planning For Franchisees: What, Why, How!? So you own a franchise. Maybe you just purchased it, or maybe you have owned it now for several years. With all the responsibilities that come with franchise ownership, I am sorry to tell you that there is one more critical responsibility to consider: Tax planning. What […]
What is Multi-Unit Franchising? As the name implies, multi-unit franchising is when a franchisee owns multiple franchise units. For example, if you purchase a Subway franchise and you find success with it, you may find yourself opening an additional location within just a few years. Another way of thinking of multi-unit franchising is purchasing various […]
10 Things you NEED to Start a Franchise in the United States We receive several common questions about franchise formations. What is the exact process to start a franchise? How do I start a franchise in my state? How do I start a franchise in the U.S.? The list goes on and on. You can […]