Here are several considerations in evaluating a franchise for your home-business setting:
*Request the Uniform Franchise Offering Circular (UFOC) and copies of their franchise
agreements that interest you, to acquire a better understanding of their operations.
Make a list of questions to ask about anything that is unclear.
*Visit several of the operating franchises and talk to their franchisees
for their feedback about working with the franchise company.
*Visit the franchise's headquarters and ask permission to observe
the training sessions.
*Ask about the company's expansion plans and whether their franchises
have exclusive territories; or do they compete against one another.
*Ask if this franchise can be operated from a home-based office.
*Consult with a lawyer familiar with franchise agreements.
Investing in a franchise provides the franchisee (the investor) with
a turnkey operation and a company's backing.
Suggested Resource:
International Franchise Association - www.franchise.org
Book excerpts (updated) from 101 Best Home-Business Success Secrets for Women; 101 Best Small Businesses for Women; & More 101 Best Home-Based Businesses for Women. Additional articles, advice, and resources for entrepreneurs and self-employed women and men. Featured profiles of entrepreneurs
Tuesday, January 18, 2011
Monday, January 3, 2011
Fun Holiday Money-Making Ideas
Though the November and December holidays are over, here are some
money-making ideas to help those who have too many items on their
"to do" lists for any holiday:
*Make holiday cookies, cakes, treats, snack trays (need a food license).
*Do on- and off-line shopping.
*Find the best travel bargains.
*Decorate clients' offices, personal homes, realtors' for-sale houses.
*Use your artist skills to window paint holiday figures for businesses with storefronts.
*Address holiday cards.
*Offer sitter services for parents; pet-owners.
*Take seasonal pet photos for personal holiday cards.
*Organize parties.
Your idea?
Next: Tips on Investing in a Franchise
money-making ideas to help those who have too many items on their
"to do" lists for any holiday:
*Make holiday cookies, cakes, treats, snack trays (need a food license).
*Do on- and off-line shopping.
*Find the best travel bargains.
*Decorate clients' offices, personal homes, realtors' for-sale houses.
*Use your artist skills to window paint holiday figures for businesses with storefronts.
*Address holiday cards.
*Offer sitter services for parents; pet-owners.
*Take seasonal pet photos for personal holiday cards.
*Organize parties.
Your idea?
Next: Tips on Investing in a Franchise
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