On almost a weekly basis, I get asked the difference between licensing and franchising. Great question! Below is my Franchise Euphoria™ Tip of the Day! addressing that distinction: In Indiana, a Franchise is a contract that: provides a person/company (franchisee) with the right to engage in the business of dispensing goods or services, under
The franchise world is an interesting, fun, and confusing world. There are many ways to purchase, own, and run a franchise. One popular way to get into franchise ownership, is to buy another franchisee’s business. This is called a re-sell. The franchise is currently owned by a franchisee owner-operator that for whatever reason wishes to
One of my client’s this week had a coming out party of sorts. A party to celebrate their transition from a direct marketing company into a digital marketing & software business. The name is PERQ. You may not be familiar with them as PERQ, but if you are involved in the Indy tech & entrepreneurial
Why did you select this franchise over others? What is your background? Does the franchisor provide quality training and support as promised? How many hours a week do you work? Are you profitable? If so, how long did it take for you to become profitable? How much of a capital reserve did you start with?
