start a franchise business
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Reetika Bose May 03 2018 - 3 min readBuying a franchise can be an investment in your future. But as with any major decision, you should thoroughly research the franchise industry, the franchise model and the pros and cons of owning a franchise. Also, equal importance should be given to franchise terms which are most commonly used in the franchise business. Knowing these terms ...
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Reetika Bose May 03 2018 - 5 min readOne of the key considerations in deciding whether or not to purchase a franchise should be the term of the Franchise Agreement itself: the finite period of time for which the franchisee is granted the right to conduct the franchised business. Franchisor appoints franchisees for a fixed time generally referred to as a ‘Franchise tenure’ ...
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Reetika Bose May 02 2018 - 4 min readFranchise Brokers have been a major catalyst for the growth of the entire franchise industry, and of course, they help the brands grow. There is no doubt that franchise brokers and consultants have led to increasing the initial franchise fees across virtually the entire industry. Yet it appears to have had ...
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Reetika Bose May 01 2018 - 4 min read"Follow the system" is a mantra in franchising and critical to a franchisee's success. In this light, many view franchising as a commitment much like a marriage. A good match between franchisor and franchisee, sharing mutual goals over the long term, is essential to the success of each franchise unit, and ...
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Reetika Bose Apr 26 2018 - 4 min readBe it a potential franchisee or a current franchisee, your need for a potential lawyer solely depends on your experience and appetite for risk. Also, when you meet with a thought of everything being done and dusted, there is still one more thing left to do, and it has to do with the ...