How to Get Ready to Franchise Your Business

How to Get Your Business Ready to Franchise: Building a Strong Strategic Plan Of course, that’s Abraham Lincoln in the center, discussing strategy with his generals and maybe not so obvious is that General Custer is standing to the far right of the group, getting ready for the Battle of Antietam (Courtesy of the Library …

When Do You Need to Audit Your Franchise Business?

The Federal Trade Commission (FTC) imposes certain regulations on franchisors to protect franchisees and ensure transparency in the franchise relationship. One such requirement is the obligation for franchisors to provide audited financial statements to prospective franchisees under specific circumstances. In this article, we’ll delve into the conditions under which the FTC mandates franchisors to conduct …

How do Franchise Registration States Work?

Franchising is a dynamic and regulated business model that requires compliance with state and federal laws to ensure transparency and protection for both franchisors and franchisees. One critical aspect of regulatory compliance is the process of franchise state registrations. This overview delves into the intricacies of franchise state registrations, examining the purpose, key components, and …

How to Develop a Strong Sales Process for Your Product or Service

Developing a strong sales process is crucial for maximizing efficiency, consistency, and effectiveness in driving sales for your business. Here are some steps to help you develop a robust sales process: Remember, developing a strong sales process is an ongoing effort that requires monitoring, flexibility, and continuous improvement. By investing time and resources into building …