How franchisors can convert daunting long hours of work into efficient and enjoyable working day!

March 20, 2011 by  
Filed under Uncategorized

How franchisors can convert daunting long hours of work into efficient and enjoyable working day!
Any franchisor is supposed to be on top of their game all of the time. There are so many issues to address and problems to tackle that there is hardly any time left for the things that are really important. Most franchise owners work long hours, day in and day out and are hardly able to cover all aspects of the business.
Franchise startups face even bigger challenges as they are not so experienced. Any startup franchise has to establish their company policies and procedure and to put in place hundreds of paperwork and documentation before opening for business. Luckily there is something that can help you forget about this situation – Franchise Tools and Resources Kit.
What is FranZoom Franchise Tools and Resources?
Our Franchise Tools and Resources package is a kit, specifically designed to meet the growing needs of franchisors for information and practical advice. The package contains information and resources covering fundamental aspects of franchising. Unlike other similar products, Franzoom’s Franchise Tools and Resources kit provides ready to use solutions rather than tons of information about things you may need to do in theory. This unique product suits the needs of franchises working in various industry niches and is a must have for anyone seriously looking to establish a successful franchise operations.
What is included in the kit?
Franzoom’s Franchise Tools and Resources kit can help you tackle some of the most important aspects of franchising:
•    Financing. Startup franchises can greatly benefit from the practical advice about how to obtain SBA loans.
•    Franchise laws and regulations. Stay up to date with the Federal and state franchise laws and regulations. Find the information that directly concerns your business in minutes an skip the expensive services of attorneys or other legal consultants.
•    Your franchise documents. Franzoom’s Franchise Tools and Resource kit contains customizable franchise document templates as well as all commonly used forms you will ever need. Forget about spending long hours just trying to get these done as now you can have them ready in few minutes.
•    Intellectual property. Learn how to manage and protect your intellectual property rights.
•    Franchisee inquiry request form. Knowing which potential franchisees are right for you is one of the keys to success in franchising. Our special franchisee inquiry request form will help you select potential franchisees faster than any other tool.
•    And more. There are much more great tools included in the package. They all cover crucial elements and aspects or franchising and are developed to save your time and money and to help you establish smooth and trouble free operations.
All of the documents and templates provided in the package are prepared by expert franchise professionals with many years of experience in franchising. They are reviewed by franchise attorneys and are 100% FTC certified.
Free sample Franchise Tools and Resources kit is available for download – click here!

A must read for anyone interested in setting up a prosperous franchise business

March 10, 2011 by  
Filed under Uncategorized

A must read for anyone interested in setting up a prosperous franchise business
Have you ever thought about setting up a franchise? Probably you have considered franchising your existing business? Whatever the case, our Underground Guide to Franchising is the guide you simply cannot afford to miss!
One of the top reasons why entrepreneurs and business owners are reluctant to even consider franchising is because they feel overwhelmed by the scope of the whole operation. Indeed, starting a franchise or franchising a running business requires knowledge and experience. Understanding the franchise model, learning how to set up a franchise company from a legal point of view or how to establish your franchise fees and royalties can take a lot of time, or, in the best case scenario, thousands of dollars in consultation fees. The good news is that this is no longer the case.
Our Underground Guide to Franchising is written by experienced senior franchise professionals and reviewed by expert franchise attorneys. It is a standalone manual designed to answer all your questions and to teach you how to establish a successful franchise and how to keep it successful for the years to come. One of the most valuable features of the Guide is that it is written in an easy to understand language – you do not need to be a business CEO to understand it!
What you can expect from the Underground Guide to Franchising
The Underground Guide to Franchising covers all aspects of franchise business. It explains what franchising is and what the main concepts of franchising are. Real life examples are included to help you understand the advantages and disadvantages of franchising. The Guide can assist you in evaluating the possibility of franchising your business and prepares you for being a franchisor. There is a lot of practical advice and ready to use formulas that can help you develop a strategic plan – from determining your franchise fees to planning the number of employees you will need in 5 years. In addition there is huge section dedicated to marketing and franchisor-franchisee relations – two aspects of franchising that would require you to pay hundreds if you would to hire a franchise consultant.
Probably the most valuable part of the Underground Guide to Franchising is the chapter dedicated to legal issues. There is a federal franchise law and state – specific franchise laws as well as many regulations every franchisor must take into consideration. You can save hundreds from attorney fees just by reading the Guide as all legal aspects of starting and operating a franchise business are covered in details. This is not the regular hard to understand legal mumbo-jumbo – all legal stuff is explained in an easy to understand way. There is also a very useful chapter about financing that provides practical advice about how to get approved for SBA government loan.
The Underground Guide to Franchising is inexpensive and a real value for money. You can download a free sample and see for yourself – click here.

Create your franchise operations manual in no time using our top notch template!  

February 20, 2011 by  
Filed under Uncategorized

Create your franchise operations manual in no time using our top notch template!

The franchise operations manual is the backbone of every franchise operation. It is often called the bible of franchising. This document covers every single aspect of the franchise business, states and governs the execution of the company’s policies, sets standards for all of the company’s procedures. It protects company’s trademarks and brands, clearly states termination and renewal policies, outlines the obligations and responsibilities of both the franchisor and the franchisee, and more. A well written franchise operations manual is definitely the key to achieving success as franchisor.
The actual preparation of a franchise operations manual is a serious task. Not only that the document must cover in details a lot of different topics related to the business, but it must be written in compliance to Federal and state franchise laws. Even though drafting a franchise operations manual seems simple, there are many issues every franchisor need to address in order to avoid liability. For a non professional, the development of this important document can quickly turn into a nightmare or at least into a significant expenditure.

How you can benefit from FranZoom’s Franchise Operations Manual Template

The difficulties that usually accompany the preparation of a franchise operations manual can be easily avoided simply by using FranZoom’s Franchise Operations Manual Template. It is a unique document, prepared by experienced franchise specialists and reviewed by certified franchise attorneys. The Template is completely compliant to all Federal and state franchise laws and regulations and is 100% FTC certified. Using the Template as foundation for your own operations manual will not only save you endless hours of hard work, but will save you huge consultancy and attorney costs.

Unlike other similar products, developed by professionals for professionals, our Franchise Operations Manual is developed by professionals for everyone starting or franchising their existing company. There are no complicated legal terms and all instructions are written in a straightforward, easy to understand manner. In addition any specialized franchise terms and concepts that must be part of the document are explained in a way that people with no previous franchise experience can comprehend without any problems. Special sticky notes follow every step of the Template to make its customization effortless.
FranZoom’s Franchise Operations Manual Template is developed in a way that it can suit franchises working in different industry niches. It can be easily adjusted to suit the needs of retail or service companies as well as any other franchise company type.
Our Template is a great tool, valuable to franchise startups looking for an affordable solution to meet their needs as well as to franchises with established businesses looking for a simple way to update their franchise operations manuals.
A free sample copy of the Franchise Operations Manual is available  click here.

How to get a professionally written franchise agreement in a couple of hours?

February 10, 2011 by  
Filed under Uncategorized

How to get a professionally written franchise agreement in a couple of hours?
The franchise agreement is one of the basic documents governing the relationship between franchisors and their franchisees. The agreement outlines the obligations and rights of both the franchisor and the franchisee: it will describe in details how every business operation should be executed, what training will be provided to the franchisee, what ongoing support will be available, what will be the costs (if any) for training and/or support, information about territory and exclusivity, how intellectual property materials must be handles, what will be the initial and ongoing franchise fees and royalties, what is the duration of the contact and the rules for renewal and termination. Since any franchise agreement has legally binding effect, it must be legally bullet proof so that franchisors can avoid any problems in the future.
Obviously preparing a franchise agreement is a challenging task. To make things worse, any franchisor must take into consideration Federal and state laws when developing their franchise agreements.
How FranZoom Franchise Agreement template can help you?
Usually agreement templates are not very helpful because of the specific terms, conditions, and methods of operations of various franchises. FranZoom has developed a unique Franchise Agreement Template solution. Unlike most similar products available at the market, our Template is created in a way so it can suit franchises working in any industry niche.
FranZoom’s Franchise Agreement Template is developed by experienced franchise professionals. It contains all of the information a franchise agreement must contain and it is structured and formatted as per federal and state requirements. The Template is delivered in an easy to customize format and there are easy to understand instructions at every step of the way, explaining what needs to be done for the template customization. Special “sticky-notes” point out the elements of the agreement that need extra attention. All of the guidelines included in the Template are written in easy to understand manner and any legal or specialized terms are explained separately so that any guess work is avoided.
Normally you will need to get your agreement reviewed by a legal consultant and pay hundreds just for a short consultation. Using our Template this will not be necessary as it is already reviewed by certified franchise attorneys to make sure it complies with all current Federal and state franchise laws and regulations.
FranZoom Franchise Agreement is an affordable solution for both startup franchises and franchises operating for many years. New franchise owners will find it is a great hassle free tool that can help them prepare their first agreement. Franchise owners can use the Template to check if their existing agreements cover the aspects of their business that need to be covered. They can also use the Template when updating franchise agreements.
A free sample Franchise Agreement Template is available – click here!

Things to Consider in a Franchising Agreement

December 2, 2010 by  
Filed under Franchise Articles

The importance of a franchising agreement as a legal document cannot be overstated. It is the most important legal document that both franchisor and franchisee have to sign. The underlying focus of this document is to bind the franchisee to follow specific instructions that are given by the franchisor. Most of the franchisors try to put concise and detailed guidelines in this document and franchisees try to make the instructions as much flexible as they can. So, a franchising agreement is in fact a place of give and take for both parties and for this reason it becomes the focal point of their attention.

There are certain things that you need to consider while working on a franchising agreement:

  • There are some terms in the agreements which are not negotiable at all. However you can take a good look on the terms and conditions to figure out anything strange about them.
  • The franchisors have the right to impose restrictions on certain brands that franchisees cannot sell in the franchise.
  • A special clause in the franchising agreement makes it sure that proper advertisement of products and services is maintained by the franchisees. However you can negotiate the percentage of advertisement that you can held responsible for.
  • Termination of contract under severe negligence is also mentioned in the document.
  • Under the clauses of franchising agreement, you can even decide about the terms and conditions related to the future transfer of the franchise to another party.
  • To fully grasp the matter it is usually recommended to go for an attorney. However now a Franchise Operations Manual is available which is prepared by expert attorneys for the convenience of franchisors and franchisees.
  • Moreover you can quickly prepare the related FDD document with the help of Franchise Disclosure Document (FDD) Template. This template comes with fully customizable Microsoft Word format document.

How to Learn Franchising Basics Quickly

November 27, 2010 by  
Filed under Franchise Articles

Franchising has seen a new boom in the world market and large businesses have found it to be a good way to expand their businesses. There is a growing trend of getting familiar with the franchising basics in this competitive world. By opening more franchises businessmen can expand their business beyond their personal capabilities.  Opening up a franchise is not rocket science and you can learn franchising basics through a well prepared manual. Once you will learn how to deal with the inner operations of franchises then you will not depend on an attorney to prepare your legal documents.

Let’s start with some franchising basics in a quick go:

  • Franchisers authorize franchisees to use their brand name and product/service in return of franchising fee and royalties generated by the products and services.
  • Both franchisors and franchisees have to sign franchise agreement to commence their joint venture. All the key terms and conditions are mentioned in this agreement and it is considered to be the most powerful document of the whole deal.
  • The franchisors are liable to provide all the initial support that sustains the business in the early days. It is mandatory for the franchisors to learn few franchising basics before signing the franchise agreement.
  • A franchisee plays an equal important role in the advertisement of the brand they are using. All the details regarding advertisements are mentioned in the agreement.
  • To learn more about franchising basics you can consult a superbly prepared Franchise Operations Manual. This manual elaborates all the basic terminologies and presents all the instructions to commence your franchising activities.
  • As a franchisor you will need to prepare Franchise Disclosure Document. This document contains 23 categories and you can prepare it by downloading Franchise Disclosure Document (FDD) Template for very cheap rates. This template can increase your knowledge about the franchising basics dramatically.

Learn About Important Elements of Franchise FDD

November 22, 2010 by  
Filed under Franchise Articles

It is really next to impossible to avoid government’s intervention in the successful closure of a business deal. How can we understand the impact of regulations imposed by the government? What steps can franchise buyers take to protect their businesses by learning about Franchise FDD? We have summarized all the key issues involved in making sound decisions about these questions in this article!

Franchise FDD significance for the Franchising Investor

There are certain factors that play vital role in the success of a business. These factors include the location of an outlet, the customer service and many other important issues. How does Franchise FDD fit in to this scenario? Well, first of all it is mandatory for every franchisor to provide these documents to the franchising investor moreover ample amount of information is delivered with this channel. But the potential buyers should not make decisions solely based on these documents. Other options remain open for buyer to verify the claims made in these documents.

How to Proceed with Franchise FDD?

Government laws protect the buyers against any mishap during the business deal. However regulators and government authorities are not directly involved in the business and for this reason they are not aware about the minor subtleties of business dealings. You must read the Franchise FDD with care. If you find anything suspicious then you should go for an experienced franchise consultant immediately. These consultancy companies offer all the major solutions for the common problems faced by the buyers and sellers. However you will have to pay a large amount of sum so that the consultancy companies go through all the details.

Lawyers play an equally important role if anything in the Franchise FDD seems to be doubtful. Moreover if you are a seller and want to really speed things up with a quality Franchise Disclosure Document (FDD) Template then you can avail this opportunity for very decent rates. A Franchise Operations Manual can do wonders for your business and reduces the amount of time spent on all the hectic associated jobs!

What You Need To Know About The Initial Franchising Fees

November 17, 2010 by  
Filed under Franchise Articles

One of the major allocations of franchising budget is for the franchising fees. The initial fee is the amount of money that a franchisee pays in return of rights for using the brand name and products. Franchisors try to extract as much money as possible during this phase but this practice is usually denounced by the experts. A better way to make money out of the franchising is to go after the royalties generated by the products and services. Franchisees should make all the efforts to lower down the franchising fees because this saving can be used for other expenses during the early days of business.

There are few important things that you need to known about the initial franchising fees:

  • Initial fees are not the only expenses that franchisees face during the franchising deal. Being a franchisee you will be liable to pay royalties on the usage of products and services. Franchise agreement is the place where you put the exact figure of these amounts and before signing the document you should try to bargain about these costs.
  • Franchising fees make it mandatory for the franchisors to provide initial support for the business. This support includes training of new employees and tools required for the training.
  • It is important to estimate this fee before going for an agreement. A better way to estimate franchising fees is to go for Franchise Operations Manual. This manual is reviewed by top attorneys and provides all the techniques and methods for the estimation of these fees.
  • You can save lots of money by preparing legal documents on your own. This is fairly simple due to Franchise Disclosure Document (FDD) Template which makes it possible to create a document without spending too much on the legal consultancies. By saving money through this step you can allocate more money for initial financing fees.  Moreover you get the advantage of deep insight into the internal operations of financing.

How to Make Franchisor Business Plan

November 12, 2010 by  
Filed under Franchise 101

Planning is crucial in every business and it becomes even more significant if you are planning to open franchises. A good franchisor business plan is mandatory for the success in today’s competitive market. However long gone are the days when you have to hire a professional consultancy company for every step involved in the franchising. Today, you can plan your own business model without overcomplicated suggestions from the attorneys. Franchisor business plan is important for financial reasons as well. You have to decide how you will generate money from franchisors and like everything else you will have to make a plan about it.

Franchisor Business Plan and Financing Fee

Franchisors have the option to ask for huge sum initial franchising fees. They can make great amount of profit from this fee. However this practice is not recommended by the experts. There are few drawbacks in asking for a huge franchising fee. A large fee means you will not be able to open great number of franchises in a short time. Moreover you will not be able to get young passionate franchisees which will affect the overall quality of your franchises.

Instead of going after the financial fee you should concentrate on the royalties generated by the products and services. By taking this factor into franchisor business plan you can build a supreme network of franchises. This step will ensure a continuous growth of franchises and you can generate more revenue in the long run by adopting this strategy. Moreover you will get good reviews from the franchisees for your franchisor business plan. This will help in creating good will for your business.

You can learn more by downloading Franchise Operations Manual. This manual is created under the guidance of genuine attorneys and guarantees a successful franchisor business plan. A good way to concentrate more on the plan is to prepare legal documents quickly. You can now create legal documents through online available templates. A good Franchise Disclosure Document (FDD) Template is available for very cheap rates to save your time and money.

Alternatives to Franchising Consultant Firms

November 7, 2010 by  
Filed under Franchise Articles

Franchising consultant firms used to be mandatory option for franchisors in the past decade. However smart people are now opting for new alternatives and are saving lots of money during this process. One way to proceed with the franchising is to hire one of the most reputed franchising consultant firms, however these reputed companies often charge heavily in return of trivial documents preparation. The preparation of documents has now become a fairly simple job through online templates. These templates come with very modest prices as compared to the heavy charges of these firms. Moreover the reusability of these templates makes them very effective in the future.

You should therefore recognize the importance of these alternatives to franchising consultant firms. Here we present a brief and quick comparison:

  • It is a well known fact that these firms remain unavailable during the weekends and these companies cannot operate 24/7. On the other hand, online manuals and templates remain available throughout the year without any break.
  • Franchising consultant firms charge every time you ask them for a solution. They will take your case but will not remain available on each and every stage of the deal. However manuals remain available on each and every level of the franchising proceedings.
  • It is not possible for franchising consultant firms to provide exhaustive list of instructions to the franchisors and franchisees for each and every operation. But manuals are designed to take in consideration all the necessary elements of a franchising deal.
  • You can obtain a genuine and authentic Franchise Operations Manual for all the major and minor problems of your franchising venture. This manual comes with 100% FTC certification and provides solutions for every key element of franchising.
  • A major portion of the budget is allocated for the preparation of legal documents. However you can prepare your documents through superbly constructed templates. One such example is Franchise Disclosure Document (FDD) Template. This template provides an efficient way to prepare FDD without spending much.

« Previous PageNext Page »