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Franchise or License?
Q:What is the fundamental difference between franchising vs. licensing someone to operate my business in another state? I am trying avoid becoming a franchise, but I have people interested in using my business and my business model in other states.
INTERNATIONAL FRANCHISING
International franchising has grown significantly in recent years. Franchising now exists in more than 160 countries and is used in more than 70 different business sectors. U.S. franchisors are expanding internationally, and in doing so, will need strong master licensees in the host countries. Master franchisees must have the capital, business acumen and knowledge of local markets to make the franchises there successful. While Canada is still the most popular country for U.S. franchise expansion...
FTC Guide to the Antitrust Laws
Free and open markets are the foundation of a vibrant economy. Aggressive competition among sellers in an open marketplace gives consumers - both individuals and businesses - the benefits of lower prices, higher quality products and services, more choices, and greater innovation. The FTC's competition mission is to enforce the rules of the competitive marketplace - the antitrust laws. These laws promote vigorous competition and protect consumers from anticompetitive mergers and business practic...
Federal and State Franchise Regulations
To ensure a full disclosure of all information relating to a franchise company prior to a franchisee taking on the business, franchise regulations have been put in place by the Federal Trade Commission (FTC). While the disclosure process is lengthy and should always include an experienced franchise attorney, there are basic guidelines to the regulations that a small business owner should be aware of when considering franchising options.
Management Tip of the Day: Overcome the awkward silences
Meetings hold such promise for moving your business forward but are rarely executed well, with awkward silences just one of many hurdles to address, says Harvard Business Review.
2012: The year of the artist-entrepreneur(photo)
While 2011 was a big year for political unrest, another uprising was afoot in the world of content creators and artists. Everywhere you look, artists are taking more control over their own economic well being, in large part because the Internet has enabled them to do so. You see it in all forms of content, from books, to video to music.
Why are cheap startups so expensive?
Starting up a Web company is never easy, but at least it's not as expensive as it used to be. Instead of buying and maintaining an IT infrastructure, as they had to do in the dotcom boom, startups now turn to cloud server services like Amazon's. Instead of costly proprietary software, OpenOffice and Google offer cheaper (or free) options. Instead of paying office rent, employees can work from home. And the viral power of social media can bring new customers with little marketing. Open-source p...
Obama’s vision splits small businesses(photo)
State of the Union address from President Barack Obama left small business owners divided over his plans for economic recovery which included eliminating tax perks for companies that offshore jobs and beefing up training stimulus for technology jobs.
DEALTALK: Worst of times for U.S. banks could spur deals
After the slowest year for U.S. bank mergers in three decades, investment bankers are seeing flickers of a recovery.
Deals of the day -- mergers and acquisitions
The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1430 GMT on Tuesday
U.S. SEC chairman pitches budget boost to Congress
SEC's Schapiro asks Congress for 18.5 percent budget boost* Says SEC needs money to implement Dodd-Frank* Says SEC will hire more economists, market experts
Enterprise gets commitments for Texas Express NGL line
Enterprise Products Partners LP, Enbridge Energy Partners and Anadarko Petroleum Corp said on Tuesday their joint venture Texas Express NGL pipeline had 15-year shipper commitments to carry 232,000 barrels of natural gas liquids per day from quickly growing production regions to the NGL hub of Mont Belvieu, Texas for processing.
Oil Falls to $123, Supply Fears Easing
Oil eased towards $123 a barrel on Tuesday, as higher flows from Iraq and Saudi Arabia offset concern that sanctions on Iran would disrupt supply and push up oil prices.At the same time, question marks over demand for oil were raised after politicians in China and the euro zone conceded the pace of economic growth would slow.Brent crude fell 58 cents to $123.14 a barrel by 1226 GMT after climbing to a daily high of $124.39. U.S. crude slid 60 cents to $106.12.
U.S. Risks Persist, China in Good Stead So Far: IMF(photo)
A renewed drop in housing prices could thwart the U.S. economic recovery in the short term while Washington's lack of a "credible, comprehensive" fiscal plan poses a major medium-term risk, a top IMF official said.
Service Sector Expands at Fastest Pace in Year
The services sector expanded at its fastest pace in a year in February, helped by a gain in new orders and as the housing market shows signs of stabilizing.The Institute for Supply Management said its services index rose to 57.3 in February last month from 56.8 in January, in sharp contrast to economists' expectations for a drop to 56.1.It was the index's highest level since February 2011. The services sector accounts for about two-thirds of U.S. economic activity. A reading above 50 i...
Bain & Co. Report Foreshadows US Industry Challenges[Photo]
On Monday, Bain & Co. released its 2012 Global Private Equity report, and peHUB was provided a copy. We're publishing a brief summary of the report, which can also be found by subscribing to the peHUB Wire.
The Webcam Reads Credit Cards!
As we evaluate investment opportunities, we like to dive deep into an entrepreneur's background and story... What did he study in school? What were his important life choices or challenges? When did he demonstrate courage? How did he come up with the need for creating the company? We typically spend the first 20 minutes of a one-hour pitch meeting asking questions that draw out personalities and motivations.
Q & A: Uncovering the Hidden Agenda
According to Kevin Allen, we pitch business ideas every day. But how do we ensure our pitches will be successful? Allen's forthcoming book, The Hidden Agenda, teaches readers how to connect to their audience on an emotional level in order to win pitches. Entrepreneurial spoke with Allen about how to find and connect to what he calls the hidden agenda.
U.S. Small Businesses Add 45,000 Jobs in Feb
U.S. small businesses added 45,000 employees in February and offered workers more money even as working hours were little changed, an independent survey showed on Monday.
KKR, Chesapeake to Partner in Oil, Gas Investments
Private equity group KKR and Chesapeake Energy Corp have agreed to partner to invest in mineral and royalty interests in oil and gas assets in the United States.
Rusnano and VC fund to Invest $760mln, Boost Russian Drugs
Russian state technology firm Rusnano is teaming up with a U.S. venture fund in a deal to invest around $760 million in a number of U.S. healthcare technology companies, establish a manufacturing facility in Russia and bring new drugs to the Russian market.
Wall Street slips as China trims growth target
Stocks fell on M Stocks fell on Monday for the second straight session and the third in the last four trading days, led lower by basic materials shares afterChina trimmed its growth target for 2012.
Papa Murphy's Take-N-Bake Pizza
Papa Murphy's is the largest Take-n-Bake pizza chain in the world with over 1,150 stores open and $580 million in system wide sales. U.S. consumers have voted Papa Murphy's the number one Pizza Chain* the last seven straight years. We offer our customers the unique experience of watching their pizza being made fresh before their eyes and then taken home to bake to perfection - hot out of the oven when they want it. Complete with a distinctive and mouthwatering aroma that brings families and...
ZooHoo's Eatery
ZooHoo's Eatery takes fast-casual dining to a whole new level by combining a fast-casual restaurant with the mobility of a professionally branded custom food service trailer. This enables our franchisees to open and operate a fast-casual restaurant at a substantial discount over a traditional brick-and-mortar establishment.
Home Helpers/Direct Link Franchise Reviews
The Home Helpers organization was launched in 1997 to serve the community of Americans over age 65 who lives independently or alone but require help in managing their everyday life. Today, Home Helpers' cares for thousands of seniors, New Moms and Working Parents and those who are on the road to recovery from recent illness or injury as well those with ongoing daily living challenges, with meals, light housekeeping, transportation, errand services and much more. Home Helpers' services are prov...
Sylvan Learning Franchise Reviews
Sylvan Learning Centers was established in 1979 in Portland, Oregon, which is currently based in Baltimore, with the vision of providing modified instructional services to students of every ages and skill levels. They have qualified and caring tutors, prepare regular progress reports, and offer many learning arrangements for busy families like evening or weekend tutoring sessions at the local centers or live, online tutoring, which make their tutoring programs more convenient, flexible and affor...
Super 8 Franchise Reviews
Founded in 1974, Super 8 Motels has been franchising since 1976 and has more than 2,000 locations all over the United States and Canada. Super 8′s name is resulting from only one of its kind room rate, which is $8.88 per night when the first location opened in Aberdeen, South Dakota. The company has earned a status for homely and contented stay in over 100 abroad locations. The major quality attached to their business philosophy is quality at the low cost. Super 8′s parent company, Cendant, own...
InterContinental Hotels Group Franchise Reviews
InterContinental Hotels Group is a leading international hospitality group, with more than 3,500 hotels and 534,000 visitor rooms across nearly 100 countries and territories. Every year more than 120 million people find a reception at one of its lodging brands. No other name in the hospitality business is as one and the same with quality, comfort, value and service as IHG.InterContinental Hotels Group started executing since 1952 as a subsidiary of Pan American Airlines, which sold the busin...
Jani-King Franchise Reviews
Everybody wants a plush working or business place, but it needs regular cleaning, time and manpower as well. So Jani-King offers #1 commercial cleaning to those who dream a cleaner environment around. Jani-King knows the exact needs are of commercial office, manufacturing entities, large retailing outfits, health care units, hospitality industries and educational institutions.The story started in 1968, when Jim Cavanaugh was a student at the University of Oklahoma and worked as a night audi...
FastSigns Int’l. Inc. Franchise Reviews
FASTSIGNS International Inc. was founded by Gary Salomon and the late Robert Schanbaum in 1985 and started franchising since 1986. Salomon was a print broker and catalog developer. They learned new and sign techniques from an Austin based computer shop with a condition of not to start a new shop in Austin. After that year they launched their first store in Dallas. From the last five years FASTSIGNS is the #1 franchise in business services category all over the world.