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Franchise 101: The terms

A glossary of franchising terms

Are you looking for a franchise brand to buy? It pays to know as much as you can when opening a new business. Here are the terms commonly used in the industry:Business format franchising A method of business expansion whereby a business owner ...

April 16, 2013 01:00:00

Doing due diligence before buying a franchise

Those aspiring to go into franchising have to take background checking to heart when looking for business partners.

The local franchising industry is still riding high since experiencing a boom in the 1990s. A winning combination of low capital, low risk, and a high success rate (up to 90 percent) has enticed a lot of Filipinos to get into franchising. ...

by Ieth Inolino  | September 18, 2012 01:00:00

Know the law related to franchising

Becoming acquainted with the basic legal aspects of franchising can help you avoid financial ruin

Numerous articles have been written about franchising, but most of them deal with how to choose the right franchise, how to deal with the franchisor, or how to cope with the day-to-day running of a franchised business. Aside from these, however, the ...

March 10, 2009 12:00:00