Franchising is an excellent way to expand your business.The franchise business model can be applied successfully to almost any type of business. Before you leap to the conclusion that franchising is for you, there are some basics you need to know. Franchising is highly regulated in the United States and, in some instances, abroad as well. In the U.S., a mishmash of state and federal laws control the process – most before a sale is made (requiring disclosure and registration) and others at the time of termination. Calling a “franchise” by another name (“start-your-own-business,” “license” or “business opportunity”) seldom sidesteps application of franchise laws although many businesses have tried. Navigating the maze of franchise laws and regulations can be a daunting task but with the proper guidance you can develop a competitive and legally-compliant franchise system. Experience, knowledge and direction are essential to the franchise development process. Starting a franchise system is a collaborative, symbiotic process that we embrace with each new venture. And, once you are up and running, we are ready to assist with your day-to-day questions and challenges. We are ready to help with all of your franchise development needs. Please visit our Resources Page for valuable franchise information.
| James A. Meaney |
