8th November, 2022-
6 minutes to read
Franchising vs. Licensing: All You Need to Know
In the business world where business expansion is the talk of the day, it’s crucial to know the differences between licensing vs. franchising so that you can make more informed decisions. Indeed, while both licensing and franchising share some similar characteristics, they differ in other key areas. These differences need to be kept in mind … Continued
- 31st October, 2022
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7 minutes to read
Building Brand Awareness For Franchises
Many franchisors spend years developing and refining their business model and brand before franchising their business. A franchisor’s brand is one of the major selling points for prospective franchisees and it’s also an important way to gain more customers, including improving customer loyalty. With the massive audiences of consumers being online in our day and … Continued
- 27th October, 2022
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3 minutes to read
Franchise Fame Founder and CEO Dani Peleva Named Finalist in 19th Annual Stevie® AWARDS For Women in Business
Stevie Award Winners to Be Announced in Las Vegas on November 11 Franchise Fame Founder and CEO Dani Peleva was named a Finalist in the Woman of the Year – Franchising category in the 19th annual Stevie® Awards for Women in Business, and will ultimately be a Gold, Silver, or Bronze Stevie Award winner in … Continued
- 21st October, 2022
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5 minutes to read
What Does It Mean To Run a Part-Time Franchise?
Whether you’re in retirement looking for something productive to fill your time with or you’re already employed but would like to dip your toes in the business world before taking the plunge, a part-time franchise opportunity could be just what you need. As with most things in life, a part-time franchise comes with pros and … Continued
- 17th October, 2022
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6 minutes to read
11 Risk Factors to Consider Before Buying a Franchise
Risk evaluation is one of the most important aspects of getting into business. And the same is true if you’re interested in pursuing a franchise opportunity. It must be remembered that every business venture entails some form of risk and franchises are not immune from these. However, the risk of a franchise is considered much … Continued
- 10th October, 2022
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5 minutes to read
The Franchise Agreement – Everything You Need to Know
The franchise agreement is one of the most important contracts you will sign as either a franchisor or a franchisee. It is the cornerstone of the relationship between both parties as it sets out each one’s rights, responsibilities and obligations. But there are multiple other aspects covered in a franchise agreement which you need to … Continued
- 4th October, 2022
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4 minutes to read
What is the Franchising Code of Conduct?
Franchising across the UK has undergone tremendous changes since the concept of franchising first came about in the middle of the 20th century. One of the most fundamental changes has been the establishment of the British Franchise Association (bfa) as far back as 1977 and the development of its Franchising Code of Conduct. The reason … Continued
- 19th September, 2022
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5 minutes to read
Single-Unit vs. Multi-Unit Franchising
Before getting involved in franchising, it’s important to consider the options in front of you. Every entrepreneur has different goals, skills and financial resources and these will necessarily dictate what sort of franchising they get into. One example of the careful consideration that you would need to take into account includes the types of franchises … Continued
- 12th September, 2022
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6 minutes to read
Conflicts Between Franchisee and Franchisor – How to Resolve Common Franchise Disputes
Conflicts take place in all parts of life and the franchisor and franchisee relationship is no exception. There are commonly-occurring conflicts between franchisor and franchisee that you should anticipate and know how to address if you want your relationship to be as successful as possible. This article explores the sources of some of these conflicts … Continued
