Posts Tagged ‘International Franchise Association’

FranNet’s Gary Prenevost offers advice on franchising a business model successfully.

Sound statistics underlie our optimism. Recently, the International Franchise Association released an extensive Economic Impact Report that, using 2007 U.S. Census data on franchise businesses, carefully measures franchising’s economic impact in the United States.

Veterans returning from service abroad continue to find themselves wanting to try something new, rather than get back into former employment situations.  Today, more than 1500 veterans opened franchised small businesses in the US thanks to the Veterans Transition Franchise Initiative. This is an International Franchise Association (IFA) program known as VetFran, which offers discounted [...]

Looking for a way to ensure your success before you even get started with a franchise? You’re ready to open a franchise for the first time. Thinking you’d better do your homework, you grab every book you can find on accounting, customer service, employee motivation, marketing, cash flow, sales techniques…and on and on. Before you [...]

In a welcomed bit of good news, the International Franchise Association (IFA) reports in the 2011 Franchise Business Economic Outlook that 2011 will be a rebound year for franchised businesses. Projected growth will come in the number of establishments, jobs and economic output in the franchise industry. Other interesting projections and stats from the report: [...]

Interested in opening a franchise? This week, we feature a beginner’s guide to some of the activities you will need to complete before you start, including reading a FDD and interviewing a franchisor. Successful franchisees It cannot be stressed enough: research is important. You must do your homework. Successful franchisees conducted careful market research, developed [...]

This November 10 will mark not only U.S. Veteran’s Day but also the more than 20 years of franchise assistance provided to veterans by the International Franchise Association’s VetFran program.  According to IFA’s recently completed VetFran survey, 2,089 veterans have become small-business franchisees since 2002 by taking advantage of financial incentives.  VetFran, shorthand for the [...]

Starting a business is a great way for veterans to continue to serve their country. The military teaches discipline, teamwork and leadership all of which are ideal traits for business ownership. Veterans are more likely to own their own business than non-veterans. Military experience will easily transition to franchise business ownership. So many franchise companies [...]

After you have narrowed your search for a franchise business to THE ONE that best fits your personal and professional goals and financial resources, it’s time to engage the services of a qualified franchise attorney to review the associated Franchise Disclosure Document (FDD) and the franchise agreement contained therein. While you might be tempted to [...]

A new publication produced by the International Franchise Association Franchise Relations Committee provides an important blueprint for establishing a succession plan and ownership transfer for franchise business owners. “Selling and transferring ownership of a franchised business is something that many franchisees do not think about early enough,” said IFA Franchise Relations Committee chair Barb Moran, [...]