Franchisors incur a slew of costs related to the initial franchise fee supporting their franchisee before the business opens for operation. The costs franchisors incur in providing advice and services necessary for the franchisee to begin operations can be broadly characterized into 3 buckets – franchisee prospect acquisition costs, training costs, and pre-opening support costs. […]
As part of the FTC seeking public comment on its review of the franchise rule, the IFA is sharing insight into the experiences of franchisors and franchisees. The IFA believes that in light of the unity of support communicated by its franchisee, franchisor, and supplier members, it strongly endorses continuation of the Rule in substantially […]
FRANdata was commissioned by Forbes yet again to create a ranking of the best and worst franchises. Forbes’ purpose for this ranking was to give people who are looking into buying a franchise a bird’s eye view of how different franchises’ health and appeal measure up. The ranking was based on performance and revenue metrics […]