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Archive: February 2013

On February 18th, 2013

Staffing and Buying a Franchise

When buying a franchise, regardless of which franchise concept you acquire, at some point you will want to hire additional help and delegate to others.  A good franchisor has a solid staffing model in place to help you plan how to do this and will provide assistance in your implementation.  When it comes to staffing ...

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On February 12th, 2013

Supplies and Buying a Franchise

When buying a franchise, keep in mind that almost every franchise concept involves some kind of required purchases to run the business such as equipment, cleaning products, uniforms, yogurt, drinks, etc. that are essential to the specific franchise model.  To maintain the quality of the services provided and brand consistency, most franchisors require those items ...

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On February 10th, 2013

Operations Support and Buying a Franchise

Continuing the series on fees versus the value received when buying a franchise, let’s look at operations.  A franchise is a series of systems and processes that taken together form the basis of the business. When it comes to operations support and buying a franchise, you will pay for these systems and the training to ...

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On February 6th, 2013

Technology and Buying a Franchise

In this Blog series we are discussing the on-going fees you pay to a franchisor versus the value you get when buying a franchise.  To reiterate the key point:  When buying a franchise, you are buying a system for doing business.  Not all systems are created equal.  The key is NOT to make a snap ...

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On February 4th, 2013

Marketing Support and Buying a Franchise

As this is my first Blog post, let me introduce myself.  My name is Steve Cox.  I am a franchise owner with i9 Sports where I am also in charge of developing new franchises.  This Blog is intended to provide perspective on franchise ownership and what to look for and look out for when buying ...

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