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Franchising Archives

Sandwiches and sick leave

The poster read, “Can’t tell the difference? That’s too bad because Jimmy John’s workers don’t get paid sick days. Shoot, we can’t even call in sick. We hope your immune system is ready because you’re about to take the sandwich test.”

Franchises breathe a sigh of relief

Under the previous presidential administration, franchisors faced increasing pressure through “joint employer” classifications with their franchisees. Sharing employer status with individual and smaller business owners opened them up for more lawsuits over workplace discrimination or injuries.

Keys to becoming a successful franchisee

One of the significant benefits of being a franchisee is that the franchisor has already blazed the trail. That entrepreneur has created a system based on key successes and costly mistakes that comes with establishing a business. Applying the plusses and minuses can help build a successful enterprise.

On franchising and the legal concerns surrounding it

The franchise arrangement is a great way for both the franchisor and the franchisee to benefit from operating a business. The franchisor has already established itself as a stable brand with national, or even international, reach. So strengthening their position is a bonus, especially if they can franchise out their operations to an entrepreneur or someone who wants to run an individual franchise. For the franchisee, they get the chance to shine, being able to operate a business with an already-established reputation, previous tested safety and training regulations, and a robust set of other benefits.

The basics of franchise royalty fees

A person who wants to start a business and is considering buying a franchise in Georgia needs to understand the concept of royalty fees. These are ongoing payments that he or she will have to make to the parent company, known as a franchiser. According to Entrepreneur, these fees allow the franchiser to make an income from the deal, and almost all companies of this type have them. They are typically a percentage of gross sales revenue for the specified period, which may be weekly or monthly.

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