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Considerations When Investing in a Franchise Resale

Considerations When Investing in a Franchise Resale

Investing in a franchise resale could be something that you may look at if you have got a lot of money to invest and wish to buy a company that might be already reputable in its marketplace and includes a proven track record.

In addition to the benefits already presented by a tested franchise system, franchise resales typically have an established customer base and operating history under their belts.

The one thing to consider when buying a franchise business resale is you will find some differences to a traditional business purchase. You’ll likely have to sign up to a franchise business agreement with the franchisor, or brand owner, so it will be important to acquire advice from a expert franchise lawyer on how this might influence the function of the business. It’s common, for instance, for the franchise operator to maintain influence of how your business might be marketed and branded.

Brand control can also be perceived as a plus since retaining uniformity and unity of a brand name, gives a consistent message to possible customers. This is most notable with recognised brand sales franchises or fast food franchise opportunities. Customers will visit a branded store because they are well acquainted with it and know what to expect from it even if its their first time in that individual store.

Control of branding is just one case of what you might expect to find in your franchise agreement but there will probably be other points to bear in mind. This retention of management in some areas by the franchise operator could be considered a hindrance to some purchasers or a benefit, dependent upon your perspective and preference when taking on a franchise business.

On the whole, investing in a resale could present a great investment into a venture which already has good standing and may already be trading profitably within its existing district. Be certain to get hold of all the required legal information, and be aware of what being tied in to a franchise business agreement means and the ways in which it’ll affect the business as a whole.…

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IHOP – Franchise Review

IHOP – Franchise Review

IHOP describes itself as the dining room of America. It is also acclaimed as the country’s largest private employer. With 50 years of heritage, IHOP has made a name for itself by offering well-made meals, snacks and beverages to its customers. Its country-continental menu combination is a delight and many families gather at IHOP restaurants for breakfast, brunch and dinner. Its menu offerings are quaintly named, ‘Hearty Omelettes’, ‘World Famous Pancake Combos’ and ‘Signature Soups’ to name a few. IHOP is operated by International House of Pancakes, a Glendale based wholly-owned subsidiary of DineEquity, Inc.

IHOP started opening franchises all over the nation with this sole aim. With informed core values such as integrity, excellence, innovation, accountability, trust, inclusion and community, the founders Al and Jerry Lapin along with several other investors, expanded the chain of restaurants all over the nation.

As of September 2010, there are nearly 1,483 IHOP franchises operating in 50 states. Nearly 99 percent of the IHOP restaurants are operated by the franchise owners who are trained according to the restaurant rules and regulations. IHOP is known for its moderately priced, high quality foods and beverages that are served in an elegant atmosphere.

To its customers’ delight, IHOP offers the option of making changes to their favorite items so as to retain the taste while sticking to the calorie count they are conscientious about. IHOP offers 14 varieties of dishes such as omelets, salads, sandwiches, burgers, steaks and chicken.

The uniformity of the franchises, qualified staff and the ambitious vendors; all account for IHOP’s exponential growth rate in the recent past. With 50 years of experience in serving food to guests, IHOP staff knows work ethics and food serving etiquettes to the ‘T’. It does not matter if the one visiting the restaurant is a celebrity or a common person; the kind of hospitality shown to both is the same. IHOP common stock is listed and traded on New York Stock Exchange under the symbol ‘IHP’.

IHOP is highly concentrating on the domestic growth markets such as Nebraska, St. Louis and Kansas City. International growth markets such as Canada, Caribbean and Central America; and non-technical growth markets such as Airports, Casino Clubs and Universities are their areas of expansion too.

The minimum financial requirements, to obtain a franchise, are holding a net worth of $ 1.5 million and liquid assets worth of $ 500,000. One also needs to pay $50,000 towards the franchise fees, the total estimated investment would fall in between $2.0 million and $3.5 million. It is mandatory to have a unit size of around 5,000 sq. ft with the availability of seating space for 185 people. It is also mandatory to choose a location with 25,000 to 50,000 per 3 mile population. IHOP also takes several other things like the freeway traffic and density of retail stores or offices into consideration while opening the franchise with a third party.

When looking to start any business it is important, particularly considering today’s market, that you look for specific ways to cut minimize or reduce overhead and risk. Any business is going to have risk, but it is important to have a full understanding of the amount of investment, startup cost and “ROI” (Return on Investment).

Did you know that 80% of ALL franchise endeavors fail in the first two to five years leaving large debts looming for years thereafter?

You can cut your risk by taking advantage of the new age of entrepreneurship. Opportunities have emerged in the online market that are creating millionaires every single day. Learn more about the exciting opportunities tied to a business model that begins profitable by visiting: .…

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Business Insurance

Pattern Fraud Paperwork And Letters

The United States Nationwide Debt – 233 years within the making. Baby boomers suffered by way of the identical recessions as X-ers, many lost their jobs, I do know it occurred greater than once at my house. Please pray for me I really want a job to support my family and to broaden my business, with the little am earning now by the grace God have been paying my tithe, thank u God bless u.

They are saying they tithe their time frequently ( they don’t) or they offer when they feel God tells them to take action, (every three months they may give $20 or $10) and so they say that should be enough, (it isn’t). You think its cool that the newborn boomers are suffering.

Thanks for the prayers froanyone who does pray for us and unwell pray for you individuals as nicely. I knew the significance of paying tithes in the past, however I didn’t understand. Tony Robbins throws his support behind unbelievable claims and periodically faces the failures that consequence.

Now we’re in more bother no one to help owe so much to financial institution and other people, please pray that we come out of this case and we are blessed and stay a happy life. Basically, Child Boomers are bankrupt on all three counts. I have never been throwing tithes repeatedly or sowing seeds.

I will pray that God will bless you with other methods of giving in order that He can bless you to assist others. Thank you!and please pray for my monetary need and to overcome all my problems. It was the infant boomers (and their dad and mom) who continuously elected in officers who did not serve our nationwide pursuits.

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The Franchise Industry and Fast Food Tax Implications Considered

The Franchise Industry and Fast Food Tax Implications Considered

As soon as we have universal healthcare, and or universal health care insurance there will be more people going to the doctor for more hypochondriac reasons than ever before. This will cause shortages in our health care system, and lines. Due to supply and demand it will also raise the price to an unbelievable level, which is unacceptable and unsustainable.

Once we go down this path we will have to have price controls. Once we do that, those who work in the healthcare industry will quit because they can make more money doing something else. What most people don’t understand is that socialism doesn’t work. No matter how many times it is played, history always has shown that socialism is a dead end. But it gets much worse when it comes to health care.

With the supply and demand issues, some people will have to be denied health care so others can have it, our federal budget will not be able to pay for it all. So they will have to raise taxes, something that citizens hate and often use as a reason to rebel and revolt against the government.

So, our government will attempt to place taxes on those things that they “believe” cause health issues. Notice, I used the word “believe” because our Congress can label anything a healthcare risk, and thus, tax the crap out of it. Thus, it will be based on politics not necessarily on reality.

It is interesting that the long lines in our health care have not even started yet, but they are trying to figure out a way to pay for all the promises they are making to the American people for this elusive universal healthcare plan. They have discussed putting very high taxes on alcohol, cigarettes, and even the types of food which are “believed” to make some people overweight.

Yes, that means the fast food industry. Now, I don’t know what you know about the fast food industry, but let me tell you that Ray Kroc of McDonald’s created 20,000 millionaires due to all the McDonald’s franchised outlets. Those are small businesses and each one employs 20 to 45 people each in the United States.

What you may not understand is some of the most profitable franchises are indeed fast food restaurants, or QSRs Quick Service Restaurants. And did you know that the franchising industry accounts for one-third of every consumer dollar spent in our GDP. If we crush the fast food franchise industry, we will be hurting our economy, and we will have less tax revenue overall to pay for Medicare, Social Security, and the universal health care plan that President Obama is sponsoring.

This is an economic disaster waiting to happen, promised to you by someone who doesn’t understand the implications of what they are doing, or the unintended consequences they are creating. Please consider all this.…

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Zoomin Groomin Franchise Review – Pet Grooming Business Opportunity

Zoomin Groomin Franchise Review – Pet Grooming Business Opportunity

Zoomin Groomin is a relatively new franchise opportunity that has been franchising since 2006. The ideal franchisee is a pet groomer who is looking to leverage a franchise system for marketing and management support. The Zoomin Groomin franchise owner runs a grooming salon and pet spa directly from their home. So, obviously, the owner must have a home sufficient for this type of activity and experience in this line of work.

The franchise fee for this opportunity ranges from $10,000 to $20,000 depending upon the number of households in the territory. There is an ongoing royalty fee of 6% of the gross sales with a minimum of $75 per week. There is also a marketing fee of 3% of the gross sales and there are also minimum weekly requirements for this as well. Startup costs are estimated at $32,000 to $59,000 and third party financing is allowed. New franchisees must have a minimum net worth of $100,000. The company states that the typical initial investment is usually $32,000- $35,000.

Zoomin Groomin franchises must be owner operated. Therefore, if you are looking for a franchise opportunity that could result in passive income, this would not be for you. Zoomin Groomin offers the franchisee advertising and marketing programs, training, product purchasing discounts, a centralized call center for appointments and financial accounting services, and public relations support. Their support team assists new owners in developing optimal business practices and operations. They tout their “ZipWash” System as a proprietary program that can be operated from a qualified and approved vehicle. They also highly promote the advantages of leveraged buying power as a Zoomin Groomin strategic partner and member of one of the largest pet grooming services in the country.…

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Business

Tips On Improving Your Odds For Refinansiering Approval

If you want to make your home refinance process go as smoothly as possible, here are a few tips to keep in mind. First of all, you must verify your qualification. Next, gather all the necessary paperwork. Finally, prepare for an appraisal. But before everything, you should review your financial goals and interest rates.

Lenders get many loan applications daily, and they reject most of them. Luckily, you can do many things to boost your odds of refinancing approval. Check this page to learn about  applying for a loan. And if you are unsure how to do that, get a licensed financial adviser’s opinion on refinancing before applying. They will tell you what steps to take and what to expect.

Apply at the Right Time

Although some people need to get their refinance process underway as soon as possible, delays are much more common than many think. To avoid that, learn about market trends and events. And don’t rush to refinance at all costs. Instead, take your time to observe the situation and compare lenders for the best possible rate. You can save money and improve your financial situation by catching the right moment.

Maintain Good High Score

A high credit score increases your chances of being approved for refinancing. Lenders see people with good credit as less risky. So before applying for a refinance loan, it is recommended that you check your credit reports to spot mistakes or other areas that can be improved. For example, you can solve some high-interest debts, increase credit card limits, and optimize their usage.

A high credit score also increases your chances of being approved for a lower interest rate. Lenders can offer you better refinancing terms if they find you a worthwhile applicant. You can make the most of these factors by using a mortgage specialist to compile this information.

While you may think you need to have a high credit score to qualify for refinancing, you might not be necessary. If you are an existing customer, your credit score may be lower than what lenders expect. However, if you make all of your payments on time and in full, your chances of approval will increase. A low credit score isn’t a deal-breaker; you should still shop around for the best loan.

Work on Your DTI

Although having a high credit score is essential for refinancing, lenders consider other factors when deciding on your application approval. For example, your debt-to-income ratio is another important consideration. The DTI ratio on your credit report may be higher than you think. If so, you should pay off your balances or increase your income to improve your credit score.

Get a Co-Signer

Another option to improve your approval chances is getting a creditworthy co-signer. It could be a parent, a relative, or a trusted friend. They will be on refinance loan with you, and if you fail to make your payments, they will be held responsible. That probably won’t happen if you pay your installments on time, but getting a co-signer is necessary for lenders to find you less risky.

Know Your Equity

A home equity line of credit can help you out in times of financial need. This refinancing is secured by your home equity and credit score. But before you can apply for refinansiering with latestretail.com, you should calculate your equity. Simply, subtract the amount owed on your mortgage from the value of your home.

You may qualify for a lower interest rate or even lower fees by having more equity in your home. After all, lenders look at borrowers with higher equity as lower risks. Also, it protects you if the value of your home declines.

Lenders will only lend eighty to ninety percent of your home’s equity. For example, cash-out refinances are limited to about $8,000-$9,000 per $10,000 equity. To figure out your home equity, review your mortgage statement to see if you have enough equity. If you do, you can apply for a cash-out refinance to make your loan more affordable.

You can qualify for a cash-out refinance if you have 20% equity or more in your home. You can use this money to make home improvements or pay for your child’s college tuition. Depending on your needs, locking in an interest rate may be worth it. Suppose you’re planning to stay in your home for a long time. In that case, it’s important to understand your equity to get approved for refinancing.

Make Home Upgrades to Increase Its Value

The refinancing process involves a home appraisal, which you should prepare for. However, it can be an excellent way to make some home improvements. And while refinancing your home isn’t always a good idea, it can help you improve your home and get the cash you need.

Upgrades you’ve made …

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Franchisee Associations

Franchisee Associations

Although the Federal Trade Commission (FTC) has rules and regulations in place to protect franchisees and franchisors, there is an additional source that franchisees can go to for support during a conflict with a franchisor. Once someone becomes a franchisee, they will have the opportunity to join a franchisee association. These associations were created to expand on the limited choices franchisees have had in the past (catapulting to the franchisor’s demands and litigating with them). Now, instead of litigation or capitulation, franchisees that join an association are linked to an organization that explicitly advocates the franchisee’s position.

One way that franchisee associations work on behalf of their members is by protecting their economic interests. This is often done by viewing a franchise through the franchisee’s eyes. For example, once a franchisee joins an association, the association will defer to the franchisee in negotiations of all agreements made between franchisee and franchisor. So, instead of a franchisee providing two maintenance components for the company (paying for lawn care and window washing), the association might propose that the franchisee only be required to provide one of them (lawn care). In this way, they are looking out for the best interests of franchisees. When faced with the influence of a large franchisee association, franchisors may be more apt to negotiate new terms in franchise agreements without having to resort to litigation or arbitration.

Directly addressing franchisors isn’t the only means franchisee associations use, they also lobby with federal and state lawmakers about the rules governing franchisor-franchisee relationships, on behalf of franchisees. An association that has a voice where laws are passed is paramount to defending franchisees. They can use lobbyists and attorneys specifically employed to get a response to the issues that face franchisees everywhere. And, having their own lobbyists in place eliminates a one-sided argument and gives voice to the concerns that might not be raised otherwise. Franchisee associations also use the media to get their agenda known. Town hall meetings, occasional commercial ads, variously placed volunteers -all of these are avenues that franchisee associations might use to gain the attention of the general public in hopes of spurring action on behalf of franchisees.

There are many franchisee associations spanning the country. Most have a membership fee, and generally individual franchisees are welcome to join. Some even allow independent associations of franchisees to join under their umbrella franchisee association.

Before committing to a franchisee association, it’s a good idea to get some legal advice. Franchisee associations are helpful, but what they do (unless their demands eventually become law) is not legally binding. A franchise lawyer is the safest bet when hammering out the relationship between the business franchise and the franchisees. Skilled in handling multiple fronts of the franchise industry, these lawyers can create documents that plainly detail what is expected of each side. They can also update or review existing legal documents and give advice to franchisees and franchisors in future legal matters. To get a list of the franchise lawyers in your area, search our site by state. We include franchise lawyers working throughout the country, and will provide you with the names of numerous firms and which city they’re located in.…