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... Recently, the FTC amended its old FTC Rule, which it had not touched since the 1970s, to create the amended FTC Franchise Rule (“Amended Rule”). All franchisors offering and selling franchises in the U.S. had to convert their old disclosure documents to the new franchise disclosure document or FDD format required under the Amended Rule by July 1, 2008. There were several changes from the old FTC Rule and UFOC Guidelines to the Amended Rule. The expansion of litigation disclosures under the Amended Rule is among the most significant changes for franchisors. Most importantly, the Amended Rule requires a franchisor to disclose annually in Item 3 all franchisor-initiated litigation involving the franchise relationship filed during the previous fiscal year. It is important to note that the Amended Rule will not preempt state franchise laws, except to the extent these laws are inconsistent with the Amended Rule, such as registration of disclosure documents or more extensive disclosures. ...
Valoración: 4
Fecha:
... Después de comunicar el FDD ( Franchise Disclosure Document) al candidato, el franquiciador debe comunicarle los formatos disponibles y los requisitos requeridos para obtener y revisar la información precontractual en los formatos disponibles. Tags: Franchise disclosure document , Amended FTC Franchise Rule , Federal Trade Commission , Liz Dillon , Gray Plant Mooty , Franchise , Franchisor , Franchisee cheap gerneric viagra Cialis Drug “generic viagra levitra and cialis pills”
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Valoración: 4
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... The Amended FTC Franchise Rule nos habla de las más importantes reformas experimentadas por la Ley de Franquicias de allí en relación a los documentos y la información previa a presentar a los candidatos y sus consecuencias. ...
Valoración: 4
Fecha:
... Los números en si mismos no dicen nada del negocio ni de mi know how,( de hecho hemos visto ayer en el artículo de Liz Dillon que que la nueva Amended FTC Franchise Rule, exige los ratios del negocio mientras quelos números absolutos no son obligatorios a entregar como información precontractual), los ratios a conseguir si, porque de ellos salen los números, pero….sin las operaciones n... ...
Valoración: 4
Fecha:
... If we want a good relationship between franchisor and franchisees, the story starts with the Franchise Sales Process. The International Franchise Association recomended their afiliates the following advice to start the conversations with their franchisee prospect:
Honest communication: to be focused on two points: Who I am, and what I can do for you in case you are the right person to join our franchise net. Be sure that you communicate the prospect what exactly a franchise is. A good two-way evaluation about the prospective franchisee according to your target profile and about your franchise system according to franchisee expectations. Make sure you are going to be a team, interdependence is the key. A Good Franchise relationship starts with the Franchise Sales Process, use this advice and extend it to the conversations that follow the first contact and probably everything will be OK.It is a good way to start. ...
Valoración: 4
Fecha:
... Despite the amazing figures that each year different consultant companies launch to the market with studies totally different from each other, there is a reasonable doubt if there’s enough room for everybody in the Spanish Franchise market. That is the reason why each sector top list, “the marquee players”, hurry up to fill the free remaining places. Obviously in this race they have realized how faster is to buy another Franchise Brand than to grow by opening new sales points and recruiting new Franchisees. This option involves the problems every merger or acquisition involves (people, synergies,culture crash…etc…), but it is clearly the right way to achieve their goal. The problem for smallest (10, 20, 30 or 40 units) is that the situation is getting worse and worse, fewer clients and less money for them, and the danger of being caught by the big ones. ...
Valoración: 4
Fecha:
... Why?. There are many reasons, but we can aproach the problem by considering two franchisor´s groups:
1.- For those who start franchising, their start decision to franchise is made based upon the fact that the business is franchisable, without any consideration being given to the following topic:
How much money should I spend to achieve the franchisee number that I want or that is my breakhea... Amazingly they consider more important other topics not related with their growth, forgeting completely that the key of this business is to achieve the most franchisees you can as soon as possible. In the early stages, expenditures are high and revenues low. This is the principle cause of many start-up disasters.
2.- For those who already are in the market, they have a budget, but not an “Expansion budget”. Where should I put the money in leads generation? Budgeting is Crucial in a Franchise Expansion,…do not forget that. ...
Valoración: 4
Fecha:
... Always when I talk about franchise sales process, I insist about how much important is not to go out of the predeterminate process. be constant, do not fail and always follow the process. No matter how interesting is the new candidate, or if he doesn´t follow the track or if he is outside our profile candidate goal, in all that cases candidates deserves to be fired out of the selection process. Imagine for instance a Edge found manager that wants to invest in 4 franchise units to diversify their business and is willing to discuss about if there is a good idea that franchisor manage these franchise units. Think about the exchange….money to run the investor units, earnings for royalties, earnings for product..just for doing the best that you know how to do!!!!! This morning I have been flexible despite my franchise sales rules, but just for this time. ...
Valoración: 4
Fecha:
... Why go International With your franchise? .According to my friends ( and possible partners in USA), Edwards Global Consulting There are many reasons to consider expanding your geographic extent of your brand to other countries: Increase brand and shareholder value, adds new revenue sources, reduce dependence on your home market, Leverage your existing technology, knowledge and intelectual Pro... Actually the most important thing is a strong commitment of your company “to go International”. Deciding where to go based on Internet leads, phone calls, or amazing opportunities is exactlly the right way…to fail. Do I know where, why, when and with whom should I plan my International development? am I prepared for cultural challenges in the new markets? All these are only some of the questions, you probably need more, but it is a good start. If you have the answers, keep going,go ahead, otherwise, please don´t do it. ...
Valoración: 4
, Fecha: 03/02/10
... Estar en el Blogroll de “The Franchise King”, con lo que es Franchise King para el mundo de la Franquicia estadounidense es sencillamente una pasada!!!! y como podéis comprobar por la foto y el link que os pongo hoy, eso es lo que ha conseguido este Blog, estar en el Blogroll de una de las referencias estadounidenses en el sistema de Franquicia. We are going to try to be at the level requiered according to your recommendation!!! A pleasure to be in your Franchise Kingdom”
Tags: Blog de la Franquicia , Franchise King , Joel Libava ...