Franchising

With so many businesses offering franchise right now, how can anyone distinguish the good ones from the bad? What are some warnings signs that an aspiring franchiser should look for? according to the article I read, you should need to know the track record of the company. Seek out some it’s franchisee and ask them about the company so you will be warned before hand if you should continue negotiating with them. There are businesses that are hesitant to let you on their offices and don’t want to give access to other franchisees or worst, don’t have any franchisees at all. So just take the necessary precaution.

Other obvious signs of an erring company are those who insist on signing their franchise agreement and fees as first in the agenda. Also, the tactics of hard selling like guaranteed payback and 100% success. Usually, in the qualification process the payment and signing should come later. Not the other way around because if you don’t qualify, then why should you pay first? Those that don’t screen their applicants looks very suspicious and seems that there isn’t any good system at all.

[click to continue...]

Partnering with Greenwich Even prior to its acquisition by Jollibee Foods Corporation, Greenwich was already a viable and sought-after franchise for aggressive businessmen and entrepreneurs. With its core value of quality food and service consumers have enjoyed through the years, it has allowed Greenwich to grow to be the market leader and establish its position as a stable and profitable franchise.

Greenwich believes that franchisees are not solely isolated investors; but rather, valuable business partners who are integral to the Greenwich family. Thus, a franchisee’s gain is the gain of the whole Greenwich system.

[click to continue...]