Basics of Franchising

Franchise Start-Up Cost
Smart franchisees investigate the costs in their area and modify the franchisor's projections based upon the reality of their markets. By Michael Seid, Managing Director, MSA Worldwide  For anyone thinking of starting a new business, determining how much capital will...
Posted by msablog
Posted on: February 14th 2018
generic brands - lorem ipsum mart
Franchising is a system for expanding a business and distributing goods and services, and is based on a relationship between the brand owner and the local operator to skillfully and successfully expand. By Michael Seid, Managing Director, MSA Worldwide Put...
Posted by msablog
Posted on: February 10th 2018
woman pondering the future
As a franchisee, you are agreeing to follow someone else’s operating system, including specific requirements for marketing, suppliers, and the products or services you offer. By Michael Seid, Managing Director, MSA Worldwide When you're considering making an investment in a...
Posted by msablog
Posted on: February 6th 2018
Pros Cons Becoming Franchisee
Only you can determine whether becoming a franchisee is right for you and your family. It’s a personal decision – take the time to do your due diligence before making a life-changing investment. By Michael Seid, Managing Director, MSA Worldwide...
Posted by msablog
Posted on: February 2nd 2018
Franchising Fundamentals
By Tom Portesy, President, MFV Expositions LLC For countless people, franchising has changed their lives from employee status to business ownership. But only those who understand the fundamentals of franchising are likely to succeed. Franchising doesn’t include any guarantees for...
Posted by msablog
Posted on: January 31st 2018
Franchise Disclosure Document
By Michael Seid, Managing Director, MSA Worldwide The FTC Franchise Rule mandates franchise disclosure The Federal Trade Commission (FTC) is the Federal agency that governs the manner in which a franchise is offered for sale in the United States and...
Posted by msablog
Posted on: January 30th 2018
mall storefronts
There are nearly 800,000 franchise establishments in more than 120 industries employing over 9 million people in the United States. Franchising is the dominant creator of small independently-owned businesses in the United States, and has been for decades. PAST AND...
Posted by msablog
Posted on: January 26th 2018
What is a Franchise Agreement
Every franchise is governed by the terms of a contract between the licensor - the franchisor - and a licensee - the franchisee. This contract is called the Franchise Agreement. By Michael Seid, Managing Director, MSA Worldwide A Franchise Agreement...
Posted by msablog
Posted on: January 22nd 2018
Franchise Relationship Structures
The various types of franchise relationship structures and how they function, from single-unit and multi-unit franchising, to master franchising and area representatives, as well as other franchise options. By Michael Seid, Managing Director, MSA Worldwide The Various Types of Franchise...
Posted by msablog
Posted on: January 17th 2018
About Franchise Royalty Fees
In most franchise systems, the “financial relationship” element is usually met in two ways: a one-time upfront payment (known as the “Initial Franchise Fee”), and an ongoing payment (known as the “Royalty Payment”). By Andrew Seid, Consultant, MSA Worldwide The...
Posted by msablog
Posted on: January 16th 2018
Typical Franchise Fees
When you enter into a franchise agreement as a franchisee, you will typically be agreeing to pay the franchisor a variety of one-time and ongoing fees. 1. Franchise Fee The Franchise Fee (also called the “initial franchise fee”) is the...
Posted by msablog
Posted on: January 16th 2018
Home Based Franchises
How can you tell what is a genuine home-based franchise opportunity, and what is not? Like any business opportunity – franchise or otherwise – it is imperative that you do your due diligence before you invest. By Andrew Seid, Consultant,...
Posted by msablog
Posted on: January 13th 2018
Before Buying Franchise
The article addresses three important but too-often overlooked realities that anyone interested in becoming a franchisee needs to know BEFORE engaging in the process. By Andrew Seid, Consultant, MSA Worldwide Buying into a franchise system can be an incredibly fruitful...
Posted by msablog
Posted on: January 10th 2018
The Right Franchise for You
The key to choosing the right opportunity for the next phase of your life is to ask yourself some very important questions; how you answer each of these questions will guide you towards specific types of franchises. By Theresa Huszka,...
Posted by msablog
Posted on: January 9th 2018
Even with the recent increase in multi-unit franchisees, the single-unit franchise remains the standard for many brands. By Andrew Seid, Consultant, MSA Worldwide In franchising, there have historically been two general types of franchisees: Single-Unit and Multi-Unit. Historically, Single-Unit Franchisees...
Posted by msablog
Posted on: January 7th 2018
In addition to the Franchise Agreement that each franchisee signs, a multi-unit developer enters into a multi-unit development agreement with the franchisor. By Michael Seid, Managing Director, MSA Worldwide While a franchisee may over time acquire multiple locations, an Area...
Posted by msablog
Posted on: January 4th 2018