Sentences with phrase «when franchisors»

For these reasons, the Ontario government introduced comprehensive legislation, known as the Arthur WIshart Act, designed to ensure that potential franchisees are properly informed about the franchise system they are entering, and to provide protections and remedies when franchisors engage in misrepresentation or operate in a way that is unfair to their franchisees.

When a franchisor «effects» a resale transaction and, as a result, is disqualified from the resale exemption in the Act.

Not exact matches

She was looking for a women's resale shop concept when Winmark, the Minneapolis - based franchisor of Once Upon A Child, announced its launch of Style Encore.

But franchisors are bashful when it comes to talking about how much moolah franchisees can actually earn running their businesses.

We spoke with experts, franchisors and franchisees in restaurants, mobile opportunities and personal - service companies to estimate the profits one might expect when investing in different types of businesses.

If you're interested in buying a franchise, it's just as important to ensure that franchisor has a concrete strategy for when it becomes time to move on.

So when it comes time to sell your business, the fact that you're a successful franchisor that has established a scalable growth model could certainly be an advantage.

Here, four franchisors have revealed their most important pieces of advice for business owners who are considering franchising - advice they wish they'd been told when they first entered the business.

When the iFranchise Group compared the valuation of the S&P 500 vs. the franchisors tracked in Franchise Times magazine in 2012, the average price / earnings ratio of franchise companies was 26.5, while the average P / E ratio of the S&P 500 was 16.7.

The most important thing I can stress when considering opening a franchise is to make absolutely sure you will want to be in the business and industry and with this franchisor for at least 10 years.

In April, the NLRB concluded that healthy fast - casual chain Freshii is not a joint employer, even when considering both the direct and indirect power of the franchisor in terms of hiring, firing and discipline.

When the time came to prepare the owner's exit, the franchisor reached out to both members of the family and worked with them to smoothly and profitably transition the business to the next generation.

Item 6: Other Fees Don't make the mistake of thinking your financial obligation to the franchisor ends when you pay the franchise fee.

While it's true that owning a franchise offers a lot of freedom, especially when compared to working for someone else, there is a rule book — and it's written by the franchisor.

Today's increasingly sophisticated franchisees know what most franchisors want and may tailor their answers to suit the situation — even when the ultimate result isn't in their best interest.

Find out if the franchisor gets a commission or rebate when it places ads.

«High ratings from franchisees, when obtained confidentially, are evidence that a franchisor consistently meets or exceeds franchisee expectations,» says Jeff Johnson, Founder and CEO of the Franchise Research Institute.

Once you are enrolled in a franchise system, the franchisor will help to set up the sale of your franchise, as well as onboarding the new owner when you are ready to move on.

When you first reach out to a franchisor and express interest in buying a franchise business, they will arrange for a meeting with a franchise representative.

A franchisor can also offer you training, access to advertising support, signage and shop fittings, equipment and access to operational intellectual property, materials, supplies and stock, and ongoing advice, which can be hard to get when starting from the scratch.

When considering brands as a franchisee, TA seeks a reputable brand that has established its name as well as one that is in good standing with its franchisors.

«When franchisees see the franchisor investing in the brand — and getting good results — it gives them the confidence to make the leap and improve their restaurants,» says Kerry Kramp, Sizzler USA president and CEO.

Whether a franchisee or franchisor, when starting such a partnership both parties are generally committed to a long - term and fruitful business relationship.

We become a stronger, better franchisor when we are in the trenches running our restaurants along with the franchise owners.

Investors in Retail Food Group are bracing for more bad news when the troubled food and coffee franchisor finally releases its December - half results.

Investors in Retail Food Group are bracing for more bad news when the troubled food and coffee franchisor finally releases its interim profit results.

HUMAN Healthy Vending Embraces Local & Farm - Fresh Products HUMAN Healthy Vending — the leading socially - responsible franchisor of healthy vending machine businesses — is filling the gap between the local food movement and vending industry by sourcing local products, even farm - fresh produce, when available.

When the arbitrator refused to do so, the franchisor went to court.

When the client is the franchisor Franchisees are not the only potential claimants.

GM gave the dealers just six days to obtain legal advice and sign the agreement when as a franchisor, the law required it to give them at least 14 days to mull over the deal, David Sterns told the court on the first day of the $ 750 - million class action lawsuit against GM.

The Arthur Wishart Act provides that, when a franchise agreement is validly rescinded, the franchisor must:

Franchisors should bear this in mind when preparing their documentation.

When a franchisees is in financial distress and looks to either close shop or otherwise get out of the franchised business, a franchisor often...

Personal Career Management are also members of the British Franchise Association (the BFA) and operate their own franchise network, so have an understanding of what franchisors look for when they consider potential franchisees.

This informal guidance changed the previous «direct» control standard to a more ambiguous «indirect» control standard, creating uncertainty for franchisors when structuring franchise programs to avoid joint - employer liability.

Having a long track record of success before and after joining Keller Williams, Alexander was contacted «by virtually every franchisor in Canada,» when he began to search for new opportunities not long ago.

In an era fond of retro products and services, the venerable real estate franchisor, reported to be the largest global network in the residential real estate industry with approximately 6,900 independent offices worldwide in 78 countries and territories with more than 101,000 independent sales professionals, understands that building relationships and earning the affinity and trust of real estate consumers is as important today as it was when brokers Art Bartlett and Marsh Fisher established the CENTURY 21 ® brand in Orange County, Calif., on July 28, 1971.

The roots of the U.S. franchisor date back to 1906 and the aftermath of the San Francisco earthquake, when Colbert Coldwell set up a real estate company to help rebuild that city.

Based on the success of the pilot, the franchisor has plans to launch it in various markets across the U.S., offering a two - lane option for agents to present to sellers — the fast lane and the express lane, both backed with the transparency and security of a seasoned franchise, and both able to provide sellers with a degree of security in knowing when their home will sell.

In fact, a recent court case shows that «when a consumer sued a major national brand for the actions of a nearly defunct franchisee, documents filed by the company contended that the franchisor bears no responsibility for the actions of the individual franchisee or its agents — and the court agreed.»

When the National Association of Realtors decided last year that franchisors like Century 21 would be allowed to publish IDX listings in any markets where they had affiliated brokers, Horning and other brokers protested the move.

CHARLWOOD: We were the first national real estate franchisor in Canada and the business model we had when we started was novel.

The acquisition of real estate franchisor Better Homes and Gardens Real Estate Service by GMAC, when allied with GMAC Mortgage Corp., will allow GMAC to offer consumers an appealing one - stop shopping choice.

Franchisors now want a seat at the table when the province's largest board — Montreal — meets, to have a greater say in MLS operations, services offered by the board and costs to members.