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The famous Dunkin Donuts franchise was founded by William Rosenberg who played a major role in ensuring that the franchising industry was properly represented. This is why he established the International Franchise Association that is commonly abbreviated as the IFA. This is actually the largest and oldest organization in the world that deals with the franchising industry. This organization is a non-profit one and it currently represents more than 10,000 franchises which are affiliated to more than 1,300 systems of franchising. Order is maintained in the franchising industry by this organizati...

There is an excellent thing about international franchise – it helps companies and brands get global footprint. Even simple sounding bakery brands got global fame through international franchise and they actually managed to maintain a certain degree of their home-grown authenticity. But before you hit the international franchise route, there’re some questions all small business managers should answer in the first place. Which market is right for the small business you are running? This is the first and foremost question to be answered by the business owner. You need to target the right territo...

If you are thinking about purchasing an insurance company, you are surely knowledgeable about the fact that you will be having a large market needing what you could provide. A large percentage of the population actually purchases multiple forms of insurance that only means whatever kind of company that you purchase. You will surely have large target audiences. The essential decision that you have to make when thinking about buying this kind of company right for you is about getting a standalone insurance company or an insurance franchise. Since the entire businesses are risky in a way or anot...

Franchising is a great way of being part of a successful establishment which is actually an excellent way that entrepreneurs have for owning a business. The franchisor is the main party which is involved in selling part of the rights to the franchisee at a given amount of money. Many people who are interested in franchising usually ask themselves this question, ‘What does the initial franchise fee cover?’ This is in a bid to become more aware about the details of the franchise fee. Since the franchisor needs to have a stream of revenue coming in that is generated by the franchisee, there will ...

Inexpensive franchise opportunities are on high demand as they have low investment cost. These opportunities can be found in different industries. There are some cheap franchises for the people who would like to operate them part-time. There are various costs that are related franchising. Entrepreneurs should research and evaluate these costs before joining a franchise so as to determine how cheap the franchise is. There are some inexpensive franchises that can be started with just $1,000 liquid cash while there are others that require a higher amount which can be up to $100,000. Cheaper franc...

Many people who are interested in venturing into the business world usually prefer franchising to starting the business from scratch. This is mainly owing to the fact that it is usually more involving and stressful to start the business from scratch since it is more risky this way. The fast food franchises have proven to be amongst the most lucrative and at the present moment, the demand for Indian fast food franchise is one the rise. The population of Indians has increased dramatically in the United States and most of them usually prefer to eat their traditional delicacies. The demand for the...