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Legal
Due Diligence
Franchise Operations & Validation
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Franchisee Info
Dec 12
What Due Diligence IsDue diligence is the comprehensive investigation of a franchise opportunity b
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Validation
Franchise Operations & Validation
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Franchisee Info
Dec 12
What Validation MeansValidation is the process of speaking with current franchisees to understand
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Exclusive Territory
Franchise Ownership & Territory
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Franchisee Info
Dec 12
What an Exclusive Territory IsAn exclusive territory is a defined geographic area where the franch
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Area Developer vs. Area Representative
Franchise Ownership & Territory
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Franchisee Info
Dec 12
Area DeveloperAn area developer is a franchisee who commits to opening and operating multiple unit
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Master Franchise
Franchise Ownership & Territory
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Franchisee Info
Dec 12
What a Master Franchise IsA master franchisee is granted the rights to develop and sell franchises
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Multi-Unit Franchisee
Franchise Ownership & Territory
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Franchisee Info
Dec 12
Who a Multi-Unit Franchisee IsA multi-unit franchisee owns and operates more than one franchise lo
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ROBS – Rollovers for Business Startups
Franchise Financials
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Franchisee Info
Dec 12
What ROBS MeansROBS (Rollovers for Business Startups) is a method that allows entrepreneurs to use
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Item 19 – Financial Performance Representations
Franchise Financials
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Franchisee Info
Dec 12
What Item 19 CoversItem 19 of the FDD is where a franchisor may choose to share financial performa
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Royalty Fees
Franchise Financials
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Franchisee Info
Dec 12
What Royalty Fees AreRoyalty fees are ongoing payments made by franchisees to the franchisor, typi
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Initial Investment
Franchisee Info
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Getting Started
Dec 12
What Initial Investment MeansThe initial investment is the total estimated amount you’ll need to o
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Franchise Fee
Franchisee Info
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Getting Started
Dec 12
What the Franchise Fee IsThe franchise fee is the upfront cost paid to the franchisor when you joi
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Franchise Agreement
Franchisee Info
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Getting Started
Dec 12
What a Franchise Agreement IsThe franchise agreement is the binding contract between the franchiso
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Franchise Disclosure Document (FDD)
Franchisee Info
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Getting Started
Dec 12
What the FDD IsThe Franchise Disclosure Document (FDD) is the standardized legal document franchis
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Franchise Glossary
Franchisee Info
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Prospective Franchisee Info
Dec 12
Franchise GlossaryThinking about franchising or already part of a franchise system? This glossary
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6 Critical Questions to Ask Before Buying a Franchise
Franchise Marketing Solutions
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Franchise Press Releases
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Prospective Franchisee Info
Oct 25
6 Critical Questions to Ask Before Buying a Franchise: What Every Entrepreneur Should KnowBuying a
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What 25 Years in Franchising Has Taught Me About Growth
Franchise Growth
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Franchise Growth Insights
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Franchise Marketing Solutions
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Franchise Press Releases
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Prospective Franchisee Info
Oct 02
Intro:I’m Mark Milburn, and for more than 25 years I’ve had the privilege of working with hundreds o...
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