Best Practices for Avoiding Franchise Fraud

Posted on: May 15, 2019 by RMS Hospitality

As a business owner or entrepreneur, taking on a franchise business can be enticing. From fast food to coffee to car washes, franchising offers up the opportunity to build and grow a portfolio with a lot of potential for growth. And with the opportunity to operate independently, the idea of franchising becomes even more attractive. […] Read More

Posted in: blog Franchise Select

3 Methods to Communicate and Work Well with Your Franchisees

Posted on: May 8, 2019 by RMS Hospitality

When it comes to franchising, communication is the key to building a strong relationship between parties. But communication isn’t as simple as just having a conversation. Franchises can be spread out throughout your city, your state, country, and even the world; think about the global reach of places like KFC and SuperCuts. With the potential […] Read More

Posted in: blog Franchise Select

Franchise Operations: Tips for Success

Posted on: May 1, 2019 by RMS Hospitality

For business owners considering buying a franchise restaurant, whether it’s a baked goods shop or chain of hamburger stops, there are plenty of things to consider. Fast food, or fast-casual dining, is one of the biggest categories when it comes to franchising and can always find a way to turn a profit in good times […] Read More

Posted in: blog Franchise Select

What Kind of Insurance Does a Franchise Need?

Posted on: September 19, 2018 by RMS Hospitality

Franchise restaurants, especially fast-food spots, are constantly on the go. A big key to business is to provide service efficiently, but to not sacrifice quality. If this happens, this could lead to disgruntled patrons and possible legal issues surrounding health concerns. What’s more, franchise owners who handle multiple locations have a lot on their plate […] Read More

Posted in: blog Franchise Select

Franchise Marketing Strategies: The Good and the Not-So-Good

Posted on: September 12, 2018 by RMS Hospitality

Having a strong marketing message is vital to franchises looking to strengthen their customer base while enticing new customers to buy into what they’re selling. However, some false steps in a plan could completely derail your potential and goals of reaching new customers and clientele. Before anything gets underway, it’s also important for franchises to […] Read More

Posted in: blog Franchise Select

Understanding the Rules and Regulations of Being a Franchisor

Posted on: August 29, 2018 by RMS Hospitality

Owning a franchise operation always sounds like a great investment for businesspeople looking to expand their franchise footprint. Franchises initially present a great opportunity with a baked-in concept, business plan and marketing operation already in place. But before business owners take on this entrepreneurial endeavor, they have to go over some particular rules and regulations. […] Read More

Posted in: blog Franchise Select

Are Franchisors Responsible for Their Franchisees’ Actions?

Posted on: August 22, 2018 by RMS Hospitality

In most cases, when something goes wrong at a franchise, franchisors often get blamed due to confusion. Lawsuits could arise and franchisors could get see a world of trouble due to wrongful acts by a franchisee or employees at a franchise. Negligence, discrimination, assault–these are some of the things that could get a franchisor owner […] Read More

Posted in: blog

The Hidden Liabilities in the Franchisor and Franchisee Relationship

Posted on: August 15, 2018 by RMS Hospitality

For franchise owners or would-be franchise owners, there’s plenty to factor in when looking to take on new business. But before you plan for a new franchise expansion, it’s important to look at the various legal aspects. Franchisee business offers a great opportunity for business owners and entrepreneurs. However, without covering your liabilities, the level […] Read More

Posted in: blog Franchise Select

5 Important Insurance Policies for Franchisees

Posted on: February 22, 2018 by RMS Hospitality

Owning a franchise is similar to owning any other business, but with some unique benefits and downsides. On the positive side, when buying into a franchise, a lot of the groundwork has already been done, so franchise owners are able to take some of the more difficult tasks associated with opening a business off of […] Read More

Posted in: blog Franchise Select

The Pros & Cons of Franchising

Posted on: February 5, 2018 by RMS Hospitality

Franchising a business isn’t for everyone, as we discussed in our last blog. However, if you have clients who are financially capable, have a proven model of success and have the resources to do so, they’ll need to know the basics of franchising. Or, if you have clients who are interested in buying into a […] Read More

Posted in: blog Franchise Select