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Tip of the Day

10-Second Tips for Business Success

AllBusiness.com
November 2, 2006

 

Franchise

Know Your Franchise Resale Rights

Some franchisors allow franchisees to sell their franchises, but many franchise agreements include buy-back or right-of-first-refusal clauses. This allows the franchisor to buy back the franchise at a rate determined by them or match any potential buyer's offer. Make sure you know what resale rights you have in your franchise.

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How Filemaker on the Mac helps Paul Budnitz run his fast-growing KidRobot chain...


"It's bulletproof. I mean, it runs our Mac cash registers, does all the credit card authorization and such. It handles all our purchasing, our cost evaluations and calculations. It even does stuff like automated pre-emptive ordering and order tracking. Connects to UPS for shipping. You name it."

How does he do it? See how Apple products are helping small businesses grow.

 

Read more about franchises:

10 Key Provisions of Franchise Agreements
Getting Out of a Franchise
6 Key Steps to Purchasing a Franchise
The Best Ways to Find Franchise Attorneys
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