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franchise fees tax deductive cover
December 7, 2022

Are Franchise Fees Tax Deductible?

For any franchise, as far as taxation is concerned, the individual unit (franchisee) is a separate entity from the parent organization (franchisor). The taxation of the franchisee depends on the legal status of the business.The fee structure of the franchise is subject to taxation based on the reason the fee is being paid.To understand this concept
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Strong franchise indicators cover
November 30, 2022

5 Indicators of a Strong Franchise Opportunity

For some entrepreneurs, operating a franchise can be an ideal form of business. The low-investment nature of the system, pre-existing market base, established distribution channels, strong brand and product awareness, as well as the collective bargaining power makes it extremely appealing. However, how do we recognize a strong franchise opportunity that’s worth pursuing? This post
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Franchise agreement early termination cover
October 4, 2022

5 Common Reasons to End a Franchise Agreement Early

A franchisor and franchisee relationship is defined in the Franchise Agreement, which also outlines the length of the partnership, the regulations both have to follow and a contingency to end/terminate the agreement.  However, due to certain circumstances, either party may want to terminate the Franchise agreement prematurely.  There are several factors that may influence either
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franchise vs new business cover
August 16, 2022

Franchising vs New Business: Which Direction Should You Take?

When entering into a new venture, you are presented with two options:  join a pre-existing franchise chain establish a new business venture independently As a franchisee, you will be working with a pre-established business and will act as a distributor of that business under its trade name and business system. A new business is an
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