There are many steps to running your own franchise business. Becoming a franchisor can invlove long-term cost especially in our current economy. It can be a great expansion strategy or it can come back to bite you if you aren't careful. If you would like more information on starting a franchise, check out http://www.entrepreneur.com/article/204998
You first need to contact the franchise you are interested in selling and see if they require any steps before you start selling their franchise. Then you can get started possibly by taking a course or getting a starter kit.
You should have a business plan as it will greatly help you in starting a franchise. You should start a small business first and then expand to a franchise.
To open a business you will first need to obtain a business license. Then you would have to obtain a space and then purchase the franchise that you are interested in.
Each business franchise is going to be different. First you need to figure out what franchise you want to start than you can go about figuring out what you need to do in order to start. Check out this site for a list of opportunities: http://www.franchiseopportunities.com/
The following link, http://www.ifranchisegroup.com should be able to help you. They offer a free video that will show you what you need to do in order to franchise your business.
If you want to start you own business, first you need to figure out a business plan. Second you will need to prepare yourself on what you will need to start your business and keep it going. You can find more information by visiting http://www.sba.gov/content/follow-these-steps-starting-business.
Opening a franchise can be a good business opportunity if there is a need for that service in the area you are planning on developing. Opening any business in this economy is a significant risk so do your research!
I need help in finding out, what challenges management face while in operation of McDonalds franchise business?
There are many different legal activities that must be completed in order to start a dog clothing business. This website will give you information on what, how, and when these legal activities will need to be performed. http://www.sba.gov/content/follow-these-steps-starting-business
The first thing you should do when considering starting a small business is to plan and research; you will need to make significant financial and legal decisions that you will need to make so finding the right support is crucial. The Small Business Administration is a great place to start when researching how to start a small business; it provides easy to follow instructions on what you will need to do. http://www.sba.gov/content/follow-these-steps-starting-business
To franchise Paotsin Dumplings you would need to contact their corporate office. There are many steps as well as financial and credit obligations that must be met before one can open a franchise.
The franchise tax is different for each state. You will need to refer to the IRS or local state library to get an idea of what it means for you and your small business.