Franchise Bankruptcy – What if the Franchisor Declares Bankruptcy

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One of the first questions that many franchisees will have when the franchisor goes into bankruptcy is “Can I keep running my business?” The answer to this is a resounding yes. When a franchisor declares bankruptcy they lose all the rights they have to their name and brand. This means they have no legal grounds on which to try and prevent you from using the name in your business. However, you need to make sure that you want to use the brand name for your business. People may associate your franchise with the bankruptcy and stop from … Read more at Free Business Cards

Guide to starting a small business

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There are many benefits to starting your own business.  Starting a business is always a rewarding experience, whether you fail or succeed.  There are many risks in the business world.  If you don’t have a lot of business experience and don’t want to risk losing a huge investment, you might want to consider buying a franchise.  The benefits of owning a franchise are many.  You will be under an umbrella brand name that is instantly recognized and you will get assistance from the Franchisor. If you don’t want to go that route, you can always start your business small from … Read more at Free Business Cards