In this episode of Conversations with TED, partners Rhonda Parish and Sonny Cohen walk through the steps to consider when buying a franchise business. As former general counsels for restaurant chains, Rhonda and Sonny explore the basics of buying a franchise business, including the pros and cons, as well as what to expect as a potential franchisee. Sonny explains how established franchises want business-minded people with an entrepreneurial spirit who are willing to work in the confines of the established franchise. Franchises want to see the potential for growth and how a potential franchisee will be an integral part of the overall franchise’s success. Watch the podcast here.
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Conversations with TED: Franchising
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A patent acts as a legal tool, granting inventors exclusive rights over a specific timeframe, preventing unauthorized creation, usage,...