Get Acquainted with Franchising

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Aug

20

2019

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When to Follow Franchise Trends and When to Avoid Them

A quick internet search of “franchise trends” will turn up hundreds of results about the “next big thing” in the world of franchising. Is it a good idea for you to jump on those trends? In addition to the types of franchises on the rise, business models and funding sources…

Aug

06

2019

The Right Franchise For Your Climate

Once you’ve decided to become a franchisee, you have to choose a franchise to invest in. There are many factors to take into account. How comprehensive is the training program? What is the required investment? What are the pros and cons of the business model? In addition to these questions,…

Jul

16

2019

Millennials and Franchising: Opportunities for Younger Franchisees

First things first, who are millennials? Well, it depends on who you ask. Many reputable publications are in disagreement about an exact year but Pew Research says millennials were born between 1981 and 1996. They are the largest and most diverse living generation. We know that millennials generally have more…

Jul

02

2019

Man thinking and eating ice cream
Loving the Product Doesn’t Necessarily Mean Loving the Business

One way to approach your franchise search is to focus on the businesses that you personally enjoy. Maybe it’s the pizza you can’t get enough of or the gym that keeps you motivated. You can easily whittle down your list of potential franchises by paying attention to your own buying…

Jun

25

2019

Woman looking through binoculars
Finding the Right Location for Your Franchise

The real estate adage “Location. Location. Location.” is just as true for businesses as it is for homes. The location of your business affects everything from customer access to supplier relations to how much you enjoy the daily commute. With that importance in mind, let’s look at some aspects to…

Jun

18

2019

Man thinking while looking at laptop
6 Reasons Franchise Businesses Fail and How to Avoid Them

As an investment and a point of personal pride, you want your franchise business to succeed. So does your franchisor, your customers, and your employees. So, as you begin your franchise journey, let’s look at some reasons franchises fail and what you can do to avoid them. 1) Lack of…

Jun

11

2019

Hands on a table with online logos
How to Market Your Franchised Business Locally

You did it! You’re a franchise business owner. And while one of the reasons you decided to franchise was to own a business with a proven system and brand recognition, including national advertising campaigns, you still have to think about marketing in your local community. Isn’t That What the Brand…

Jun

05

2019

Little girl smiling and painting a colorful canvas
Is A Children’s Franchise Right For You?

Starting a Children’s Franchise What could be more rewarding than being in a position to affect future generations? When you own a children’s franchise, you will experience the joy of watching children learn something new. Whether it’s solving a problem, learning to code, understand the meaning behind science or get…

Jun

04

2019

Group of three going over paperwork
What You Need to Know About Buying an Existing Franchise

Purchasing an existing franchise is what’s known as a franchise resale. Many entrepreneurs are attracted to these types of sales because you can buy into the franchise for a lower price than if you were to start from scratch with the brand. Although it’s easy to get excited to inherit…

May

28

2019

Young couple reviewing documents at a table with a female consultant.
How to Choose a Franchise Consultant

There are thousands of franchise systems to choose from. It’s a big decision that can easily become overwhelming. That’s why many people turn to franchise consultants, also known as franchise brokers, who act as the middleman between you and a number of hand-selected franchisors. Their job is to help you…

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