Get Acquainted with Franchising

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Oct

15

2019

Franchisee considering social media
Should Your Franchise Be On Social Media?

Social media has evolved. It’s no longer just a tool for connecting with old friends or sharing vacation photos. More than ever, social media allows customers to interact with businesses – and for businesses to interact right back! Many brands have corporate accounts on various social media platforms, but that…

Oct

01

2019

Mompreneur
Mompreneurs: Franchising and Child Rearing Can Coexist

Often, work-life balance is treated as a myth. But it’s possible. Franchising is one way a supermom can also be the boss. One of the biggest perks of becoming a franchisee is the freedom. Many franchisees set their own hours, work from home or have their kids work in the…

Sep

17

2019

Business partners back to back
To Partner Or Not to Partner?

There’s safety in numbers. Right? Choosing to franchise with a business partner can seem like a safe choice. There’s someone to contribute to the franchise investment, someone to share operational responsibilities with plus an extra perspective and skillset. Business partners can make franchising less risky but they can also add…

Sep

03

2019

Business owner in front of open store
What Life as a Franchisee Will REALLY Be Like

Being a franchisee will look a little different depending on the franchise, your number of units and your level of operational involvement. But there are some similarities for most franchisees who invest in brick-and-mortar business models. Being a franchisee means being a business owner. The autonomy provided by the franchisee…

Aug

20

2019

Confused woman shrugging
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…

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