Get Acquainted with Franchising

Blog

Apr

16

2019

Man sitting in front of his computer with hand-drawn eyes on yellow post-it notes covering his eyes.
How to Spot a Bad Franchise Opportunity

So, you’re going down the black hole of endless research for the perfect franchise opportunity. And for good reason: It would be naive to assume every franchise you come across is a good investment. How do you figure out which is the opportunity with the lowest risk and highest probability…

Apr

09

2019

Group of businessmen and women sitting on chairs and all raising their hands in an office setting.
The Rise of Multi-Unit Franchise Ownership

The franchise industry is seeing rapid growth in multi-unit franchising, and it’s a trend that won’t be going anywhere any time soon. The biggest reason for this is multi-unit franchising provides an opportunity for tremendous (and stable) growth and wealth creation for all parties involved – the brand, franchisor and…

Apr

02

2019

Man wearing black glasses shaking hands with person across him.
Franchising 101: What Is an Area Developer?

As more and more franchises move toward multi-unit growth, area developer franchisees are also becoming more popular. If you’re looking for multi-unit franchise opportunities, you might consider area development. Here’s How It Works Area developers are similar to multi-unit operators except they commit to opening a greater number of units…

Mar

26

2019

Master franchisee signing a franchise agreement and making a deal with the franchisor.
Franchising 101: What Is a Master Franchisee?

If you’re a more skilled and seasoned business executive with big dreams, area development might be for you. Multi-unit franchisees are also considered area developers; the franchisor requires the area developer to open a certain number of units by a specific date. Not only do area developers pay less per…

Mar

19

2019

Franchise owner excited about franchising and the benefits that come with it.
Buying a Franchise: 3 Benefits of Ownership

More than 30 percent of small businesses fail within the first five years of being open. This is largely due to the fact that start-up business owners have to figure out how to effectively run their business along the way. That’s why many entrepreneurs turn to franchising; it offers the…

Mar

12

2019

Woman owning and running her franchise business from home next to her dog.
Benefits of Home-Based Franchises – Rise of the Solopreneur

There’s no longer a stigma against those who work from home. In fact, 43 percent of the United States workforce works remotely, while nearly 50 percent of small businesses are home-based and generate more than $400 billion per year. Forbes says the rise of the solopreneur means increased interest in…

Mar

05

2019

Woman trying to avoid making a mistake when choosing a franchise opportunity.
6 Mistakes to Avoid as a First-Time Franchisee

You finally found the golden franchise opportunity right for you. It’s exhilarating, especially since you spent so much time looking for the perfect fit. There’s so much to look forward to. But be forewarned not to let the excitement of owning a business blind you from the reality of it…

Feb

26

2019

Woman learning about the basics of franchising.
The Basics of Franchising: What You Need to Know

Franchising is when a franchisor grants a franchisee the rights to sell their products and/or services. The two enter an agreement that allows the franchisee to use the franchisor’s methods, operations, systems, brand name and other intellectual property to grow their business. Franchisors often provide ongoing training to support the…

Feb

19

2019

Franchise vs. Startup: What’s Your Entrepreneurial Journey?

Owning your own business can be an exciting, liberating and lucrative experience. But it’s a big change to go from corporate employee to head-honcho, so it’s important to know what you’re getting into before you get started. And it all depends on the kind of business you want to own….

Feb

12

2019

Franchise business owners looking at blueprints for new store build. Franchise ownership for both single- and multi-unit franchising.
Single-Unit vs. Multi-Unit Franchise Ownership

Single-unit franchise ownership is much different from multi-unit franchise ownership. The two types of operators often have different business goals and priorities. So, how do you decide which is right for you? As always, America’s Best Franchises has got you covered with all the pertinent details to help you make…

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