Entry Level Franchisees
Can a 22 year old really run a franchise successfully with no prior business experience? That’s the question many franchisors are asking. At the 2013 International Franchising Association Conference, one of the takeaways was that franchisors are looking to reduce “overall investment and simplify operations to accommodate and compensate for…
Evaluating Other Franchises You’ll Be Competing With
When you think about choosing the right franchise opportunity, you need to consider the existing competitors for the franchise companies you’re considering. Sometimes you’ll need to go beyond the obvious. Let’s look at just one example. Marble Slab Creamery is not just another ice cream parlor. They have a special way…
Franchise for Sale: Title Boxing Club
One of the biggest challenges with fitness franchise businesses is the disappointed customer. Often, new customers sign up with high hopes of slimming down and firming up almost by magic. When this doesn’t happen, they can be disappointed in the franchise and dissatisfied with the business. One common approach to…