5 Signs You’re Meant to Be a Franchise Owner
You’ve got the passion and drive it takes to run your own business, and you’re considering buying a franchise as a feasible option. It’s important to note that running a franchise is a bit different from running an independent business. Both have their own benefits and drawbacks. But if the…
Women in Franchising: An Up and Coming Demographic
While the balance is still skewed in favor of men owning franchises, women franchise owners are on the rise. Research shows that women own between 20 and 25% of existing franchises, and 24.4% of franchises are co-owned by both males and females. So why the rise in women in franchising?…
What to Pay Attention to in the Franchise Disclosure Document
When buying a franchise, the franchise disclosure document is one of the most important elements of the process, so it’s important to know what to expect and what to look for. What It Is The Federal Trade Commission requires all franchisors to provide this document and include 23 specific elements…
How to Know Which Local Events to Sponsor With a Franchise
When you open your franchise, and possibly even before your doors are open, you will undoubtedly be approached by organizations in your community about sponsorships. School clubs need someone to sponsor their programs. The local rotary club might ask you to sponsor a golf tournament. Non-profits in the area might…
5 of the Best Low Cost Franchises You Can Start for $25,000 or Less
It’s a common misconception that buying a franchise costs a fortune. Many people with dreams of business ownership can get started without having to pay an extraordinary price tag. If you’re looking for an affordable way to get started, here are 11 of the best low cost franchises available. (more…)
The Best Places to Advertise a New Franchise
One of the most exciting decisions you’ll make in your life is to buy a franchise. Still, the uncertainty can be terrifying. Will you have enough customers? How will you grow your business? Will you succeed? Owning a franchise makes it easier to have confidence opening your doors. You’re already…
Pre-Launch: How to Market Your Franchise Before the Doors Open
Congratulations! The paperwork is signed and you’re on your way to opening a new franchise. This is an exciting time. As you watch the branded decor go up around your new location, turning a building into a business, one thing might cross your mind – how are you going to…
Beyond the Ordinary: Unique Franchise Business Ideas
Franchises aren’t a new concept. Believe it or not, the franchise model of doing business dates all the way back to the Middle Ages. Important community members, such as high ranking church officials, were able to hold markets and conduct business activities. As franchisees signed on, they paid royalties to…
3 Creative Franchise Opportunities & Ideas
Many times, the people who choose to enter the world of franchising are creative. These are the people who embrace the path to entrepreneurship. Does that sound like you? Not every franchise is built to let creative minds come to life. Some are better suited for the franchise owners who…
4 Tips to Get More Out of Networking to Grow Your Franchise
One of the necessary parts of owning a franchise is networking. Some people thrive in the setting where they’re making new connections; others hate it. Love it or hate it, before you go to your next networking event, it’s important to have a plan in place for how you’ll utilize…