Avoid These 5 Mistakes New Franchise Owners Make
Considering opening a new franchise? You’re not alone. Franchise ownership is hot for a lot of reasons. You get to be your own boss, giving you more freedom and flexibility in your career. You also get a valuable head start when beginning your new venture because much of the market…
5 Reasons for Buying a Franchise That Your Family Will Agree Make Sense
Struggling to convince your family that buying a franchise is the right decision for you? You’re not alone. Making a big investment, such as buying a franchise, is a major life choice. Not only do you need to ensure you have everything in place financially to own a franchise but…
Use the 2015 Franchise Report as Your Franchise Buying Guide
The economic impact of retailers is undeniable, according to a 2015 study by PricewaterhouseCoopers, LLP. Through retail, 42 million jobs are supported, $1.6 trillion are paid out in labor wages, and the GDP benefits by $2.6 trillion annually. There are approximately 29 million jobs in retail and 11.5 million of…
5 Ways to Feel More Fulfilled in Your Franchise Ownership
There’s a lot that happens when you buy a franchise. One aspect rarely talked about is the social giving side of franchise ownership. As a new business owner in your community, you have a unique opportunity to give back to the people you serve. This goes beyond your standard service…
Should You Hire a Freelancer to Market a Franchise?
We’re living in a freelancer economy, according to Forbes. Should you hire a freelancer to market a franchise? The answer isn’t always clear. With 2016 just getting started, you might think hiring a freelancer could spur your franchise growth in the New Year. Here is a glimpse into the state…
The Worst Reasons to Buy a Franchise
You want to become a franchise owner. It’s a big decision and one that takes tremendous consideration. Although you have your reasons for wanting to make this important next step, are they the right ones? Here are five of the worst reasons to buy a franchise and how you can…
Should You Put Your Franchise on Instagram?
It’s another hot new platform – Instagram. It’s also the fastest growing social network, according to a study by Pew Research Center. This visually based social network is quickly catching fire. Although Facebook remains dominant, Instagram is rising in the ranks. With such a fast accent to the top, it…
5 Benefits to Joining Your Local Chamber of Commerce
Has your local chamber of commerce representative approached you about becoming a member? Not sure if it’s worthwhile? Joining your local chamber of commerce has its distinct benefits. From meeting new people to getting your franchise in front of new political advocacy measures and learning opportunities, you stand to benefit…
3 Interview Tips to Find Better Employees for Your Franchise
Hiring is one of the hardest jobs as a franchise owner. The people you bring on board could have a direct impact on your profitability. One bad experience and you could lose a loyal customer. One bad review and you could lose several potential customers. Perhaps you had an employee…
4 Resolutions to Spur Your Franchise Growth in 2016
It’s a New Year. Franchise growth in 2016 is a real possibility if you position yourself for success. This time of year, people reflect on their lives and plan for their futures. Are you doing the same in your business? To experience the type of growth you know you’re capable…