Franchisees Gain Advantages of Self-Employment
We know that franchise businesses are important in the U.S. as employers — about one third of all the revenue in the U.S. flows through franchises and one in 16 American workers is employed at a franchise. But ownership is not the same as employment. And that’s a good thing…
Franchise Business Uniforms
When you invest in a franchise business, you’re paying for — among other things — the name and brand recognition the franchise has built up over time. In some cases that includes uniforms. The examples that leap to mind may be restaurant uniforms, but many franchises require uniforms for drivers,…
How Much Do Franchisees Make?
How much can a franchisee make, on average? It depends who you ask. Last year around this time, Entrepreneur Magazine undertook a special study on the income franchisees make. While they came up with some averages — over $80,000 in profits for restaurants, for example — they also focused on…
Franchise Faux Pas
Yum Brands, the parent company of KFC, Taco Bell, and Pizza Hut, recently opened a new kind of fast food restaurant, a place selling the delicious Vietnamese sandwich known as “bahn mi.” They opened their first location in Dallas, Texas, a town with many Southeast Asian Americans, and the locals…
Organize Your Franchise Search
You’ve decided to go into business for yourself, and you’ve decided that franchising is the way to go. Choosing a company that has a proven business model and a winning system in place will give you that fast start you’re looking for, and you like the idea of the support…
Can You Trust Franchisee Surveys?
Research is essential when you’re trying to decide which franchise to choose for your business opportunity investment. You come to America’s Best Franchises to learn more, you peruse the Franchise Disclosure Document, you contact current franchisees, and we hope you also actively seek out complaints. The more you know, the…
California’s Franchise Bill Vetoed
Governor Jerry Brown has vetoed a bill, SB 610, that would have made substantial changes in the relationships of franchisors and franchisees in California. One of the big changes the bill would have made was in the ability of franchisors to close down or refuse to renew a franchisee’s relationship…
5 Marketing Questions to Ask before You Choose a Franchise
When you’re working to identify the ideal franchise business opportunity for your specific needs, your mind may be on costs and how you’ll prepare to become a franchisee. You may be thinking through the typical day of a franchisee in a particular industry, or considering your options for locations and…
What’s on the New Franchises Page?
Are there really any new franchise business ideas? It seems as though there’s a franchise — or twelve — for every possible business idea. What could be new enough to hit our New Franchises page? A new idea. Sometimes it really is a new franchise business idea, like Social Media…
Franchising with Your Family?
Fox Business recently wrote about a new trend: franchisees bringing their kids into the business. It’s hard to think of bringing a second generation into a business as a new thing. From the family farm to the family firm, the restaurateur whose daughter waits tables to the tradesman who puts…