Franchising and the Government Shutdown
Will your franchise business plan be affected by the government shutdown? It’s possible. The Small Business Administration is closed and won’t be signing off on new loans. BusinessWeek assembled a list of all the services the SBA won’t be providing; the short version is that they will be doing just…
Does the World Need Another Pizza Franchise?
“What this town really needs is another pizza joint,” said … nobody, ever. Here are some things people do say: “Cool! A Little Caesar’s just opened up downtown!” “Hey, I hear there’s a real New York style pizza place in town, now.” “I wish there were a real Italian pizzeria…
Franchise Opportunities and Negative Reviews
You’re researching franchise opportunities and you see a negative review. What does this mean to you as a potential franchisee? What does it tell you about the business? It tells you that the business exists Honestly, businesses fail. The majority of new businesses close within five years, according to government…
Choosing a Franchise: Executive or Technician?
The American Dream — owning your own business — is the source of plenty of great stories. One is the story of the technician: the lady who makes such great cupcakes that all her friends encourage her to open a bakery, the guy who does such a terrific job encouraging…
Just One Franchise: @Work Medical Staffing
Profit margins at medical companies are under a lot of scrutiny as the healthcare industry undergoes significant changes. At the same time, medical facilities are having to cope with industry-specific issues like high turnover, lack of administrative training, and high levels of stress. Medical staffing is already important, even without…
Just One Franchise: DVDNow Kiosks
Where do Americans get their movies? The movie rental industry has changed from local and national video rental store chains where huge amounts of space were dedicated to stock and displays to compact, automated machines that require little money to run compared to storefronts. Redbox is undoubtedly the leader in…
Personal Finance Company Franchise Opportunities
41 percent of Americans, according to a study released earlier this year, live paycheck to paycheck. Half say they have nothing left over at the end of the month after they pay for living expenses, and 8% say they don’t have enough to cover all their daily needs. Clearly, Americans…
Home Healthcare Franchises
Baby boomers are getting older — the oldest of this demographic are heading toward 70 now — and they want to stay in their own homes as long as possible. Moving into an assisted living or rehabilitation facility isn’t always the best option for the elderly, but neither is living…
Understanding a Franchise’s Mission
Your personal goal in exploring franchise opportunities might be to become your own boss, to work in a field you love, or to earn enough to do something you’ve always wanted to do. What is the goal of the franchise you’re considering? Some franchises share their mission statement publicly –…
Just One Franchise: Retro Fitness
Retro Fitness wants to revolutionize the way franchised gym businesses are designed and run. Targeting the three top issues found in gym franchises, Retro Fitness offers franchisees access to a new way of doing things. First, Retro Fitness franchisees offer their customers a high-end gym experience for a low monthly…