Buying a Franchise
Franchise Business Opportunity Promotions
Right now, 7-Eleven is offering certain franchise business opportunities with an amazing promotion — they’re waiving the franchise fee. That can mean a savings of tens of thousands of dollars for qualified franchisees. It’s not long since TCBY and Mrs. Fields were offering a BOGO: both franchises for the initial…
Franchisees and the New Menu Rule
New national menu rules went into effect in December, so fast food and fast casual franchises have had a couple of months to figure out the new rules and how to apply them. That doesn’t mean everything is settled. Congress now requires restaurants and places serving “restaurant type” food to…
Franchising Rules!
You might have read that title as an exclamation – an elated cry of, “Franchising rules!” – summing up all of your feelings towards the franchise business model. There is no doubt that owning a franchise can be a great thing, but the goal of this article is to make…
10 Reasons to Invest in a Franchise Business
Whether you’ve cashed out from an investment and you’re looking for your next win or you’re starting out in life and you want to make your backer proud, franchise businesses are great options for investors. Here are 10 reasons you might choose a franchise business: Franchise businesses are proven moneymakers….
Are You Aware of All the Costs of a Franchise?
Deciding which franchise business opportunities you should invest in requires a lot of research and serious thought. One of the most important areas of the research and decision making process is the financial arena. While franchisors will tell you how much you need to invest, and usually also the net…
CyberSecurity for Franchisees
Some of us head into new ventures with rose-colored glasses and a glass half full mentality. These people are statistically more likely to succeed, if only because they keep going through the difficult times, buoyed up by their optimism. Others see the risks… all the risks, sometimes including risks that…
Planning Your Franchise Exit Strategy
When you decide to invest in a franchise business, you’ll have plenty of serious thinking to do. You may also have some dreams — you may see yourself adding more franchise units till you’re a regular franchise mogul, or you may see yourself riding off into the sunset after a…
Franchises that Appeal to Millennials
The Baby Boomers have been the consumers to care about for a while now, driving high-profit franchise business opportunities like senior home health care and personal spa service boutiques. But the Millennials are nearly as large a generation as the baby Boomers, and they are becoming a purchasing force to…
How Do Franchises Handle Holidays?
Retailers have been getting some media heat for opening on Thanksgiving this year, but restaurants have been staying open on holidays for years. What’s the policy for the franchises you’re considering? Single people and couples may balk at going through the whole turkey and pie routine that large families go…
Defining Success as a Franchisee
You’re planning to be a successful franchisee and to run a successful franchise. How will you know? Without a clear definition of success, you may not recognize it when you see it. Perhaps more importantly, how will you get from here to there? Without a clear definition of success, you…
