Buying a Franchise
Choosing a Franchise: Quality Control
McDonald’s is the quintessential franchise example for many reasons, but one of the most important has to be the concept of standardization. Travelers could be sure of what they were getting at McDonald’s, so the sight of the Golden Arches during a long road trip could be a relief. One…
Just One Franchise: Vom Fass
Named German Retail Franchise of the Year in 2012, Vom Fass brings the world’s largest selection of oils, vinegars, spirits, liqueurs, and wine to American foodies through franchises. Johannes Kiderlen transformed his father’s business into a franchise focusing solely on these four products in 1994, and now the franchise is…
Choosing a Franchise: Trust
The goal in franchising, for many people, is to be able to follow a franchisor’s business model and see results. Instead of doing research and wasting money on trial and error, people figure, they can follow the franchisor’s system and bypass the hardest parts of starting a business. This makes…
Franchise Business’s Profit and Loss
When you’re searching for the right franchise, you’ll have lots of documents to read, plenty of people to talk to, and advice from all sides. One piece of the puzzle that many future franchisees overlook is the business profit and loss statement (P&L) from your potential franchisor. A P&L lists…
Just One Franchise: Rytech
They say April showers bring May flowers but spring showers can also bring water damage and headaches for homeowners and insurance companies. Water damage was the second most popular insurance claim between 2004 and 2008. Homeowners are seven times more likely to experience water damage than fire damage and six…
Do You Want to Be a Ground-floor Franchisee?
Should you franchise with an established brand or a newcomer? If you’ve found the perfect franchise business opportunity, you may not care whether it has been around for two years or for a century; if you’re still scouting around, this might be a factor that helps you decide. Established franchises…
Just One Franchise: Paw Beach Pet Resort
As families get smaller, many pet owners think of their pets as children — and they’re increasingly willing to spend on them as they would on children.. When they go on vacation, they want their pets to have a relaxing and fun time, too. There are also pets that find…
Just One Franchise: Nature’s Pet
American families include more than 78 million dogs and 86 million cats. More than 30% of American consumers say they prefer to buy from socially responsible companies. Put these figures together and you can see the appeal of Nature’s Pet franchises. Nature’s Pet franchisees enjoy a flexible franchise model that…
Just One Franchise: Noble Roman’s Take-n-Bake Pizza
The average American buys pizza 43 times each year. Noble Roman’s Take-n-Bake Pizza franchise is aiming to fill this nearly insatiable desire for pizza, but in a new way. Instead of carryout or delivery, Noble Roman’s offers pizzas which are put together ready to bake. Customers can order their pizza…
Just One Franchise: Driven Digital Ads
Franchise royalty fees are a standard part of franchising—you pay the franchisor for the privilege of being part of their brand, the use of their business model, and for the resources they provide or source. Franchise royalties vary widely across the industry, ranging from as little as a few percentage…