Buying a Franchise
How Much Should You Spend on a Franchise Opportunity?
Franchise opportunities always require an investment, but the amount of that investment can vary widely. There are franchise businesses requiring just a few hundred dollars to start — and others requiring a significant investment. Sometimes you get what you pay for. When you invest a large amount in a franchise,…
The Disclosure vs. the Deal
One of the franchisee vs. franchisor battles in court right now has the usual suits and counter suits, claims by the franchise that the franchisee didn’t follow the rules and claims by the franchisee that the franchisor painted a rosier picture than they should have. In among all the drama…
Home-Based Franchise Businesses
Many of the franchises we discuss here are home-based: you can work from home in these businesses instead of renting space. There are some obvious advantages to this, including lower start-up costs. Not all home-based franchises are alike, though. If your mental image when you see those words is you…
Planet Beach Spas Franchise
When you think of spas, you may think of rich housewives spending their days in cushy bathrobes, faces covered in exotic muds, dishing out hundreds of dollars and giving whole days to the pursuit of relaxation and rejuvenation. Planet Beach, a spa franchise, wants to change all that and bring…
Evaluating Other Franchises You’ll Be Competing With
When you think about choosing the right franchise opportunity, you need to consider the existing competitors for the franchise companies you’re considering. Sometimes you’ll need to go beyond the obvious. Let’s look at just one example. Marble Slab Creamery is not just another ice cream parlor. They have a special way…
Franchise for Sale: Title Boxing Club
One of the biggest challenges with fitness franchise businesses is the disappointed customer. Often, new customers sign up with high hopes of slimming down and firming up almost by magic. When this doesn’t happen, they can be disappointed in the franchise and dissatisfied with the business. One common approach to…
Choosing a Franchise that Fits Your Values
Choosing the right franchise business opportunity means looking at your skills and interests, the resources you have available and the financial goals you hope to accomplish through the franchise, and the specific systems and strengths of the opportunities you’re considering. You should also consider your values. Some of the biggest…
Who’s Your Favorite Franchising Pioneer?
So who’s your favorite franchising pioneer? You might never have thought about this question before, but Empowerkit is taking a poll. Now guys like Ray Kroc and Colonel Sanders get to have the thrill American Idol contestants know — the chance to find out who America loves best. Here are…
Is a Drug-Testing Franchise for You?
Market factors affect the value of business opportunities, and franchise business opportunities are no exception. If you’re seeking a franchise business with a strong demand in the foreseeable future, there’s a promising option you might not have considered: drug testing franchises. You probably want the medical technician who does your…
Green Franchises
“Sustainability” in the sense of environmental responsibility has been a buzzword in business long enough that it can fairly be called a trend rather than a fad. Consumers are increasingly concerned about the environment and increasingly willing to pay more for eco-friendly goods and services. It’s a great time to…