Buying a Franchise
Food Franchises Trending In 2017
Food Franchises and Restaurant Franchises are designated as either Quick Service, Casual Dining, Upscale Casual, Fine Dining or Fast Casual formats. Which restaurant format is trending in 2017? If you’ve been researching food franchises, you may not have heard of the fast casual format. Essentially, fast casual is a blend…
Top 10 Regrets Franchisees Have, AFTER Starting a Franchise
If there’s one thing we hear a lot at America’s Best Franchises, it’s “I wish I’d known THAT before I bought my franchise.” “THAT” can be critical to success in franchising. There are so many things you need to know to start and run a franchise. Following are the Top…
4 Things You Need to Know About Starting a Franchise
So many franchisees look back to when they first opened their franchise and think, “If I had known then what I know now …” Here are a few tips about starting a franchise. 1. Read the Franchise Disclosure Document The Franchise Disclosure Document may be a hefty document, but…
How To Do Your Own Franchise Research Before Buying
When buying a franchise, you want to be absolutely sure that the brand you buy into is the right fit for you. Sure, a franchisor will make its business look new and shiny in an effort to attract more franchisees, but you’ve got to see past that to make sure…
5 Things to Do Now to Be Financially Ready for a Franchise 2017
If 2017 is the year you plan to become a franchise owner, don’t wait until the new year to start your preparation. In addition to these administrative tasks that will set you up for success in your new franchise, there are measures you can take to ensure that either you…
Point of Cash Flow and Working Capital Requirements in Franchising
When it comes to starting a franchise, you know you’re going to need to have cash available to invest upfront. How much cash do you need and when can you start seeing some cash come into your business? Those are two of the most important considerations you’ll need to make….
Fitness Franchise: Initial Costs and Fees You’ll Need to Consider
Love working out? Love helping others achieve their fitness goals? A fitness franchise might be a good option for you. But before you head to the bank to get your small business loan or home equity loan, you’ll need to establish a detailed business plan to fully understand the initial…
Navigating the Path to Franchise Ownership
Investing in a franchise is a significant commitment, but it can also be an incredibly rewarding opportunity for your family. Don’t let common questions hold you back from achieving your dream of franchise ownership. Here’s how to overcome doubt and uncertainty on your journey. To Buy or Not to Buy:…
How to Finance Your Franchise
Congratulations! You’ve given it tremendous thought and made the life-changing decision to buy a franchise. You’re excited, but now you need to figure out how you’re going to pay the franchise fees and initial start-up costs. Although you might have some idea in mind for how you’ll cover the expenses,…
How Much Does a Franchise Cost?
So you’re ready to start a franchise. Congratulations! Still, one thing might be holding you back – the franchise cost associated with starting the business of your dreams. There’s more than meets the eye when it comes to starting a franchise. Here’s a more accurate look at what a franchise…