Choosing the Right Franchise
Automated Franchise Business: Should You Choose it?
Automated franchises are on the rise — in franchise businesses as well as in other industries. Health and wellness franchises like Anytime Fitness and Planet Beach Spa let customers access automatic exercise and spa treatments without having to wait for human workers. Ordering kiosks are showing up in fast food…
What the Super Bowl Tells You about Franchisors
The Super Bowl may be an American institution, but it’s also a prime marketing opportunity. Halftime shows feature superstars and the ads not only cost as much as an indie flick, but they also get the kind of social media traction the average indie flick can only dream of. Some…
Planning for Franchise Change
Say you’ve been looking at franchise business opportunities for a while. You’ve visited locations, requested information, examined documents, asked questions, done a lot of soul searching, and finally you find the franchise that you know will be the perfect fit. You’ve looked thoroughly into the system this franchise uses in…
The Hottest Franchise Businesses for 2015
Recent reports have revealed the franchise business sectors that are showing the fastest growth right now: Quick service restaurants, including both traditional fast food places like McDonald’s and also the newer “fast casual” sit down restaurants, are in the lead. Over 20% of Entrepreneur’s Franchise 500 are in this category….
The Hardship-Inspired Franchise?
While the economy is on the mend and employment is on the rise, there are still millions of people out of work. Some are still looking for jobs, some have gone back to school, but for many experienced workers who left their last job with a golden handshake, starting 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…
Franchise Technology
Some older Americans aren’t as tech savvy as younger people: 41% don’t use the internet at all and 23% don’t have cell phones. Some younger Americans aren’t as tech savvy as we think they are. American 20-somethings are good with computers in the same way they’re good with electricity because…
Seasonal Stalking a Franchise
Halloween is past and the elections are over, so we’re just at the right time of the year to get some good information about how business is going… just by looking. When you consider a franchise, you always want to know how much franchisees are earning, how solid the business…
Can You Run a Franchise As An Absentee Owner?
Quite a few franchise businesses can be run either as an absentee or executive owner, or with a part-time commitment. So, if you currently have a full-time job, would it make sense to keep your day job and work your franchise on the side until it’s earning well enough to…
The One Question You Must Ask a Franchisor
There are plenty of questions you should ask before you decide on a franchise business. But there’s one that would-be franchisees often fail to ask — and yet it can be one of the most informative. Here it is: “Why did these franchises close?” You’ll have plenty of opportunity to…