Choosing the Right Franchise
Franchise Associations Provide Information, Support
Investing in a franchise business opportunity is a big step — an exciting, challenging, and even scary step for many. You must spend some time researching franchise opportunities and make every effort to make the right choice for your circumstances. You should also have a franchise lawyer look over your…
Is Your Favorite Franchise Being Sued?
It wouldn’t be surprising if you discovered that one of the franchises on your short list is being sued by its franchisees. Cold Stone Creamery, Burger King, Edible Arrangements, Quiznos, Dunkin’ Donuts, and McDonald’s are just a few of the companies that have been sued by franchisees, and there are…
Graduating College? Franchising Might Be for You
With a competitive job market and entry level jobs hard to come by, entrepreneurship is an increasingly appealing idea for new grads. Franchising has been an option but can be less accessible for recent college graduates, especially when they have little or no credit history, little collateral for loans, and…
Why Does Your Personality Matter In Franchising?
This is a question that absolutely needs to be asked when selecting a franchise. If you buy a franchise or a business that doesn’t utilize your personality well you will quickly become unhappy with it. You won’t work hard at it and ultimately the business will either fail or it…
Personal Involvement of the Franchisee — That’s You
Item 15 of the Franchise Disclosure Document, or an FDD, explains the franchisor’s requirements for personal involvement of the franchisee. Maybe you’re looking for a turnkey business where you do very little or a franchise that will be your day-to-day job. Item 15 tells you what your expectations should be…
Franchisor Owned Locations
What will you own, when it comes to your new franchise location, and what will belong to the franchisor? At some franchisees, the owners are wholly vested in everything, from the uniforms to the building itself. But other franchisors buy the location, lend or lease out equipment, and might even…
Franchise Formulas For Top 100 Franchises
It seems like everyone’s offering a Top 100 Franchises for 2023 about now — or Top 10, Top 20, Top 500… We have our own list of Best 50 Franchises. Criteria for inclusion in these lists often include characteristics like these: Company revenue Age of company Overall health of company…
Is Part-Time Franchising for You?
Owning a franchise can be a full-time job and the only source of income for franchisees. But if you’re looking for a lower risk start in franchising, part-time franchising might be a good option for you. Part-time franchising while you keep your day job – or care for a family,…
Franchise Groups
Choosing to go with a franchise rather than starting from scratch means you’re getting proven methods and support from people in the know. That’s a good reason to pick a franchisor that’s been around the block more than once. The Global Franchise Group, LLC is one such franchisor, with a…
Close Your Eyes and Visualize Your Perfect Workday
How do I know if buying a particular franchise is going to make me happy? I know I want to affiliate myself with a franchise that is profitable. I know the franchise I choose should offer a service or a product that people really want to buy. I know I…