Choosing the Right Franchise
Franchises for Fathers
Who says you can’t treat yourself to a Father’s Day present? And the gift of business ownership is the best gift of all. Read on to learn all about ideal franchise business models for fathers and start your entrepreneurial journey as soon as possible. What Makes a Man’s Franchise America’s…
Should Staffing Issues Affect Your Franchise Business Choice?
Franchises have been in the news quite a bit lately, and some of the stories are related to staffing. For example, the Service Employees International Union has organized walk-offs among restaurant workers, primarily at fast-food franchises, demanding $15.00 an hour. Home health care aides, working in another industry that includes…
Essential Businesses Are Thriving—Here’s How to Own One
Essential businesses aren’t a new concept, but this term has been popping up everywhere lately in reference to the businesses that provide essential products and services to consumers, and that have proven to be fixtures of communities across the country during this unprecedented pandemic. If you are interested in providing…
Mompreneurs: Franchising and Child Rearing Can Coexist
Often, work-life balance is treated as a myth. But it’s possible. Franchising is one way a supermom can also be the boss. One of the biggest perks of becoming a franchisee is the freedom. Many franchisees set their own hours, work from home or have their kids work in the…
When to Follow Franchise Trends and When to Avoid Them
A quick internet search of “franchise trends” will turn up hundreds of results about the “next big thing” in the world of franchising. Is it a good idea for you to jump on those trends? In addition to the types of franchises on the rise, business models and funding sources…
Loving the Product Doesn’t Necessarily Mean Loving the Business
One way to approach your franchise search is to focus on the businesses that you personally enjoy. Maybe it’s the pizza you can’t get enough of or the gym that keeps you motivated. You can easily whittle down your list of potential franchises by paying attention to your own buying…
How to Spot a Bad Franchise Opportunity
So, you’re going down the black hole of endless research for the perfect franchise opportunity. And for good reason: It would be naive to assume every franchise you come across is a good investment. How do you figure out which is the opportunity with the lowest risk and highest probability…
Buying a Franchise: 3 Benefits of Ownership
More than 30 percent of small businesses fail within the first five years of being open. This is largely due to the fact that start-up business owners have to figure out how to effectively run their business along the way. That’s why many entrepreneurs turn to franchising; it offers the…
Benefits of Home-Based Franchises – Rise of the Solopreneur
There’s no longer a stigma against those who work from home. In fact, 43 percent of the United States workforce works remotely, while nearly 50 percent of small businesses are home-based and generate more than $400 billion per year. Forbes says the rise of the solopreneur means increased interest in…
6 Mistakes to Avoid as a First-Time Franchisee
You finally found the golden franchise opportunity right for you. It’s exhilarating, especially since you spent so much time looking for the perfect fit. There’s so much to look forward to. But be forewarned not to let the excitement of owning a business blind you from the reality of it…