Choosing the Right Franchise
The Best Franchises for Veterans
You devoted several years of your life to serving your country. Now, you’re transitioning back to civilian life wondering where your next “mission” will take your career. Many military veterans consider entrepreneurial endeavors like small business ownership or franchising. And since you found yourself on the America’s Best Franchises website,…
Sweat The Small Stuff When Owning A Franchise
If this is your first venture into owning a franchise or if you already own a franchise business it’s important to realize that even the smallest of choices, may end up having an enormous impact on the future success of your franchise business. Think about this, if a car is…
What Separates a Successful Franchise System from an Also-Ran?
Let’s face it, at some point in your life, change becomes necessary to keep your juices flowing. You’re proud of the fact that you’ve achieved some success in what turned out to be a long-term career. But it’s time to retire yourself from that position and find a new venture…
Assessing a Franchise Marketing Strategy
When it comes to owning a franchise, assessing a franchise marketing strategy with a strong marketing message is crucial. It is important to find out how much your franchisor will be helping you both directly and indirectly in the sales process. There are many franchises that will require you to…
Franchises Must Avoid Joint Employer Liability
Today, franchises must take all the steps necessary to avoid joint employer issues. This issue originates with the National Labor Relations Board and is affecting multiples of franchises, including McDonald’s and other restaurant franchise brands. What is a Joint Employer Liability? A joint employer liability can happen when one company…
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…
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…
Family-Run Franchises: Are They Right For You?
If you’re close to your family, it might seem a natural extension of your personal relationship to move into a business one. Many families choose to go into the franchise business together, to varying degrees of success. Here’s what you should consider before mixing business with pleasure in your family….
3 Options Beyond the Standard Franchise
Did you realize that there are other options for you as a franchise owner beyond owning a single franchise? This post will explore area development, master franchises, and multi-unit ownership to present you with additional considerations for your business endeavors. (more…)
The Best Franchises to Launch for 2016
Can’t decide what franchise to launch, simply because there are so many options out there? Here’s a list of the best franchises right now. They’ve proven to franchisees to be valuable investments, easy to work with, and highly profitable. #1. Expedia CruiseShip Centers If the idea of helping people plan…