Franchise Operations
New York Minimum Franchise Wage Debate Heats Up
New York’s fast food franchise businesses are up in arms about a new minimum wage requirement that applies only to them. Supply and Demand Chain Executive quoted Queens franchisee Jack Bert as saying, “Singling out fast food restaurants while ignoring other industries that hire workers who are paid under $15…
Franchisees Getting Involved with the Community
Successful franchisees know that they can’t leave all the marketing efforts to the franchise corporate office. When you think about which franchise business opportunity to choose, you should consider what kind of marketing strategies will work for each franchise you consider, and what resources you have in those areas. One…
Should the U.S. Have National Franchise Laws?
Canada and Australia have recently made updates to their franchise business laws, but in the United States, every state has its own rules. You might have noticed, for example, that California is back in the headlines with a new version of the “Franchise Bill of Rights” which was vetoed by…
Looking for a Franchise? Here’s What You Should Know about Trademarks
One of the most important things a franchisee gets from a franchisor is the right to use a trademark. You can’t open your own burger joint and call it “Burger King” in order to get a great jump on marketing. You can only call your restaurant “Burger King” if you…
Franchise Business from a Virtual Office With Management Software
Talk with a franchisee who works from a “virtual office,” and you might think it’s the same as “work from home.” In some ways it can be, but there are definite differences. A virtual office centers around the software being used. It might involve virtual filing, virtual meetings, virtual…
Franchisee’s Cybersecurity Responsibility
Imagine you’re planning to open a franchise diaper service catering to busy new moms. Now imagine you could get the names and contact information of pregnant women in your neighborhood so that you could start marketing to them right away, before your competitors even think about it. You could. That’s…
The Franchise Supply Chain
When you think about your franchise investment, you may see yourself welcoming customers into your franchise or relaxing on the boat your franchise business will buy you. You should also be thinking about your supply chain. The supply chain of your franchise business includes every step of the journey from…
Seasonal Franchises – A Good Thing?
We’ve seen toy stores that made 90% of the year’s revenue in the run-up to Christmas, wedding services that were busy all summer and scraped along through the winter, and tax services that didn’t even stay open outside of tax season. If you want a full-time income throughout the year,…
Franchise Business as a Time Machine
At a recent start up event in her community, Katie was the only person who raised her hand when a certain question was asked, and it was a surprise for her. Start-up events are becoming more and more popular in communities across the nation. These events, which range from meet-ups…
Who Was the First Franchisor?
The father of modern franchising was probably Isaac Singer, who made practical sewing machines in the 1800s. He had a couple of problems with his machines. First, while people were excited about sewing machines, they couldn’t use them without training, so the machines weren’t exactly jumping off the shelves in…