The 5 Major Franchise Types in Any Industry
Running a franchise is a great way to harness an existing business’s intellectual property. That might be why franchises in the US employ almost 8.4 million people. But not all franchises are the same. There are actually five major franchise types, and each one is quite different. If you’re thinking…
What Is a Turnkey Business? A Beginner’s Guide
Are you looking to escape the 9-to-5 grind and become your own boss? If so, you’re among good (and plenty of) company. 70% of Americans have said they want to work for themselves, despite just 6% of the population actually being self-employed. We get it, though. Owning your own business…
How Do Franchise Owners Get Paid? An Easy Guide
Have you ever wondered how your favorite fast-food restaurant is able to maintain its uniformity across different locations? It’s all thanks to the franchise model, where a franchisor grants a franchisee the right to use its brand and business model in exchange for a fee. But how do franchise owners…
Franchise vs Chain: What’s the Difference?
Do you ever feel like there just aren’t enough hours to do all the work at your job? Are you suffocating underneath your boss’s never-ending list of tasks and demands piling up faster than you can keep track of? You’re not alone. Many people tire of corporate America and instead…
How Much Does a Franchise Owner Make?
Fed up with the corporate rat race? Looking to be your own boss? If so, you should consider becoming a franchise owner. Operating a franchise is much easier than starting a business from scratch. Not only does it have a higher success rate, but it also comes with its fair…
How to Become a Franchise Owner
Have you ever envisioned yourself owning your own company, but you’re unsure where to start? Well, you’re not alone. Millions of people dream of stepping away from the corporate world and becoming the boss. If you didn’t know, franchising has been a popular business model for decades. It’s allowed entrepreneurs…
A Complete Guide to the Cheapest Restaurant Franchises of 2024
Did you know that franchises came about in the Middle Ages? Franchises today have evolved a lot since then, and they are far more accessible. Getting involved with a restaurant franchise is a great way to make a living. It is also a unique business path that you can enjoy….
Why Start a Franchise? 12 Reasons for Investing
Did you know that you probably drive by more franchises than you realize every single day? Most stores and restaurants that you pass on the street are franchises! Subway, Target, Walmart, Burger King, Whole Foods, etc. – they are all franchises. And these are to name just a few of…
The Biggest Franchises in the World in 2023
Franchising has become an increasingly popular way for businesses (of all types) to expand their reach and increase their brand awareness. It also provides entrepreneurs with the opportunity to own their own businesses … all with the support backing of a well-established brand. In 2023, the biggest franchises will continue…
Find Success with Small Business Franchises
Today, most of the attention is being paid to franchise rankings. There is The Franchise 500 list of franchises or The Top 200 at Franchise Business Review or Top 500 at Franchise Times. Almost everyone has a Top 100 or Best Franchises to Own category. Top franchises might include Taco…