Franchise Disclosure Document (FDD): What You Need to Know
Prospective franchisees typically receive a Franchise Disclosure Document after requesting more information about a franchise or during the Discovery Day process. But this 100- to 200-page legal document is more than just an intimidating pile of papers; it can mean the difference between your success or failure as a franchise…
Choosing a Franchise Opportunity: 10 Steps to Franchising
So, you want to start a business but don’t know where to begin. While franchising has crossed your mind, you’re still not sold on the idea. Thankfully, you’ve come to the right place, America’s Best Franchises, where we’re all about helping you choose the right franchise opportunity for you. Here’s…
7 Questions to Ask Yourself Before Considering Franchising (Is Franchising Right for Me?)
If you’re considering franchising as an alternative to your 9-to-5, you’ve come to the right place. But wait! Before you make any rash decisions, like quitting your job, there are a few things you should consider, first. Yes, franchising is a great way to own your own business because it’s…
Franchising: Your Escape From Corporate America
Corporate America provides you (and your family) with stability. It gives you a steady paycheck, health benefits and more. All you have to do is work…which can sometimes seem like a life sentence. You slave away from 9 A.M. to 5 P.M. — and more often than not, you work…
Franchise Funding: Preparing to Finance Your Franchise
So, you’ve identified the golden franchise opportunity that suits your skill set and needs. What’s next? Funding. Two significant expenses to consider are the initial franchise fee and ongoing royalties. The franchise fee is the nonrefundable, one-time price to operate a franchise using the franchisor’s model. You usually have the…
Franchising With a Business Partner
Franchising is a considerable endeavor that comes with its fair share of obstacles and rewards. The question is: Would you rather go it alone or with someone you trust? A business partnership is defined as two or more people who start or expand a business (or franchise) together. It can…
Franchising When You’re a Mom
Mother may as well be a job title. Think about it: moms are basically entrepreneurs. You manage the household, often including everything from finances to every family member’s schedule, not to mention, making sure everyone is happy and healthy, too. Sometimes, on top of all of that, you have to…
Low-Cost Franchise Opportunities for Under $10,000
Are you an entrepreneur looking to start your own affordable franchise? Whether you are figuring out cost and time management or just starting your research when it comes to finding the right franchise opportunity, it can be scary. However, it doesn’t have to prevent you from becoming a franchisee. Some…
Must-Attend Franchise Trade Shows and Conventions
Choosing a franchise opportunity is a hefty task to conquer. It requires a massive amount of in-depth research. While exploring franchise websites are a great place to start, it’s even better to meet with franchisors in person. If you’re serious about franchising, consider attending a franchise trade show, convention or…
Choosing a Franchise Opportunity: Getting to Know Yourself
In the United States, there are nearly 800,000 franchise opportunities spanning more than 100 industries. There are so many choices, deciding which concept to buy into is sometimes overwhelming. Not to worry though; you’re off to a good start seeing that you landed here at America’s Best Franchises. Rather than…