What to Expect Your First Few Months of Owning a Travel Franchise
Booking a trip has become both easier and vastly more complicated because of the internet. While most people have no problem navigating websites and flight schedules, they face literally millions of options when they run a simple Google search. This barrage of information can leave a lot of doubt as…
Finding Franchise Opportunities that Bring Out the Very Best in You
Jumping into finding franchise opportunities can be a daunting task. Take a step back, and ask yourself what you are trying to accomplish by buying a new business. If you don’t get real with yourself and truly understand your overall goal, you will begin this journey already on a path…
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…
Buying a New Franchise and Marketing It
When it comes to buying a new franchise and marketing it, one thing you will have is an advantage over those that buy a new business. Why is this? The reason is you will have name recognition and advertising from both the regional and national levels, which will give you…
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…
Start-up Costs For Top Franchise Opportunities
If you’re thinking about buying a franchise, you probably have two questions that keep popping into your mind. How much can I make in a franchise and how much does it cost to start a franchise. To help you decide which franchise is right for you, we decided to break…
5 Tips for Buying Equipment for Your Franchise Business
One of the biggest expenses when you first open your new franchise will be equipment. Depending on what kind of franchise you’re opening, these costs will vary. For example, if you plan to open a restaurant franchise, you could spend upwards of $100,000 on equipment alone. With a fitness franchise,…
Why Buy a Franchise vs. Buying a Stock Portfolio – Why Not Choose You?
If your day is consumed with thoughts about wanting a better retirement but you don’t know where to turn, you’re not alone. Historically, Americans have opted to buy a stock portfolio and hoped for spot-on investment advice and growth to sustain you and your family in retirement. [caption id=”attachment_3315″ align=”aligncenter”…