For Beginners

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What Are the Main Types of Franchising?

If you’re interested in becoming your own boss, but you’re worried about the uncertainty of starting a new brand from scratch, buying into a franchise may be a great option! In a franchise deal, a franchisor (or a parent company) licenses its business model, products, or operations out to a franchisee (an individual who operates ... What Are the Main Types of Franchising?...Read More

By Franchise Gator | Posted November 8, 2022

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Franchise buying due diligence

A Franchise Owner Discusses Due Diligence in Researching Opportunities

If you’re planning to invest in a franchise business, you owe it to yourself to do your due diligence before committing to a particular brand. After all, you’ll be investing significant time, money and resources, so it pays to be thorough. At the International Franchise Professionals Group (IFPG), we are committed to helping aspiring business owners A Franchise Owner Discusses Due Diligence in Researching Opportunities

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By Staff Writer | Posted May 12, 2020

kiosk franchises

Kiosks: 3 Reasons Why This Franchise May Be a Great Fit

What comes to mind when you think of a kiosk? You may imagine one of the following vendor franchises. Booths set up throughout shopping malls or at outdoor promenades Machines, like snack vending machines and DVD rental boxes Food carts ATMs Choosing to invest in a kiosk franchise is a unique opportunity for potential franchisees. Kiosks: 3 Reasons Why This Franchise May Be a Great Fit

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By Deborah Sweeney | Posted November 25, 2019

Getting loan ready

How to Get Loan Ready for Your Franchise

So, you’ve decided to invest in a franchise and enter entrepreneurship as a franchisor. You’ve picked out the franchise you’d like to open up, met with a franchisor, and reviewed the Franchise Disclosure Document (FDD). Much like investing in starting a small business, franchises typically require a bit of capital to fund the purchase. There How to Get Loan Ready for Your Franchise

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By Deborah Sweeney | Posted September 30, 2019

Ice cream franchises

3 Types Of Franchises Perfect To Start In Spring And Summer

Have you always wanted to start a small business, but worry about the risks involved in succeeding with a startup? You may want to consider getting your feet wet by starting a franchise. Purchasing and running a franchise, whether it sells sandwiches or offers repair services, allows individuals to become franchisees. A franchisee can invest 3 Types Of Franchises Perfect To Start In Spring And Summer

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By Deborah Sweeney | Posted June 11, 2019

Veterans in Franchising

What Veterans Need To Know About Getting Started With A Franchise

Have you heard of the franchise JDog Junk Removal & Hauling? This year, JDog Junk Removal & Hauling opened its 200thfranchise . They’ve been in business for just seven years, and JDog is on its way to becoming the fastest growing junk removal franchise in the United States. However, what makes JDog stand out from What Veterans Need To Know About Getting Started With A Franchise

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By Deborah Sweeney | Posted February 5, 2019

royalty fees

How Significant are Royalty Fees?

Most people who have a general knowledge about franchising know that every franchisor charges a royalty fee. A franchise owner is contractually obligated to pay the franchisor a portion of their sales over the life of the agreement. The payment is normally made on a weekly basis. However, there is a lot of confusion regarding How Significant are Royalty Fees?

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By Rick Bisio | Posted January 2, 2019

local factors to consider

Consider Local Factors Before Purchasing a Franchise

Although the Franchise Disclosure Document (FDD) is a uniform document providing information about a franchise organization, there are many aspects about owning and operating a franchise that vary from state to state. This can include taxes, real estate leasing prices, operational costs and local licensing agreements. The Franchise Rule The first area of focus tends Consider Local Factors Before Purchasing a Franchise

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By Rick Bisio | Posted December 12, 2018

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