When searching for a franchise it’s important to know the lingo. Here is a list of the most common franchise terms to get you in the know as you begin the investigation process: Advertising Fee: A contribution paid by the franchisee into the franchise system’s advertising fund for...Read More
By Suzanne Musial | Posted December 28, 2016
Franchise brokers: Who are they, and do you need one? The best travel agents ask a lot of questions of their clients before planning a trip. The more they know, the more they can match the right experience to the client. Good franchise brokers are the same way. Their job is to learn all they can...
By Suzanne Musial | Posted December 06, 2016
So, you’ve decided to buy a franchise. There are a variety of good reasons for investing in a franchise, but the most compelling is the possibility of financial success. However, while owning a franchise can give you a tested business model with brand awareness, it doesn’t always...
By Eric Bell | Posted November 22, 2016
The single-unit “mom-and-pop” arrangement may be what most people think of when they think about franchise ownership. Simple franchisor/franchisee operators dominated the franchise universe well into the late 1990s and, for many, that model remains just fine. But there are other ownership...
By Suzanne Musial | Posted November 15, 2016
Owning a franchise in your 20s. Who’s in? When someone says “franchisee,” the image that comes to mind is usually a middle-aged man or woman and not a recent college grad just entering the workforce. However, several factors have begun turning that perception on its ear – one of the most...
By Eric Bell | Posted November 09, 2016
Many would-be business owners think opening a franchise is out of their reach because it seems most opportunities require tens if not hundreds of thousands of dollars for an initial investment. But there are actually several opportunities starting at $20,000 or less that are great options for those...
By Suzanne Musial | Posted October 31, 2016
Franchising has become an increasingly popular way for women to realize their dreams of business ownership. Many franchisors recognize that women possess many of the necessary traits and skills to run a successful franchise business, and the number of female franchise owners has nearly...
By Suzanne Musial | Posted October 25, 2016
An important step to becoming a franchisee is to invest quality time into researching the industry and all of the laws that affect it. Below is our list of the top 8 books to read if you’re thinking about buying a franchise. Whether you have some knowledge of the franchise industry or none...
By Suzanne Musial | Posted October 19, 2016
There is no question that there are clear guidelines to consider when shopping for a franchise opportunity. There are personal guidelines for you to consider on your end, and there are also certain elements you are looking for in the franchisor. Your own personal checklist might look...
By Suzanne Musial | Posted October 11, 2016
One area of the economy that continues to thrive is the franchising industry. According to the International Franchise Association’s 2016 Franchise Business Economic Outlook, the industry is predicted to grow at faster a rate than other types of businesses this year, including a 1.7%...
By Suzanne Musial | Posted July 27, 2016
As of 11/27/18:
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