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...Read More
By Suzanne Musial | Posted October 11, 2016
Becoming a franchisee is not for everyone, but franchisees who find success have many characteristics in common that help them along the way. Think you have what it takes to be successful in franchising? Here are the top 10 traits that successful franchise owners possess: 1. Leader /...
By Suzanne Musial | Posted August 22, 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
If you're new to the world of franchising, you probably have a million questions about everything from costs and training and support, to hiring employees and securing equipment for your new business. One of the most important sources of information for prospective franchisees is the Franchise...
By Suzanne Musial | Posted July 20, 2016
In the process of researching different franchises, you may come across the term "turnkey business opportunity." While some franchises are billed as turnkey, there are some notable differences between these and turnkey business opportunities. Here are some things to know when considering...
By Suzanne Musial | Posted July 12, 2016
A critical step in the process of buying a franchise is a comprehensive due diligence examination to ensure you are making an informed decision before entering into an agreement. Below is an in-depth list of questions for interviewing a prospective franchisor during the research process. Top 16...
By Suzanne Musial | Posted June 29, 2016
As one of the most successful fast food franchises in the U.S., Chick-fil-A grew by $700 million in sales in 2015 surpassing every pizza brand in the U.S. and making it the eighth largest fast food chain in the country according to QSR Magazine.With all its success, Chick-fil-A surprisingly remains...
By Suzanne Musial | Posted June 27, 2016
Beginning franchisees may have thoroughly researched the franchise process and the particular franchise they decide to buy, but many questions often remain as they take the first steps into franchising. Every day there are more decisions to make and things to learn, and finding a franchising mentor...
By Suzanne Musial | Posted May 13, 2016
When looking for a franchise opportunity, how can you tell whether the one you want is a strong one? Here are 5 characteristics of a strong franchise opportunity that will help you know when you have found something worth pursuing. 1) Location is favorable. The phrase "location, location,...
By Suzanne Musial | Posted May 12, 2016
According to franchise coach and longtime franchisee Joel Libava, aka "The Franchise King," there is a set of personality characteristics that is more suited to franchising than others. "It's so important for people to figure out before they even start looking around if they are...
By Suzanne Musial | Posted May 09, 2016
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