For Beginners

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8 Top Qualities for Franchisees

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...Read More

By Suzanne Musial | Posted May 09, 2016

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Finding A Franchise You Will Enjoy

Many people focus on finding a franchise that will be profitable, compatible with their personality, and easy to run. These are all important factors when looking to invest in a franchise, and much research needs to be done to be sure the franchise will be a good fit for their needs. James Walker...

By Suzanne Musial | Posted May 04, 2016

Smart Ways to Tell If A Franchise Is Perfect For You

There are all kinds of franchises out there, from the ubiquitous fast food restaurants to service franchises that provide cleaning, tutoring and other services. Finding the franchise that is perfect for you may take some time, but the happiness of the next 10 to 20 years of your life depends on...

By Suzanne Musial | Posted May 02, 2016

The Many Advantages of Franchisor Resources

One of the biggest advantages of buying a franchise is the support you can get from the parent company. Franchisors have done a great deal of work in building up their business - work that you get to benefit from as a franchisee. From Business Plan to Supply Contracts Before you even open your...

By Suzanne Musial | Posted April 19, 2016

Best Franchises for Parents

When parents consider becoming franchisees, they may want to combine work with raising their kids to benefit both the franchise and the children. Instead of dad owning a franchise and spending most of his time at work, he may want to involve the whole family in the franchise and may choose a...

By Suzanne Musial | Posted April 14, 2016

How to Choose the Right Location for Your Franchise

There are a few factors relating to your franchise that can make or break you, and location is definitely at the top of that list. Locating your franchise in the wrong place can single-handedly cause it to fail, no matter how many other things you do right. Here are some tips on how to choose a...

By Suzanne Musial | Posted April 08, 2016

Best Franchises For Beginners

Getting into franchising for the first time is exciting. There are many new experiences and challenges, and lots of new things to learn. With so many moving parts, there are also many chances to make mistakes, and while some mistakes will be learning experiences, others could potentially cause a...

By Suzanne Musial | Posted April 07, 2016

What Makes a Franchise Excellent?

As a franchisee begins the process of choosing a franchise to invest in, it is important to know what to look for if excellence is the goal. There are many franchises that will be "good enough" to stay in business and provide for the franchisee, but a smaller number that will truly be...

By Staff Writer | Posted April 03, 2016

Interviewing a Franchisor: 5 Questions to Ask

An important part of the research process before investing in a franchise is interviewing the franchisor. As the owner of the parent company you will be working under, franchisors play an important role in the franchise process. The framework for the way a franchise runs and the level of support...

By Staff Writer | Posted March 24, 2016

How To Choose the Right Franchise For You

Franchises typically consume many hours a week for those who run them, and the typical licensing period is 10 to 20 years. When investing thousands of hours into something, it makes sense to choose a franchise type that will sustain your interest over a long time period. How do you know what kind...

By Staff Writer | Posted March 21, 2016

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