As you consider franchising, assessing sectors and opportunities that align with your interests is the first critical step. From fast food and fitness centers to retail and home services, the possibilities are extensive. A burning question for many is whether owning a franchise could pave the way to wealth. Specifically, are there low-cost, high-profit franchises ... What is the Most Profitable Franchise to Own in 2025?...Read More
By Franchise Gator | Posted April 4, 2024
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?
Read MoreBy Rick Bisio | Posted January 2, 2019
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
Read MoreBy Rick Bisio | Posted December 12, 2018
Franchise Gator has long helped budding entrepreneurs become a part of a larger name brand operation by way of buying a franchise or business opportunity. And now Amazon, one of the largest global companies, is offering the opportunity to lead a fleet of their delivery vehicles. Why would Amazon create such an opportunity? It’s an … Amazon Business Opportunity
Read MoreBy Eric Bell | Posted November 20, 2018
How was your franchise/opportunity originally conceived and started? We knew right away, at our first bite, that the little kolache was going to be something big — and we were right. People of all ages, from all walks of life, all throughout the day just can’t seem to get their fill of these sweet and … Franchise Q&A with Russ Clark, Co-Founder of American Kolache
Read MoreBy Staff Writer | Posted November 12, 2018
Provide an overview/ description of your industry. Breakfast is one of the fastest rising industries of the restaurant business. Breakfast foods are a better food cost item (which is why companies are beginning to sell breakfast all day). American Kolache, like a lot of breakfast places, are open from 6 AM to 2 PM, so … Industry Q&A with Russ Clark, Co-Founder of American Kolache
Read MoreBy Staff Writer | Posted November 12, 2018
Franchisees have a lot on their plate before they invest in purchasing a franchise. They need to interview with a franchisor, thoroughly read the Franchise Disclosure Document (FDD), incorporate the franchise to save on payroll FICA taxes, and file for a Doing Business As name (DBA). Trademarks must also be taken into consideration, too. These … Why Does a Trademark Matter to a Franchise?
Read MoreBy Deborah Sweeney | Posted October 22, 2018
How was your franchise/opportunity originally conceived and started? Year over year we were struggling to keep up to the market demand regardless of how many crews we deployed. It was this challenge that brought about the idea to franchise our brand and pass on our years of experience. What was your original vision for your … Franchise Q&A with Precision Greens’ President, Dave Abbott
Read MoreBy Staff Writer | Posted October 19, 2018
There are a lot of reasons why now is a good time to take the leap and start a small business. 2018 and 2019 are both shaping up to be advantageous economically, thanks to 2018’s tax reform that benefits small businesses. Overall the health of the economy is positive. A study conducted by Intuit projected … Now is a Great Time to Start a Business
Read MoreBy Eric Bell | Posted October 15, 2018
Provide an overview/ description of your industry. The childcare industry takes in $48 billion annually. There are preschools and young children in almost every part of the country in abundance. The benefits of music education are also enormous including showing better school grades and test scores, increased social skills, concentration, and so much more. On … Industry Q&A with My Music Workshop’s President, Elias Berlinger
Read MoreBy Staff Writer | Posted October 5, 2018
How was your franchise/opportunity originally conceived and started? My wife and I started My Music Workshop in 2009 from a shared background of being musicians and teachers. We had dreamed of creating a music teaching business and took the leap about 10 years ago. We expanded quickly in our area but expanding past our territory … Franchise Q&A with My Music Workshop’s President, Elias Berlinger
Read MoreBy Staff Writer | Posted October 5, 2018
