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
The state of the franchising industry? Strong as ever. Like the stock market, the franchise industry goes through equivocations, usually tracking against shifts in the economy. But over the long haul, franchise businesses, just like the stock market, have proven to be among the soundest investments. Even in the most challenging economic climates, such as … The Future of Franchising
Read MoreBy Eric Bell | Posted January 9, 2017
Provide an overview/ description of your industry. Over the years, the movement of embossed ID dog tags that were typically found within the military are now being promoted into the retail gift and novelty markets. More gift stores/museum gift stores have started selling this product to its patrons, majority of gift stores are military … Retail Industry Interview with NewBold Corporation Sales Manager, Mark Hathaway
Read MoreBy Staff Writer | Posted January 4, 2017
How was your franchise/opportunity originally conceived and started? We’ve been producing and selling the equipment that embosses military ID dog tags for a number of years and our primary customer was the military. Over the last few years, embossing military style ID dog tags has started to branch into the retail market – being … Franchise Q&A with NewBold Corporation Sales Manager, Mark Hathaway
Read MoreBy Staff Writer | Posted January 4, 2017
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 regional/national advertising campaigns. May be a flat … 15 Common Franchise Terms and What They Mean
Read MoreBy Suzanne Musial | Posted December 28, 2016
Prior industry experience is NOT necessary. Depending on the franchise option you’re interested in, net worth requirements range between $250,000 -$750,000. The most important requirement to starting your own PIRTEK franchise is a willingness to be hands-on with the business. What are the available franchise tiers? Tier 1 franchises are traditional brick-and-mortar stores. Typically, … PIRTEK USA TIER 1 & TIER 2 Franchise Program Frequently Asked Questions
Read MoreBy Staff Writer | Posted December 27, 2016
Lucy and Desi. Melinda and Bill. Jay-Z and Beyonce. These famous business partner couples have made it look relatively easy. What you don’t see, though, is the hard work they likely had to go through to create a partnership that works for both their personal and business lives. If you’re considering taking your relationship into … With This Business, I Thee Wed: 6 Things to Consider When Going into Business with Your Spouse
Read MoreBy Lori Kiser-Block | Posted December 20, 2016
Q&A with Mike Rozman, CEO & Co-Founder of BoeFly So you’ve decided to buy a franchise. Great! Of all the benefits franchising offers would-be business owners, the question still remains, “Where will I get the funds to finance my business?” Entering the world of business financing can be intimidating, especially for those new to business … How to Secure Franchise Financing
Read MoreBy Suzanne Musial | Posted December 13, 2016
Provide an overview/ description of your industry. Include reasons why it’s a great industry to start a business in today. The vacation rental industry was created by individuals and investors buying second homes that they rent short term as investments. Many individuals marketed their own homes initially via VRBO but a large industry has … Industry Q&A with Bob Dickhaus, Founder of Primo Destinations
Read MoreBy Staff Writer | Posted December 6, 2016
How was your franchise/opportunity originally conceived and started? I started a successful vacation rental company, Dune Real Estate, in 2014 in Santa Rosa Beach, Florida. Dune in just three years has grown to be a $2 million business and we began looking at expanding geographically out West to grow our winter business. As I looked … Franchise Q&A with Bob Dickhaus, Founder of Primo Destinations
Read MoreBy Staff Writer | Posted December 6, 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 … The Benefits of Using a Franchise Broker
Read MoreBy Suzanne Musial | Posted December 6, 2016
