UPDATED 8-4-22: Many people dream of owning a business at one time or another but determining what products or services to offer can be difficult. Franchise businesses are an excellent option as these business ventures are already branded so that most customers are already familiar with the franchise and the product or service has been ... Top 10 Funding Sources For Your Franchise Venture...Read More
If you’re planning to invest in a franchise business, you owe it to yourself to do your due diligence before committing to a particular brand. After all, you’ll be investing significant time, money and resources, so it pays to be thorough. At the International Franchise Professionals Group (IFPG), we are committed to helping aspiring business owners … A Franchise Owner Discusses Due Diligence in Researching Opportunities
How was your franchise/opportunity originally conceived and started? Through good math and proven algorithms, our company was born. We always thought there was a way to be in the market when it’s good and when it’s bad, rather than so up and down with stocks and uncertainty. Our company has done that and continues to … Q&A with Prime Day Trading Owner, Kyrsti Snyder
In many cases, a tried-and-true business model with built-in brand recognition can make it easier for your franchise to qualify for a loan. Especially if you’ve been in business for a few years or you already own a few franchises. But finding a loan for this unique business model can pose some challenges, especially when … Opening a Franchise? 3 Common Financing Fears and How to Face Them
The Covid-19 pandemic has created a level of uncertainty, stress, and confusion unlike anything we have seen in our lifetime. In large portions of the U.S., schools are shut down indefinitely, businesses are asking employees to work from home, and retail outlets are bracing for what could be a rough couple of weeks – if … How Will Coronavirus Affect Your Franchise Search?
One of the biggest game changers in restaurant sales over the past several years has come with the increase of third-party delivery services. Everywhere you look, restaurants are partnering with vendors such as DoorDash, GrubHub and UberEats to offer their customers fast and convenient delivery of their food orders. These services can help level the … The Impact of Third-Party Delivery Services
What was your original vision for your company? How has that changed over time? When we started out in 2010 with one little burger joint in Northeast Portland, we just hoped we’d still be open after 12 months. Then people started to rave about our burgers. The lines started to head out the door. Pretty … Franchise Q&A with Killer Burger’s Director of Development, Brian Hebb
What comes to mind when you think of a kiosk? You may imagine one of the following vendor franchises. Booths set up throughout shopping malls or at outdoor promenades Machines, like snack vending machines and DVD rental boxes Food carts ATMs Choosing to invest in a kiosk franchise is a unique opportunity for potential franchisees. … Kiosks: 3 Reasons Why This Franchise May Be a Great Fit
Provide an overview / description of your industry. The Professional Lawn Care Industry offers a wealth of advantages over other service type businesses and landscape firms including residual income, graduated growth year to year, year around income potential, many profit centers, and low startup cost compared to other industries. How has your industry changed in … Industry Q&A with Mark A. Tamn, CEO and Founder of Freedom Lawns USA
Each year on Veterans Day, we take time to thank all the brave men and women who have served and protected the United States through their service in the military. It is a well-deserved recognition for those who fought for the freedoms we enjoy in this country every day. Veterans Day is also a great … Veterans Day Celebration: Vets Continue To Be Strong Fit For Franchising
How was your franchise/opportunity originally conceived and started? Freedom Lawns was conceived in 1999 by Mark and Lynn Tamn as an alternative to “fast food” one fits all type lawn care companies. Our goal was to design a model that was different, sustainable, simple and profitable which could be easily duplicated by others. What was … Franchise Q&A with Mark A. Tamn, CEO and Founder of Freedom Lawns USA
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