Franchise Blog

So you’ve decided that you want to be a franchisee. You’ve realized the benefits that come with a solid franchise company such as a system that removes any guesswork for running a business and also giving you the tools you need to avoid the common mistakes and kinks that business owners experience when doing an […]

In franchising, it might be hard to get as much done in a day as you want. You may look for ways to improve the efficiency of your day. With so much to do and so little time, is getting that large lists of ‘musts’ done really a viable option? Depending on the size of […]

It’s easy to slip into a negative attitude as you look at the hefty price tag franchise opportunities. This can also happen once you’ve purchase a franchise when problems arise. When you own a franchise, you’re at the head of the totem pole. When problems arise and you have a harder time coming up with […]

While all the books, blogs, and articles in the world can tell you what to expect, what business franchisors will give you as a business franchisee, only you will be able to make the decision for yourself. It’s a personal decision based on personal questions and self-evaluation. While you might face obstacles based on your […]

There are a lot of myths about franchising and business ownership. You should always assess what is fact and what is fiction when you approach any situation. That includes the statement, “You are your own boss”. While it’s true that business franchisees run their own store, you are still subject to the franchisor. You will […]

Not everyone is cut out to run a franchise. Those with more passive business aspirations are some of the few that would not do so well running their own business, but there is more to it than that. It’s always important to make a self-assessment before you make any large purchases, investments, or changes in […]

Opening a franchise is an exciting time and looking for the right one is even more exhilarating. You are pumped and ready to find the perfect franchise to make your dreams of business ownership become a reality. If you do not know where to get your information from, here are a few things you should […]

There is no way to secure a job or future finances in today’s market unless you own your own business. Between recessions, unemployment, credit, and the stock market, it’s hard to determine whether anyone will have a job tomorrow. Counter that with the fact that most states in the US are ‘at-will’ states, and there […]

The area representative is unique in the franchise system. They are the person the salesperson for the franchise and generally make a commission off of each franchise they sell. They answer questions, provide support for the franchisees and may have other responsibilities. In many cases they will also pay a fee to the franchisor just […]

When you have a multiple unit agreement you will need to have two different agreements in place: the area development agreement and the franchise agreement. While it may seem confusing as to why you need these, the fact is that they each serve their own purpose. The area development agreement is what stipulates the rights […]

Multiple unit agreements, also known as area development agreements, are franchise relationships that give the franchisee the ability to create multiple single unit locations in a certain area. This is because there is an agreement upfront of a certain number of stores that will be opened for that store. The contract will generally define the […]

Franchising is a great way for people, groups of investors or business entities to own a business. This is because there are many advantages and opportunities that it can provide. There are many different ways that the relationship with the franchisor can work depending on many factors such as the category, the size of the […]

A great example of this is in the restaurant industry with franchising. You may think that all food based franchises are the same. Pizza restaurants are an excellent example of this. There are some restaurants that deliver and others that don’t. You will find that some offer a restaurant inside where people can enjoy their […]

Every year there are more franchise opportunities that you can take advantage of. The only thing that really limits franchisors is their imagination and the skill-set that they have. Franchises can cover more than just food. In fact there are more than 120 different business categories that offer franchises, including car washes, hair salons, dog […]

The good franchisee and entrepreneurs will be able to spot good pet franchise opportunities when they show themselves. The great ones will not only spot those franchise opportunities, but will find a way to capitalize on them. Depending on your industry, franchise opportunities may be rare so when they come by, you want to see […]

Growing your social network before and after your grand opening is an important part of running a business. Your contacts can be part of your franchise network as you form sales, marketing, and community events. It never hurts to have allies in different industries that can actually help boost your business .There are other perks […]

Franchising looks like a great deal when you consider all the help you’re having, the training, the assistance in building your location, and the established reputation that people can trust. The thing for every franchisee to remember when they purchase a franchise is that they do not own a business. When someone purchases a Dollar […]

There are two options when you are opening a business franchise. Those two options are product-distribution or business-format franchise. It’s important to understand the difference between the two before you take a step forward with your business franchising decisions.   Franchising Options   Product Distribution Franchise: This franchise looks a lot like a supply or […]

Franchising drives what we will call the entrepreneurial plane, taking businesses to a higher level, faster than ever. You will have a hard time driving down any city street, even in small towns, without passing at least one franchise. Franchising is so massive, that it is a part of just about any business line in […]

The International Franchise Association (IFA) hasn’t been publishing numbers of franchise success for years. It’s easy to falsify number and statistics specifically. You should be wary of any business or franchisor who swears by numbers or claims success based on statistics.   What is a Brand and What Does it Do in Franchising? It’s key […]