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 […]
To put it as simply as possible: the franchisor is the owner of the brand or company. They are able to grant others the ability to use their name and reputation in order to open their own businesses with their trademarked service, look, and products. A franchisee is the individual who seeks license with the […]
Every franchisor-franchisee relationship is different, even within the same company or brand name. The relationship will be specific between you and the franchisor and set, even starting from the very first time you make contact. Then from the personal level of franchisor-franchisee, there are the contract and business related relationships. Franchisor-Franchisee relationships come in three […]
Opening a franchise is a big step towards financial and job security, but if you’re not sure where to look, you can quickly get frustrated and give up. There are so many franchise opportunities out there, that it can be hard to locate which one is for you and that’s why there’s a franchise directory. […]
Franchise Series 1- Franchising Introduction Franchising is essential to the business market as it helps to bolster growth and development of brands in most industries. While the concept comes from ancient China, this is something that has evolved tremendously over the years. It grew tremendously as something business professionals could maintain, starting in the Middle […]