Blog Post
7 Lessons Learned from the Pandemic (So Far)
The pandemic has put us in never-before-experienced situations. Undoubtedly, there are things that could've been better handled. So what are some things we've learned that can help franchise owners when the next unexpected event occurs.
Blog Post
Finding the Money to Purchase a Franchise
If you're like most new franchisees, you're going to need a little help money-wise to open a franchise. So, once you choose your franchise, get working on a solid business plan, and consider these sources of funds.
Blog Post
Do You Need Industry Experience to Open a Franchise? Nope.
In franchising, career development tends to be a little different than with traditional job searches. Specifically, you do not need industry-specific experience to open a franchise.
Blog Post
Opening a Start-up vs. Buying a Franchise
Choosing between opening a start-up vs. buying a franchise can be a daunting decision, and very dependent upon your individual circumstances. So, let’s look at the benefits and challenges that come with both options.
Blog Post
3 Ways to Reduce the Frustrating Aspects of Your Franchise Search
As you consider buying a franchise, these are a few areas where you can smooth the road for yourself and reduce frustrations.
Blog Post
For Multi-Unit Franchisees: Diversifying Your Franchises Offsets Future Risks
One way to offset future risks is diversifying your franchise holdings. Here are four categories to look at.
Blog Post
5 Ways to Grow Your Franchise Network While Physically Separated
Though we're physically distancing, there's still ways to connect with your current and potential customers. Here are five!
Blog Post
It’s OK to Negotiate Parts of the Franchise Agreement, and You Should
Many aspects of the franchisor-franchisee relationship are not flexible, as the established business model of a particular franchise is a hallmark of the arrangement. However, there are some parts of the franchise agreement that can be negotiated for your individual situation.
Blog Post
Why Seniors and Franchises Make an Excellent Partnership
Seniors and franchises can make quite the match. Franchisors can benefit from a wealth of transferable experience while the senior franchisees can benefit from more career options and lifestyle choices.
Blog Post
Built-in Benefits for Franchises Not Present in Independent Businesses
Whether you choose an independent business or a franchise, you will need to develop expertise in a number of areas. But franchisor support covers many of these areas, helping franchisees shorten their learning curve.