Should You Hire a Franchise Broker?

If you are looking to hire a franchise broker just because you have heard that this is what all franchisees do, then pause. You need to understand who you are hiring exactly and how that individual can help you with your franchise buying decisions. “Franchise Broker” is a broad term. These professionals can be […]

Useful Tips: Going Global with Your Franchise

Useful Tips: Going Global with Your Franchise
Franchising your company isn’t the last step towards expanding your business. Going global with your franchise is the last frontier in this case. When your growth has saturated local markets and you have an outlet in nearly every state and city, then it is prime time for you […]

What Makes a Franchise Different from a Small Business

A Franchise and small business are both business models that you can own.
There are differences between how the two are run, and each has its own set of pros and cons. You might find the idea of operating your own business to be very appealing but there is more leg work required in launching […]

Franchising Business in 5 Steps

Franchising Business in 5 Steps
It is impossible to own a business and not dream of seeing it turn into a household name like McDonald’s or Burger King. You also might have considered franchising it at some point but never took the first step. Here’s a simple guide that breaks down the process for you: […]

Franchise Brokers versus Franchise Consultants

Franchise Brokers versus Franchise Consultants
The most difficult decision a potential franchisee is faced with is to choose the right franchise for themselves. Considering there were 90,000 franchises reported in 2010, it gets increasingly overwhelming to filter and comb through a huge number to arrive at an appropriate brand. This is where franchise consultants and […]

Costly Mistakes that a New Franchisee Makes

Costly Mistakes that a New Franchisee Makes
Wise people learn from their mistakes. Exceptionally wise people learn from other people’s mistakes. And these mistakes can appear on paper in the form of dollars. Your franchise will definitely come with manuals and training programs. However, as a newbie franchisee, you will tend to make choices without […]

Choosing the Best Location for your Franchise

Let’s just assume, for the sake of making a point; that you have opened up a Dunkin Donut drive-thru on the side of a busy road. The outlet looks great. It is bright and visible with a signboard pointing towards it and the location is strategic. The road has a lot of traffic influx […]

A Simplified Guide to Choosing the Right Franchise for You

So you have decided to go into a franchise business but you don’t know where to start? It is natural to feel overwhelmed when you are at crossroads with a lot of options on the plate. This guide has been compiled to help you make decisions along the way to choosing the perfect fit […]

5 Common Myths about Franchising That Need to be Debunked

There are certain things you might have heard that are putting you off from buying a franchise. There may also be some exaggerated facts that try to seduce you into buying a franchise without thinking. Whatever you may have heard, we are going to dissect some really common ones and serve them up you […]

5 Good Reasons Why You Should Franchise Your Business

If you own a business in multiple locations, you should consider franchising it. Like living cells that multiply and reproduce into thousands in no time, a carefully executed franchise program can spurt your business growth globally. Notable examples are 7-Eleven that has 36,000 stores in 20 countries and Subway with 33,000 outlets spread across […]