When someone says “franchisee,” the image that comes to mind is usually a middle-aged man or woman. But over the past decade, there’s been...
Reasonable investment levels, low employment overhead for self-serve models, low operational costs compared with other food service businesses, and relative ease are just some of the factors that might appeal to a person looking to open a small business with support from a franchisor.
Obviously, auto repair franchise owners benefit from consumers making repairs on their cars, instead of buying new or used cars. However, you might not be aware of some of the not-so-obvious advantages to owning an auto repair franchise.
Businesses looking to expand often find themselves at a crossroads: franchising vs. traditional expansion. Despite experts trying to sway you one way or another,...
A franchise's turnover rate is the percentage of franchise locations that close in any given year. We found that about half the franchises in the data we checked had turnover rates of 10% or less.
Franchisors approach online marketing in many different ways. How can a franchisee get the most from online marketing? Make sure, when you choose your franchise business opportunity, that you have a plan for online marketing—and that the franchise you choose works with that plan.
Home Service franchise opportunities provide customer conveniences that not only help manage the upkeep of someone’s house but also life's many tasks. From lawn...
Before you invest in a franchise, you do plenty of research, looking at the financial health and performance of the corporation and of individual franchises. How will you measure the health and performance of your own franchise business?
Surveys routinely find that more than half of Americans want to own their own businesses — and we see even higher percentages among specific groups. For example, 64% of young Latinos see entrepreneurship as their goal.
Many potential franchisees, as they get further into the actual prospect of owning their own business, end up expressing surprise at the myriad of avenues available to them with regard to funding their franchise opportunity. Some have a healthy nest-egg of their own waiting in the wings, while others may rely on traditional bank loans.