Posts Tagged ‘Franchise’
5 Ways to Feel More Fulfilled in Your Franchise Ownership
There’s a lot that happens when you buy a franchise. One aspect rarely talked about is the social giving side of franchise ownership. As a new business owner in your community, you have a unique opportunity to give back to the people you serve. This goes beyond your standard service offerings. You are able to…
Read MoreThe Worst Reasons to Buy a Franchise
You want to become a franchise owner. It’s a big decision and one that takes tremendous consideration. Although you have your reasons for wanting to make this important next step, are they the right ones? Here are five of the worst reasons to buy a franchise and how you can know if your motivations are…
Read More12 Top Trends in Franchising’s Restaurant Industry
Restaurant franchises had their second biggest month of the year and are responsible for adding two-thirds of the 48,600 jobs created in December 2015. Continuing with the food industry’s positive momentum, here is a specific look at franchising trends in the food and restaurant industry for 2016. According to the SVP of Operations at Applebee’s…
Read MoreOrganizing Your Franchise Business Search
Some franchise investors have one franchise opportunity in mind from the beginning, but for many people, deciding on the perfect franchise business is a lengthy process. You might look at franchises in different fields, or companies that operate in different ways. You might look at multiple options before you decide on a specific industry, and…
Read MoreFranchise Health: How to Get a True Read
Investing in a franchise is no small commitment. Depending on the longevity and brand recognition, the initial franchise fee could be anywhere from $10,000-$50,000 for a single unit. Add that to the initial start-up cost and your financial investment could be upwards of several hundred thousand dollars. Bottom line: That’s a substantial financial commitment. In…
Read MoreThe Franchise Supply Chain
When you think about your franchise investment, you may see yourself welcoming customers into your franchise or relaxing on the boat your franchise business will buy you. You should also be thinking about your supply chain. The supply chain of your franchise business includes every step of the journey from raw materials to your door,…
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