First, who are millennials? Well, that depends on who you ask. Many prominent publications disagree on the exact year, but the Pew Research Center says millennials were born between 1981 and 1996. They are the largest and most diverse generation. We know millennials are generally more educated, have less money and are more in debt […]
Franchise Center
Should You Buy a Franchise After Retirement?
For many of us, we’ve spent years looking forward to retirement, only to find it takes just a few weeks to finish all the projects we have at home and watching daytime TV is not cutting it. So, what’s the next step after retirement? It could be a franchise. Franchising can be a viable option […]
6 Signs A Particular Franchise System Isn’t For You
Running a franchise may appear to be a lucrative option for some. However, it can be challenging due to the effort required to be successful. Choosing a franchise is also equally challenging since you have a wide array of options to choose from. If you intend to open a franchise soon, choose a well-organized franchising […]
Expanding Your Franchise Portfolio: Should You Double Down or Diversify?
We’ve all heard the saying that we should never put all our eggs in one basket. This lesson is applicable in so many ways—including franchising. If you rely on a singular source of revenue and disaster strikes, you won’t have any “eggs” left. In the world of franchising, there’s always the question of how best […]
Why you Want to Own an Essential Franchise
What does the term “Essential” mean in the franchise universe? It is a business model that is absolutely necessary to our daily lives. Basically, it is a business that most people cannot do without. Essential business were in the news in 2021, and even now in 2022, due to concerns surrounding the Corona Virus pandemic. […]
How to Make Sure Your Franchise Succeeds
Buying a franchise is one of the most lucrative business decisions you can make. It ranks right up there with buying a house. After all, the financial commitment isn’t much different than the total funding required to buy a franchise. There are many franchise options, and some allow you to work at home. Choosing the […]
Here’s Why Food Truck Franchises Are So Popular
The entire nation is enjoying a love affair with food trucks and the variety of dining experiences they provide, which is why food truck franchises are so popular. The food truck industry is also enjoying a huge boom in business, according to industry researcher IBISWorld, growing into a $2.7 billion industry over the last five years. Food truck start-ups have […]
How to Make Your Franchise Thrive in 2022 and Beyond
Image source: Pixabay So, you’ve decided to buy a business franchise. It’s a pretty popular business model in the United States and a successful one, too. Many big-name businesses in the country are franchise businesses. McDonald’s, KFC, and 7-Eleven are only the tip of the iceberg. In 2020, there were an estimated 753,770 franchise establishments […]
8 Perks of Opening a Franchise From Your Home
If there was ever a time to think about running a business from your home, it was at the start of the Covid-19 pandemic. If there was ever a year to actually do it, that would be now. Remote work has become a new normal even as the economy has re-opened and consumers are coming back […]
Top 5 Benefits of Investing in a Franchise Business
Starting your own business comes with a great deal of uncertainty, and there is no guarantee that your product or service will be profitable. An alternative place to start is with a franchise model. Image Source Franchising is a form of marketing and distribution in which the owner of a business (the franchisor) grants a […]
