One of the biggest differences between management and ownership is the financial responsibilities required of a business owner. Both roles require leadership skills and business sense, but we believe that franchise ownership offers day-to-day and long-term benefits that just aren’t part of the package for franchise managers. Read on to find out how management and […]
Franchise Center
16 Questions to Ask Your Franchise Validator
You’ve found a franchise that feels right for you. So now it’s time to start taking the necessary steps to become a franchisee. This is your guide to the franchise validation process, which is one more way for you to be absolutely positive that you’re investing in a good franchise fit. Learn all about franchise […]
Treat Yourself: How About a Franchise for Father’s Day?
Who says you can’t treat yourself to a Father’s Day present? And the gift of business ownership is the best gift of all. Read on to learn all about ideal franchise business models for fathers and start your entrepreneurial journey as soon as possible. What Makes a Man’s Franchise America’s Best Franchises features franchisors from […]
How to Hire the Best Employees for Your Franchise
As a franchise owner, you’ll need to build an effective team to help you meet your customers’ needs and your own goals. But how do you find and hire employees you can count on? Here are our top tips for hiring the best employees for your franchise. Determine Your Needs Before you can start hiring […]
What Multi-Brand Franchise Ownership Actually Looks Like
Whether you are looking to expand your franchise portfolio or looking to start your first franchise venture, multi-brand franchise ownership could be an option for you. Explore what that means—and what it entails—for multi-brand franchise owners. Multi-Brand Franchise Ownership Multi-brand franchise ownership is exactly what it sounds like: owning franchises of two or more different […]
Daily Financials That Franchisees Need to Keep Their Eye On
Although there can be some complex aspects of financially managing your own business (we’re looking at you, tax season), the financial information franchise owners need to pay attention to every day is pretty simple. At the end of each day, you should know the money that came in, the money that went out, and how close your […]
What Do I Need to Know Before I Buy a Franchise?
Buying a franchise is a complex, long-term investment that has the potential to change your life. If your business succeeds, you may never have to work for someone else again. If it doesn’t, you could lose your investment, and you could find yourself bound by strict non-competition covenants that prevent you from using what you’ve […]
3 Ways to Make Your Franchise a Family Business
You can’t choose your family, but if you’re a franchise owner you can choose whether or not they are involved with your business! In fact, 43 percent of small businesses are family businesses according to the National Federation of Independent Businesses. If you are looking to bring your family into the franchise fray, here are some of […]
What Happens at Franchise Conferences?
Franchise conferences and conventions can be a great resource for franchisees or anyone exploring franchise opportunities. In addition to being an excellent learning experience, franchising conferences are a chance to meet other franchisees or franchise representatives. But a lot happens at conferences. And it can be overwhelming. We have your peek behind the curtain so […]
2020 Franchising Trends
As 2019 comes to an end, let’s take a look ahead. What trends and changes can we expect to impact the franchising industry in the coming year? Read on to find out which 2020 franchising trends we’re keeping an eye on. The Integration of Tech Technology is an increasingly important part of our lives—and the […]
