Franchise Center
Welcome to the SmallBizClub Franchise Center—your go-to resource for all things franchising. Whether you're starting out or expanding, find the expert advice you need to succeed.
Franchise Center
Franchise Funding: Preparing to Finance Your Franchise
So, you’ve identified the golden franchise opportunity that suits your skill set and needs. What’s next? Funding. Two significant expenses to consider are the initial franchise fee and ongoing royalties. The franchise fee is the nonrefundable, one-time price…
What Franchise Can I Afford?
When choosing a franchise to buy, budget is an obvious factor. With many first-time franchisees wondering where to start, the franchise attorneys at Soden & Steinberger, APLC can offer brief and helpful insight to allow you…
Franchising with a Business Partner
Franchising is a considerable endeavor that comes with its fair share of obstacles and rewards. The question is: Would you rather go it alone or with someone you trust? A business partnership is defined as…
7 Questions to Ask Yourself When Choosing a Franchise to Buy
You’ve decided you want to buy a franchise, consulted a franchise attorney, and confirmed you have the means to move forward. Now comes the fun part: deciding on a franchise. From retail stores and restaurants…
Franchising When You’re a Mom
Mother may as well be a job title. Think about it: moms are basically entrepreneurs. You manage the household, often including everything from finances to every family member’s schedule, not to mention, making sure everyone…
Low Cost Franchise Opportunities for Under $10,000
Are you an entrepreneur looking to start your own affordable franchise? Whether you are figuring out cost and time management or just starting your research when it comes to finding the right franchise opportunity, it…
Must-Attend Franchise Trade Shows and Conventions
Choosing a franchise opportunity is a hefty task to conquer. It requires a massive amount of in-depth research. While exploring franchise websites are a great place to start, it’s even better to meet with franchisors…
Choosing a Franchise Opportunity: Getting to Know Yourself
In the United States, there are nearly 800,000 franchise opportunities spanning more than 100 industries. There are so many choices, deciding which concept to buy into is sometimes overwhelming. Not to worry though; you’re off to a…
Choosing a Franchise Opportunity: What to Ask a Franchisor
Choosing a franchise opportunity is much like buying a new car; it’s a big investment that requires its fair share of research. Although a two-seater Porsche with all the upgrades is everything you’ve always dreamed,…
Do You Know Your Territory?
When purchasing a franchise, it’s important to evaluate, understand, and negotiate the assigned territory; this is the area within which your location is protected by the franchise agreement. If you’re not mindful of the territory…