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
Millennial Entrepreneurship Made Easy
Older generations like the baby boomers quickly dismiss the millennial class as lazy, narcissistic and entitled. But millennials like yourself don’t often get the credit they deserve. Not only are you part of the largest…
What Law Should Apply to Your FDD?
When compiling the Franchise Disclosure Document (FDD), franchisors must consider closely the laws that shall apply to the franchise agreement. You want to be honest and transparent with prospective franchisees in the agreement, yet mindful…
The Future of Franchising is Female
The numbers say it all: Women are thriving in the franchise industry. An American Express report shows women-owned businesses are growing 2.5 times faster than the national average. And the International Franchise Association (IFA) found women operate 25…
3 Key Franchisee Considerations Before Signing a Multi-Unit Agreement
Signing a multi-unit agreement to buy several franchise territories can unlock fantastic savings on franchise fees and exponentially increase the opportunity for return on your investment. For example, if you agree to open up three…
Materiality and FDD Amendments: What Every Franchisor Needs to Know
Business is a world in flux. With circumstances, processes, and dynamics constantly changing, franchisors need to be mindful of material changes and meticulous in amending their Franchise Disclosure Document (FDD) as required by the Federal…
5 Major Mistakes to Avoid Sinking Your Franchise Before You Even Open for Business
If you are thinking about buying a franchise, the decisions you make now could have significant consequences for the success or failure of your business down the road. From choosing the best franchise opportunity for…
The Best Franchise Opportunities for Veterans
You devoted several years of your life to serving your country. Now, you’re transitioning back to civilian life wondering where your next “mission” will take your career. Many military veterans consider entrepreneurial endeavors like small…
How to Run a Productive Discovery Day
The term “Discovery Day” can be a bit misleading. While there is certainly an element of discovery in a prospective franchisee visiting your company and meeting stakeholders for the first time, Discovery Day is meant…
6 Discussions That Should Take Place Before Discovery Day
Think you’ve found a qualified and serious franchisee? Fantastic. The next step is to host a Discovery Day, where you will give this person an inside glimpse at running a franchise of your company and,…
Top 5 Business Opportunities Entrepreneurs Should Not Overlook
Business opportunities, such as distributorships and license agreements, are increasingly becoming an alternative to franchising for future business owners. Franchising is a fantastic option for those seeking to own their own business by way of…
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