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
Steps to Franchise a Business
Today’s Tip is on how to franchise a business. If you have a successful business and have determined that it is “franchise-able” Franchise Solutions has the next steps to take. By “franchise-able” we mean you have evaluated…
The Rise of Multi-Unit Franchise Ownership
The franchise industry is seeing rapid growth in multi-unit franchising, and it’s a trend that won’t be going anywhere any time soon. The biggest reason for this is multi-unit franchising provides an opportunity for tremendous (and stable)…
Interviewing Franchisees
Buying a franchise is a big, life-changing decision and is cause for proper research. After all, you’re not just investing your money; you’re investing your time, talent and skills. You might also be investing your…
Franchising 101: What is an Area Developer?
As more and more franchises move toward multi-unit growth, area developer franchisees are also becoming more popular. If you’re looking for multi-unit franchise opportunities, you might consider area development. Here’s How It Works Area developers…
Tips When Looking for a Good Franchise
I’ve been asked “How to spot a good franchise” 100’s of times in my 20 years in franchising. The answer has never changed in my mind… it depends… Check the Financial Performance You can certainly determine…
Franchising 101: What is a Master Franchisee?
If you’re a more skilled and seasoned business executive with big dreams, area development might be for you. Multi-unit franchisees are also considered area developers; the franchisor requires the area developer to open a certain…
Buying a Franchise: 3 Benefits of Ownership
More than 30 percent of small businesses fail within the first five years of being open. This is largely due to the fact that start-up business owners have to figure out how to effectively run their business…
Benefits of Home-Based Franchises: Rise of the Solopreneur
There’s no longer a stigma against those who work from home. In fact, 43 percent of the United States workforce works remotely, while nearly 50 percent of small businesses are home-based and generate more than $400 billion per year. Forbes says…
6 Mistakes to Avoid as a First-Time Franchisee
You finally found the golden franchise opportunity right for you. It’s exhilarating, especially since you spent so much time looking for the perfect fit. There’s so much to look forward to. But be forewarned not…
Legalese in Leases: 10 Terms You Need to Know as a Franchisee
If you are purchasing a brick-and-mortar franchise for the first time and have never laid eyes on a commercial lease, the combination of the terminology, fine print and sheer magnitude of the commitment can be…
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