Posts Tagged ‘Franchise Business’
Innovative Internet Franchises
In the ever-changing environment of the internet, an online franchisor will only stay ahead of the competition if they are continually improving and innovating.
Read More Financial Lessons for Franchisees from Quiznos
Information on the financial health of a franchisor can be tricky to obtain, depending on the company. If they are publically traded, you can check into financial health records such as financial statements.
Read More A Family Business? Every Business Should Be
While plenty of empirical evidence can be found to delineate both advantages and disadvantages to working with family, we’re here today to focus on the key benefits of obtaining that all important “buy-in” from your significant other.
Read More Pick the Entrepreneur Lifestyle Alternative for You
You are an aspiring entrepreneur, eager to dump the corporate grind, and work to the beat of your own drummer, but you can’t come up with that killer idea to save the world. What are the alternatives that will give you the independence you crave, and challenge your business acumen?
Read More Big Changes in Franchise Marketing
When comparing franchise brands, look at who plays a role in the marketing of the franchise and where franchisee fit into it. See whether the company is responding to changes in consumer behavior and preferences, or sticking with tried and true even when it’s no longer working. You might discover something very important to your decisions.
Read More Turnkey Franchises
You’ll see the word “turnkey” on a lot of franchise business opportunity materials, in phrases like “turnkey franchises” to “turnkey marketing.” Not all franchisors mean the same thing by this word, though.
Read More Lessons from the Golden Krust Caribbean Bakery
Jamaican-born Lowell Hawthorne’s recipe for entrepreneurial success has been to offer West Indian natives living in the U.S. a taste of home.
Read More Franchise Royalty Payments: Betting On Your Business in the Long Run
When you make your scheduled regular royalty payment to your franchisor, you are—in fact—guaranteeing a brighter future for the brand as a whole, and your business individually.
Read More How to Handle Franchise Accounts
The ability to understand franchise accounts is arguably the most important skill that a franchisee can possess. While some franchisors will offer to take over this responsibility, franchisees need to have a comprehensive knowledge of franchise accounting practices for their own protection and control.
Read More Attracting Investors for Your Start Up Business
Sometimes it is better to use an investing partner than a bank to get the capital needed for a business. While many people think that franchising requires bank loans, there are other alternatives for financing your franchise, including investors.
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