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
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 […]
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 […]
Mompreneurs: Franchising and Child Rearing Can Coexist
Often, work-life balance is treated as a myth. But it’s possible. Franchising is one way a supermom can also be the boss. One of the biggest perks of becoming a franchisee is the freedom. Many franchisees set their own hours, work from home or have their kids work in the business. Franchisees can set their […]
Start a Business While Keeping Your Job?
Enjoying the freedom of owning your own business has become the new American Dream. That feeling you get every morning when you wake up and realize you don’t have to report to a boss, because you are the boss, is second to none. But before you get to realize that dream, you need to go […]
To Partner or Not to Partner?
There’s safety in numbers. Right? Choosing to franchise with a business partner can seem like a safe choice. There’s someone to contribute to the franchise investment, someone to share operational responsibilities with plus an extra perspective and skillset. Business partners can make franchising less risky but they can also add a layer of interpersonal drama. Sticky Situations […]
What Life as a Franchisee Will REALLY Be Like
Being a franchisee will look a little different depending on the franchise, your number of units and your level of operational involvement. But there are some similarities for most franchisees who invest in brick-and-mortar business models. Being a franchisee means being a business owner. The autonomy provided by the franchisee lifestyle also requires hard work. Before the […]
Loving the Product Doesn’t Necessarily Mean Loving the Business
One way to approach your franchise search is to focus on the businesses that you personally enjoy. Maybe it’s the pizza you can’t get enough of or the gym that keeps you motivated. You can easily whittle down your list of potential franchises by paying attention to your own buying habits. But thinking like a […]
