Posts Tagged ‘Franchise’
Seasonal Franchises: A Good Thing?
We’ve seen toy stores that made 90% of the year’s revenue in the run-up to Christmas, wedding services that were busy all summer and scraped along through the winter, and tax services that didn’t even stay open outside of tax season.
Read More Recent Trends in Franchising
We’re going to take a look at three of the hottest trending topics in the industry: Semi-absentee retail concepts, Low cost franchises and the Dads and Grads (or Moms and Proms) trend.
Read More Who Has the Power in the Franchise Relationship?
So many relationships start off well. Each party in the relationship thinks about the other and tries to please. Minor differences are overlooked and the focus is on happy times and the great things about the relationship.
Read More Intent Marketing for Franchises
What if you said, “I could use a cup of coffee!” and someone immediately brought you a cup? That’s pretty much what one licensed franchisor of Dunkin’ Donuts locations in Arizona did.
Read More Choosing a Franchise: Quality Control
McDonald’s is the quintessential franchise example for many reasons, but one of the most important has to be the concept of standardization. Travelers could be sure of what they were getting at McDonald’s, so the sight of the Golden Arches during a long road trip could be a relief.
Read More Franchise Words: Advertising Fee
The advertising fee pays for the ad campaigns and advertising to promote the franchise. One of the most important times for a system’s advertising efforts is during the grand opening of the franchise.
Read More Why Buy a Franchise Instead of Starting Something Yourself?
If you are reading this, you are thinking of jumping off the treadmill and going it alone. Congratulations! For me, starting a business was the best career decision I ever made. The second best career decision was buying a franchise. Is a franchise right for you, though? That depends.
Read More How to Franchise a Business
If you have a successful business and have determined that it is “franchise-able,” meaning you have evaluated its potential and found that it can in fact be duplicated well and offer beneficial returns as a franchise, these are the next steps to take.
Read More Franchises and Business Opportunities
We’re all familiar with comparing the similarities and differences between two things, but unless you’re a business aficionado you may not be familiar with franchises versus business opportunities.
Read More How Much Money Can You Make as a Franchisee?
When investigating a franchise opportunity, one of the most difficult pieces of information to get from the franchisor is how much money you might make. This may be frustrating because you are not going to invest in a business until you have a good idea of what you can earn.
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