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Home / Archives for Franchise

Franchise

What Life as a Franchisee Will REALLY Be Like

Oct 2, 2019 By Bill Bradley

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 […]

Filed Under: Franchise Center Tagged With: Franchise

Loving the Product Doesn’t Necessarily Mean Loving the Business

Aug 5, 2019 By Bill Bradley

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 […]

Filed Under: Franchise Center Tagged With: Business Model, Franchise, Getting Started

What You Need to Know About Buying an Existing Franchise

Jul 1, 2019 By Bill Bradley

Purchasing an existing franchise is what’s known as a franchise resale. Many entrepreneurs are attracted to these types of sales because you can buy into the franchise for a lower price than if you were to start from scratch with the brand. Although it’s easy to get excited to inherit someone else’s good fortune, there’s […]

Filed Under: Franchise Center Tagged With: Buying a Business, Franchise

How to Choose a Franchise Consultant

Jun 24, 2019 By Bill Bradley

There are thousands of franchise systems to choose from. It’s a big decision that can easily become overwhelming. That’s why many people turn to franchise consultants, also known as franchise brokers, who act as the middleman between you and a number of hand-selected franchisors. Their job is to help you narrow down your choices to franchise […]

Filed Under: Franchise Center Tagged With: Consultants, Franchise, Getting Started

Why You Should Hire a Franchise Attorney

Jun 17, 2019 By Bill Bradley

You did it! You finally found the golden franchise opportunity perfect for you. But not so fast; before you make it official, there’s one crucial thing you have to do first. That’s protect yourself legally, and the only way to do that is to hire an experienced franchise attorney. Many prospective franchisees we’ve spoken to […]

Filed Under: Legal Tagged With: Franchise, Legal Issues

Franchise or Business Opportunity?

May 30, 2019 By FranchiseSolutions.com

As you do your initial research to own your own business you will discover that the majority of businesses fall into one of two business formats. A business opportunity or a franchise. Knowing the differences between these two formats before investing is very important. Businesses often cost less than a franchise but there are pros and cons […]

Filed Under: Franchise Center Tagged With: Business Opportunity, Franchise, Getting Started

Glossary of Franchise Terms

Feb 19, 2019 By Bill Bradley

Considering franchising as a business opportunity? Like most industries, franchising has its own language. Familiarizing yourself with the lingo before beginning your search for the perfect franchise can help ease the research process. Absentee Ownership: An absentee owner uses a manager-run model where they hire someone to manage day-to-day operations. This allows an absentee owner to […]

Filed Under: Franchise Center Tagged With: Franchise, Franchisee, Franchisor

What to Expect When You Purchase a Travel Agency Franchise

Feb 5, 2019 By Bill Bradley

For those looking for the magical sweet spot between “I wanna be my own boss” and “I want to travel more,” owning a travel agency franchise can be a perfect arrangement. It offers freedom in your employment, and freedom in your leisure. And, as an added bonus, the two will frequently overlap. That doesn’t mean […]

Filed Under: Franchise Center Tagged With: Franchise, Franchisee, Getting Started

The Ongoing Costs of Running a Franchise

Jan 3, 2019 By Rohan Magerman

If the thought of launching a business and becoming your own boss is something you’ve always entertained, it’s wise to have an idea of what it will cost to keep your operations afloat. As you read this you may think about overhead expenses—things like rent, utilities and insurance—however, if you’re considering becoming a franchise owner, […]

Filed Under: Franchise Center Tagged With: Costs, Fees, Franchise

Tips on Hiring Exceptional Staff

Dec 20, 2018 By Jania Bailey

While it may appear that the title of this week’s FranNet blog makes a lot of assumptions about your future, we say it never hurts to be prepared. When you take the entrepreneurial plunge, you will become your own boss. And depending on the type of franchise you buy, you may be responsible for a […]

Filed Under: Franchise Center Tagged With: Franchise, Hiring

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Small Biz Gems

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Run & Grow

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5 Benefits to Using Freelancers for Your Small Business

Jul 1, 2022 By Lending Tree

Want To Deliver Better Customer Service? Follow These Tips

Jun 29, 2022 By Jeremy Bowler

5 Employee Training Programs That Will Change Your Mindset

Jun 28, 2022 By Efrat Vulfsons

4 Tips to Find the Right Outsourcing Partner and Avoid Pitfalls

Jun 27, 2022 By Jeremy Bowler

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