Posts Tagged ‘Franchisee’
How Big is Franchising Anyway?
The number of franchise establishments in the United States has grown to 781,794 – the highest it has ever been. Along with the steady growth, the International Franchising Association (IFA) projects the industry to continue its impressive expansion for a fifth consecutive year. When talking about the franchise industry, some may debate the many benefits of such…
Read MoreMulti-Unit Franchising is Very Popular
Multi-unit franchising—that is, investing in more than one franchise location at the same time—is becoming a popular approach to franchising, with franchisees and with franchisors.
Read More Franchise Business and Risk
Choosing a franchise involves putting in money as well as time, while being hired does not. This adds an extra layer of risk for franchisees. On the other hand, franchisees also have an extra layer of control.
Read More Interview 6-8 Franchisees During the Due Diligence Process
Interviewing people who have purchased the system before you is really the mid-way point of the due diligence process when buying a franchise and, is one of the most important parts of the process.
Read More Can You Build a Franchise Business without Employees?
Employees are high on most lists of business owners’ concerns, whether they own a franchise business or some other kind of company. Look at all the issues that come with employees:
Read More Understanding Franchise Royalty Fees
A franchise business opportunity will always involve upfront costs. Some will go to the franchisor and some will simply be the costs of opening a business—rent, wages, inventory, supplies, utilities, and so forth.
Read More 3 Keys to Franchise Success
Some franchises are ideal for part-time work while caring for family or keeping a day job. Others need a full-time commitment, even before you open the doors. Franchises vary in the amount of work and effort they require, but starting a business is always challenging and time-consuming.
Read More Researching Franchise Opportunities
A recent survey of franchisees found that many of them were surprised by their experiences. On reflection, they said, they realized that they should have asked more questions.
Read More What Does Seattle’s Minimum Wage Mean to Franchising?
FranNet stands in support of all small business owners, and does not want to see franchisees unfairly singled out as “major corporations” – which they are not. We hope you’ll stand in support as well.
Read More Franchisee Troubles
No one goes into a business deal expecting troubles, but troubles can come up. Make sure you fully understand the situation before you sign the contract.
Read More