If you’ve gotten to the point of exploring franchising your business, let’s take a moment and celebrate your success. You’ve worked hard to develop your company, spending long nights and weekends toiling to build something successful. That accomplishment speaks volumes to your drive and resilience in the world of business. Congratulations! But is it time […]
Franchising
Multi-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.
The Licensing Downfalls for a Business Model
When it comes to choosing between licensing and franchising, proceed with caution. Licensing works better for products or intellectual property. A perfect example is software.
The Best Franchises to Invest in Right Now
The core appeal of franchising, most would-be franchisees would agree, is that it remains a proven and substantive business formula for the distribution of products and services.
Franchisees Gain Advantages of Self-Employment
We know that franchise businesses are important in the U.S. as employers—about one third of all the revenue in the U.S. flows through franchises and one in 16 American workers is employed at a franchise. But ownership is not the same as employment.
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.
How to Ensure a Good Fit for You in a Franchise
While inquiring about how to ensure a good fit for each candidate might seem like an obvious FranNet consideration, there is a clear cut reason why some franchisees fail to achieve real success in the world of entrepreneurship.
Hottest Trends in Franchising
What are the hottest trends in franchising? Think of franchising as a funnel, and let’s look at the trends with the broadest application first and move down toward the narrowest trends.
Franchising Boosts Non-Profit Cash Crunch
Non-profits are looking to diversify their holdings, income levels and opportunities to offer assistance to those they already serve for the same reason—franchises can be a profitable and worthwhile addition to any business investment portfolio.
Why Your Next Business Venture Should Be a Franchise
There are drawbacks and negatives and the level of risk is still in existence, however if the franchisee and franchisor fit in terms of financial goals, style and values it can be a fantastic partnership.
