Are Mandatory Marketing Fees Important to Your Decision?
A lot of franchise opportunities include a mandatory marketing requirement of some kind. Sometimes this means mandatory contributions to a marketing fund administered by the franchisor, either of a fixed amount of money or of a percentage of the gross revenues of the business. The franchisee may have no control…
Some Franchise Businesses Have Trusted Names: So What?
One of the things you buy when you buy a franchise business is a trusted name. True Value, a hardware chain owned by its 3,000 owner-operators (for this reason, True Value describes itself as a co-op rather than a franchise, but the process is essentially the same) is the third…
Close Your Eyes and Visualize Your Perfect Workday
How do I know if buying a particular franchise is going to make me happy? I know I want to affiliate myself with a franchise that is profitable. I know the franchise I choose should offer a service or a product that people really want to buy. I know I…
Incorporate Your New Franchise Business
If your thinking about buying a franchise, you, undoubtedly, have a lot on your mind – and incorporation should be one of those things. When you incorporate your new company, the business will become a legal entity and have its own identity. Just as though the business were a different…
Is Multi-Unit Franchising A Viable Option For You?
You may be thinking about opening two franchise business locations at once, or you might be looking to expand from a first successful location to a second. There are some things to think about, either way. You need to make sure that the locations are far enough apart that they…
Franchises for Veterans
VetFran, the International Franchise Association’s Veterans Transition Franchise Initiative, means a lot of new doors are open for veterans returning after years of service to our country. The franchise community couldn’t be happier to welcome our nation’s heroes and help them achieve dreams of owning their own businesses. Veterans make…
14 Questions to Ask Franchisees Before You Buy a Franchise
Are you considering a franchise business opportunity? Don’t miss one of the best resources available to you: other franchisees of the franchise you’re considering. They’ve been through the process, know the ins and outs of running their franchise, and can tell you all kinds of information from the point of…
It’s All About the Franchise System
One of the big advantages of a franchise business opportunity is that it will come with an operating system that works. Systems are the backbone of any successful business. Think about it – imagine that you decide to create your own special T-shirts and sell them in your own store….
Wellness Franchises: Gyms
The gym franchise opportunity you’re considering is more than just a business to the customers. A gym can be a source of hope, a solution for stress, even a community and support system. The importance of the gym in your customers’ lives is certainly one of the advantages to this…
Millennials Should Consider Franchise Businesses
BY BILL BRADLEY, Founder/CEO, America’s Best Franchises February 7, 2013 About 14% of Americans own their own businesses – but more than half want to. About 61% of all Americans would like to be their own bosses, or have at least thought about starting a business. That’s Americans from age…