Choosing a Franchise Business: Home Based or Not?
The scene is a corporate office, and the character says, “The guy works from home.” The scene quickly shifts — you know you’re about to see the man working from home, but what exactly are you expecting to see? It could be a powerful yet laid back hero on his…
Just One Franchise: Express Oil Change & Service Center
America’s car-buying habits have changed. Fewer drivers trade in their cars every couple of years, and more drivers are keeping their cars longer. At the same time, fewer kids spend their Saturdays working on the family car with Dad — today’s car owners are less likely to be able to…
Just One Franchise: Liquid Capital Financing
Banking as an industry is going through some changes. More people are “unbanked” or prefer alternatives to traditional banks, and alternative financial services are flourishing. Organizations from Walmart to the Post Office are stepping in to provide financial services, and Liquid Capital offers franchisees an opportunity to get in on…
Franchise Laws Overseas Change– Should U.S. Follow Suit?
Franchise business arrangements are covered by laws in every country. Several nations, including Australia and the U.K., have recently updated theirs. Should the U.S. do the same? Franchises are governed in the U.S. primarily by the U.S. Federal Trade Commission (FTC). The definition of a franchise includes three elements:…
KPIS for Franchisees
Before you invest in a franchise, you do plenty of research, looking at the financial health and performance of the corporation and of individual franchises. How will you measure the health and performance of your own franchise business? Some franchises provide more help with this question than others. HuHot, for…
Just One Franchise: Sew Fun Studios
Take a renewed interest in making things, post-recession thrift, and the rise of individual style and you’ve got a perfect recipe for a DIY trend. Home sewing is turning up at Pinterest, on blogs, at YouTube, and now in a new franchise business opportunity called Sew Fun. Sew Fun…
Why Are Franchisees Suing Franchisors?
Lots of reasons, actually. Every day, it seems, there’s a new lawsuit against a franchisor… and as often as not it’s the franchisees bringing the complaint. If you’re considering investing in a franchise business opportunity, you have to be wondering: Should I avoid franchises that have been sued? Are these…
Becoming a Franchise Business Owner: Sharing Information
Is your life an open book? In some ways, it has to be when you decide to become a franchisee. Franchisors share quite a bit of their financial data with you during discovery and in the official disclosure document. They also expect you to share financial information with them. That…
Focus on Just One Franchise: Maid Right
Cleaning franchises are a growth industry as people work longer hours and are more willing to pay for personal services. As Baby Boomers get older, they’re ready to give up some of the hard work they grew up with, and many young professionals have never cleaned their own homes.The fastest-growing…
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. How can you make sure to learn what you need to know about franchise business opportunities you’re considering? Look into the company…