Roadmap To Franchise Success

Franchise Ownership Guidance

Oct

31

2014

The One Question You Must Ask a Franchisor

There are plenty of questions you should ask before you decide on a franchise business. But there’s one that would-be franchisees often fail to ask — and yet it can be one of the most informative. Here it is: “Why did these franchises close?” You’ll have plenty of opportunity to…

Oct

29

2014

Franchise Agreement Clauses to Watch Out For

Contracts are important. They protect you and the franchisor in whose business opportunity you invest, and they let you know exactly what you’re in for… if you read them. In fact, not only should you read the contract you sign for your franchise business, but you should also consider having…

Oct

28

2014

Franchise Business vs. A Job

Working for yourself has some significant advantages: business owners tend to earn more, enjoy their jobs more, and One of the things that keeps people from taking the plunge into business ownership is a fear of insecurity. If you work for someone else, they figure, you just go to work…

Oct

22

2014

Health Care Franchise Opportunities

Healthcare in America is changing: As the Baby Boomers age, they need more care, and they often choose to have health care at home. Home health care for seniors is currently one of the highest-profit franchise areas. As insurance coverage changes, more people have access to health care — while…

Oct

21

2014

Investing in an Existing Franchise

In a sense, all franchise business opportunities are existing businesses. No one is going to believe you if you say that you’re opening a Little Caesar’s or 7 Eleven start-up; the whole point of a franchise is that the business is already successful. But there is a difference between starting…

Oct

17

2014

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. And that’s a good thing…

Oct

13

2014

Franchise Business Uniforms

When you invest in a franchise business, you’re paying for — among other things — the name and brand recognition the franchise has built up over time. In some cases that includes uniforms. The examples that leap to mind may be restaurant uniforms, but many franchises require uniforms for drivers,…

Oct

10

2014

How Much Do Franchisees Make?

How much can a franchisee make, on average? It depends who you ask. Last year around this time, Entrepreneur Magazine undertook a special study on the income franchisees make. While they came up with some averages — over $80,000 in profits for restaurants, for example — they also focused on…

Oct

08

2014

Franchise Faux Pas

Yum Brands, the parent company of KFC, Taco Bell, and Pizza Hut,  recently opened a new kind of fast food restaurant, a place selling the delicious Vietnamese sandwich known as “bahn mi.” They opened their first location in Dallas, Texas, a town with many Southeast Asian Americans, and the locals…

Oct

06

2014

Organize Your Franchise Search

You’ve decided to go into business for yourself, and you’ve decided that franchising is the way to go. Choosing a company that has a proven business model and a winning system in place will give you that fast start you’re looking for, and you like the idea of the support…

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