How Do Franchises Handle Holidays?
Retailers have been getting some media heat for opening on Thanksgiving this year, but restaurants have been staying open on holidays for years. What’s the policy for the franchises you’re considering? Single people and couples may balk at going through the whole turkey and pie routine that large families go…
Minimum Wage Campaigns and Franchisees
The Wall Street Journal recently predicted that minimum wage campaigns would heat up during the holiday season, and that franchisees in particular would be affected. The president would like to see the national minimum wage increased, but states and cities are making legal changes on their own, and protesters are…
Who’s the Boss (of Your Franchise)?
The National Labor Relations Board declared earlier this year that a franchisor and franchisee could be considered “joint employers” and share the responsibility for treatment of workers, as well as the potential liability. Legal cases around the country have been bringing that issue to the attention of franchisors and franchisees…
Rich Habits for Franchisees
In his popular book, Rich Habits – The Daily Success Habits of Wealthy Individuals, Tom Corley tells how he spent five years studying hundreds of rich people and poor people, in search of the secret of financial success. It’s fair to say that franchisees and people planning to invest in…
Want to Be a Franchisee When You Grow Up?
You’re probably here at America’s Best Franchises because you’re interested in owning a franchise business. We have a phenomenal selection of franchises to explore, including new franchises and inexpensive franchises. With just a few clicks, you can get information about a broad range of franchise business investments in your price…
Can You Build a Franchise 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: Recruiting qualified workers often involves placing and paying for ads, maintaining “Careers” pages at a website, or actively networking…
Defining Success as a Franchisee
You’re planning to be a successful franchisee and to run a successful franchise. How will you know? Without a clear definition of success, you may not recognize it when you see it. Perhaps more importantly, how will you get from here to there? Without a clear definition of success, you…
How Franchises Use Habits
The Power of Habit, by Charles Duhigg, reports on recent research on habits in humans. It turns out that the basal ganglia, a primitive part of the brain, controls habitual behavior. Human beings following a habit are just like rats who’ve learned to get through a maze quickly and find…
Seasonal Stalking a Franchise
Halloween is past and the elections are over, so we’re just at the right time of the year to get some good information about how business is going… just by looking. When you consider a franchise, you always want to know how much franchisees are earning, how solid the business…
Can You Run a Franchise As An Absentee Owner?
Quite a few franchise businesses can be run either as an absentee or executive owner, or with a part-time commitment. So, if you currently have a full-time job, would it make sense to keep your day job and work your franchise on the side until it’s earning well enough to…