Franchisees and the New Menu Rule
New national menu rules went into effect in December, so fast food and fast casual franchises have had a couple of months to figure out the new rules and how to apply them. That doesn’t mean everything is settled. Congress now requires restaurants and places serving “restaurant type” food to…
What Can You Learn about a Franchise from Its Reviews?
We’ve recommended before that you search for reviews, and especially negative reviews, when you’re evaluating a franchise. Sites where people review franchise business opportunities are often just gripe-fests, but seeing the kinds of complaints people make can be enlightening. If there are plenty of complaints about how the franchisor didn’t…
Accidental Franchises?
Any franchise you find listed here at America’s Best Franchises — and don’t miss the New Franchises page to see the latest listings — is a franchise opportunity available for investment. But there is something you might not have heard of before: an accidental franchise. The American Bar Association lists…
Franchising Rules!
You might have read that title as an exclamation – an elated cry of, “Franchising rules!” – summing up all of your feelings towards the franchise business model. There is no doubt that owning a franchise can be a great thing, but the goal of this article is to make…
10 Reasons to Invest in a Franchise Business
Whether you’ve cashed out from an investment and you’re looking for your next win or you’re starting out in life and you want to make your backer proud, franchise businesses are great options for investors. Here are 10 reasons you might choose a franchise business: Franchise businesses are proven moneymakers….
Automated Franchise Business: Should You Choose it?
Automated franchises are on the rise — in franchise businesses as well as in other industries. Health and wellness franchises like Anytime Fitness and Planet Beach Spa let customers access automatic exercise and spa treatments without having to wait for human workers. Ordering kiosks are showing up in fast food…
What the Super Bowl Tells You about Franchisors
The Super Bowl may be an American institution, but it’s also a prime marketing opportunity. Halftime shows feature superstars and the ads not only cost as much as an indie flick, but they also get the kind of social media traction the average indie flick can only dream of. Some…
Is It a Franchise or a Lease?
2014 was an exciting year for franchises from a legal point of view, filled with high-profile cases that hit the headlines. Fortune magazine recently quoted a lawyer who suggested that much of the legal drama turns on one particular issue: the term of the contract. Franchising is a contractual relationship…
Franchise Forecast for 2015
Franchise businesses are expected to drive much of the job creation for 2015. The International Franchise Association announced this week that it expects to see 247,000 more jobs in franchise businesses in 2015, an increase of 2.9 percent. This is just slightly more than 2014’s 2.8 percent job growth. 2014…
Why Would a Franchise Sue a Franchisee?
In a high profile move, global fast food chain Wendy’s is suing one of its largest franchisees. At issue is the franchisee’s refusal to make changes required by the franchisor: A uniform point of sale (POS) system was chosen by Wendy’s in 2012, and all franchisees were required to switch…