Franchise Opportunities for Veterans
Franchising can be the best solution for veterans. Unemployment levels are higher among recent combat veterans than among the population as a whole — 10%, according to recent government figures. In some cases, analysts say, these vets are taking a well-deserved break before getting back into the civilian work…
Franchise Success: Who’s Responsible?
As you research franchise business opportunities, you have some specific questions in mind. Some may be unique to you, but nearly everyone wonders, “Will I succeed? Will I make money? How much will I make?” Success and security are on your mind because you’re making an investment. You’re choosing…
Why Do You Want to Buy a Franchise?
Why do you want to buy a franchise? What are your goals? A surprising number of people don’t have a particular goal. They want to “try it out” or they’ve always dreamed of owning a business or they want to be their own boss. But a new book, Secrets of…
Union Steps Up Franchise Efforts
The Service Employees International Union has been agitating for increased wages for service workers, with a focus on fast food workers. Since so many fast food restaurants are franchises, the SEIU has been engaged with franchise businesses along the way. McDonald’s has been their primary target, though 14 different franchises…
How Will Franchising Affect Your Family?
When you’re getting ready to make your franchise business investment, it makes sense to think about how your life will change once you’re a franchisee. But you may also want to think about how your family’s lives will change. Because they will. Changes aren’t necessarily a bad thing, but even…
Be Confident of Your Franchise Investment
If you watch the law blogs, you’ll see that giant companies like Google, Walmart, and Apple spend a lot of time in court. It should come as no surprise that large franchise corporations also spend a lot of time in court, often being sued by their own franchisees. But a…
Seasonal Franchises – A Good Thing?
We’ve seen toy stores that made 90% of the year’s revenue in the run-up to Christmas, wedding services that were busy all summer and scraped along through the winter, and tax services that didn’t even stay open outside of tax season. If you want a full-time income throughout the year,…
Watch Out For The “7 Wastes” – Keep It Lean
Lean manufacturing has been transformational first for factories and then for all kinds of organizations, not only in Japan where the system began, but around the world. The franchise system you will learn when you invest in a franchise is probably already intrinsically lean, since your franchisor has been watching…
Get the Most from Franchise Training
One of the benefits you get in exchange for your franchise business investment is training. This is a very valuable part of the package. The Small Business Administration lists lack of knowledge and experience as a top cause of business failure. Sometimes this is because the business owner is…