The Importance of Company Culture in Your Franchise
What kind of business do you want to run? One where employees clock in and out and fill the hours in between with minimal effort? Or a space that your staff considers their second home, where customers always marvel at how much fun everyone is having? Defining company culture puts the…
Calling Franchise Headquarters: How to Make Your Voice Heard
If you’ve been running your franchise for a while, you probably have an idea or two about how the franchise as a whole could make improvements. Maybe you’ve found a shortcut to preparing a signature dish without dropping its quality. Or you have some thoughts about how you could better…
As a Franchise Owner, Should You Manage Your Business?
Entrepreneurs tend to try to do it all, from serving customers to ordering inventory and managing employees. But as a franchisee, is that in your best interest? Or are you better off hiring a manager to assist with some of the day-to-day activities? The answer? It depends on what kind…
5 Signs You’re Meant to Be a Franchise Owner
You’ve got the passion and drive it takes to run your own business, and you’re considering buying a franchise as a feasible option. It’s important to note that running a franchise is a bit different from running an independent business. Both have their own benefits and drawbacks. But if the…
Women in Franchising: An Up and Coming Demographic
While the balance is still skewed in favor of men owning franchises, women franchise owners are on the rise. Research shows that women own between 20 and 25% of existing franchises, and 24.4% of franchises are co-owned by both males and females. So why the rise in women in franchising?…
What to Pay Attention to in the Franchise Disclosure Document
When buying a franchise, the franchise disclosure document is one of the most important elements of the process, so it’s important to know what to expect and what to look for. What It Is The Federal Trade Commission requires all franchisors to provide this document and include 23 specific elements…
How to Know Which Local Events to Sponsor With a Franchise
When you open your franchise, and possibly even before your doors are open, you will undoubtedly be approached by organizations in your community about sponsorships. School clubs need someone to sponsor their programs. The local rotary club might ask you to sponsor a golf tournament. Non-profits in the area might…
5 of the Best Low Cost Franchises You Can Start for $25,000 or Less
It’s a common misconception that buying a franchise costs a fortune. Many people with dreams of business ownership can get started without having to pay an extraordinary price tag. If you’re looking for an affordable way to get started, here are 11 of the best low cost franchises available. (more…)