Monthly Archives: May 2016

How to Finance Your Franchise

Congratulations! You’ve given it tremendous thought and made the life-changing decision to buy a franchise. You’re excited, but now you need to figure out how you’re going to pay the franchise fees and initial start-up costs.

Although you might have some idea in mind for how you’ll cover the expenses, you might still be wondering how to finance your franchise. Financing a franchise isn’t uncommon. Here are some of the most popular ways franchise owners pay to start their new business.

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10 Questions to Ask the Franchisor Before Signing on the Dotted Line

Buying a franchise is a major investment financially, emotionally and physically. There is a lot that goes into making your new business a success. By defining expectations up front, you can ease the transition into franchise ownership. To do this, you need some answers.

Here are the top 10 questions to ask the franchisor before you buy your next franchise.

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5 Common Employee Concerns (and How to Fix Them)

When an employee isn’t happy at work, everyone is affected. Customers notice. Other team members pick up on the negativity. Ultimately, having an unhappy employee could lead to increased conflict and turnover – something every franchise owner tries to avoid.

Here are five of the top employee concerns and how to fix them so they don’t hurt your franchise.

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What Industry Should You Start a Franchise In?

When you’re ready to start a franchise, what do you look at first? The most affordable franchises available? The amount of competition in your area?

Although these are important factors to consider, there’s one factor you should look at before anything else. Which industry is right for you to start a franchise in?

Here are a few questions to help you narrow your search.

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