Franchisor
Developing a Franchise?When you develop a franchise system and sell franchises, you enter an interdependent...
Franchisee
Purchasing a Franchise?When you purchase a franchise, you may be in your own business but you are also in...
Best Practices
Cleaning And Maintenance Franchise OpportunitiesOne of the most appealing aspects of the cleaning and maintenance business is that it’s perfect for entrepreneurs who are interested in working from their home. In addition, few barriers to entry exist when starting a cleaning and maintenance business. The dollar investment is relatively modest and anyone who’s spent time cleaning and maintaining... [Read More]
Choosing a Franchise: Part 2
In Part 1 of Choosing a Franchise we discussed the importance of market demand, competition and brand recognition. Part 2 will focus on growth, franchisor credentials and support and the importance of self evaluation. Growth When evaluating the purchase of a particular franchise the franchisor’s rate of growth can be a two-edged sword. On the one... [Read More]
Choosing a Franchise: Part 1
You’ve done your research and determined that purchasing a franchise is definitely in your future. Now it’s time to start thinking critically about which of the more than 2,500 franchise companies operating in more than 100 different business sectors is the one that best suits your goals, budget and lifestyle requirements. While there are a great... [Read More]
Can You Live With These Franchise Restrictions?
The greatest advantage in buying a franchise is that you’re buying a proven method of operation. To ensure your success, the best franchisors insist that you follow their business plan and operating methods to a “T” because doing so benefits you both. However, some franchisors place additional restrictions upon their franchisees which may limit... [Read More]
Bright Future Ahead for Business Service Franchises
While many of America’s most visible franchises provide quality products and services to individual consumers there’s plenty of opportunity, and a great deal of money to be made, in business-to-business franchises. One of the most popular and fast-growing areas serving the business-to-business sector is the business services franchise. Business... [Read More]
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