Cleaning And Maintenance Franchise Opportunities

One 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 their [...]

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 [...]

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 [...]

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 or [...]

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 services franchises provide other businesses with [...]

Avoid Becoming an Accidental Franchise

One of the most serious mistakes you can make as a business owner is to enter into a licensing or distribution agreement which, in reality, has all the characteristics of a franchise but has not been legally structured or acknowledged as such. Fortunately, it is relatively simple to avoid making this mistake since the franchising [...]

Are the “Cons” of Franchising Really Cons? – Part II

In Part I of this blog I discussed franchise fees, franchise royalty payments, franchise operating rules and the required purchasing of franchise products and supplies as commonly referred to “negatives” of the franchising system. In this section, I will discuss the perceived negatives of required use of intellectual property, franchise sales conditions and mandatory franchise [...]

Are the “Cons” of Franchising Really Cons? – Part I

Critics of franchising are often quick to point to what they perceive to be the cons of franchising without considering these alleged negatives in context. In an effort to paint a realistic picture of franchising, I’d like to look at each of these supposed “cons” one by one and attempt to provide a reasoned perspective [...]

12 Reasons To Use A Franchise Consultant

Potential business owners with an interest in purchasing and running a franchise often ask me what the benefits are of using a franchise consultant. Since franchising is largely uncharted waters for most potential franchisees, I’m quick to recommend the services of experienced franchise consultants. Here are my reasons why. 1. An experienced franchise consultant can [...]

The Advantages of Owning a Handyman Franchise

In today’s difficult economy people are spending more and more time in their homes. This increase in “nesting” and home-based activities has been accompanied by a steady desire for home maintenance and improvement. While there are many “do-it-yourselfers,” lack of time, knowledge and the proper tools result in a significant portion of homeowners seeking reasonably [...]

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