Are you exploring the possibility of a franchise investment? It’s understandable why. Many entrepreneurs consider a franchise business because they’re provided with a model that can effectively help them start and operate their businesses. However, the franchise model itself is not a guarantee of success. Rather, it’s just one piece of a larger system that …
Franchise Trends
The state of the franchising industry? Strong as ever. Like the stock market, the franchise industry goes through equivocations, usually tracking against shifts in the economy. But over the long haul, franchise businesses, just like the stock market, have proven to be among the soundest investments. Even in the most challenging economic climates, such as …
Franchise Ownership Myths
International Trade Administration (ITA), had published 2016 Franchising report. As per the report, Franchise businesses continue to grow faster than the rest of the U.S. economy. The Franchise Business Economic Outlook: 2015 report released in January 2016 notes that franchising will outperform the U.S. economy for the sixth consecutive year in terms of overall growth. …
What should I ask Franchisor?
Franchise ownership begins with introduction call with franchisors. Typically, the franchisor will present their brand’s positioning within the industry, explain the core part of the business and obviously show why their brand is better compared to all other franchisee’s in the world. It is critical, to ask questions but does not know what to ask …