Want to Franchise? Here’s What You Need to Know!

Everybody starts somewhere. Some of the world’s most beloved brands and franchises started as small companies run by just one or two people. Even McDonald’s was once just a single burger joint thought up by someone who thought it would be a good idea to provide cheap, convenient hamburgers to the public. What does this…Read more

Finding Your Franchise It Factor

What is needed to transition an existing business to a successful franchise? It is more than just a single thing. To be a successful franchise, you need a program that is well-rounded and well-suited to franchising. You need that franchising “it factor.” What factors add up to a great franchise? Start by researching your market….Read more

Research: An Important Part of Franchising in Success

One of the first and most important things you need to do when considering franchising is to research the process. Franchises are part of a unique market and in order to find success, you must have a detailed understanding of how it works. In addition to just deciding if it is right for you, you…Read more

Making a Franchise Work

As much as the rewards of owning and operating a franchise are emotional, the bottom line is the franchise must be financially solvent to work.  It might be appealing to think you are investing in something for the greater good or to feed an emotional need, but for those loftier goals to occur, the business…Read more

Franchising My Business Seems Right for Me – What Next?

You have made the decision that franchising seems like the next best step. There are definitely challenges, but it can be an exciting step in the growth of your business. Properly preparing and receiving appropriate counseling can make all the difference when it comes to successfully franchising. What are the best steps you can take…Read more

Five Things You Need to Consider before Franchising a Business

As you already know, if you are considering franchising your existing business, there is a great deal to think about before moving forward with your plans. What are five of the most important considerations? Consistent Business Model In order for a franchise to work there needs to be a consistently profitable business model. Your sole…Read more

How Much Will Franchising Your Business Cost?

Franchising is a great way to grow an existing business, but you need to first understand what it will cost before moving forward. Keep in mind every business will face different costs, which is why there is so much to consider when making your initial decision. In order to make the best decision for you…Read more

Five Essential Steps Toward New Franchise Development

Each year, smart and ambitious business owners across the country consider franchising. They want to scale their businesses. They want to grow. They want more financial freedom. Unfortunately, many never get beyond daydreaming about franchise development. Maybe they think they don’t have the time, resources, or energy. Maybe they are afraid of failure. Maybe they…Read more

Is Your Business Fit for Franchising? Five Questions to Ask a Franchise Consultant

If your privately owned business is experiencing steady growth, you might be considering the idea of franchising it. Many entrepreneurs dream of establishing a small, locally owned business and fostering it into one of the biggest companies in the country. All companies started out small, even McDonald’s and Walmart! However, not every business is fit…Read more

3 Signs Your Business is Ready for Franchising

There are plenty of reasons why the franchise model is so popular, especially among American business owners. Franchisors benefit by being able to use other people’s money to quickly and effectively expand their business, and earn more money without the hassle of negotiating with investors, risking assets with lenders or juggling too many micro-managing hats….Read more

How to Write Your Franchise Disclosure Document

One of the things that is required when franchising your company is the franchise disclosure document, which is mandated by the Federal Trade Commission. The document is meant to provide franchisees with an accurate idea of what the potential risks and benefits of investing are, and is typically sent out at least two weeks before…Read more

Five Smart Tips to Help You Franchise

Making the decision to franchise is exciting, but without an understanding of the process it can be tough to move forward with your plan. Here are five smart tips that can help you franchise and make the most of your opportunity. 1. Know Your Tolerance for Risk Most people who even entertain the idea of…Read more

4 Things to Look for in a Franchise Development Company

If you think that your business is ready for expansion, one of the routes you may want to consider taking is franchise development. By franchising your business, you can grow your brand without taking as big of a financial risk. However, franchising your business is a lot easier said than done. Because of how complicated it…Read more

10 Tips to Franchise Your Business Internationally

Today’s global marketplace has made it easier than ever to grow a business internationally, and franchising offers a proven way to achieve that expansion. Even though international franchising is a growing trend, going global is a big step that comes with lots of challenges such as cultural differences, language barriers, unexpected costs, unfamiliar regulations and…Read more