Owning a thriving small business is an accomplishment in itself, but growing that business with multiple locations is an even larger goal. At AFI, we talk to business owners all the time who want to take that next step but they don't know how. The good news? You don't...
Franchising is a great opportunity to turn your business into something more than it is now. No matter how much success you have achieved, if you have not grown, you are not going to ever reach the point you have dreamed of. Franchising offers a path to unlimited...
Business regulations, especially franchise regulations, can be intimidating. As any business owner will tell you, there will be at least one time – probably more – when you are going to feel as if your hands are tied. It helps to know what you are up against before...
Our franchise feasibility study is a great way to determine whether or not franchising is right for your business. What are some of the factors that need to be present in order to build a successful franchise and franchise your business? Duplicating Your System and...
It takes a lot to build a successful franchise, and a brand differentiation and to help others do the same within your system. The average business owner – savvy as they might be – has no idea what it takes to transition from what they have now to a franchise. To...
Franchising is a balancing act. In addition to creating a successful business, you must be able to take that concept and create systems, a growth plan, and a marketing strategy. But that’s not all. You also need to be an effective leader, find capable franchisees, and...
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...
It is no secret that owning a franchise is a big investment of time, money, and hard work. But there is one additional thing you need to succeed – the right frame of mind. As a franchise owner, you are forced to wear a lot of different hats, but you must also keep...
There are plenty of great reasons to turn your existing business into a franchise, but there are also some risks. Here are five of the most common reasons why franchises fail and what you can do to ensure this doesn’t happen when you take the leap: Franchises Are More...
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