Franchise Businesses Drive Job and Economic Growth

Published by Jeff Bevis in Forbes, Mar. 27, 2019 Franchise businesses help drive growth in local, state and national economies. They are major contributors to small business growth and job creation in nearly every local economy in the United States. On a local level, growth is spurred by a number of successful franchise impacts, including multiple new locations opening in the area and the professional development opportunities they provide for…

10 Mistakes to Avoid When Starting A Franchise

Source:catalystforbusiness.com Published on March 19, 2019  in Business by Ricardo Minesotor Opening a business is one of the biggest decisions you can ever make in your life, but opening a franchise requires critical thinking and excellent research skills. Owning a franchise isn’t less of a risk than setting up a small business. Many entrepreneurs have had the dream of buying into a franchise while others want to start their own franchises to…

7 Great Types of Franchises You Can Buy

Rob Lancit Date Published in BeTheBoss, Jan 29, 2019 If you’re interested in buying a franchise it can be difficult to decide what franchise you should buy. There are many great options out there. If only there was a handy franchise list to consult. That’s where Be the Boss can help. Here is a list of seven great types of franchises available for purchase. 1. Moving Franchises If you’ve ever…

GYMGUYZ Soars to Top 10% of Entrepreneur’s 2019 Fastest-Growing Franchises

The Fitness Brand is Poised to Build on Momentum With More Expansion Across the U.S. and International Growth in 2019 PLAINVIEW, N.Y. (PRWEB) March 11, 2019 – Mobile personal training concept GYMGUYZ recently placed #50 in Entrepreneur Magazine’s list of Fastest-Growing Franchises, a subset of the industry-leading Franchise 500® ranking. This Top 10 Percent ranking and first page placement comes after a wildly successful year for the #1 in Home…

Growing Focus In Franchising Beyond Financial

Dr. Ben Litalien, CFE Published Mar. 11, 2019 in Forbes More To Franchising Than Just Financial Success As throngs of franchise folks returned from their annual pilgrimage to the International Franchise Association’s (IFA) franchise convention in Las Vegas, the overwhelming goal for most was determining how to extract more value from using the franchise model.  The IFA hosted scores of classes offering insights and know-how for franchisors and franchisees at all levels, an exhibit…

The Pros And Cons Of Buying A Franchise

Contributor – Jared Hecht Posted in Forbes – February 17, 2019 SHUTTERSTOCK The pros and cons of buying a franchise There is an obvious appeal to starting a business by buying a franchise. Whereas starting a business often comes with a lot of unknowns, a franchise is proof of a successful model already in motion. That doesn’t mean that buying a franchise equals instant and sustained success. In fact, the…

How Traditional Are Nontraditional Franchises?

Mahmood Khan  Published Feb. 13, 2019 in Forbes Passengers resting or buying food at Dunkin Donuts at International Arrival area in the Philadelphia International Airport which is the air transportation hub serving metropolitan Philadelphia area, Pennsylvania, USA.GETTY The Dunkin’ coffee-and-doughnuts, a pioneer in nontraditional franchising, is considering backing away from scaled-down formats at a variety of locations. It closed more such locations in 2018 compared to earlier years. Nontraditional franchising…

Smart Tips for Navigating the Initial Franchise Interview

Once you have a few franchises in mind, you’ll be talking to a franchise rep from each company. Here’s the skinny on how that phone call should go. Image credit: Milan Markovic | Getty Images Mark Siebert VIP CONTRIBUTOR Franchise Consultant for Start-Up and Established Franchisors Published January 23, 2019 in Entrepreneur The following excerpt is from Mark Siebert’s book The Franchise Handbook: – Everything You Need to Know About…

3 Reasons Buying a Franchise Might Be Better Than Starting Your Own Business

Image credit: JamesBrey | Getty Images Mark Siebert VIP CONTRIBUTOR Pubilished January 2, 2019 in Entrepreneur The following excerpt is from Mark Siebert’s book “The Franchise Handbook: – Everything You Needed to Know About Buying a Franchis. Franchises are systems that have been tested and refined and tested again. And gaining access to that system gives you, as a franchisee, the ability to start faster, reduce your initial investment, and avoid…

FRANCHISE TRENDS TO LOOK OUT FOR IN THE NEW YEAR

The Business Journal December 21, 2018 – 12:00 PM Written By Frank Lopez With a strong and healthy North American economy this year, and a strong economic outlook for the upcoming year, 2019 is poised to be a good year for the franchise industry. Kiplinger is projecting total holiday receipts to be up 4.8 percent and the GDP to swell by 3.5 percent in the third quarter. Combined with low…