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…

Understanding the franchise agreement: Are they all the same?

December 10, 2018 in Canadian Business Franchise By Peter Snell Photos © www.bigstockphoto.com For most prospective franchisees new to franchising, a multi-page and standard form of franchise agreement is a new and unknown entity. For many, all contracts may look the same, or at least similar; therefore, it may be hard for a prospective franchisee to know if the agreement meets their needs. Are franchise agreements really all the same,…

Is Buying a Franchise Right for You?

Published in Global  Banking & Finance Review   December 4th, 2018 The best time to buy a franchise may just be right now. According to a Franchise Resales report, the current demographic and financial ecosystem is ripe for buying franchises. There is greater access to capital for starting your business than ever before and many baby boomer franchisees are now retiring and their franchises are up for grabs. Franchises as a…

6 Franchise Business Plan Must-Haves

AUTHOR: BeTheBoss.ca DATE: NOV 23rd, 2018   Your business plan for your Canadian franchisor is your blueprint for success, and it is also something lenders will consider when evaluating your loan application. If you haven’t made a business plan before, the process can seem a bit intimidating, even with a template. Your plan will need to be tweaked for your specific needs, but here are six sections every complete plan…

Food Franchise To Fitness Franchise…Franchising Is On The Move

Ben Litalien, Contributor  Published in Forbes on Nov 26, 2018 Charlie Graves started franchising in 2007 but has seen dramatic shifts in the past few years.PROVIDED BY ATHLETIC REPUBLIC New Concepts Feature Health Not Taste For decades food concepts have led the way in franchising in almost every category, yet a new sector has taken a commanding lead outpacing all others in number of new concepts.  According to a recent…

Home Is Where The Work Is: The Rise Of the Home Based Franchise

Fiona Simpson, Contributor   Published in Forbes, November 26, 2018 GETTY Home now is not just where the heart is – it’s also where the work is! 2018 has been a year of many stories within the franchise industry, but one that’s certainly stood out has been the continued surge in popularity of home based franchises. The popularity of working from home generally is on the rise – in the UK…

Benefits of Joining a Fitness Franchise

BY Sarah Dunsby AT 10:19 AM NOVEMBER 23, 2018 in London Loves Business Owning a fitness franchise may be one of the biggest global trends, but it might not be the first thing to pop into your head when considering different business opportunities. One of the many benefits to owning a fitness studio is that it will almost always be associated with a big brand name, like F45 –  with whom we’ve…