The 10 Worst Franchise Brands

Franchise brand success rates vary, and its not always the best know brands that provide the best opportunity for their franchisees.   (Published in the Franchise Law Blog by the Internicola Law Firm) It is a common misconception that every well-known franchise brand has successful franchises. In reality, there are some popular companies that have higher-than-average default rates. According to a recent report in the Wall Street Journal, Cold Stone Creamery, Quiznos, Huntington…

Entrepreneur Went from Business Owner to Franchise Owner

Franchise ownership, with it’s proven systems, training and support provides real benefits for a business Image credit: Juliana Sohn Hayden Field MAGAZINE CONTRIBUTOR Associate Editor Published in Entrepreneur on September 3, 2019 4   Nikki Taheri grew up in Tehran during the Iranian Revolution and was raised on tales of her trailblazing grandmother — a six-foot-tall woman who chose to forgo a hijab and dressed as a man in order to…

Why It’s Never Too Late to Start a Franchise Career

Franchise ownership can be a perfect fit for mature, experienced people. by Anne Daniells August 14, 2019 In Franchise Direct   Are you newly retired? Ready to spend your days doing what you choose? Interested in building more for retirement while you are healthy and able? Look no further than a franchise that suits your older age, your personal interests, and your financial goals. You know that franchisors want successful owners…

5 reasons why your next investment should be a franchise

Franchise investment provides many benefits when starting your own business. 3 JUL 2019 |   Published by Alan Hockey in Bizcommunity I am not about to make the evening news by letting you know that franchises are more likely to succeed than independent businesses, and that around 50% of small businesses fail in the first 24 months of operation. Image credit: Getty Independent businesses fail for a number of reasons, including owners…

The Truth Behind the “Turnkey” Franchise

Some franchise brands offer a turnkey option.  It is important to understand exactly what is included in the turnkey options before signing the franchise agreement. AUTHOR: BeTheBoss.ca DATE: JUN 17th, 2019 You’ve likely come across the term “turnkey” in your Canadian franchise search and wondered what it meant. This generally refers to a package that is so complete that everything needed to start your franchise will be done for you.…

Should You Open a Franchise?

Posted by Josh Cohen, Founder and CEO of JunkLuggers in Business.com Franchises don’t come in a one-size-fits-all model. The same applies to franchisees, the people who run these businesses. Some people fit well in the franchisee role – others, not so much. You should have a particular set of characteristics if you want to be a successful franchisee. You may survive without them, but the process will be painful. Before…

What Aspiring Franchise Owners Need To Know

What Aspiring Franchise Owners Need To Know Armando Bartolome Posted at Apr 27 2019  in ABS CBN News I have led many seminars and workshops on franchising and noticed that more and more people have been attending. It is good that many are looking at franchising as a sustainable means of living. And why not? There are many advantages to starting your own franchise business. A franchise means you don’t start…

The History Of Franchising, And Why Today It’s Easier Than Ever

POST WRITTEN BY Terry Powell Terry Powell is the Visionary Founder of The Entrepreneur’s Source, North America’s leading alternative career coaching franchise. Published in Forbes April 12th, 2019   GETTY Once upon a time, if you wanted to buy a franchise, you might have found an ad in the paper, like the one that appeared in a 1949 New York Times issue, which I recently found while combing through some online library…

23 Questions to Ask a Franchisor Before You Buy a Franchise

Navigate ‘discovery day’ with this list of questions that will make sure you learn all the essential information you need before buying a franchise. Image credit: Hero Images | Getty Images Mark Siebert VIP CONTRIBUTOR Franchise Consultant for Start-Up and Established Franchisors February 6, 2019 4 min read Opinions expressed by Entrepreneur contributors are their own. The following excerpt is from Mark Sieberts book “The Franchise Handbook: – Everything You Need to Know…

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…