The State of the Franchise Industry

Companies are optimistic. But business hasn’t been as strong as the good feelings. Among other food trends, hamburger chains have proliferated in recent years. PHOTO:MATTHEW STAVER/BLOOMBERG NEWS By Elizabeth Garone Nov. 26, 2017 10:07 p.m. ET Wall Street Journal The mood of the franchise industry is upbeat right now. But recent performance hasn’t been quite as strong. Optimism among franchisers and franchisees is “through the roof,” says Robert Cresanti, president and…

Understanding the Rental Market When Opening a Franchise

Before a new franchise owner signs a rental agreement, here’s what they need to know about retail or commercial space rent AUTHOR: BeTheBoss.ca DATE: NOV 24th, 2017 TOPIC: Industry Experts   As a new Canadian franchisee, you may be dealing with commercial rent for the first time for your location space. When you are negotiating this rate, it’s important to know that not all tenants will pay the same rate per…

Why Opening A Franchise Business Is Better Than Starting Your Own

There are many advantages in partnering with an established franchise brand instead of starting your own business from scratch. You can be in business for yourself, but not by yourself. This artcle was written by: Harsh Pancholia and originally appeared in Entrepreneur Middle East, an international franchise of Entrepreneur Media.Considering venturing into the world of entrepreneurship by starting a franchise business? There are definitely advantages to going down this route…

7 Things You Need to Know Before Becoming a Franchise Owner

 The following article is from Entrepreneur on-line and was posted on November 22, 2017 Gordon Tredgold•Guest Writer Recently, I was sitting, drinking an iced latte macchiato at a well-known chain, when my wife said to me, “We spend so much time in here that maybe we should think of starting one ourselves.”Which she promptly followed up with, “I’ve always wanted to run my own business, and let’s face it: How hard can making…

10 Key Points For Potential Female Franchise Owners

Below two successful female franchise operators share five tips with fellow women looking to step into franchising. Former VP of Dunkin’ Brands, Lynette McKenna: Lynette worked as a second grade school teacher and a real estate broker becoming VP for Dunkin Brands—a role she has since moved on from. While with Dunkin’ Brands she shared a bit about her experience with Franchise Direct: “In many cases [women] are more successful…

Home Based Franchises

Offices are terrible. Between the rush hour commute, the pressure to put in face time with your boss, performance reviews, and the politics, it’s difficult to get excited about going into the office every day. Luckily, technology has enabled thousands of Canadians to shed the office and run a business from home. Imagine accomplishing all of your goals simultaneously: Spending more time with your family Balancing your personal and professional life…

Sport Clips Haircuts Named a Top Franchise for Veterans

Posted By Amanda Palm Sport Clips Haircuts, the nation’s largest franchise dedicated to men’s and boys’ hair care, was identified by independent franchisee satisfaction research firm, Franchise Business Review, as being one of the Top 100 franchises to qualify for its 2017 Top Franchises for Veterans list. To identify the top brands, Franchise Business Review analyzed 18 months of data from approximately 25,000 veteran franchise owners representing over 250 brands regarding their overall…

Five common franchise mistakes to avoid

This article was written by RickcVillalpando  and was posted November 23, 2017 on the RestOBiz Website.     Whether you’re a first-time franchisee or about to open your fifth location, the road to achieving success is never an easy one. If you’re a potential franchisee who is considering entering a franchise system, there are a few common mistakes you can avoid to minimize risk, maximize return on investment and ensure…

The Worst Franchise Attitude… and How to Avoid It

The following is an article from FranchiseBusinessReview by Michael Kupfer November 8, 2017 If you’ve done some research on buying a franchise, you’re probably starting to hear and read some of the same sentiments over and over as various experts prepare you for franchise ownership. Among the most common, and indeed one of the most important, is to “follow the system.” Following a franchisor’s blueprint is the essence of the…

Anago’s Unit Franchise Named A “Best Franchise Under $100K”

This is from a Nobevember 15th, 2017 article in the NB Herald   “Anago’s business model provides Unit Franchisees the foundation to operate their cleaning service like a true entrepreneur,” said Adam Povlitz, President of Anago Cleaning Systems. FOR LAUDERDALE, Fla. November 15, 2017 Anago Cleaning Systems (Anago), an industry-leading commercial cleaning franchise with over 35 Master Franchise locations and over 1,400 Unit Franchises throughout the U.S. and internationally, has been…