Why Now Is a Great Time To Get into Franchising!

By: Eddy Goldberg |  12,443 Reads  Originally Published in Franchising.com. It’s always a great time to get into franchising. Yet for entrepreneurs seeking to start and build their own business, some times are better than others to consider franchising as the vehicle for attaining their personal and business goals. Whether you’re a 30-something Millennial, or a 60-something and laid off from a lifetime of working for someone else, franchisors have something…

Why So Many Businesses Fail – And How a Franchise Helps To Avoid It!

According the SBA more than half of all new business will fail within their first four years of operation. In contrast, over 90% of all new franchises will survive for more than 7 years. While no new business venture comes with a guarantee for success these statistics do show that chances of success with a franchise start-up are considerably greater than an independent start-up. Here are some of the typical reasons…

More Women Are Entering Franchising — and It’s Changing the Industry

Image credit: Magdiel Lopez Kris Frieswick – Magazine Contributor February 22 11 min read This story appears in the March 2018 issue of Entrepreneur. Subscribe » Robin Mainer was a longtime commissioned salesperson for an insurance company. But by the time she turned 51, those commissions had dried up. She needed to figure out what, as she says, she wanted to do when she grew up. Mainer and her friend and co-worker Kimera Shepler decided to…

Franchise Q & A for Retirees

Many people are retiring who still have their health and vitality. They may be done with the 9 to 5 corporate world, but still feel the need to take on a challenge and make a contribution. Partnering with a proven franchise brand can be a path towards fulfilling these needs while still having time to create a good lifestyle. Q: I’ve always wanted to own my own business, and now that…

Tapping Into the Power of a Franchise System

AUTHOR: BeTheBoss.ca DATE: FEB 15th, 2018 TOPIC: Industry Experts When it comes to buying a Canadian franchise, one of the biggest draws for prospective franchisees is the ability to access a proven system and support. While these are tremendous advantages to any new business owner, there is another benefit that is often overlooked, namely the power of working with other franchisees to reach common goals. As you narrow down your list…

More Women Finding Freedom in Franchise Ownership

Published Feb. 12, 2018 in the GSA Business Report By Teresa Cutlip cutlip@scbiznews.com FEB 12, 2018  Franchising in South Carolina is expected to employ nearly 138,000 people and have an economic output of $11 billion in 2018, according to data from the International Franchise Association. The forecasts are up 4.4% and 6.8% respectively from 2017. Women are finding their place in the franchise world. Nationally, between 2011 and 2016, female franchise…

How Do You Innovate a Barbershop? Try a Great Clips Franchise.

Image credit: Courtesy of Great Clips Brittany Shoot – Magazine Contributor This story appears in the January 2018 issue of Entrepreneur. Subscribe »Bryan Bitticks has been a Great Clips customer since 2000, but it wasn’t until 2009 that he and his wife, Tamara, searching for a recession-proof side business, started buying the Great Clips franchise salons. And in 2016, Bitticks, a former engineer and marketing manager at a semiconductor manufacturer, left his first career for good to focus…

Three Hidden Costs of A Canadian Franchise

AUTHOR: BeTheBoss.ca DATE: JAN 31st, 2018 TOPIC: Industry Experts Expenses are always at the top of the concern list for prospective Canadian franchisees. Naturally, the exact cost of a Canadian franchise varies by brand, but there are similar expense categories you’ll encounter across just about every franchise. You’re probably already familiar with expenses such as the franchise fee and royalties, so take a look at these other less-discussed costs you’ll need…

The 5 Most Common Excuses of a Wannabe Entrepreneur

Larry Alton • Contributor Freelance Writer & Former Entrepreneur Opinions expressed by Entrepreneur contributors are their own.. If you want to be an entrepreneur, but you aren’t already, what’s stopping you? Personally, like many in the entrepreneurial community, I’m of a mind that anyone can be an entrepreneur. With free resources available from government organizations, free reach available through social media and free content and instruction available from well, Entrepreneur.com for one — anywhere on the web, there’s…

What to know before you buy a franchise

Making the decision to join a franchise can mean a huge increase in resources, but how do you know which would be a good fit for you? While it can be great for brand recognition, marketing and other resources that come from partnering with a national company, it also comes with requirements, expectations and challenges. “You’re buying into that but in doing so, part of buying into a franchise is…