Bigger Winners And Losers In the Franchise World

Ben Litalien , CONTRIBUTORI write on franchising and how current events will impact the model.  Opinions expressed by Forbes Contributors are their own. The Anytime Fitness 4 P’s The Search for Relevance It is clear the world is in a historic shift with disruptive forces impacting global economies, traditional marketing models, and key tenants of the franchise model.  Franchise companies that have enjoyed solid success in decades past are scrambling to find relevance…

The Enigma Of The Emerging Franchise

Ed Teixeira , CONTRIBUTOR (Published in Forbes – Apr 11, 2018) Shutterstock Currently, one of the most frequently used franchise buzz words is Emerging Franchise. Depending upon the source, an Emerging Franchisor can refer to franchisors with a system size ranging from 100 to 25 units or less to a startup franchise. My most recent experience with the subject, includes a paper I wrote entitled an analysis of Emerging Franchises from 2007 to 2017. The…

12 Tips For Finding The Best Industries For A Franchise Opportunity

YECWe cover startups, founders and entrepreneur lessons.  Opinions expressed by Forbes Contributors are their own. POST WRITTEN BY Young Entrepreneur Council YEC is an invite-only organization comprised of the world’s most successful entrepreneurs 40 and younger. Lots of people want to be entrepreneurs, but not everyone wants to create and build a business idea from the ground up. For these individuals, investing in a franchise is a great way to enjoy the…

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…