When it comes to investing in a franchise – you can typically go two routes (depending on the franchise, of course). You can opt to invest in a single unit – one independent business – or you can invest in multiple units of the system. Single units were the predominant way to go for as long as franchises have been around, but multi-unit ownership really picked up steam in 2008 ...Read More
Owning your own business is a serious commitment. It is not something you can do on a whim and hope things just work out in your favor. It takes some serious planning, research, and an extra special dose of grit. The grit might become even more of a factor if you are thinking of starting from scratch.
The good news is – you have options. You don’t actually have to start from scratch, and there are hundreds of businesses readily ...Read More
If you find yourself among the 4.3 million people who joined the mass exodus of corporate America in 2021, you might be asking yourself, “what’s next?” Whether you were on the hunt for greater work life balance, a better financial trajectory, or needed ...Read More
Thanks to the increased time spent at home over these last few years, the demand for home improvement services has grown exponentially. From kitchen remodels to brand new flooring, consumers are on a mad craze to upgrade their abodes that now double as office spaces, day care centers, and entertainment centers. Right now, the home remodeling marketing is currently valued at $430B in 2022 with no signs of stopping.
As one of the fastest ...Read More
When people hear the word franchising, many automatically think of a McDonald’s, a Chick-Fil-A or some kind of food establishment. It is no secret that running a restaurant is hard work with small margins, so it can make it easy for someone to dismiss the idea of running a franchise concept strictly due to this common word association.
If people really knew how vast and diverse franchising was, minds could be changed overnight. With this recent surge of people ...Read More
According to the U.S. Department of Labor, at the start of February there were roughly 10.6 million available jobs. That means, as it stands, every minute more than 90 people are quitting their jobs. What has been deemed as the “The Great ...Read More
For the franchise industry, the last couple of years created enough uncertainty to last a lifetime. The world changed in ways it had never seen before, causing brands to turn their operations on a dime in an effort to stay afloat. Somehow, we have made it to the other side, and it is looking like there really is light at the end of the tunnel!
After all the ups and downs, pivots, and turns, 2022 is poised to be a big year for ...Read More
Royalty fees are among the ongoing charges franchisees pay for the privilege of being part of an established business with a large reach. While they are part of working with a large number of franchisors, many people do not know what they are or how they work.
Royalty fees are ...Read More
It’s the season of giving and that may have you facing the dilemma countless business owners face this time every year: finding the best way to show your employees how much you appreciate their ...Read More
What if we said you can chart your new course as an entrepreneur at the same time you help people take control of their health and get fitness results ...Read More