Buying A Franchise

If you're looking into starting your own business, and you're considering buying a franchise location, you know that it comes with the loss of control. You have to sell specific products, your store has to look a certain way, your employees have to wear specific...

Franchises are anything but “one-size-fits-all.” Many smaller-sized enterprises, known as “micro-franchises,” represent an opportunity for budding entrepreneurs to get in on the ground floor of a potentially successful business. While still adhering to traditional...

Servicemen and women who reach the end of their military careers often want to explore new opportunities to re-enter the civilian world. For many, franchising represents an option to “hit the ground running” with a built-in business model and potentially a more modest...

With people living longer lives, careers don’t have to end when someone reaches a certain age customarily associated with retirement. In fact, many older people are pursuing new endeavors, including ownership of their own franchise businesses. Prospective...

Becoming a franchisee is an attractive option for those who wish to establish a business without creating one from scratch. One of the benefits of franchises is that the owner, or franchisor, has already set important matters regarding the company, such as quality...

Many prominent businesses started with an idea that eventually became a thriving enterprise with multiple locations. However, taking that initial risk and build from the ground up is also fraught with pitfalls. After countless “trials” and errors” in their operations,...

Finding the right location is paramount when it comes to any type of “brick and mortar” franchise business. It is one of the most critical decisions a franchisee can make. However, in searching for the ideal place or places, mistakes are easily made. Know your history...

Franchising allows an individual to expand his or her entrepreneurial experience without starting a new organization from the ground up. Buying into a business with an established brand and refined processes might seem like an easier path, but it comes with its own...

While franchising provides multiple benefits for prospective business owners, the business model is not for everyone. Budding entrepreneurs are encouraged to do a deeper dive to see if purchasing a franchise is a good fit for them. Financial opportunities are...