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Recent Articles

Read the latest blog posts from our franchising experts

Franchise Path | Lessons Learned by Walking in My Candidates' Shoes

Lessons Learned by Walking in My Candidates’ Shoes

By Franchising Path | Nov 13, 2022

As a successful franchisee, I’ve been in my candidates’ shoes and can speak to the value of what I do as a franchise consultant and the process I employ. I strongly believe in the power of franchising, and in addition to being a franchise consultant, I have owned a franchise. I opened my first franchise […]

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Franchise Path | Will a Possible Recession Affect Aspiring Franchise Owners?

Will a Possible Recession Affect Aspiring Franchise Owners?

By Franchising Path | Nov 13, 2022

After successfully recovering from a major recession just over a decade ago, the threat of another economic downturn looms over the business community like a dark cloud. Many people are concerned about the impact of economic uncertainty on franchising. As a franchise consultant, I am frequently asked this question, and my response surprises people. In […]

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Franchise Path | Choosing The Size Of Your Franchise

Choosing The Size Of Your Franchise

By Franchising Path | Nov 7, 2022

The dream of every new franchisee is to have a sizable business. For a variety of reasons, including financial constraints, a lack of skilled labor and management, and even access to suppliers, it might not be feasible. As a result, before purchasing a franchise, you should consider all franchise options available to you. The Big […]

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Franchise Path | 6 Ways to Maximize Your Discovery Day

6 Ways to Maximize Your Discovery Day

By Franchising Path | Nov 7, 2022

When you’ve narrowed down your franchise options and are getting closer to making a decision, you’ll likely receive invitations to what’s known as a franchise Discovery Day. These are typically events held at corporate headquarters where the franchise meets with you, answers your questions, and displays proprietary equipment, among other things. You will almost certainly […]

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Franchise Path | Why Do So Many Entrepreneurs Choose Franchising?

Why Do So Many Entrepreneurs Choose Franchising?

By Franchising Path | Nov 7, 2022

Running a franchise is far more appealing to many entrepreneurs than starting a business from scratch. You can save years of time and feel more confident that you are prepared for success by knowing that you have a proven franchise system that includes training, support, and marketing. Deciding to become a franchise owner is a […]

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Franchise Path | How to Buy a Franchise When You Don't Have Any Money and Bad Credit

How to Buy a Franchise When You Don’t Have Any Money and Bad Credit

By Franchising Path | Oct 31, 2022

Many people fantasize about starting their own business. However, one of the most significant hurdles is a lack of capital to get started or poor credit, which stops them from financing a franchise. The good news is that even if you have poor credit or no money, you can still obtain the financing you want […]

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Franchise Path | How Mindful or Mind-Full Are You?

How Mindful or Mind-Full Are You?

By Franchising Path | Oct 31, 2022

When you are mindful, you pay close attention to what is happening around you while enjoying it. One strategy is to close your eyes and imagine you are on the bank of a river, watching your thoughts as they float by. Some would consider this a type of meditation. There are several ways to cultivate […]

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Franchise Path | Franchising Myth: I’m Too Close to Retirement to Invest in a Franchise

Franchising Myth: I’m Too Close to Retirement to Invest in a Franchise

By Franchising Path | Oct 31, 2022

If you’ve been counting down the hours at your 9-to-5 job, the allure of early retirement is apparent. However, despite the fact that many people fantasize about retiring early, the realities of retirement have significantly changed over the past 20 to 30 years. Across the country, the cost of living has risen dramatically, while wages […]

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Franchise Path | 5 Creative Ways to Build a Happy and Motivated Franchise Team

5 Creative Ways to Build a Happy and Motivated Franchise Team

By Franchising Path | Oct 25, 2022

Franchise owners want to inspire and be part of a close-knit franchise team. But how does it work? What strategies can you employ to keep your employees satisfied and aiming for excellence? Here are five helpful hints for developing a positive franchise culture that maximizes the potential of its team. Establish and track performance metrics […]

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