I would like to share something personal you might not know about me. Outside of work, I’m a father of two baseball-enthusiast boys. I spend a decent amount of time at their baseball practices and games. I’ve been involved with my sons’ baseball games and practices for over 10 years. They started playing tee ball […]

A franchise Discovery Day allows prospective franchisees to learn about the franchise from the franchisor firsthand. Attending a franchise Discovery Day is an excellent way for franchisees to obtain a wealth of important information quickly. Discovery Day is often one of the last stages a potential franchisee takes before being given a franchise, and it […]

When it comes to franchise financing, you have various options. To determine which is best for you, ask yourself the following questions. 1. What is my budget, including business and personal? You should know how much the franchisor demands for the initial franchise fee. In addition, you must budget for business expenses such as a […]

Becoming a successful franchisee takes effort and is frequently dependent on a variety of things. Still, an entrepreneur’s mindset is an often-overlooked internal factor that might make the difference between success and failure. Here are the five most important characteristics of an entrepreneur mindset and how you might adopt them. 1. Keep Your Eye On […]

How can you expect others to believe in you if you don’t believe in yourself? The mindset to believe in your ability to manage a franchise successfully is the first step toward being a successful franchisee. Of course, finding a good balance between being your own critic and being overconfident is critical. As a result, […]

Do franchisees care only about money, or are there other considerations? According to studies, self-employed people are much happier with their jobs than corporate employees. For example, in a recent survey of over 2,500 franchisees across 75 franchise systems, 87% said that operating their business was enjoyable and gratifying. Of course, franchisees want to make […]

How do you pick the ideal franchise for you when there are so many to choose from? This is when a Franchise Consultant can come in handy. I am a business matchmaker. I use a proven process to help ambitious entrepreneurs identify the ideal franchises for their situation. Here are the five ways I add […]

The idea that a corporate job is the best way to achieve stability is no longer true. Entrepreneurs who own franchises are not doing it to supplement their income. Despite what you may have heard, they are making the move because purchasing a franchise is not the same as buying a job. Entrepreneurs are turning […]

Now more franchisees are broadening their portfolios by investigating alternative franchise companies that complement their existing business. Of course, franchisees and franchisors know the advantages of multi-unit ownership under a single franchise brand. Nonetheless, there are numerous significant advantages to cross-brand franchising. Adding complementary brands to your portfolio is a smart approach to expanding your […]