Franchise options abound in today’s economy. However, a closer look reveals that not all franchises are created equal. Working in the franchise market has various advantages, including certain recession-resistant brands, inexpensive start-up costs, and little overhead. Furthermore, working your own hours and making your own decisions may provide you with a richer quality of life. […]

According to a recent survey, hiring for franchisees was as challenging as it was for everyone else this year. Approximately 77% of franchisees who hired new employees this year stated that hiring was very or extremely challenging. This is almost 6% higher than the national average of 71%. When asked why positions were difficult to […]

Do you want to purchase a franchise but aren’t sure which industry to focus on? You’ll be investing a lot of time and money into making your new franchise a success, so do you choose something you’ll like? You will ideally love the devotion and process of making your franchise successful if you choose it […]

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 […]