Archive | Franchising

5 Mistakes to avoid when buying a franchise

1. Assume the franchise will be a success Any new business venture involves risk and there’s really no such thing as a guaranteed success. If you’ve picked a good franchise model with evidence of successful franchisees, then you’re off to a good start. But staff, location or territory, and a solid customer base, along with […]

Continue Reading

How (and when) to franchise your business

When determining whether to move forward with franchising your business, your ability to commit to the process outweighs all. Independently-owned businesses weighing their growth and expansion options would be remiss in not exploring franchising as a means of scaling their concept. That being said, franchising isn’t a realistic means of expansion for every business. Entrepreneurs […]

Continue Reading

What’s it like to own a Franchise?

Owning a franchise is a shortcut to business ownership. But what’s it like to be a franchisee? Here’s the good, the bad & the ugly side of being a franchisee Do you fancy owning your own business? Are you wondering what’s like to be a franchisee? Wonder no more. Yes, owning a franchise can be […]

Continue Reading

A positive attitude equals Franchise success

  ATTITUDE is an extremely complex word but by simple definition, it means a way of feeling or acting toward a person, thing, or situation. There is no doubt that the Covid-19 pandemic has created tough challenges for the franchise industry, but opportunities also exist as franchisors look to franchise new innovative concepts or diversify […]

Continue Reading