18 Must-Answer Questions for Anyone Considering a Franchise
With over 2,500 existing franchises to choose from, it's extremely important for franchise buyers to consider their personal strengths. Everyone has a different personality, preferences, strengths and weaknesses. So, it comes as no surprise that a franchise system that would be perfect for one person, may be a really poor fit for someone else. These...
What is a Franchise? The FranchiseHelp Primer and Quiz
Contrary to popular opinion, franchising extends far beyond food and retail. In recent years, franchises have become popular for the services and manufacturing sectors. The U.S. Census shows that in 2012, franchises alone accounted for $1.28 billion of sales. A franchise can be broken down into the following two specific categories: Product or trademark franchising This is...
7 Necessary Steps to Take Before Opening a Franchise
The process of finding and opening a franchise can seem long and confusing. Likely because of this, many people rush through the process and risk ending up unhappy with their choice, running an unsuccessful business, or both. We’ve put together a list of seven steps that all prospective franchisees should take. Following this roadmap will not...