Browsing Tag

business franchising

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Franchise Business Review releases 2007 Franchisee Benchmark Report

Have you considered investing in a franchise and just can't decide which one is right for you? As you explore your options, one of the most important factors is evaluating the satisfaction of current franchisees ... the small business owners that make it all happen. Once again, our annual study of franchisee satisfaction has exceeded...
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Graduate from college … and buy a franchise?

An article in today's NY Times, Don't Go West Young Man ... Buy Yourself a Franchise Instead, asks a very interesting question. Should recent college graduates without any real-world experience forgo corporate America and buy a franchise? Our research shows that less than 1% are currently doing that. But that doesn't mean it isn't a...
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Betting on the established brand or the hot, new franchise concept?

I am often asked whether or not it is a good idea to invest in a “hot, new franchise concept” or to go with a “safe” established brand. Certainly, established franchise brands typically have a higher success rate as compared to younger franchise systems. Yet, while investing in a new franchise concept may come with...
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Show Me the Money!

I can't tell you how many times I've been asked by someone thinking about investing in a franchise “How much money can I make?” It's far and away the number one question prospective franchisee want answered. And why not? Isn't money the primary reason most people go into any business? I love my job and...
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The ultimate form of entrepreneurship

A few questions to start: What are the keys to franchising? How do you (or I) know if franchising is right for me? And the frequently asked, “What are the hot franchises right now?” Most of these questions will be covered in the articles and resources section in the upcoming Franchise Center and while I...
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I Have the Best Franchise Idea Since McDonald’s

How many times have you heard that from your friends, relatives at Thanksgiving dinner or even someone you just met for the first time? You just gotta love their enthusiasm. The thing is, they just might! How do you know if your idea (or Uncle Ralph's) has some beef behind it or is as soggy...