Browsing Tag
franchisor
7 posts
Franchise Expert Nick Bibby on Successful Franchising
Some people assume that franchises are "can’t fail" plug-and-play businesses. But as Nick Bibby, founder of The Bibby Group, a consultancy for franchisors and franchisees, will tell you, it’s not that simple. As with any business, both parties need to do their homework first. We caught up with Bibby to find out what franchisors and...
Start your own franchise business – Part 2
Last month, we talked a little bit about the attributes necessary to turn your home based business into a franchise ... you can find that post here. Well, what about branching out from the home based sector and becoming a franchisor of any type of business? According to Frandata and reiterated by Mark Siebert in...
Your Home Based Business: A Franchise?
I have to start by commending all of the businesses that participated and ranked in StartupNation's inaugural Top 100 Home Based Businesses. It's a true testament that working from home can be fun, productive and profitable. Let's take a birds' eye view at your businesses for a minute. Do any of these traits describe your...
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...
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...
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...
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...