Archive for the 'FranNet News' Category
Five helpful tips for franchisees to avoid the business-killing mistake We’ve shown how franchise businesses fare better than typical small businesses. It’s proven statistically and backed up by plain common sense — business owners who operate under a known brand and with an established business model have a big advantage over owners who have [...]
Some good questions candidates should ask before they buy a franchise business When entrepreneurs begin talking with franchise systems, they tend to ask pretty standard questions: How much money can I make? How much will I have to spend? How big can I get? Is the franchise territory exclusive? They’re sort of the first-floor questions, [...]
FranNet helps match professionals with the right franchise opportunities We’re excited that for the third consecutive year, FranNet has made Inc. magazine’s exclusive list of the nation’s fastest-growing privately held companies! It’s great news for us. The annual ‘Inc. 5000’ list ranks companies on their three-year growth rates; ours was 49 percent from 2009-11. Making [...]
Small bank approval rate has jumped 5 points, big bank rate 2 points Since the near-collapse of the world economy four years ago, tight credit markets have stunted small business growth by shutting entrepreneurs off from startup capital. But they’re beginning to loosen. The Biz2Credit Small Business Lending Index, a monthly analysis of 1,000 [...]
Seniors may make up 25% of Canadian population by 2036, highlighting need for home health care franchises The Baby Boomer generation has reached retirement age, and the franchise industry throughout North America is rising to meet the challenge of a flood of seniors who live longer than ever and want to stay in their [...]
Internet, diversity, FranNet-style franchise matchmaking has transformed the industry In 1987, when Howard Bassuk founded FranNet in Carlsbad, Calif., this was how you let a franchisor know you wanted information about a franchise opportunity: You ran across the franchise in a magazine, at a trade show or while scarfing down a sandwich at one [...]
Senior care and tutoring franchises are booming, says FranNet franchise consultant Jim Gleason, 62, worked in sales, alcohol and drug counseling and career consulting before joining FranNet five years ago. The Indianapolis-based business covers almost the entire state of Indiana, save the Gary area near Chicago and the area just across the Ohio River [...]
Starting a franchise business, difficult during the recession, gets easier with loosened lending The first few months of 2012 have brought some encouraging news for potential franchise owners hamstrung during the recession by a clenched-fist credit market. Since the collapse of the housing market and near-collapse of the world economy in the fall of 2008, [...]
Startup Canada will host a series of town hall meetings and other events to welcome and engage with local entrepreneurs, whom the organization wants to help form a unified plan to advocate for Canadian small business owners.
BoomersNextSteps.com recently interviewed Jania Bailey, FranNet’s president and COO, about franchising opportunities for Baby Boomers and how FranNet can help future franchisees reach their business goals.