Posts Tagged ‘franchise’

We recently profiled four families who started businesses with FranNet’s help and are now creating their own financial successes: A father-son team that runs a child education franchise in Nashville; a son whose parents helped him open a custom T-shirt franchise in Marietta, Ga.; a husband-wife team that owns a T-shirt franchise in Snellville, Ga.; and a corporate retiree who now owns a leather and upholstery repair shop with his son in Milledgeville, Ga.

FranNet’s Gary Prenevost offers advice on franchising a business model successfully.

In franchising, trends are coalescing to form what could be the next large-scale movement in the industry: absentee ownership of franchises. Or, as franchise owners themselves call it, “manager-run franchises.”

Possible assistance for veterans who are seeking to start their own business.

FranNet blog post featured on Business Reel Our blog last week about the promising future of franchising despite a recession proves to be a topic people are talking about. Last week, Business Reel featured our post about IFA’s economic outlook for 2012 which showed a tremendous spike in franchising growth patterns. To see the placement, [...]

The recent Franchise Business Economic Outlook for 2012, prepared for the International Franchise Association by IHS Global Insight, pinpoints in their projections where they expect the growth to occur — and the franchise experts at FranNet, the international network of franchise consultants, are well-positioned to analyze what the numbers mean.

Michael Sipe, an investment banker, entrepreneur and business consultant, worked with FranNet consultants on small business development projects in California and the Pacific Northwest for 20 years. In July, he decided to become a FranNet consultant himself, purchasing the FranNet territory covering Idaho, central and eastern Oregon and eastern Washington state

Franchise matchmakers are consultants who link clients seeking franchise opportunities with the right franchises. Often, clients are former corporate employees or executives who lost their jobs in downsizing; others are retirees who want a more dependable source of retirement income; still others are recent college graduates who are having trouble finding traditional work in the recession.

What’s truly encouraging is that the administration expressly connected the plan to young entrepreneurs, recognizing that small business ownership can be a much better option for a bright young person than a corporate job — as long as the young person has a fighting chance to manage his or her student debt load.

While other girls were playing with their Barbies, at 6, Lisa Anter was charging 10 cents a cup at her lemonade stand at a lake near her Montreal, Canada, home.