With over 3,000 choices of franchise concepts in the marketplace today, your options for owning your own business are limitless. But not all franchises are created equally. So, how will you be able to gain the necessary piece of mind that the opportunity you intend to pursue is legitimate? Say hello to the Franchise Disclosure [...]
Posts Tagged ‘Franchise Expert’
It’s no secret that thousands of intelligent employees harbor a desire to eventually go into business for themselves. They do this for many personal reasons, not the least of which is the belief that they can be successful at the helm of their own organization. Perhaps you’ve been in a particular field long enough to [...]
Franchises that meet perennial needs are best bets for entrepreneurs, consultant says Mike Welch is the FranNet consultant for the state of Minnesota, based in Maple Grove. Welch, 36, has found considerable success as a franchising consultant and in the franchising field in general, where he’s held three of the industry’s main jobs: franchise owner, [...]
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 [...]
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 [...]
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 [...]
In a down economy, starting your own business is a smart way to go and most of the time franchising is the answer. That’s why the Moores purchased ten locations of the Five Guys burger franchise as soon as it became available. Interviewed by the Knoxville News Sentinel, the father-son duo talked about why they jumped on board.