Posts Tagged ‘FranNet’

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.”

People like Todd Bingham at FranNet have watched the trends and have a good read on where certain companies are heading. Bingham recently offered his expertise in the Entrepreneur. Read more in the article below.

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

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.

FranNet, a national franchise consulting firm, has worked in the last three years with a growing number of potential entrepreneurs who either lost their corporate jobs or chose to leave them.

“In a down economy, franchise opportunities are some of the best business opportunities available for skilled professionals who have lost their jobs or decided to leave corporate America,” said FranNet President and COO Jania Bailey. “FranNet has been able to grow quickly over the last three years because it meets a need in the marketplace for good, viable, long-term business options.”

Mid-career and late-career professionals over 50 are loaded to the hilt with skills and talents. They need or want a new arena for them. Sound familiar?

We were pretty excited to open up the Toronto Star, Canada’s highest-circulation newspaper, on Saturday to see FranNet featured in not one but two articles!