Be Your Own Boss

How to Own Multiple Franchises

Multiple-unit franchising has become a popular investment tactic in recent years. Through the combination of lower buy-in costs and opportunities for compounded financial gain, entrepreneurs are choosing to strengthen their portfolios within proven franchise systems that offer long-term growth. Owning multiple franchises can be a strong wealth-building strategy since diversification of your investment means you [...]

Master Franchisee: What It Is and How to Become One

When you enter the world of franchising, there are many strategies that a franchise brand may utilize for growth. One of the approaches is expansion with the use of a master franchisee, sometimes referred to as master franchisors, area representatives, or sub-franchisors. Franchisors either deal with franchisees directly or with the use of a master [...]

What is a Franchisee Association and Should You Join?

Should you join a franchisee association and are they actually helpful when dealing with franchising issues? Learn more about what to expect. Franchisee Associations Defined As a part of a large franchise system, franchisees may feel like they aren’t sure who to turn to when questions or concerns come up, especially if there’s an issue [...]

Best Franchises for Millennials: What to Look For 

Franchises appeal to millennial entrepreneurs for work-life balance and the opportunity to be their own boss. Here’s what to look for when deciding on a franchise. Naturally inquisitive and open to learning, millennials make excellent leaders who consider the opinions. THE EMERGENCE OF “MILLENNIPRENEURS” In addition to being the largest generation currently part [...]