What is an owner-operator franchise? With this franchise model, you’ll be involved in day-to-day operations, making it a rewarding career with financial promise. The Owner-Operator franchisee hold the reins in the daily operations and management of the franchise business. WHAT IS AN OWNER-OPERATOR FRANCHISE? As implied by the name, this franchise model lets [...]
Semi-Absentee Franchise Examples and Options Run a business while pursuing other things in life. Semi-absentee franchises can give you an extra layer of security. See examples and discover your options. A semi-absentee franchise ownership offers the opportunity to start and run a new business while still maintaining other jobs or obligations. What is [...]
Learn about the three types of franchise ownership: owner/operator, absentee, and semi-absentee. Find out which one is best suited for your style. Which of the three franchise ownership styles will be the key to your success? 3 Paths to Success Franchises are famously more successful than independent businesses in both the short and [...]
Need a list of books about franchising that will help you become a successful franchise owner? Whether you're a beginner or experienced, we have a list for you. Books on Entrepreneurism Books on broader topics are definitely helpful, but don’t overlook the genre that is franchising-specific. At its heart, franchising is very much [...]
Franchise Broker or Consultant? How to Choose Franchise brokers and consultants help educate and assist you in choosing a franchise. Learn how to choose the best consultant or broker for your needs here. How important is a franchise broker to a prospective franchisee? Like matchmakers of old, brokers are trying to find the perfect connection [...]
Franchises are owned by franchisees and spread out across different locations. Growth is often faster and more cost-effective with franchises than corporate-owned businesses. Let’s take a look at the franchise vs. company owned dilemma. Franchises exist in nearly every realm of the business world: from restaurants to salons to home improvement concepts and beyond. [...]
In short, franchisors sell franchise ownership opportunities to prospective franchisees along with licenses to use the trademark and business model. Continue reading to learn more about the differences of being a franchisor vs franchisee. FRANCHISING 101 There are many rewards that come from choosing the right franchisor in the right industry. People have [...]
As the popularity of owning a home-based franchise continues trending up, it’s becoming increasingly clear that a new generation of franchise business owners are leaving their mark as successful franchisees. Enter the Millennials - those 75 million people born between the years of 1981-1997. Armed with a quiver full of Millennial traits that complement most, [...]
As the economy enters a full recovery after the challenges associated with the pandemic, many would-be entrepreneurs are considering new business opportunities as a way to achieve greater independence and an enhanced work-life balance. If the idea of owning your own home-based business sounds attractive, there are several aspects prospective franchisees should become familiar with [...]
If you are one who has served your country in uniform and are considering a post-military career, you may already have what it takes to be successful as a home-based franchise business owner. To be sure, there are several attributes that, if not required, are at least preferred if you want to be successful as [...]
