Franchise Articles
Browse our selection of franchise articles and features to help further your knowledge in opening and operating a franchise business. Our exclusive features cover the franchise growth, operations, legal, leadership, marketing, real estate, and technology site of the franchise business. Written by the editorial team that produces Franchise Update Magazine and Multi-Unit Franchisee Magazine, the franchise industries premier magazines.
Anyone starting out in franchising faces two critical financial hurdles: 1) finding the capital to start, and 2) surviving the start-up years. Both require careful and accurate budgeting, not only for the business itself, but also on the personal side, as most start-up businesses stretch household budgets at the outset and usually play a key role in keeping individuals and families afloat.
- Eddy Goldberg
- 15,649
Anil Yadav has graced the pages of this magazine before. He's well-known as a man whose work ethic took him from a Jack in the Box fry cook to the brand's largest franchisee, with 227 restaurants.
- Kerry Pipes
- 2,527
The Keys to Vetting and Choosing Potential Business Partners that Will Increase the Odds of a Successful Relationship
- Aaron Bakken
- 3,536
Combining Your Dream with a Plan That That Will Help your Business Now and Going Forward.
- Jeff Bannon
- 2,951
To succeed and grow, multi-unit franchisees must learn to overcome competition, rising costs, changing consumer tastes, the unpredictability of social media, and legislative and regulatory threats--at the same time they're busy hiring and training employees, updating menus, remodeling stores, and dealing with insurance, taxes, and suppliers.
- Eddy Goldberg
- 3,530
If you have been researching automotive franchises and have identified one you believe will meet your long-term financial and personal objectives, you’re probably anxious to obtain the funds to invest in it.
- Emma Pearson
- 5,010
In the previous article, we discussed in general terms the cost of starting your own business compared with that of buying a franchise. This week we dig deeper into the specifics.
- Eddy Goldberg
- 13,490
First, congratulations on joining a franchise! You've avoided many startup headaches, and now development work, brand building, systems development, and business model refining are all off your plate.
- Ben Midgley
- 5,207
For Evan Latham the franchise business is a family affair. That's because the 29-year-old Orangetheory Fitness franchisee is the son of the brand's co-founder, Ellen Latham.
- Kerry Pipes
- 8,003
Women- and Millennial-Owned Businesses Most Likely to use Social Media in Their Operations, According to New Survey.
- Multi-Unit Franchisee
- 5,840
Understanding the Emerging Impact of the NextGen of Franchise Leaders and Consumers.
- Kendall Rawls
- 5,363
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SPONSORED Open a The Hummus Republic FranchiseThe Hummus Republic is a Modern Mediterranean QSR, hungry for change in the fast casual food industry. We're here to bring the flavors of authentic Mediterranean cooking to a casual, modern setting for people with an on the go and busy lifestyle. |
One of the greatest motivators for entrepreneurs is to be their own boss, make their own decisions, and control their destiny.
- Eddy Goldberg
- 13,142
Each year we work with FRANdata to compile a list of the country's largest multi-unit franchisee organizations. Based on total unit count, the rankings show not only the number of units these "mega" franchisees operate, but also their brands.
- Multi-Unit Franchisee
- 7,048
There are many reasons why you may be thinking of opening your own fitness business. Maybe you want to be your own boss because you’re tired of working for someone else or need more flexibility.
- Emma Pearson
- 19,154
Previously, we discussed franchising without any financial partners. Today we look at ways for entrepreneurs without their own capital resources to get into the game.
- Eddy Goldberg
- 20,752
Tracy Bouwens was a stay-at-home mom who never stayed home in Omaha when her discovery of Scooter's Coffee piqued her entrepreneurial instincts.
- Debbie Selinsky
- 8,477
It's in the best interest of multi-unit franchisees and franchisors to work together to resolve any differences that emerge. Be a part of a session that addresses both sides of this issue at the Multi-Unit Franchising Conference in April.
- Kerry Pipes
- 8,207
A new Gecko Hospitality survey looks at why restaurant managers leave their jobs. The findings can help restaurant operators better understand employees and increase their odds of keeping their best talent.
- Multi-Unit Franchisee
- 7,675
To say Tom Garrett has been a busy man since we last profiled him in 2015 would be a gross understatement. When we first met up with Garrett, his Atlanta-based GPS Hospitality company was operating 196 Burger King locations.
- Kerry Pipes
- 10,722
When considering an exit strategy there are four basic ways to leave (or transfer) a business: 1) to heirs or family; 2) to a key employee or team; 3) to an outsider; 4) to no one, by shutting it down.
- Eddy Goldberg
- 15,794
As we near the perpetual end-of-year market ritual of review and predict, we suspect that few strategists called this year's twists and turns in the domestic and geopolitical scenes with any great degree of accuracy.
- Carol M. Schleif
- 8,392
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SPONSORED Open a ZIPS Dry Cleaners FranchiseZIPS, since 1996, began as eight dry cleaners in the Baltimore-Washington, D.C., metro area and has grown to more than 40 stores. Find out more. |
Multi-unit franchisees often need funding to sustain and grow their business operations. Find out how to secure such necessary funding at a session at the Multi-Unit Franchising Conference in April.
- Kerry Pipes
- 8,668
It will always be a fact in business that change is coming. Successful organizations must be willing to consistently innovate and adapt from the top down. Consider these steps to ensure you are tackling the questions of when, why, and how to adapt.
- Champ Rawls
- 8,669
Emily Harrington has spent her life as a high achiever and shows no signs of slowing down.
- Debbie Selinsky
- 9,241
Most entrepreneurs starting a business usually don't place "Develop an exit strategy" high on their priority list. Most business owners nearing retirement wish they had.
- Eddy Goldberg
- 17,112
This past June, the White House announced a program intended to widen the scope of the government's apprenticeship and skills training programs.
- Darrell Johnson
- 8,817
Dunkin' Brands 'Capitalizing on Convenience' With More Than 86 Non-Traditional Locations Now Open Nationwide.
- Multi-Unit Franchisee
- 9,282
Master Franchisee Opens 5th Hwy 55 Burgers, Shakes & Fries in Alabama This Week.
- Multi-Unit Franchisee
- 9,798
There are more types of automotive franchises than there are types of cars. Regardless of the economy, many will always be in demand because people need their cars to be functioning well for a variety of reasons and public transportation in most areas of the United States is very limited.
- Emma Pearson
- 9,095
Franchising is a larger part of the U.S. economy than most people realize.
- Eddy Goldberg
- 16,619
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