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.
How do you know which franchise is right for you? With nearly 3,000 franchise brands available in 75 different industries, the choices can be mind-boggling.
- Eddy Goldberg
- 22,753 Reads 4 Shares
Anand D. (Andy) Patel is the recipient of the 2017 American Dream MVP Award for achieving remarkable success in the U.S. with multiple brands.
- Helen Bond
- 19,782 Reads 143 Shares
North Carolina-based franchise group acquire 64 Sonic locations in Alabama, Tennessee, Virginia, and Georgia.
- Multi-Unit Franchisee
- 11,884 Reads 1,799 Shares
Relationships, lending, operations, and leadership are the key performance indicators that are essential to the success of your operation.
- Kendall Rawls
- 4,703 Reads
You have to spend money to make money. So the old saying goes. In franchising you can spend a lot or a little, and still make money. Once you've decided 1) that you want a franchised business, and 2) what industry segment you'd like to work in (fast food, home repair, pet care, etc.), it's time to determine what you can afford. Your "budget" will limit your choices.
- Eddy Goldberg
- 406,194 Reads 2 Shares
Multi-unit and multi-brand operators continue to grow in both numbers and size--and so does attendance at the Multi-Unit Franchising Conference.
- Eddy Goldberg
- 8,693 Reads 6 Shares
Aaron's Buys Back Stores From Its Largest Franchisee In $140 Million Cash Transaction.
- Multi-Unit Franchisee
- 10,987 Reads 152 Shares
Remodeling Is An Investment That Can Generate More Traffic and Increased Sales Say Multi-Unit Franchisees.
- Multi-Unit Franchisee
- 5,229 Reads 12 Shares
Going into business for yourself is a major life decision. One path is to start your own business or buy an existing one. Another is to choose the franchising model and buy into a proven system with a known brand name. Each path has its own promise, as well as its perils. Once the choice is made, the question becomes what type of business to choose.
- Eddy Goldberg
- 207,265 Reads 210 Shares
Leaders love to talk about revenue streams by showing graphs and charts with the breakdown of sales categories. It is important to know the percentage of sales generated by products or services and to monitor trends, especially the growth and decline of your business revenue.
- John DiJulius
- 14,375 Reads 147 Shares
Three successful multi-unit franchisees talk about how they spot, measure, and retain great employees.
- Multi-Unit Franchisee
- 6,552 Reads 52 Shares
Using a checklist and leveraging experienced sources can help business operators implement strategies, tried and true processes, and procedures that are critical to everyday business.
- Dan Iosue
- 3,621 Reads 3 Shares
Type "franchise" into Google and you’ll get nearly 200 million hits (June 2017) -- a number that keeps growing every year. So what are the best sources? Which can you can trust to provide you with the information you want? Which ones should you avoid?
- Eddy Goldberg
- 49,086 Reads 3 Shares
The new presidential administration wasted no time jumping in, even before Inauguration Day. A steady stream of potential cabinet appointees was ushered in and out of Trump Tower in New York City, accompanied by the most intense media scrutiny we can recall for an incoming administration in recent memory.
- Carol Schleif
- 7,214 Reads 3 Shares
NRD Capital Management Closes its Second Fund. The New $100 Million Fund Will Invest in Restaurant Concepts as Well as New and Emerging Markets Like Healthcare Franchising.
- Multi-Unit Franchisee
- 4,522 Reads 9 Shares
New Study by Technomic Reveals the Latest Trends and Data Outlining Consumers’ Shifting Behaviors and Attitudes Toward Burgers.
- Multi-Unit Franchisee
- 3,417 Reads 5 Shares
There's a good reason the United States is called the Land of Opportunity. The spirit of independence is one of the cornerstones in the nation's founding. That spirit persists today in the world of business, where independent-minded entrepreneurs take the risks and reap the rewards of running their own business.
- Kerry Pipes
- 36,473 Reads 31 Shares
For a very long time, franchisees and franchisors maintained an arm's-length relationship: the franchisee sent the franchisor a sales report and a royalty check each month and the franchisor pretty much left them alone.
- Rod Bristol
- 8,566 Reads 18 Shares
Dinesh Goswami and his partners with AR Pizza, LLC, already successfully operate 47 Popeye's Chicken locations and eight Arby's restaurants.
- Multi-Unit Franchisee
- 5,818 Reads 51 Shares
Contracts between parties have existed for centuries. Before contracts - there were agreements, or what we also call, covenants.
- Doug Howe
- 7,009 Reads 2 Shares
Franchising really began to blossom in the post-war 1950s and 1960s. Franchisors of convenience goods and services seemed to be popping up on every corner. McDonald's, Kentucky Fried Chicken, laundry services, dry cleaners, hotels, and rental car franchises flooded the marketplace.
- Kerry Pipes
- 68,964 Reads 118 Shares
Chelsea Segura signed her first franchise agreement with The Little Gym two months before she graduated from Louisiana State University with a degree in kinesiology.
- Debbie Selinsky
- 17,238 Reads 255 Shares
Qdoba franchisees are banding together to protect the $250 million they have invested in the Mexican food brand by forming the Qdoba Franchisee Association.
- Multi-Unit Franchisee
- 5,438 Reads 6 Shares
We've all had this experience: We see a store or restaurant we'd hoped to visit, but before we commit to going into the building, we're struck by an uneasy feeling.
- Marc Collopy
- 9,796 Reads 27 Shares
Franchising provides benefits for both seller and buyer. For franchisors, the primary benefit is the ability to use other people's money to expand the brand more rapidly than they could either on their own or through investors or lenders.
- Eddy Goldberg
- 277,937 Reads 194 Shares
So you want to build your business by adding another brand? Maybe two? While the ROI must make sense, seasoned multi-brand franchisees say the key to franchise happiness begins with finding the right fit, from values and culture to matching personal and financial goals with the brand’s.
- Helen Bond
- 7,964 Reads 30 Shares
Irish Beef, Inc., buys 8 Arby's Restaurants and Signs a Development Agreement to Open 4 More Restaurants in the Tucson Market in the Next 3 Years.
- Multi-Unit Franchisee
- 9,393 Reads 43 Shares
10 Ways To Solve the Puzzle of Building Enterprise Value and Long-term Sustainable Success for Your Business.
- Doug Howe
- 9,943 Reads 12 Shares
Franchising is a business model that combines the best aspects of sole proprietorship and Corporate America. It can be described as a "hybrid" model that fills the gap between working for somebody else (whether a large corporation or a small business) and working for yourself.
- Eddy Goldberg
- 600,827 Reads 272 Shares
George Tinsley has been a part of Kentucky Fried Chicken/KFC for more than three decades, so long that he had the opportunity to work alongside the brand's now-legendary founder, Harland "Colonel" Sanders, for three years.
- Kerry Pipes
- 16,923 Reads 197 Shares
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