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.
Training employees can be challenging for new franchisees who have never operated their own business before. While they come to franchising with many valuable skills, training employees usually is not one of them.
- Eddy Goldberg
- 61,380 Reads 98 Shares
Selecting the winners for our annual Most Valuable Performer (MVP) Awards means analyzing applications submitted on behalf of some of the best multi-unit franchisees in the business.
- Eddy Goldberg
- 10,221 Reads 155 Shares
Dunkin' Donuts Unveils the Future with its 'Next Generation' Concept at Massachusetts Location.
- Multi-Unit Franchisee
- 12,647 Reads 221 Shares
The home services marketplace is estimated to be around $400 billion and there are no signs of its growth slowing down any time soon.
- Emma Pearson
- 14,030 Reads 49 Shares
Former Planet Fitness Multi-Unit Operator Signs on for 10 Crunch Locations in the Southeast.
- Multi-Unit Franchisee
- 7,852 Reads 11 Shares
One of the challenges new franchisees face begins soon after the franchise agreement is signed: hiring and training employees. The success of each franchised unit depends on the quality and behavior of its employees.
- Eddy Goldberg
- 68,819 Reads 88 Shares
We are finally entering a cycle of higher inflation expectations. Is that good for franchising? That's not a trivial question as it can significantly affect unit performance and expansion decisions.
- Darrell Johnson
- 9,428 Reads 48 Shares
Generational Shifts By Gen Zers, Millennials, and Baby Boomers Impacting Restaurant and Foodservice Sectors.
- Multi-Unit Franchisee
- 8,565 Reads 31 Shares
Do You Know How to Project What Capital Requirements You'll Need to Accurately Fund and Meet your Growth and Development Schedule?
- Kendall Rawls
- 6,372 Reads 12 Shares
If you are chomping at the bit to become your own boss by investing in an automotive franchise, now is certainly a good time to do so.
- Emma Pearson
- 17,831 Reads 9 Shares
Previously, we discussed how you can tap into the rich marketing resources provided by 1) your franchisor, and 2) your fellow franchisees.
- Eddy Goldberg
- 90,718 Reads 25 Shares
So you want to get financing to grow your business. What does your bank want from you in your loan proposal?
- Rod Bristol
- 7,177 Reads 18 Shares
New Research Explores Consumer Dining Habits and Motivators Changing the Way Diners Engage with Foodservice.
- Multi-Unit Franchisee
- 5,422 Reads 11 Shares
Study Finds Restaurant Sales Up Slightly in June But Store Traffic in Decline.
- Multi-Unit Franchisee
- 4,286 Reads 3 Shares
At Franchise Update Media we have made it our business for more than three decades to be the premier authority and resource for franchise information, education, and opportunities. Through our two magazines, three conferences, four newsletters, and content-rich website, we continue to bring timely, relevant, and useful news and information to franchisees, franchisors, and opportunity seekers.
- Eddy Goldberg
- 5,492 Reads 4 Shares
An international presence can add prestige to a brand, instill pride in employees and franchisees, and add to a company's bottom line. For franchisors going international, selecting the right markets and franchisees will greatly improve their chances of success. If not carried out correctly, however, this can also be a costly drain on a company's time, energy, and money.
- Kay Ainsley
- 4,131 Reads 3 Shares
Previously, we discussed the importance of marketing to succeed in your franchise business. In this article, we dig into specific tactics, resources, and suggestions for attracting and retaining customers.
- Eddy Goldberg
- 57,232 Reads 46 Shares
Fast-growing ZIPS Dry Cleaners often draws comparisons to Planet Fitness for shaking up an industry with a same-day, one-price model.
- Helen Bond
- 9,245 Reads 12 Shares
By now, bitcoin has become a household word. The idea of a digital, unregulated "cryptocurrency" elicits strong responses. Some have heralded bitcoin as revolutionary. Others, such as JPMorgan Chase CEO Jamie Dimon, denounced it as a "fraud." But in January of this year, Dimon walked that comment back, and declared, “The blockchain is real.” Why the change?
- Joyce Mazero and William Sentell
- 21,455 Reads 25 Shares
Multi-unit El Pollo Loco franchisee opens the brand's first location in Santa Rosa, California.
- Multi-Unit Franchisee
- 9,317 Reads 13 Shares
If you have to ask yourself if you're difficult to work for than you probably are. How to overcome ego-driven leadership problems.
- Dan Iosue
- 5,743 Reads 40 Shares
If you love animals, enjoy working with people, and would like to be your own boss, investing in a pet franchise can be a fulfilling, enjoyable, and financially rewarding career. You’ll be helping both animals and their owners while doing something you enjoy tremendously.
- Emma Pearson
- 18,818 Reads 33 Shares
The marketing skills you'll need to grow your franchise business vary with the type of business you're in – as well as where and how you do business. Food, retail, and service businesses each require different marketing skills; storefront, mobile, and home-based businesses mean different approaches to finding customers; and the ways to attract customers are not the same for different industries or sectors (restaurants, senior care, or home repair service, for example).
- Eddy Goldberg
- 26,008 Reads 18 Shares
Kamal Singh worked as a cashier at McDonald's, delivered sub sandwiches, opened his own Lenny's Subs shop, began adding other franchise brands.
- Kerry Pipes
- 11,303 Reads 25 Shares
Arizona-Based Arby's Multi-Unit Operator Opening Brand's First New 'Fast-Crafted Style' Restaurant in Tucson Area.
- Kerry Pipes
- 8,338 Reads 24 Shares
Two NFL Players Team Up To Bring Additional Jamba Juice Locations to Washington, DC Market
- Kerry Pipes
- 4,490 Reads 11 Shares
China is hot, as is much of Asia. So is Latin America. Hot for what? For expansion-minded U.S. franchise brands seeking growth opportunities. In a trend that accelerated with the onset of the Great Recession, U.S. franchisors have been looking overseas with greater focus for the past three-plus years.
- Eddy Goldberg
- 27,037 Reads 35 Shares
How many times have you heard, "A smile is free. It costs absolutely nothing to give but can mean the world to the person who receives it?"
- John DiJulius
- 7,998 Reads 34 Shares
Now may be the ideal time to invest in a home services franchise for multiple reasons. Spending on home renovations and repairs is expected to stay strong according to the Leading Indicator of Remodeling Activity (LIRA) report by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
- Emma Pearson
- 20,848 Reads 119 Shares
Checkers & Rally's Franchisees Turning to Brand's New 'Modular' Design Concept Enabling Them To Build More Quickly and at Lower Cost.
- Multi-Unit Franchisee
- 5,544 Reads 28 Shares
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