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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
  • 205,711 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
  • 14,069 Reads 147 Shares
Three successful multi-unit franchisees talk about how they spot, measure, and retain great employees.
  • Multi-Unit Franchisee
  • 6,342 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
  • 3,539 Reads 3 Shares
How Anytime Fitness and Waxing the City's CMO uses technology to connect with customers
  • Meredith Jurek
  • 6,973 Reads 578 Shares
Social media marketing news you can use. This week: 1) P&G demands more accountability and transparency from digital media; 2) the chatbots are coming - are you ready?; 3) study finds there are only 4 types of Facebook users; and 4) Moe's takes on Chipotle in the "queso wars"
  • Eddy Goldberg
  • 2,721 Reads 2 Shares
Mark Davis acquired a small restoration company called Rocky Mountain Catastrophe in Denver in 1996. He was just 27 and didn't know anything about the restoration industry.
  • Kerry Pipes
  • 6,309 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
  • 48,050 Reads 26 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
  • 7,027 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
  • 4,360 Reads 9 Shares
New Study by Technomic Reveals the Latest Trends and Data Outlining Consumers’ Shifting Behaviors and Attitudes Toward Burgers.
  • Multi-Unit Franchisee
  • 3,287 Reads 5 Shares
Wienerschnitzel
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Franchise Business Review surveys the satisfaction level of low-cost franchisees
  • Franchise Business Review
  • 2,610 Reads 3 Shares
So many good things are happening so quickly in franchising these days, it's hard to keep up (even for us!). So welcome to "Good News!" - our monthly roundup of franchise growth, finance, international expansion, milestones, and other positive news from franchisors large, medium, and emerging.
  • Eddy Goldberg
  • 4,134 Reads 2 Shares
These five "big picture" customer service lessons, observations, and accompanying advice may not qualify as future deathbed regrets for many CEOs, but they should.
  • John DiJulius
  • 4,089 Reads 15 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
  • 35,743 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
  • 8,394 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
  • 5,604 Reads 51 Shares
Contracts between parties have existed for centuries. Before contracts - there were agreements, or what we also call, covenants.
  • Doug Howe
  • 6,798 Reads 2 Shares
How Winmark's director of marketing uses technology to connect with customers
  • Franchise Update
  • 3,894 Reads 1 Shares
Social media marketing news you can use. This week: 1) Online campaigns to attack brands are increasing; 2) Measuring the effectiveness of paid advertising; 3) Tracking and engaging with the mobile generation; 4) New insights now possible from in-app advertising.
  • Eddy Goldberg
  • 2,860 Reads
Eric Casaburi, founder and CEO of Retro Fitness, has an open and transparent style. He also likes to lie on a bed of nails daily to meditate, relieve stress, and, he says, help improve his decision-making.
  • Kerry Pipes
  • 18,860 Reads 78 Shares
Dogtopia
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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
  • 67,396 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
  • 16,944 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
  • 5,164 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
  • 9,515 Reads 27 Shares
TA Restaurant Group rejuvenates Quaker Steak & Lube
  • John Ponczoch
  • 5,414 Reads 1 Shares
Using "big data" to recruit franchisees at Driven Brands
  • Dave Schaefers
  • 3,984 Reads 3 Shares
The data available through today's manifold third-party resources and related technologies is now required to inform and guide our decisions at every step of the lifecycle of our franchise owners.
  • 5,660 Reads 14 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
  • 275,447 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
  • 7,684 Reads 30 Shares
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