Real Estate
Finding the best real estate for your franchise is challenging and competitive, whether building anew or remodelling an existing location. Site selection is complicated and “A” locations are both hard to come by and expensive. Using a real estate broker to help find the optimal sites and negotiate the best contract is common practice. Seek legal advice to ensure you’re receiving the optimum tenant improvements and landlord benefits.
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The First Step In Preparing For A Business Sale Is To Sort Out The Financials And Real Estate.
- Carty Davis
- 5,186 Reads 5 Shares
Real estate pros discuss how they select the best sites for franchisee success.
- Sara Wykes
- 7,272 Reads 18 Shares
Real Estate Alternatives When Short-Term Liquidity Is Needed.
- Carty Davis
- 3,414 Reads 7 Shares
International franchising pros provide their thoughts on real estate conditions around the world.
- William Edwards
- 4,992 Reads 4 Shares
Effective Site Selection Requires Franchisees To Make Use Of All Resources And Tools And Focus On Systemizing The Real Estate Process.
- 3,875 Reads 15 Shares
Dramatic changes at U.S. shopping malls present new opportunities for franchise brands.
- Carl Jenkins
- 4,955 Reads 14 Shares
Tight urban real estate has franchisors looking into rural, tertiary markets.
- Carl Jenkins
- 3,974 Reads 25 Shares
Experts Say Combining Brokers And Big Data Tools Can Help Uncover The Best Real Estate Options.
- Multi-Unit Franchisee
- 4,331 Reads 6 Shares
Franchisee Talks About How Important It Is To Stay Aware Of Changes In The Market When Contemplating Leasing Or Purchasing Property.
- Multi-Unit Franchisee
- 3,186 Reads 7 Shares
Franchisee Says Brokers Are An Important Part Of The Decision When Contemplating Leasing Or Purchasing Property.
- Multi-Unit Franchisee
- 3,193 Reads 11 Shares
Franchisees Explain The Factors They Take Into Considering When Contemplating Leasing Or Purchasing Property.
- Multi-Unit Franchisee
- 4,537 Reads 10 Shares
Franchisee Talks About the Importance of Using A Sophisticated And Comprehensive Set Of Data And Criteria To Evaluate Sites.
- Sara Wykes
- 4,687 Reads 27 Shares
You Need A Full Understanding Of Residential And Workplace Population Characteristics Before Choosing A New Location.
- Multi-Unit Franchisee
- 3,318 Reads 6 Shares
How Customer Analytics Software Can Help Franchisees Identify Good Markets And Locations For Expansion.
- Multi-Unit Franchisee
- 4,042 Reads 10 Shares
6 critical lease provisions your franchisees should negotiate or avoid.
- Karen Abrams
- 9,996 Reads 57 Shares
Trouble finding the best location? Advice and experience from these experts is bound to help.
- Sara Wykes
- 7,110 Reads 72 Shares
Family-run franchise operations can offer a blessing, or a curse. An example of the blessing would be the close relationships and high degree of trust that exists in many families.
- Kerry Pipes
- 38,628 Reads 15 Shares
One of the greatest motivators for entrepreneurs is to be their own boss, make their own decisions, and control their destiny.
- Eddy Goldberg
- 24,909 Reads 13 Shares
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
- 36,970 Reads 3 Shares
It's always a great time to get into franchising. Yet for entrepreneurs seeking to start and build their own business, some times are better than others to consider franchising as the vehicle for attaining their personal and business goals.
- Eddy Goldberg
- 28,753 Reads 58 Shares
We ended our previous discussion of service concepts with the point that many of these businesses are based on customers making the choice to trade money (surplus) for time (deficit). The example we used was maid services, where time-starved customers spend money to buy time they can spend with their family and friends.
- Eddy Goldberg
- 40,702 Reads 1 Shares
One of the best ways for a new franchisee to get in on the action in franchising is by choosing a nontraditional location. Why? For starters, try reduced franchise fees, lower overall startup costs, smaller real estate fees (none for kiosks!), fewer employees, and for some, the option of beginning part-time.
- Eddy Goldberg
- 60,576 Reads 49 Shares
Finding the best site for your new franchise unit (assuming your brand is not mobile or home-based) is a critical decision, one that should be based on the cold, hard facts: the numbers.
- Eddy Goldberg
- 46,107 Reads 9 Shares
Finding the best location for your brick-and-mortar unit takes teamwork and time to get it right for long-term success
- Eddy Goldberg
- 34,626 Reads 2 Shares
After years of easy money for financing a franchise (or anything else for that matter), capital available for starting and growing a business shrank considerably as the U.S. and global economies began to feel the first stirrings of the subprime lending meltdown and ensuing economic recession.
- Eddy Goldberg
- 60,932 Reads 18 Shares
Improve your site selection with data and analytics
- Jeff Sturgis
- 6,197 Reads 46 Shares
You've decided that franchising is right for you. You've done the research, you've narrowed down the categories and sectors that you think would best match your skill set; perhaps you've even picked a brand you'd like to join.
- Kerry Pipes
- 57,607 Reads 9 Shares
Franchising has matured since Ray Kroc opened his first McDonald's in 1955 in Des Plaines, Illinois. First-day sales at that restaurant were $316.12. In 2016, McDonald's annual sales topped $24.6 billion at nearly 37,000 restaurants in more than 120 countries -- with about 84 percent of those stores owned by franchisees. Daily sales per franchised store today? You do the math!
- Eddy Goldberg
- 95,945 Reads 232 Shares
Home-based franchise businesses appeal to entrepreneurs for many good reasons. For some, it provides a relief from the daily commute. For others it represents a break from the corporate rat race. For still others it means a chance to follow their passion and do what they love. But for all, it's a chance to take control of their financial future and build a business of their own.
- By: Eddy Goldberg
- 25,494 Reads 1 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
- 208,041 Reads 210 Shares
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