Franchising is an excellent opportunity to be your own boss, but with the support and backing of an established system, community and brand. But it’s not for everyone. Find out if franchising is right for you.
Multi-unit franchising has become an attractive option for small business entrepreneurs, especially those focused on expanding their operation and building their own “mini empires.”
If you are a tenacious person with a strong vision and a desire to delight customers, small business ownership might be right for you and what better way to get going than exploring buying a franchise.
Ready to get serious about entrepreneurship? Learn more about what it takes to succeed as a franchise owner.
Asking a franchisor the right questions in the right way is critical to learning more about your top brands during the validation process. Keep in mind that becoming a franchisee is the start of a long-term commitment and relationship.
As you narrow your search for the right franchise, be sure to reach out to franchise owners at your tops contenders. Current franchisees are often the best sources for unbiased and unfiltered information and can help you validate or invalidate the franchises you are considering.
Excited about buying your first, second or third franchise? It’s time to start planning.
Discovery Day is an important step in the buying process, marking the end of the pre-sales journey for most franchise owners. The event allows you, the invited franchise candidate, to get a true feel for the franchise company you're interested in.
Franchisors are required to include a significant amount of information in their Franchise Disclosure Document (FDD) What’s NOT included? Overt reporting on the health of the franchisor-franchisee relationship and franchisee satisfaction.
Exploring franchise opportunities and opening your own business is an exciting event for most entrepreneurs. It can also feel overwhelming at times. Our goal at Franchise Business Review is to provide you with the tools and resources you need to make the process as easy as possible, and help you make an educated franchise investment.
Congrats! You’ve taken the leap into franchise ownership. Now the real work begins. Here you’ll find resources on growing your business.
In addition to single unit franchise ownership, there are other models such as sub franchising and area development that can allow a franchisee to control a larger territory and bring in additional revenue streams.
Find out what you need to know about transferring a franchise business. And, learn why it's so important to consider your exit plan before you even invest in your first franchise.