For many people around the country, owning a franchise is more than a business opportunity. For them, it’s a way to achieve financial independence and get a slice of the American dream. Owning a franchise and running it on a day-to-day basis isn’t the only way to get...
Investing in a business, whether it’s a franchise or a single, locally owned and operated business, requires a large chunk of change. It’s not something to take lightly. Just because the investor is purchasing an existing business does not mean that it’s guaranteed to...
The International Franchise Association comes out with its Franchise Business Outlook every year. The aim is to give an early indication of how well franchising in general and particular franchise industries are going to fare in the larger economy due to factors like...
The world of franchise ownership is unique, and even individuals who are knowledgeable about business don’t always understand franchises. As an individual experienced in the day-to-day operations or ownership of a franchise, you have a set of skills and knowledge that...
Did you know that there are just under one million franchise names operating throughout the United States? These companies employ millions of people and contribute billions of dollars to the economy. Thus, it should come as no surprise that for every person who owns a...
Since franchise brokers assist both buyers and sellers in the process of purchasing an established business, you can probably already tell that people skills, business experience and sales acumen will give you a huge leg up when you want to become a franchise broker....
Should You Open Your Own Business Brokerage Office? If you're considering taking the leap from solo business broker to office owner, there are a few key considerations to keep in mind. Launching your own office means shifting from simply closing deals yourself to...
A few years ago, PricewaterhouseCoopers ran a study that looked at the scope of the franchise industry in the United States and franchises’ economic contribution to the overall economy. The results are pretty surprising. According to the Franchise Business Economic...
A keen business sense is hard to come by, not to mention a strong background in business. If you have both of these and are looking to leverage your skills in a way that is potentially rewarding and fulfilling, you may want to consider going into franchise business...
