Franchise Opportunities

News and Articles About Franchise Opportunities

10 Questions to Ask When Franchising Your Business
Franchising Your Business

10 Questions to Ask When Franchising Your Business

From startup costs to legal docs, to vetting franchisees, here's what you need to know before putting your brand in someone else's hands.
Kim Lachance Shandrow
More Than 200 Franchise Opportunities for Less Than $50,000
Franchise Opportunities

More Than 200 Franchise Opportunities for Less Than $50,000

Don't let cost prohibit you from owning a franchise. Check out these options.
Tracy Stapp Herold
From Wall Street to Main Street: This Franchisee Is Generating Profits in a Whole New Way
Franchise Players

From Wall Street to Main Street: This Franchisee Is Generating Profits in a Whole New Way

Robert Shingleton moved from a $2 billion arbitrage portfolio to ownership of 14 sub sandwich restaurants, and he hasn't looked back.
Entrepreneur Staff
5 Things You Must Know About Franchising -- But That You Won't Find Online
Franchises

5 Things You Must Know About Franchising -- But That You Won't Find Online

In order to get a full, three-dimensional view of which business is right for you, you'll have to look beyond the Internet.
Anna Wilds
5 Key Franchise Ownership Trends in 2015
Starting a Franchise Business

5 Key Franchise Ownership Trends in 2015

Why "become your own boss" looks better than ever.
Rick Bisio
The Pros and Cons of Owning a Franchise
Franchise Opportunities

The Pros and Cons of Owning a Franchise

Don't be fooled -- buying a franchise isn't for everyone.
Joel Libava
To Find the Right Franchise, Test Drive More Than One
Franchise Opportunities

To Find the Right Franchise, Test Drive More Than One

Selecting a franchise is an enormous decision. Take a look at several, and consider your own skills and goals, before choosing.
Rick Bisio
Franchise Opportunities

11 Ways To Use LinkedIn To Boost Franchise Development

LinkedIn, where employers and job seekers find each other, is just as good for people seeking entrepreneurial opportunity.
Matthew Job
How a Former Denny's Waitress Amassed an Empire of Over 75 Denny's Locations
Success Stories

How a Former Denny's Waitress Amassed an Empire of Over 75 Denny's Locations

At age 16, Dawn Lafreeda began working at Denny's as a hostess. Three decades later, she's the largest single-owner franchisee in the system.
Potential Franchisees: The Right Way to Ask 'How Much Money Can I Make?'
Franchise Opportunities

Potential Franchisees: The Right Way to Ask 'How Much Money Can I Make?'

There's a right and wrong way to ask how much money your potential franchise could earn when researching becoming a franchisee.
Joel Libava
Millennials Casting for Careers Should Consider Franchises
Millenials

Millennials Casting for Careers Should Consider Franchises

Franchises are a quick route to an established business. Energetic millennials are good candidates for business ownership but only if the fit is right
Paul Segreto
Avoid These 3 Simple Mistakes When Buying a Franchise
Franchises

Avoid These 3 Simple Mistakes When Buying a Franchise

Owning a franchise can provide you the lifestyle, income and work balance you desire, but you need to be careful, as some opportunities are better than others.
Dan Duffy
5 Tips for Finding the Perfect Franchise
Franchises

5 Tips for Finding the Perfect Franchise

With dissatisfying careers and back-to-back layoffs, many people are choosing to take control of their personal and professional future by exploring franchise opportunities. Consider these five tips when looking at franchises.
Paul Segreto
Why 'Captain America' Types Make the Best Franchisees
Franchises

Why 'Captain America' Types Make the Best Franchisees

Not everyone has the personality to be a franchisee. Here's what you should know before you make the jump.
Joe Prusha
Franchise Opportunities

Franchising extends beyond Subway and McDonald's. There are nearly countless varieties of franchises available for entrepreneurs to buy, including some in some surprising industries. For example, franchise hotels, fitness centers, hair salons, auto-repair shops, convenience stores, tax-preparation services and cleaning services join the most well-known, name-brand quick-serve restaurants in the top 25 spots of the most recent Franchise 500 list from Entrepreneur.

Once you have determined that franchising is the best fit for your entrepreneurial appetite, it can be overwhelming to try to determine which brand is the best fit for you. Selecting a franchise operation often requires thorough and intensive research. Examine the franchise agreements, financial statements of the franchisor, earnings statements or sample profit-and-loss statements from a franchisee, trade-area surveys, public perception of the franchise and news stories in the local and national press about the brand. Also, have a clear understanding of what the franchisor considers proprietary and requires the business owner to purchase from it directly. 

 

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