Franchise

Franchise

Franchising is a business opportunity that's somewhere between buying an existing business and launching a startup in terms of creativity, independence and risk. A franchisee buys a license from a franchisor to be a dealer of that business model. The owner of the franchise sells a product or service through its franchisees.

In exchange for an initial set-up fee and a monthly payment, the franchisor provides the franchisee a business model, marketing supplies, staff-training assistance, managerial consulting and a pre-existing supply chain. Also, the franchisee benefits from the franchisor's economies of scale, receiving access to prices that a business owner may not otherwise get running a single shop.

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News and Articles About Franchise

How to Spot the Ideal Franchise Opportunity for You

How to Spot the Ideal Franchise Opportunity for You

No franchise is perfect, but some can come pretty close -- you just have to go in with your eyes open.
Why Early Adopters Will Win the Franchise Game

Why Early Adopters Will Win the Franchise Game

A 'don't-rock-the-boat' strategy is no longer an acceptable option.
Franchise Players: I Grew My Business Through Co-Branding

Franchise Players: I Grew My Business Through Co-Branding

Richard Helmey was grew his printing business by co-branding with FASTSIGNS. Here's how.
The Weirdest Fast-Food Mashups in America

The Weirdest Fast-Food Mashups in America

X plus Y equals fast-food mega sales? From Doritos Locos Tacos to the Pizza Cake, bizarre food concoctions are appearing on menus across the nation.
Survey: McDonald's Has the Worst Burger in America

Survey: McDonald's Has the Worst Burger in America

In the battle of the chain restaurants, Consumer Reports found that customers were sick of many of fast food mega-chains' specialties.
Franchise Players: Why You Need to Find a Mentor

Franchise Players: Why You Need to Find a Mentor

Franchising provided Jasen Lawrence with mentors with direct experience and expertise in his business.
Winning is Simpler When You Don't Complicate Things

Winning is Simpler When You Don't Complicate Things

If you're not getting the results you want and feel like your business is in a slump, you've probably just gotten away from your fundamentals.
U.S.A.-Belgium World Cup Game Sparks a Waffle War

U.S.A.-Belgium World Cup Game Sparks a Waffle War

Restaurant chains Waffle House and Bojangles are encouraging U.S. fans to boycott Belgian waffles to support the USA World Cup team.
Franchise Players: Never Let a Customer Leave Unhappy

Franchise Players: Never Let a Customer Leave Unhappy

The key to this husband-wife duo's business? Realizing clients are the most important form of advertising.
Franchise Players: Creating Collaboration, Not Competition, Within a Franchise

Franchise Players: Creating Collaboration, Not Competition, Within a Franchise

Chad Piepenburg's job is more than running his own Smoothie Factory location. It's also working to help other franchisees succeed.
Cupcake Chain Crumbs Delisted From Nasdaq

Cupcake Chain Crumbs Delisted From Nasdaq

The largest cupcake chain in the U.S. is set to delist, after failing to meet stockholder equity requirement.
Franchise Players: 'Cupcake Wars' Champ Takes on Franchising

Franchise Players: 'Cupcake Wars' Champ Takes on Franchising

After helping Sweet Arleen's win its third challenge on the Food Network show 'Cupcake Wars,' the cupcake chain's front-of-house manager opened a franchise of his own.
Franchise Players: A Firefighting Salsa Dancer Finds Flexibility as a Franchisee

Franchise Players: A Firefighting Salsa Dancer Finds Flexibility as a Franchisee

Franchising gave Alex Lee the flexibility to keep working as a firefighter and competing as a salsa dancer.
Franchise Players: These Animal Lovers Founded a Luxury Hotel for Dogs

Franchise Players: These Animal Lovers Founded a Luxury Hotel for Dogs

The Parker brothers turned a life-long love of animals into a business, opening K-9 Resorts.
The 5 Basics of Guerilla Marketing

The 5 Basics of Guerilla Marketing

The scoop on guerilla marketing: what it is and how it can help you grow your business.
Fresh Out of College, This Gym Rat Became a Fitness Franchisee

Fresh Out of College, This Gym Rat Became a Fitness Franchisee

Get tips on getting your business in shape from this 24-year-old GYMGUYZ franchisee.
Success Secrets From the Entrepreneur Behind a Billion-Dollar Business Who Started Out as a Dishwasher

Success Secrets From the Entrepreneur Behind a Billion-Dollar Business Who Started Out as a Dishwasher

John Schnatter, the founder of Papa John's, reflects on launching a successful business, hiring the right people and making mistakes.
Franchise Players: Why We Chose to Open an Insurance Franchise

Franchise Players: Why We Chose to Open an Insurance Franchise

This couple didn't have experience in insurance when they opened their Brightway franchise, but together, they were able to overcome their challenges.
Thinking About Becoming a Franchisee? Your Burning Questions Answered

Thinking About Becoming a Franchisee? Your Burning Questions Answered

In this Google Hangout, Joe Prusha, an Erbert & Gerbert's franchisee, reveals his franchising secrets.
Franchise Players: After the Military, a Couple Finds a Career in Franchising

Franchise Players: After the Military, a Couple Finds a Career in Franchising

Charles Fisher discovered Massage Envy Spa while heading home from serving in Iraq. The rest is franchising history.
Franchise Players: Helping Her Son Brought This Mother to Franchising

Franchise Players: Helping Her Son Brought This Mother to Franchising

Kristel Thomas was willing to do whatever it took to help her son and other kids overcome their neurological challenges. It led to her becoming a franchisee.
Franchise Players: A Dad Finds Flexibility in Franchising

Franchise Players: A Dad Finds Flexibility in Franchising

As his children's primary caregiver, franchising gives Rick Werner the flexibility he needs to be a present father.
Franchise Players: A 'Fatherpreneur' on Incorporating Family Into Your Business

Franchise Players: A 'Fatherpreneur' on Incorporating Family Into Your Business

As a Tutor Doctor franchisee, Chris Lien's career priorities align with his family priorities.
Potential Franchisees: The Right Way to Ask 'How Much Money Can I Make?'

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.
Franchisees Take Action Against Seattle's Minimum Wage Law

Franchisees Take Action Against Seattle's Minimum Wage Law

Outraged that the new law holds them to stricter rules than small-business owners, franchise owners are fighting back with a lawsuit and full-page ad in the 'Seattle Times.'
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