Top 10 Franchises to Open in 2018

With over 4000 Franchises to choose from it is easy to become overloaded with information on the internet. So we created this article to help you narrow the field a bit. Before we talk about the top Franchises to open in 2018 let's first discuss, What is a franchise? A franchise is a type of business that allows other people to use their business model, advertising, and branding materials…

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Why do Franchises Fail?

Why do franchises fail? Before answering this question, let's first review what a franchise is. A franchise is simply a way that businesses decide to expand their business via a licensing agreement. A franchise is made up out of two type of people, the franchiser(s) and the franchisee(s). In exchange for a franchise fee and/or royalty fee the franchisee receives from the franchiser a proven business model, predetermined products…

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How to Open a Franchise

How do I open a franchise? Before we answer this question, let's first define what a franchise is. According to google, a franchise is "an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, e.g., providing a service or acting as an agent for a company's products." Basically, in plain English this means that a franchise is any…

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4 Traits Successful Franchise Owners Share

There are over 750,000 franchise units operating in the United States from over 4000 different Franchise companies. That is A LOT of Franchise owners. That got me thinking, What do successful franchise owners have in common with one another? Here are 4 things we have found over the past 18 years that most successful franchise owners have in common: 1. Ability to follow a proven system & process You…

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Selecting the right Franchise to open

There are many things to consider when you are thinking about opening a Franchise business in your area. What is the best franchise to open? How much do franchises cost to start? What is the return on investment for a Franchise business? Purchasing a franchise is like any other investment: it comes with risk. When you consider a particular franchise, think about demand for the products or services it…

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What to look for in a new Franchise

Want to buy a franchise opportunity? Great idea! Here is a high-level overview on what to look for: Operating History - A long history of success is the #1 thing to look for. If many other franchisees have been successful over the years, your chances are probably pretty good that you will be successful too. Location, location, location - Investigate the territory rights. Make sure that your site selection…

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So you want to open a Franchise?

Franchising is a great way to build a business. A good Franchise can help you get it right without having to get it all wrong first. Here is an article on how to open a Franchise. 1. What is Franchising? A franchise is an expansion model where the creator of a business licenses or allows you to use their trademarks & system of operation. The franchise agreement governs the…

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5 benefits of working with a Franchise Consultant

Most people don't know what a Franchise Consultant is or how it works. A Franchise Consultant is someone that helps you find a Franchise that matches up to what you want. With over 4000 different franchise companies out there and tons of information on the internet, it is easy to get overloaded with trying to research different Franchises. Here are 5 benefits of working with a Franchise Consultant: -…

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How Does It Work?

Our Franchise Matchmaking service is free to you. You don't pay anything extra for our service. We are compensated directly from the Franchise companies. You pay the same price for the franchise, there are no added costs. We are paid like an executive recruiter. Think of us as the eHarmony of the Franchise world. We are Franchise matchmakers. What are the steps in the Franchise Matchmaking Process? 1. Initial…

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How Franchises Work?

Thinking about starting your own franchise business? Want to know how Franchises work? This article should give you the basics on how franchising works. A Franchise is a system of operation that follows a proven business model. There are over 3000 Franchise companies across 100 categories. Many people think that food franchises are the only businesses that are available, however food franchises only account for about 8% of all…

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