Types of Franchises

What kinds of Franchises are there? What's the difference? Before we answer this question, let's quickly review what a franchise actually is. In plain English, a franchise is a business that is expanded through a licensing relationship. A franchise is made up of two parts. The Franchisor and the Franchisee. The Franchisor (the original business owner) provides the Franchisees (the other owners that are buying into the business) with concepts,…

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5 Myths about Franchising

What is a franchise? According to business-law.freeadvice.com, "A franchise business is a business in which the owners, or "franchisors", sell the rights to their business logo, name, and model to third party retail outlets, owned by independent, third party operators, called "franchisees"'.This basically means that a franchise is a business that allows other people to invest in their concepts and ideas, and try them in their own area. When…

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7 Reasons Starting a Franchise is Better than Going Alone

With hundreds of thousands currently in business right now, franchises are everywhere and can be found across the globe. With so many successful franchise companies, there has to be some pretty significant advantages to owning a Franchise. After some research, our team compiled a quick and easy list of some of the biggest benefits. Here are 7 reasons why starting a franchise is better than going alone.The first reason…

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How much does it cost to open a Franchise?

How much does it cost to open a Franchise? Before we answer this question, let’s review what a franchise is. A franchise is a type of business that allows interested investors to purchase the right to use same the brand, advertising methods, and business model from another business. Typically, the investor will pay a one-time franchise fee and some kind of royalty or fee over time to become a…

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What is the Best Franchise?

First off, let’s identify what a Franchise is. A franchise is a business that you can buy that allows you to use the pre-established business model and products or services. By paying a fee to the franchisor (the owner of the license for the business model and products of the franchise), you are purchasing a license from the franchisor that allows you to open a franchise with the provided…

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What is the Best Franchise?
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7 Reasons to Use a Franchise Consultant

If you were to ask a random person on the street, "What's a Franchise Consultant?" chances are, they wouldn't know. In case you're one of those people:A franchise consultant is a professional business person who knows everything franchise, and helps potential business owners find a franchise that suits them.If you don’t know what a franchise is, or the benefits to owning one, take a few minutes and visit my article on…

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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 and services,…

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Assisted Living Locators Franchise Receives Ranking in Entrepreneur’s 2017 Top Franchises for Veterans

Assisted Living Locators recently announced that it received ranking in Entrepreneur's "2017 Top Franchises for Veterans." In celebration of Veteran's Day, Entrepreneur developed a ranking of 150 top franchises for veterans, taking into account each company's veteran incentive, how veteran franchisees are attracted to and supported by the company, and how each company scored in the magazine's 2017 "Franchise 500" list. Recognized by entrepreneurs and franchisors as a top…

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Senior Helpers Franchise Wins 2017 Caregiver Friendly Award

Senior Helpers, the nation's premier provider of in-home senior care, recently announced it has been selected to receive the 2017 Caregiver Friendly® Award by Today's Caregiver, the first national magazine for all family and professional caregivers. The Caregiver Friendly® Awards are designed to celebrate products, services, books and media created with the needs of caregivers in mind. "Being a family caregiver is an extremely challenging job—balancing work, life and…

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911 Restoration Franchise Pushes to the Top with 230% Growth

PR.com The past decade has made 911 Restoration confident that their proven business concept and is ready to reach a whole new level. They have over 150 territories currently operating throughout United States and Canada, finding themselves in a secure position in the industry. In the past twelve months 911 Restoration have experienced an outstanding 230% increase in franchise growth, which demonstrates their ability to succeed in the market.…

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