The Franchise Business Economic Outlook report projects that the franchise sector will grow faster than the overall economy next year. That’s important information for entrepreneurs and small [...]
When running a franchise, you have plenty to consider: finance, operations, marketing, tech, the list goes on. But more important than anything else is how you lead your franchise. This is what [...]
Before your franchise starts to grow, having a strong foundation on what you want your brand image to communicate should be in place. A franchise’s brand image is very important in developing a [...]
As a small business owner, it’s worth considering franchising for rapid growth. There’s less capital involved, greater speed to market, and less risk involved for the franchisor. If you’re [...]
When it’s time to get serious about forming a franchise, one of the final steps is creating the Franchise Disclosure Document, or FDD. Definition Franchise Disclosure Document (FDD): The legal [...]
If your small business has already established a strong brand name and identity, then it’s time to look at the possibilities of expansion. Owning a franchise not only benefits the franchisee, but [...]
Franchising involves the sale by a business operator (the franchisor) to an individual or group (the franchisee) of the right to offer, sell, or distribute goods or services under the [...]