Articles
Franchise Models Explained — How to Choose the Right One for Your Goals
If you're new to franchising, the abundance of information can seem overwhelming. How do you know where to start? You may have a generalized understanding of franchising, but part of performing due diligence means moving beyond the general and getting into the nitty...
Think Twice About ‘Ick’ Franchises — The Surprising Benefits of Service-Based Businesses
When you hear the term "franchising," very few people picture a glamorous lifestyle. Fast food? Cleaning services? Home care? No, thank you. Often there's apprehension or hesitancy associated with that all-powerful "ick" factor. Long before entering the world of...
How Franchising Can Alleviate Entrepreneurial Imposter Syndrome
About eight years ago, I finally decided enough was enough — enough red tape, enough bureaucracy, enough of not feeling like my efforts aligned with my professional success. As much as I was ready for a change and knew what I'd be walking away from, I wasn't sure what...
How to Spot These 4 Major Red Flags Before Buying a Franchise
We all know that in every industry, there are good, strong, well-managed companies, and then there are some … not so good companies. This is also true in the world of franchising. The challenge can be knowing what to keep an eye out for — especially if you are...
Are You Cut Out For Entrepreneurship? Take These 5 Steps to Know For Sure
Look, chances are that if you've clicked on this article, then you're at least interested in the possibility of becoming an entrepreneur. However, if you're like most of us, then it's also likely that just as quickly as dreams of entrepreneurship enter your mind,...
4 Things I Wish I Knew Before Starting My Franchise Journey
As a former franchise owner and current franchise consultant, I am frequently asked about lessons learned both from personal experience and from working with more than 800 franchise candidates over the years. Below I've included a few practical insights that offer...
These 2 Visas Can Open Doors for Global Entrepreneurs to Franchise in the U.S.
Consider the franchises you are most familiar with — maybe it's a local salon, nearby restaurant or home service business. They likely have easily recognizable names and branding that you can conjure without much effort. It's no wonder that 70 of the top 100...
Is Franchising a Good Side Hustle? It Depends on These 3 Factors
In a professional landscape that places increasing value on gig work and side hustles, it's important to make sure that we are evaluating new ventures carefully before diving in. After all, there are only so many hours in a day, and entrepreneurs in particular must...
How to Prepare Your Kids For Their Future Through Valuable Business Lessons
One of the things I have come to enjoy about being a franchise consultant is the easy comfort I have with new franchise candidates. We tend to have a lot in common, and one of the overlooked motivations to start a business is being a role model and leaving a legacy...
Location Is Everything — Especially in Franchising. These Are the Territory Rules You Need to Know.
I'm sure you've heard the phrase, "Location is everything." When it comes to franchise businesses, this sentiment is not only true, but carefully considered and negotiated as part of the franchise agreement process. I'm talking about franchise territories — how...
