the basics of franchising

New to franchising? No problem. The articles in this section cover the basic fundamentals of franchising and will take you from newbie to adept entrepreneur in no time. Click on the links below to learn more about the principles of franchising, how to begin your franchise search and the benefits you can enjoy as a franchise owner.

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Results 11-20 of 25 Articles |    « Previous | Next »
11.
How Much Money Can You Make as a Franchisee?

When investigating a franchise opportunity one of the most difficult pieces of information to get from the franchisor is how much money you might make. view this article »

12.
Best Practices and Niche Positioning in the Franchise Industry

Entrepreneurs perceive and pursue new opportunities. What distinguishes entrepreneurial ventures from other business is that they are based on a perceived new opportunity which could arise anywhere in the value chain, and in any industry. Flexibility, focus and individual initiative in an enterpri... view this article »

13.
Preparing for Your Discovery Day

Generally the last step of your franchise research will involve attending the franchisor's Discovery Day. Most often, the franchisor will bring you to their headquarters and you’ll have the opportunity to meet with the franchise team, to learn about their systems and support, and to see if you woul... view this article »

14.
Explore Your Business Ownership Options

Franchises for sale and business opportunities are available in over 75 industries. Explore the wide variety of categories that offer franchise businesses for sale. You can also choose a business to own which matches your lifestyle goals and budget, including franchises and businesses that enabl... view this article »

15.
Re-Invent Your Career with a Franchise!

With lay-offs abounding, employee benefits diminishing, and less employee/employer loyalty than ever before, now might be the perfect time for you to buy your own business. If you've always thought that business ownership is for industry pros, executives, and those already experienced in owning a b... view this article »

16.
Business Ownership Will Fit Into Your Budget

If you've always wanted to own your own business but you assumed you had to have a large nest egg to get started, you’ll be surprised to know that businesses are available in a wide range of investment levels and you don’t necessarily have to pay for your business in full. view this article »

17.
Basics - CNN Interview - Building Franchise Success

Franchising opportunities provide brand recognition, management and administrative systems and a proven business model to small business owners. In theory, this should result in franchises having higher success rates than non-franchise business opportunities.  view this article »

18.
Basics - Franchise Costs By Category

The amounts shown below are in US$ and are averages of figures provided by franchise companies that participated in a survey. Prospective franchisees afford will often borrow the necessary funds to open the franchise from a lender which specializes in franchise loans.  view this article »

19.
Basics - Franchise Financing Programs (SBA & VA)

There are several franchise finance assistance programs offered by the US Government. Both are in the form of loan guarantees made to lenders. view this article »

20.
Basics - Personal Guarantees When Buying A Franchise

Most franchisors require that franchisees individually obligate themselves to be responsible for and guaranty fulfillment of all contractual commitments, including monetary obligations, made by the corporate or other legal entity owning and operating the franchise. view this article »

Results 11-20 of 25 Articles |    « Previous | Next »