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A business-to-business (B2B) franchise provides products or services from one business to another while a business-to-consumer (B2C) franchise provides products or services directly to end-users. Therefore, B2B franchises typically target other...

While taxes may not be the most exciting part of running a business, staying on top of them is crucial—especially with tax season just around the corner. While there are various different taxes, this blog will answer "what is a franchise tax". ...

Accounting is essential for businesses, covering financial reporting, tax compliance, and advisory services. With evolving tax regulations and small business growth, demand for financial services is rising, providing more opportunities for...

Franchising offers a proven business model, brand recognition, training, support, and a structured path to business ownership. For many entrepreneurs, this makes franchising an attractive opportunity when compared to starting a business from...

While the COVID-19 pandemic had a crippling effect on the massage services, the industry experienced a strong recovery and revenue has grown to “an estimated $21.6bn in 2024” (IBISWorld). The massage industry is projected to continue growing over...

“Achieving the Certified Franchise Executive (CFE) designation has been such a fulfilling journey…I wish I would have completed the Certified Franchise Executive (CFE) certification years ago. The CFE designation demonstrates my continued...

“By working collectively, franchisees can better represent their interests and address issues with a franchisor using a unified voice. Additionally, members can tap into the wealth of wisdom, experience, advice, and best practices other franchisees...

Franchising offers unique benefits compared to starting a business from scratch, and it’s a great option for anyone seeking a path to business ownership. Not only is the franchise system an already proven business model, but the franchisor provides...

The short answer is no. A four-year degree is not required for starting a business. However, in many cases, a degree is certainly valuable as it provides skills that are foundational to business ownership. Some of these include:  Business knowledge...

Franchising is an attractive option for aspiring entrepreneurs. Not only is it a path to business ownership, but franchising comes with less risk and more support when compared to starting a business from scratch.  While the concept of franchising...

“The US is home to one of the most lucrative advertising industries in the world…the US market leads competitors such as China and Japan by a wide margin.” (Publift) There’s no doubt that the United States has the largest advertising industry in...

“In a world where digital screens saturate our daily lives with an endless scroll of information, the effectiveness of print media is both captivating and remarkable. It is a timeless testament to the human need for the tactile and the tangible.”...

An owner-operator franchise model is exactly what you might think - the owner of the franchise is the primary operator of the business. This means that the franchisee will manage the business full-time and won’t have extra time for other jobs or...

“A gig economy, also known as the sharing economy or access economy, relies heavily on temporary and part-time positions filled by independent contractors and freelancers rather than full-time permanent employees.” Investopedia The gig economy has...

Health and wellness is a thriving, multi-billion-dollar industry in the United States. While the COVID-19 pandemic negatively impacted the sector, “...the market size of the workplace wellness industry exceeded pre-pandemic levels in 2022, showing...

Service-based franchises have become increasingly popular as a result of the aging population and peoples’ busy lifestyles. Home services in particular is a rapidly growing industry that’s estimated to be “an over $500 billion-a-year industry in...

While the amount of women pursuing franchise ownership dipped during the pandemic in 2020, Franchise Insights reported that “women are returning to the pursuit of business ownership…and now represent half of all prospects, regardless of age.” ...

Buying a franchise comes with several unique benefits when compared to starting a business from scratch. Most notably, franchise ownership allows you to acquire a trusted brand with established operations and systems, mitigating the risks that come...

Franchising is a major force in the US economy. With total franchise output increasing by 4.1%,  it is expected to continue growing throughout 2024 despite economic uncertainties.   Anyone starting a business in the US will be subject to various...

The education market is rapidly growing worldwide. In fact, “Total revenue is expected to show an annual growth rate of 9.11%, resulting in a projected market volume of US$11.83bn by 2029” (Statista). A few key factors driving this growth include: ...

Franchising has proven to be a resilient industry that continues to grow even amidst economic uncertainty. The International Franchise Association (IFA) forecasted that franchise establishments will increase by 1.9% and total franchise output will...

“The U.S. child care market size was estimated at USD 61.70 billion in 2023 and is expected to grow at a CAGR of 5.86% from 2024 to 2030” (Grand View Research). The child care industry has proven to be resilient even in economic downturns. While...

“A recession is a significant, widespread, and prolonged downturn in economic activity.” (Investopedia) While the United States government has adopted fiscal and monetary policies to prevent another Great Depression from happening, it is expected...

A franchise resale refers to the purchase and transfer of an existing franchise location, one that’s already been established and operational for some time. In this situation, a buyer purchases the franchise business from the current franchisee...

Despite various economic uncertainties, it’s projected that the franchise industry will continue growing in 2024 with franchise establishments increasing by 1.9% (almost 15,000 units) and total franchise output increasing by 4.1%.  If you’re...