Securing a commercial lease is a major step in opening a franchise. To protect their investment, landlords often require a personal or business guarantee—essentially a promise that the lease will be...
Understanding the construction process is key when leasing a commercial space, whether for a new franchise location or an independent business. One term that comes up often in commercial leases and...
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....
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. Understanding how franchise taxes work is...
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...
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...
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...
“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...
“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,...
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...