“Bookkeeping is the practice of organizing, classifying and maintaining a business’s financial records. It involves recording transactions and storing financial documentation to manage the overall...
The Franchise Blog
How to Get in Contact With a Franchise Owner – A Step-by-Step Guide
If you’re thinking about buying a particular franchise, you should consider speaking with current franchise owners in the same space. A few reasons why you would want to contact a franchise owner...
Are Non-Food Franchises Good Opportunities?
When people think of a franchised business, they likely think of a fast food chain like McDonalds or Burger King. After all, Americans spend $160 billion per year on fast food, which puts them in...
Why Is Branding An Important Part of a Successful Franchise?
“Your brand is the single most important investment you can make in your business.” Steve Forbes If you’re looking to become a franchise owner, finding a franchise with a solid brand is...
Top 3 Most Common Franchising Industries {And Why}
Most people probably think of a restaurant when they think of a franchise, like McDonald’s or Taco Bell. While franchising is most closely associated with the food industry, having a large presence...
Business Mentorship and Franchising – Everything You Need to Know
Are you thinking about buying a franchise? If so, you should consider a business mentorship. Business mentorship is a valuable resource for entrepreneurs seeking to be successful in their business...
What to Look For When Buying An Auto Repair Franchise
The auto repair industry is a multibillion dollar market with steady growth being driven by the increasing number of vehicles. Auto repair and maintenance includes the following types of services: ...
What Franchise Brands Look For in a Franchisee
At FranNet, our mission is to expertly match prospective franchisees with the franchises that best suit their ambitions and capabilities. While it’s important for potential franchisees to evaluate...
Why Service-Based Franchises Are Trending in 2024
A service-based franchise is exactly what it sounds like - it’s a franchised business that provides a service to its customers. The type of service will vary, but it generally offers a convenience...
Starting A Business After Retirement [Dos and Don’ts]
Starting a business after retirement is becoming more common among retirees seeking supplemental income or wishing to remain active. If you’re nearing retirement, then it’s worth considering whether...