“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...
Business Opportunity
Recession-Proof Business – What Do You Need to Know?
“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...
The Pros and Cons to Buying a Franchise Resale
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...
Product Distribution Franchise – Everything You Need to Know
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 Bookkeeping – Everything You Need to Know
“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...
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, there are several...
The Role of a Business Mentor in Entrepreneurship and Franchising
Updated October 2025 Entrepreneurship can be both exciting and overwhelming, especially for those stepping into business ownership for the first time. That’s where business mentorship comes in. A...
