While the franchise industry faced various economic challenges in 2023 such as inflation, labor shortages, and rising interest rates, it still met or exceeded projections. According to the 2024...
“Marketing refers to the activities a company undertakes to promote the buying or selling of its products or services. Marketing includes advertising and allows businesses to sell products and...
A successful business doesn’t just happen on its own. While there are many factors involved, the accounting process is foundational. Put simply, accounting is “the process of recording financial...
“Progress always involves risk; you can't steal second base and keep your foot on first.” Frederick Wilcox The English soccer player’s baseball analogy proves helpful when weighing the risks that...
The decision to pursue franchise ownership should not be taken lightly. The path to becoming a successful franchisee is not inconsequential - it requires hard work and dedication. While you’re...
In my years as a FranNet franchise consultant, I’ve helped hundreds of entrepreneurs find the perfect match for business ownership across a wide spectrum of industries. With thousands of individual...
Over the past couple of months, FranNet of DFW & Oklahoma shared information, data, and statistics related to the economic climate – specific to both Texas and Oklahoma. Continuing this...
One small example of why Franchises have an advantage over startups… FRANdata shows (report below) that finding "Quality" talent/labor is the biggest challenge facing franchisees. Finding...
Lead-Generation is Everything. Here’s What We’re Expecting in 2023… Though we’ve now entered the third month of the new calendar year, it’s still a time to review various outlooks in the franchising...
As consultants with FranNet of DFW & Oklahoma, we hear a lot of things from potential clients that demonstrate just how far the franchise industry still has to go in dispelling some of our most...