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...
The Basics of Franchise Accounting
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The Franchise Blog
Franchise Success Rate: What You Need to Know in 2023
“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...
Franchise Support – Everything You Need to Know
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...
Have You Considered a Kid-Related Business Opportunity?
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...
Some Entrepreneurship Trends and Statistics You Should Know About…
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...
The Franchise Advantage Over Startups
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
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...
6 Myths About Franchising You Need to Know About
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...
4 Franchising Trends to Watch in 2023
As we turn the page and begin another year, it’s common to break out the crystal ball and make projections. The franchising industry is no different, which is why FranNet’s franchise consultants...
Entrepreneurville – The Latest Economic News for DFW and Oklahoma
If you’re a budding entrepreneur, or perhaps considering a career transition so you can become your own boss, it’s important to keep up with the latest economic news in your area. For FranNet of DFW...