When Should You Invest in a Franchise? If you’ve been thinking about franchise ownership but are holding back, you may want to rethink your decision to wait. The reality is that many franchise owners wish they would have gotten serious about it sooner. One example is Steve Johnson, an owner of several College Nannies, Sitters [...]
Regi John is an engineer who’d been at Microsoft for 21 years. He reached a point where he had an inner urge to do something different. Even though Microsoft is a fantastic place to be, his inner urge wouldn’t be ignored, and then kept getting stronger. “I wasn’t sure how to figure it out, so [...]
Kari Hingst always had plans to become a business owner, but like many of us, she needed to find the right opportunity. With the help of a strong partner, she’s been able to launch her first Zoup! location and stay employed full time. Why did you consider franchising? Each year, I write down my goals, [...]
To the trained eye, franchise fraud patterns are easily evident. However, far too many first-time entrepreneurs still fall victim to scammers. Why are there so many franchise scams? Well, in my experience, there's no single contributor to franchise fraud — ease of developing a franchise, absence of common standards in franchise regulations and the way [...]
As an entrepreneur, I do suffer, a bit, from the shiny object syndrome. That is where I dart from one client email to a phone call from a franchisor, to an online article related to, ironically enough, “How to better manage your time”. So, what is the most important KPI for me? Anchoring a business [...]
It’s almost like George Eliot was speaking straight to the late blooming entrepreneurs. Most of us reach a certain age and feel it’s too late to start chasing old fantasies and begin again. The wonderful thing about success is its impromptu character – it could happen at anytime time in life for the wildest of [...]
The number of franchise establishments in the United States has grown to 781,794 – the highest it has ever been. Along with the steady growth, the International Franchising Association (#IFA) projects the industry to continuing its impressive expansion for a fifth consecutive year. Curated from How Big Is Franchising Anyway?