Franchise development refers to the strategic process through which a franchisor expands and grows its franchise system. It can either be the process of converting an idea into a franchise from...
What is Franchise Development?
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The Franchise Blog
What is a Piggyback Franchise?
For anyone interested in purchasing a franchise, it’s important to understand common franchising terms, one of which is “Piggyback Franchising” or “Combination Franchising”. Definition of a...
Franchise Training Programs – Everything You Need to Know
There are many reasons that franchising is an appealing option for prospective business owners. One unique advantage it offers is the opportunity to buy and run a business that already has an...
What is Liquid Capital?
Are you thinking about buying a franchise? If so, you’ve likely come across the term “liquid capital.” Franchisors typically require prospective franchisees to have a certain amount of liquid...
Where to Expect Franchise Growth in 2023
Are you wondering if buying a franchise is a good decision in the current economy? If so, which part of the industry shows the most promise? Despite economic uncertainty, the franchise system has...
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...
4 Franchise Categories Worth Exploring in 2023
One of the most common franchising questions we hear from clients, both current and future, is “what’s the best business category to look into?” It can be a little bit tricky to answer this...
What’s the Typical Timeline for Buying a Franchise?
On behalf of FranNet of DFW & Oklahoma, Happy New Year! We hope that 2023 will be a successful one for you, especially if you’ve been considering an entrepreneurial future. If you’ve been...
What Does Franchising Mean to the State of Texas (and Oklahoma!)?
As we get ready to close out the 2022 calendar year, FranNet of DFW and Oklahoma thought it might be a fun exercise to take a look at what the franchising industry means to both states. There’s no...
SBA Wants to End the Franchise Directory – What That Means for Lending
In late October, the U.S. Small Business Association (SBA) proposed a few rule changes to amend several of the existing regulations that make up the SBA 7(a) Loan Program and 504 Loan Program – two...