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...
The Franchise Blog
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...
When Is Buying a Franchise Like Buying a House?
Investing in a business is perhaps one of the largest and most significant decisions that one can make. That means it takes research and planning. Sound familiar? Like buying a house? ...
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...
Heather Rosen is a published author. She writes business and franchise advice on LinkedIn.
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Entrepreneur Story: Lee Sapata Wanted to Be a Small Business Owner
Lee Sapata had a successful career in corporate America, but it had him relocating often. After the twelfth move, he was ready to make a change and seek out other opportunities. He met with FranNet...
Entrepreneur Story: Bob Heckler Wanted to Be in Control
Bob Heckler had a long, successful career in corporate America. After being downsized from his last position, he found FranNet consultant Blair Nicol who introduced him to franchise opportunities...
The Role of Large Investment Firms
It’s not uncommon for large investment firms to buy franchisors. These firms may own upwards of 20+ franchise companies. Jania Bailey, FranNet CEO, explains that even though a brand by itself might...
What is a Royalty Self-Sufficient Franchise?
A franchise system that is royalty self-sufficient is essentially generating enough income from franchisee royalties to cover their overhead. Royalty self-sufficiency happens at different times with...