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...
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...
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...
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...
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...
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...
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...
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...
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...
A franchise system that achieves royalty self-sufficiency is essentially earning sufficient revenue from franchisee royalties to cover its operational costs. This milestone varies among franchisors,...