While there’s been plenty of economic uncertainty at the start of 2024, franchising has continued to prove itself as a stable industry. Despite inflation, labor shortages, and rising interest rates...
The Franchise Blog
Franchising vs Licensing – What You Need to Know
If you’ve started looking into your options for business ownership, then you might have come across the terms “franchising” and “licensing”. Franchising and licensing agreements share some...
The Basics of Franchise Accounting
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...
Another Entrepreneurial Journey: Meet Sam Moreton
Several years ago, with the assistance of Cynthia Mora of FranNet of Houston, Sam Moreton made his own entrepreneurial dreams come true – owning a business that’s all his own. When they first met,...
Revisiting a Client Success Story: Ryan Mann & Olga Torbello
You may remember a couple of entrepreneurial alumni who previously worked with Diana Trondsen, Market President and Franchise Consultant of FranNet of Houston - Ryan Mann and his fiancé, Olga...
Buying a Franchise vs. Starting Your Own Business
The first step to running your own business is to decide which path you want to take to become a business owner. One option is to start your own business from scratch. Another option is to buy a...
Is It Possible to Get Out of a Franchise Agreement?
It might be helpful to start this discussion by answering the question, “What is a franchise agreement?" A franchise agreement is a legally binding contract between a franchisor and a franchisee...
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...
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...
The Future of Franchising: What to Expect in 2023
In 2020, the COVID-19 pandemic ushered in an era of economic uncertainty on various levels. While all businesses are challenged with high inflation, labor shortages, and supply chain issues, the...