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Passion for the Industry: Is it necessary to buy a franchise?

“I never dreamed of being the owner of a cleaning business,” said one franchisee applicant. “I don’t wake in the morning feeling passionate about the oil change industry,” said another potential franchise owner. These quotes are paraphrased examples of what we at FranNet consulting services hear regularly from those looking to buy a franchise. So [...]

By |2017-08-15T12:51:53+00:00August 15th, 2017|Categories: Articles, Blog, Franchising, Informational|Tags: , , , |

How Much Money Can You Make By Buying a Franchise?

If you’re thinking about buying a franchise, one of the first questions on your mind is most likely how much profit you can make. While a Franchise Business Review study revealed that the average franchisee earns a profit of $66,000 annually, that number varies greatly (from $50,000 to $500,000) and many factors impact those numbers. [...]