It’s been quite a year for the franchising industry. Despite the challenges we faced, including rising prices due to inflation, labor shortages, and slower than normal growth, it’s still quite a...
The Franchise Blog
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...
The Case of the Army Officer Veteran
(While the following narrative reflects actual facts and events, the client’s names are withheld to protect their privacy.) This client was an Army Officer who left the service after a...
4 Reasons to Hire Your Teen to Work at Your Franchise
With summer on the horizon, you might already be hearing complaints of boredom from your child or endless requests for money so they can go to the movies or mall with their friends. If your kid is...
When is the Right Time to Invest in a Franchise
When Should You Invest in a Franchise? If you’ve been thinking about franchise ownership but are holding back, you may want to rethink your decision to wait. The reality is that many franchise...
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...
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...