You’re probably familiar with the idea of franchise ownership, but have you ever heard of a conversion franchise? A conversion franchise is when a franchisee joins their independent business with a...
You’re probably familiar with the term “turnkey” especially as it relates to buying a house, but perhaps you’re wondering how it relates to starting a franchise business. “A turnkey business is a...
Prospective franchisees can choose to open a new franchise location or buy an existing one. Purchasing an already existing franchise might be less common, but it’s worth considering. It could be an...
Ever wondered how franchise owners make their money? Whether you are buying a franchise or starting your own business from scratch, it’s important to know what to expect regarding how you will get...
"Why did the entrepreneur become a chef? So he could write off all his meals as 'research expenses.'" There are plenty of jokes to go around about taxes, but one thing is certain: most people aren’t...
COVID-19 had a widespread impact on businesses and the way they operate. The restrictions that were imposed to various extents around the world severely limited many industries that relied on...
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...
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...
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,...
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...