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...
How Do Franchise Owners Get Paid?
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Informational
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 Success Rate: What You Need to Know in 2023
“Progress always involves risk; you can't steal second base and keep your foot on first.” Frederick Wilcox The English soccer player’s baseball analogy proves helpful when weighing the risks that...
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...
Franchise Training Programs – Everything You Need to Know
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...