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A New Business? Now? Are You Crazy?
These are actual questions my wife asked me, NOT during the 2020 pandemic, but rather in mid-September 2001. The horrific 9-11 atrocity had just happened, the stock market was crashing and it was looking like the U.S. would be going to war with...
Employee to Entrepreneur
I have invited you here to learn more about exploring career opportunities that don’t involve returning to the corporate world. Not everyone has thought about starting their own business as their career path of choice. For many, following a more...
What is a Royalty Self-Sufficient Franchise?
Jania Bailey, CEO of FranNet, urges you to dig deeper into the financials and gain a clear understanding of the situation if a franchise system relies on selling more franchises just to meet payroll expenses. Updated April 2025 When...
FDD Item 20: Signed But Not Open
FranNet's CEO, Jania Bailey, delves into the significance of encountering the phrase "sold but not open" within a franchisor's Item 20 disclosure. She highlights the importance of scrutinizing this when franchisors are selling multi-unit packages,...
Requirements for Financial Statements the Franchisors Must Provide in the FDD
FranNet CEO Jania Bailey clarifies that the Franchise Disclosure Document (FDD) must include three years of audited financial statements. An exception might occur with newer franchise brands that have not been in existence for three years, in which...
The Importance of the Item 19 in the Decision Making Process
Approximately 80% of franchisors now include an Item 19 in their Franchise Disclosure Document (FDD), even though it is not mandatory. It's crucial to understand that a franchisor cannot legally promise, "This is how much money you'll make in our...
FDD Item 19: Financial Performance Representations
FranNet Consultant and Kentucky Market President, Amanda Berry discusses the importance of the optional Item 19 in an FDD. For some businesses, it doesn’t make sense to include it. For others, it’s quite necessary. Your local FranNet advisor can...
FDD Item 7: Advising Clients on Initial Investments
FranNet CEO, Jania Bailey, reviews the things you need to be aware of while looking at Item 7 in an FDD. At FranNet, we advise our clients to compare that initial investment estimate with existing franchisees that are in markets similar to yours....
Why is it Important to Understand the Financial Health of the Franchisor?
A lot of people get excited about a franchise brand, but fail to examine the financial health of that company. Jania Bailey, CEO of FranNet, warns against signing a 10-year contract with a brand that doesn’t have a strong balance sheet. You must...
Importance of the FDD
A 200+ page Franchise Disclosure Document (FDD) can be intimidating. However, it’s crucial to your due diligence process and your success with a franchise system. Jania Bailey, CEO of FranNet, encourages you to whip out that highlighting pen and...
Funding a Franchise
Most people don’t have $50k lying around to invest in a business, so many will turn to small business loans. Amanda Berry, FranNet Kentucky Consultant and Kentucky Market President, says that buying a franchise is somewhat similar to buying another...
Cost of a Franchise
So how much does a franchise really cost? Amanda Berry, FranNet Consultant and Kentucky Market President, explains why you need to look beyond the franchise fee and dig deeper into Item 7 of the FDD. Learn more about everything that goes into...
Return of Investment & Find Your Fit
Amanda Berry, FranNet Consultant, and Kentucky Market President, explores franchise investment levels vs. ROI. Learn more about why you shouldn’t let the price tag of a business be the key determinant of what the actual earning potential is. Berry...
A Piece of Advice to Future Franchisees
Jania Bailey, CEO of FranNet, discusses why she believes franchising is a phenomenal business model for people who want to go into business for themselves but not by themselves. She discusses failure rates, why no two franchises are alike, and the...
FranNet CEO Jania Bailey’s Background
FranNet CEO, Jania Bailey, shares her professional background. Bailey discusses what FranNet is and how they help people leap into business ownership. Similar to what an executive headhunter does in the job market, FranNet’s mission is to match the...
Business Ownership Exploration Series: Next Steps
FranNet CEO, Jania Bailey, wraps us this educational series with some essential next steps. If you’re interested in using FranNet’s services, please fill out the Free Consultation request button or the Entrepreneur Readiness Profile button, located...
Your Business Model & Transferable Skills
It’s time to get into the nitty gritty of your business model and what you actually bring to the table. FranNet’s CEO, Jania Bailey, discusses the types of questions you must ask yourself during the franchise selection process. Gain a deeper...
Finding Your Perfect Fit
In this segment of this series, Jania Bailey, CEO of FranNet, discusses how to find the franchise concept that's a perfect fit for you. Bailey will show you how to separate the function of the business from the function of the owner. Think in terms...
Why Own a Franchise?
Jania Bailey, CEO of FranNet, breaks down why franchising might be the best fit for you. With the right due diligence, franchising can help reduce the risk of business ownership. After all, with franchising, you’re in business for yourself but not...
Franchising Myths
“Franchising is just fast food and retail.” WRONG. But unfortunately, we hear that and many other incorrect assumptions all too often. In this segment, Jania Bailey, CEO of FranNet, reviews the most common myths and misconceptions about...
The FDD and Your Due Diligence
Take out your pen and paper for this segment! Jania Bailey, CEO of FranNet, discusses what the Franchise Disclosure Document (FDD) is and what it means to you. Franchising is regulated by the Federal Trade Commission and requires this sort of...
What is a Franchise?
Welcome to Part 2 of our Business Ownership Exploration series! In this segment, FranNet CEO, Jania Bailey takes a look at what franchising really is. Bailey discusses royalties, distribution channels, multi-unit operations, and more. You’ll learn...
Your Three Business Ownership Options
In this segment, Jania Bailey, FranNet CEO, discusses the three options for going into business: Start from scratch, Buy an Existing Business, or Buy a Franchise. Bailey helps give a thorough understanding of the advantages and disadvantages of...
Risk vs. Reality of Business Ownership
FranNet CEO, Jania Bailey takes a look at the risk vs. reality of business ownership. Is taking a job in corporate America actually the safest route? Jania discusses what types of businesses and industries are the most risky, how the rules of job...
Why Business Ownership?
In this segment of the series, FranNet CEO Jania Bailey begs the question: “What does success look like for you?” When it comes to business ownership, common answers include: Fulfillment, Flexibility, Independence, and Financial Security. These...
Introduction To Business Ownership Exploration
Welcome to FranNet’s video series on Business Ownership Exploration! FranNet CEO, Jania Bailey discusses the three primary ways of going into business for yourself. Bailey gives a well-rounded perspective of the advantages and disadvantages of each...
Business Ownership Exploration
Part 1 Introduction to Series Join us in FranNet's Business Ownership Exploration video series, led by CEO Jania Bailey. She guides you through the three main paths to self-employment, offering insights into their pros and cons to help you make an...
A Franchisee’s Journey: Getting to Know Tim Lanai
Tim Lanai operates a Mosquito Joe franchise in Nashville, Tenn. And as you read about his entrepreneurial journey, you’ll begin to understand why clients like Tim are nothing short of dream candidates for franchise consultants. In the first act of...
The Complete EEC Small Business COVID-19 Response Series
The Complete EEC Small Business COVID-19 Response Series: April 1 (Wednesday) - NE Dept of Labor’s General Counsel – Helping Employees Affected by Lay-Offs / Reduced Hours Register in advance for this meeting:...
Resurgence of the Accidental Entrepreneur
You were invited here to learn more about how I may be able to assist you to explore career opportunities that don’t involve returning to corporate. When you read to the end, you will see that it all starts with education. But first, a bit of...
Franchise Ownership 101 ft. Amanda Berry
Franchise Fit – Background Story Amanda Berry, FranNet Consultant and Kentucky Market President, served as a Federal Government employee for over 10-year. So how did she end up owning a franchise operation? Learn more about what led her down the...
COVID-19 – Franchising State of Affairs
I am honored that you have looked to me as a trusted resource for honest insight about the business ownership and franchising industry in our community. As such, I feel an obligation to share these candid observations with you about the state of...
Franchising Moves Forward Despite Challenge of COVID-19 Pandemic
This article is for the United States only. If you live in Canada, please click here. Without a doubt, the world is living through a challenging moment in real-time. The root cause of our shared anxiety is in direct proportion to the uncertainties...
Franchise Ownership 101
Meet Jania Bailey & Amanda BerryFranNet CEO Jania Bailey’s Background FranNet CEO, Jania Bailey, shares her professional background. Bailey discusses what FranNet is and how they help people leap into business ownership. Similar to what an...
8 FAQs from Fledgling Franchise Buyers
In the franchise world, I’m still a spring chicken. Yet I’d still be swimming in change if I had a dime for every budding entrepreneur who asked me how to buy into a Chick-Fil-A franchise. Great question! Who doesn’t love the Chick-Fil-A...
A Franchisee’s Journey: Getting to Know…Robert Stapf
When Corporate America decides that employees are expendable, downsizing becomes a reality for many in the workforce. The ripple effect of lost income is usually just the beginning. But for some, it goes even further, sometimes leading to a loss of...
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 owners wish they would have gotten serious about it...
FranNet January 2020 Featured Opportunity
FranNet Featured Franchise Opportunity: We represent over 80 franchise concepts and are seeing a high level of interest in the following opportunity. While this may be of specific interest to you, FranNet’s process is to help our clients build...
FranNet – Montreal Featured Opportunity
FranNet Rare Resale Opportunity: We represent over 80 franchise concepts and are seeing a high level of interest in the following opportunity. While this may be of specific interest to you, FranNet’s process is to help our clients build their ideal...
FranNet November Featured Opportunity
FranNet Featured Franchise Opportunities:We represent over 80 franchise concepts and are seeing a high level of interest in the following opportunity. While this may be of specific interest to you, FranNet’s process is to help our clients build...
FranNet September Featured Opportunity
FranNet Featured Franchise Opportunities: We represent over 60 franchise concepts and are seeing a high level of interest in the following opportunity. While this may be of specific interest to you, FranNet’s process is to help our clients build...
Why Buy a Franchise? Three Reasons
You think you’re ready to take the plunge into business ownership, and then the big question hits you… “Do I start my own business from scratch, or do I go with a business template, such as a franchise?” This is a question that may not have a set...
FranNet August Featured Opportunity
FranNet Featured Franchise Opportunities: We represent over 60 franchise concepts and are seeing a high level of interest in the following opportunity. While this may be of specific interest to you, FranNet’s process is to help our clients build...
Family Ties
As published in the Amazon bestseller, More Than Just French Fries: 15 Business Thought Leaders Share Insights on Franchising Success. My business story started when I was five. My father worked in corporate sales and marketing at the time. When he...
MASTER FRANCHISING – The Ultimate Business!
How to Use a Little-Known Business System as Your Best Vehicle for Business Success ... The Best Kept Secret in Business Today ... For the Right Person! What is this Concept? Imagine coming up with the idea of a new franchise concept that explodes...
THE BIG FRANCHISE MYTH: You Need to Spend More if You Want to Get More
When you are thinking of joining a franchised organization, you can gain a significant advantage if you can avoid the myths and deal only with facts. By recognizing what truly differentiates the facts from the fallacies, you can help yourself make...
Why Use a Franchise Consultant
At FranNet, we specialize in helping you learn about the many choices available and how to select the right business for you. We are paid by franchise companies who are searching for the right people to help grow their systems. The cost of a...
Evaluate Yourself Before Evaluating a Franchise
When I began searching for a business of my own several years ago, I assumed my options would be limited to the obvious franchise choices, such as fast food or high-profile retail. Much to my delight, I discovered along the way that the available...
ReNew Year 2015
As 2014 comes to a close and 2015 gets off to a running start, I would like to take this opportunity to reflect on a successful year and look towards a new year and new opportunities. 2014 was a tremendous year for FranNet MidAmerica. We had a...
Beyond Having A Client In Mind
Entrepreneurs, basically, see and act on an opportunity to build something, possibly from nothing, with a customer in mind. The significant part of that definition is “a customer in mind.” In 2015, a business owner must know everything about their...
3 Great Reasons For Small Business Owners To Join A Launch Site
Struggling to feel confident as a business owner? Complaining that your dining table doubles as your desk? Wanting to learn more about trending business ideas? If you answered “yes” to any of these questions, it’s time to check-out your local...
I Am Business Owner, Hear Me Roar
Businesses owned by females are on the rise! Recently, the US Census Bureau released data showing the growth rate of new businesses remained stagnant, but that of women-owned businesses has soared. Between 2007 and 2012, women-owned businesses grew...
5 Trends for Identifying a Successful Business In 2016
With well paying, career building jobs in short supply, business ownership is on the upswing. But, how does one find the right business that offers long-term financial security for them and their families in our new economy? I regularly work with...
Enjoy Your Holidays, But Keep Moving
Enjoy your holidays … but keep moving During this season, many of us hurry and scurry to fit in all the activities we (or others) want to do. At the same time, we also look forward to a change of pace—or some rest—from our usual patterns. If you’re...
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Consultant Disclaimer: FranNet’s franchise consultants own and independently operate each office throughout the FranNet system.
FranNet Brand Disclaimer: *There are over 4,000 franchise brands out there for you to choose from but FranNet has made the process much easier to find the right fit for you. We have a variety of franchisors in our portfolio in almost every industry. Our distinguished FranNet Certified Brands have completed our vetting process**. Your consultant can let you know what franchises are currently available in your area.
**Please note that the information and opinions expressed by the Franchisor are those of the Franchisor. FranNet, LLC makes no claim, promise, or guarantee of any kind regarding the accuracy, completeness, or adequacy of the information disclosed by the Franchisor. FranNet Clients are instructed to conduct their own independent investigation of the investment opportunity. FranNet assumes no liability for the statements and opinions stated by our Franchisor partners orally or in writing.
Privacy Policy | Consultant Support
© Copyright 2016 – 2022. All Rights Reserved
Have a question? Give us a call
Consultant Disclaimer: FranNet’s franchise consultants own and independently operate each office throughout the FranNet system.
FranNet Brand Disclaimer: *There are over 4,000 franchise brands out there for you to choose from but FranNet has made the process much easier to find the right fit for you. We have a variety of franchisors in our portfolio in almost every industry. Our distinguished FranNet Certified Brands have completed our vetting process**. Your consultant can let you know what franchises are currently available in your area.
**Please note that the information and opinions expressed by the Franchisor are those of the Franchisor. FranNet, LLC makes no claim, promise, or guarantee of any kind regarding the accuracy, completeness, or adequacy of the information disclosed by the Franchisor. FranNet Clients are instructed to conduct their own independent investigation of the investment opportunity. FranNet assumes no liability for the statements and opinions stated by our Franchisor partners orally or in writing.
Privacy Policy | Consultant Support
© Copyright 2016 – 2022. All Rights Reserved