The restaurant and hospitality industry were among the hardest hit by the global pandemic. Aside from the obvious reason—crowded indoor dining and the risk of a highly transmissible virus—there is now statistical data that tallies up the damage. In January, the National Restaurant Association (NRA) released an industry report that includes key findings from surveying [...]
A year ago this week, things looked very bleak across the board. The rapid spread of Coronavirus was upending the U.S. economy, shuttering businesses, schools, and our normal lives as we knew them. It’s no longer useful to look back and revisit the questions we once asked of ourselves. Could we get a handle on [...]
When the concept of department stores spread, they introduced customers to fitting rooms. The idea was to ensure that garments were the right “fit” before being purchased. Just the same, FranNet believes clients should examine multiple franchise concepts to find the right ownership fit. In fact, it’s considered one of our unstoppable fights. There is [...]
This month, we’re celebrating the tenacity of our individual consultants who didn’t let a little thing like the pandemic get in the way of helping entrepreneurs become business owners through franchising. FranNet Consultants are “Virtually Unstoppable!” Can’t meet in person with our consultants to discuss the results of FranNet’s Entrepreneurial Assessment Profile? Fine. We’ll just [...]
At FranNet, we like nothing more than celebrating the success of our clients. In this edition of our FranNet Testimonial Series, we meet Janet Carmichael of Nashville, TN, who just celebrated her 10-year anniversary as the owner of a Big Frog Custom T-Shirts & More franchise. Our very own Market President of Tennessee and Arkansas, [...]
My name is Sara Waskow and I’m FranNet’s Market President for Dallas-Fort Worth and Oklahoma. I’d like for you to meet a former client of mine, Terry Rackley. When his previous career became more and more unfulfilling, he decided to try something different. He did the smart thing and took the entrepreneurial route to become [...]
A few recent studies reveal just how much our attitudes about work have changed since the pandemic began almost a year ago. Remote work seems to have caught on—because according to a Pew Research study, almost half of all work-from-home employees have no interest in returning to the office. The other half probably think the [...]
In this industry, we have a saying: “With franchising, you’re in business for yourself, not by yourself.” What does that mean exactly? It means when you become your own boss through franchise ownership, you’ll always be able to count on a two-way support system—from both the corporate brand and your fellow franchisees. During this blog [...]
March 1 is the beginning of the meteorological spring season, a time of the year known for annual traditions like spring cleaning, opening the windows to fresh air, and preparing for a stretch of improved weather. Many are more than happy to welcome spring because it’s calling card is one of renewal. A renewal of [...]
People who use franchising as the route to business ownership decide to do so for many reasons. Some get fed up with Corporate America. Others want to follow their dreams and run a business of their choosing. A few get in the game to expand or diversify a business ownership portfolio. Lastly, some buy franchises [...]
