As FranNet franchise consultants, we’re constantly scouring the web in an attempt to bring you the best news and information you can use. For those North Texans with an entrepreneurial mindset – and the others we’ve yet to convince – we were alerted to this story, featuring a recent study from SmartAsset, a leading research [...]
The franchising industry has a robust schedule of trade shows featuring franchisors, brands, vendors, suppliers, and of course – prospective franchisees. But there may not be a more important expo than this year’s 63rd annual International Franchise Association (IFA) Convention. Billed as the industry’s biggest event for business development and personal growth, it’s a packed [...]
When those with an entrepreneurial mindset decide to begin the franchise investigative process, they can always choose to go about it alone. Or they can enlist the services of a franchise broker or consultant. Essentially, they are one and the same, but with one subtle yet meaningful difference. The easiest way to understand the divergence [...]
Every new year ushers in a brand-new opportunity to start fresh, set new goals, and accomplish exciting things. For FranNet, it also brings a whole new year of possibilities in the world of franchising, an industry that not only held its ground during the pandemic but continued to flourish. We hope you’re taking notice, especially [...]
It’s finally here—the year 2022, and the month of January is the perfect time for you to contemplate what the new year will bring in terms of your plans, your goals, and how they might integrate with the current business outlook for Canada. In order to supply you with the best information, we’ve done a [...]
Buying a franchise can be a great way to open a business without starting from scratch. If you're exploring franchise opportunities, one of the questions you probably have is about timing. While franchising can streamline the process, opening a franchise business still takes some time, plus a good deal of work. Let's walk through the [...]
It’s been said that “quitters never win,” but we’re about to illustrate why this statement isn’t always true. Aside from the obvious, of course. People who stop smoking and drinking aren’t quitters in a negative sense of the word. Nor are the hundreds and thousands of employees in Texas who’ve recently made the decision to [...]
Last week, Entrepreneur released its highly anticipated annual Franchise 500® list, which ranks the top-performing franchises in the industry. The business models of these successful brands are judged on five key factors, including cost, support, growth, brand strength, and financials. Earning a spot on this prestigious list is an arduous process where franchisors submit their [...]
The pandemic has become something of a comprehensive reckoning for employers and employees alike. Never before in history has there been such introspection for both sides of the workplace equation. For employees, it’s given rise to the “Great Resignation”, which the U.S. Bureau of Labor Statistics currently tallies at 39 million and counting. For employers [...]
As 2021 comes to a close, many of us are more than happy to turn the page and start with a fresh clean slate. The pandemic, now entering its third calendar year, seems to be as big a factor as it ever was—though vaccinations have certainly eased the number of severe cases. The economy is [...]
