What Successful Franchise Owners Have in Common

According to Statista, the online Statistics Portal, it is estimated that there are approximately 750,000 franchise establishments in the U.S. in 2017. And while many of these establishments fall under corporate or multi-unit ownership, that’s still a lot of franchise owners. It got us at FranNet thinking about a central question that we could pass [...]

2017-12-05T00:00:00+00:00December 5th, 2017|Categories: General|Tags: , , , , , , , , |

What makes a great franchise?

A franchise is a specific license that a franchisee can acquire that in turn allows the owner to have access to the franchisor’s proprietary knowledge, processes and trademarks in order to allow the party to sell a product or provide a service under the business's name. FranNet’s franchise experts know how to spot the best franchises with these simple giveaways. If [...]

2015-06-08T00:00:00+00:00June 8th, 2015|Categories: General|Tags: , , , , , , , |

Franchise Trends That Are Good for Entrepreneurs

During this FranNet blog installment, we’re excited to talk about franchise trends that are good for entrepreneurs. Trending topics are always a good staple for blog entries, as it keeps our readership on the leading edge of franchise industry news. We’re happy to report that of the franchise trends we’ll be talking about today, the [...]

“Being in Business for Yourself, but Not by Yourself (Benefits of Being a Franchisee)”

A core tenet in the world of franchising is that when you go into business for yourself, you’re never by yourself, in a manner of speaking. Because the essence of a franchise opportunity is that the franchisee has the support and experience of an established brand backing their efforts throughout the process. In this week’s [...]

Moving from Corporate America to Entrepreneurship

When it comes to the term “moving”, most people begin to envision empty cardboard boxes, a U-Haul truck, bubble wrap and even packing tape. But these items are associated with physically moving in the civilian world. What images are invoked when one thinks about moving on in the business world? Perhaps the cardboard box is [...]

Franchise: Buy New or Used?

BIZBUYSELL.COM | Curtis Kroeker Feb 21, 201   Becoming a franchisee can be a great path to entrepreneurship. You can leverage the benefits of an established brand and a proven operating plan and the franchisor may serve as a source of capital--something that is especially helpful in today's tight financing market. However, what's the best way to become [...]

The 4 Ways to Become Your Own Boss – Which One Fits You?

by Alan Hall of Forbes.com Do you have what it takes to start and grow a company?  I’m asked every day by aspiring business founders, “Should I take the leap of faith and pursue my dreams? Are you ready to become your own boss? Here are your four top alternatives. In response to this question, [...]

6 Habits of Remarkably Likable People

by Jeff Haden from Inc.com They're charming. They're genuine. And they can make an entire room full of people smile. When you meet someone, after, "What do you do?" you're out of things to say. You suck at small talk, and those first five minutes are tough because you're a little shy and a little insecure. But [...]

16 Common Franchise Terms: Explained

BY TRACY STAPP | November 9, 2012 on Entrepreneur.com Before you investigate opening a franchise, you'll need to know the lingo. We put together this cheat sheet of the most common -- and most important -- industry terms. Franchisee: An individual who purchases the right to operate a business under the franchisor's name and system. Franchisor: The parent company that [...]