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Posts Tagged “franchise”

Interview with Peter Ross, CEO of Senior Helpers

I often get asked, “what is the hottest franchise?” or “what sort of business should I buy?” and my response is typically the same … Often is depends on your interests, skills, work ethic, location, and several other factors. But when pressed, I urge people to look at changing demographics, sites or other factors that [...]

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Some Laid Off Workers Turn to Franchising

The past 18 – 24 months have been tough on corporate America. I’m based in Charlotte (home of Bank of America and Wachovia/Wells Fargo) and many of my friends that work for the bank are always nervous. A lot of these people were also able to store up a nest egg and once they get [...]

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Franchises Offer Start Up Discounts to Veterans

As a way to to honor those men and women who have served in the U.S. military, the Veterans Transition Franchise Initiative, known as “VetFran,” was developed to help veterans of the armed forces transition to civilian life and go into business for themselves. VetFran is a voluntary effort of International Franchise Association member-companies that [...]

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Out of Work? Consider Buying A Franchise – Part 2

Earlier this month we discussed different options for those who are currently unemployed or recently heard they will be receiving a severance package and asked to look for different opportunities. While buying a franchise isn’t for everyone,  considering the idea is always a possibility after leaving corporate America. Shortly afterwards, I read this article  in [...]

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Would You Like Fries With That Outsourcing?

I’m a big fan of Fast Company (both online and off). When I travel, the magazine is always in my briefcase.  If they offered an App for my iPhone (like The New York Times App) I would be a faithful subscriber. You get my drift … So I was catching up on my Fast Company [...]

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Out of work? Consider buying a franchise

Tough news in Charlotte, NC earlier this week. Wachovia Corp, one of the largest companies in Charlotte and the 6th largest bank in the United States, was purchased by Citigroup (Stock ticker C). 5,000 people were let go on Tuesday and I’m sure more will be before the end of the year. When the unemployment [...]

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Franchise Organizations Secret Shop Employees

It’s travel season … last week Washington, DC for Franchise Appreciation Day and this week Franchise Update’s annual Franchise Development Conference at the Drake Hotel in Chicago, IL. The conference agenda is helping owners of franchise organizations (in a peer to peer environment) understand the present franchise sales environment and gain valuable insight for improving [...]

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IFA’s Franchise Appreciation Day Recap – Current Political Issues Facing Franchising

Earlier this week I attended the International Franchise Association’s 9th annual Franchise Appreciation Day in Washington, DC. Over 500 people, franchisors, franchisees and industry suppliers, gathered together to discuss the current economic and political picture and visit Congressional men and women to present their views and stances on the major political issues facing small businesses [...]

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Step #2 – Begin your franchise search

As you start deciding which franchise is for you, there are dozens of sources to reference to gain valuable information about available opportunities. If you are searching for a retail opportunity in your own town, take some time to drive around and see what’s there. Use other helpful resources like YellowPages.com and Google to see [...]

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Is franchise ownership for you?

Good evening Startup Nation visitors! Today we begin a 15-part, five week crash course that will help you decide whether or not franchising is the right thing for you. Starting your own business can be extremely daunting. What is the right business for me? How do I get financing (or do I even need financing)? [...]

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From “mom & pop” to franchised business

I recently attended the annual International Franchise Expo in Washington, DC. It’s arguably the largest consumer trade show for franchise opportunities, attracts around 10,000 – 15,000 attendees from around the globe (I remember hearing there were 19 delegations this year) and showcases around 250 different types of franchises. However, it amazes me how many people [...]

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Start your own franchise business – Part 2

Last month, we talked a little bit about the attributes necessary to turn your home based business into a franchise … you can find that post here. Well, what about branching out from the home based sector and becoming a franchisor of any type of business? According to Frandata and reiterated by Mark Siebert in [...]

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Your Home Based Business: A Franchise?

I have to start by commending all of the businesses that participated and ranked in StartupNation's inaugural Top 100 Home Based Businesses. It's a true testament that working from home can be fun, productive and profitable. Let's take a birds' eye view at your businesses for a minute. Do any of these traits describe your [...]

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franchise

Graduate from college … and buy a franchise?

An article in today’s NY Times, Don’t Go West Young Man … Buy Yourself a Franchise Instead, asks a very interesting question. Should recent college graduates without any real-world experience forgo corporate America and buy a franchise? Our research shows that less than 1% are currently doing that. But that doesn’t mean it isn’t a [...]

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Not Necessarily a Franchise

It’s a common misunderstanding that businesses with many locations are all franchises. In fact, many of the places you frequent on a daily basis are NOT franchises at all, but corporate-owned and operated stores. For example, FedEx/Kinkos, The Gap, Red Lobster and yes, even Starbucks are NOT franchises. These are all large companies that operate [...]

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The ultimate form of entrepreneurship

A few questions to start: What are the keys to franchising? How do you (or I) know if franchising is right for me? And the frequently asked, “What are the hot franchises right now?” Most of these questions will be covered in the articles and resources section in the upcoming Franchise Center and while I [...]

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