When it comes to franchising, sometime a "consultant" is not a consultant. The common definition of a "consultant" is a person who gives professional advice or services, typically as an independent ...

When looking to become an entrepreneur, many first-timers consider buying a franchise. And that makes sense. Buying a franchise can be a big hit to your checking account, but it can be reassuring to ...

In this section, you’ll learn how to protect yourself when purchasing a franchise by following critical steps in financial planning, legal preparation, and operational diligence. Protecting yourself ...

Aligning personal goals with franchise brands is crucial to ensure long-term satisfaction and success in the franchise business venture. The initial step is conducting an introspective analysis to ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. I became a franchisee more than 15 years ago. Before that, I worked for arguably one of the ...

When a franchisee makes the decision, for whatever reason, that the time has come for them to exit the business then the likelihood is that they will place their franchise up for sale. A franchise ...

Maybe the idea of a new venture appeals to you, and perhaps that includes running a business. And maybe you don’t want to start from scratch, but rather jump into a business that already has a ...

This can be beneficial for newer franchisees or those in slower markets, as it reduces the immediate financial pressure. It can also reward high-performing stores. Always clarify the exact tiers and ...

When buying a restaurant franchise, there are obvious things to consider, such as the success of established franchisees in the system, site selection and the profitability of the concept. But, if you ...

Review the top laundromat franchise opportunities and learn about the benefits of owning a laundromat. Many, or all, of the products featured on this page are from our advertising partners who ...

Companies with strong brands, like franchise companies, are often seen as excellent investment vehicles. Because these brands have recurring ...