What to Expect at a Franchise Discovery Day
As you search for the right franchise opportunity, you’ll likely hear the term “Discovery Day” mentioned. This is a planned event at a franchisor’s headquarters for candidates who’ve met the company’s financial and experience requirements and demonstrated key qualities of an ideal franchisee. Essentially, a franchise discovery day is an opportunity for both you and […]
Why Multi-unit Franchising is Now King … and Why Location Matters More Than Ever!
When prospective franchisees picture being part of a thriving franchise, they usually imagine pulling into a multi-unit franchise location and watching the business teem with energy, enthusiasm and entrepreneurial verve. The independent research firm FRANdata has actually shown that the majority of franchisees (52 percent) are now multi-unit operators. Franchise Update Media Group went onto say that multi-unit franchises […]
Concerned About Costs? Why Sign Franchising is the Better Option
People dream of entering the world of entrepreneurship. They love the idea of being the boss and balancing their life more evenly between work and play. These same people begin to re-think their plans as they realize the statistically high rate of failure for start-ups. If you are one of these dreamers, you have probably […]
4 Tips for Making Your U.S. Brand Truly International
When entrepreneurs first ask about economic growth overseas, the BRIC countries usually work their way into the conversation early and often. BRIC countries — Brazil, Russia, India and China — represent huge growth potential throughout the 21st century as their economies come fully online and their populations increasingly engage with Western brands. The recently unveiled Trans-Pacific Partnership also shores up countries like Vietnam, […]