Blog & News
Franchise Training & Support
As a potential franchise investor, you're not just buying into a business; you're adopting a proven model, a recognized brand, and, importantly, a support system designed to guide you to success. One major benefit of owning a franchise is the franchise training and support provided by the franchisor. The right franchisor will have a strong system in place to not only prepare you for opening day but set you on course for long-term success.
December 15th, 2024 | Franchising 101
Important Franchise Statistics to Know
If you’re thinking about franchise ownership, you’ve likely had some questions about the risks involved. What are the success rates of franchises? What traits are important for franchise leadership? These are questions we discuss with potential franchisees at Home Franchise Concepts, and here are some of the insights we share when talking about franchise ownership.
December 1st, 2024 | Franchising 101
Your Options for Franchise Financing
As a prospective franchise owner, it’s critical to know your financing options. Ask your Franchise Advisor about financing possibilities, as well as these other important alternatives.
November 15th, 2024 | Financing and Investment
How to Own Multiple Franchises
Multiple-unit franchising has become a popular investment tactic and wealth-building strategy in recent years, and for good reason. Between the combination of lower buy-in costs and opportunities for compounded financial gain, entrepreneurs are choosing to strengthen their portfolios by owning multiple franchises, eliminating the risk of relying heavily on one location for primary income.
November 1st, 2024 | Financing and Investment
Converting Your Business to a Franchise
Are you exploring the idea of converting your existing business into a franchise? Or perhaps you are contemplating a significant shift in your business model? This strategic move can open a plethora of opportunities, not just for growth but also for stability in the ever-competitive business landscape. Joining a franchise family can be a game-changer, offering you a blend of autonomy and support. Let's look at how franchise conversion works and the advantages it brings to the table.
October 15th, 2024 | Financing and Investment
Buying An Existing Franchise
Most people start their own businesses because they’re tired of working for someone else. As the boss, you call the shots and are in control of your own destiny, but the reality is that running a business is a lot of work — and starting one from scratch is even harder.
October 1st, 2024 | Financing and Investment
Master Franchisee: What It Is and How to Become One
In the world of franchising, there are many strategies that a franchise brand may utilize for growth. One growth strategy is to use a master franchisee, sometimes referred to as master franchisors, area representatives, or sub-franchisors.
September 15th, 2024 | Franchising 101
Semi-Absentee Franchise Examples and Options
Ownership of a franchise is a big and exciting undertaking. A semi-absentee franchise ownership offers the opportunity to start and run a new business while still maintaining other pursuits.
September 1st, 2024 | Franchising 101
How Does an Owner-Operator Franchise Work?
What is an owner-operator franchise? With this franchise model, you’ll be involved in day-to-day business operations, making it a rewarding career with financial promise.
August 15th, 2024 | Franchising 101
Franchise Models & Ownership Types
While franchises were once mainly associated with fast food, they’re now a common part of society. From our favorite restaurants, stores to shop at, or businesses in the home services industry, franchises have become a part of everyday life. In fact, there are projected to be an estimated 821,000 franchises in the United States in 2024, with 15,000 new franchises being started by budding entrepreneurs looking to get out of the rat race.
August 1st, 2024 | Franchising 101
