Blog & News
Top 4 Franchise Industries Showing High Growth Today
Franchising is on an impressive upward trajectory, signaling a golden era for entrepreneurs looking to venture into this dynamic sector. The IFA 2024 Franchising Economic Outlook projects a 4.1% increase in total franchise output, which would grow the industry to $893.9 billion in 2024, an increase of more than $35 billion over 2023. This robust growth […]
March 5th, 2024 | Franchising 101
Buying an Existing Business vs. Franchise: Comparison
The desire to start your own business is often born from the frustrations of working for someone else. As the boss, instead of having to do what you’re told, you tell others what to do. You are in control of your own destiny. But the hard reality of it is, running a business is a […]
March 2nd, 2024 | Financing and Investment
Top Work From Home Franchises to Consider
Top Work-from-Home Franchises to Consider Dissatisfied with your job? You’re not alone. Gallup’s 2023 State of The Global Workplace report found 60% of employees are quiet quitting, 44% suffer workplace stress, and 51% are watching for or actively seeking a new job. These employees are looking for the improved well-being associated with a good work-life […]
January 15th, 2024 | Franchising 101
Top Home-Based Businesses for Sale to Consider
Top Home-Based Businesses for Sale to Consider There are approximately 16 million home-based businesses currently operating in the U.S., so it’s not surprising that running a business from home is attractive to many people who are looking to build wealth and have more balance in their lives. There are two ways to do that: start […]
January 1st, 2024 | Franchising 101
Franchise Disclosure Document: What to Look for When Reviewing an FDD
Franchise Disclosure Document: What to Look for When Reviewing an FDD by Aaron Cady, Vice President, Franchise Development, Home Franchise Concepts Congratulations on reaching the level of your due diligence into franchising, where you can review the most critical document in the process, the Franchise Disclosure Document (FDD). Over my 17-year career in franchising, I’ve […]
December 1st, 2023 | Franchising 101
Starting Your Dream Business: The Very First Steps to Take
Many Americans dream of owning their own business; the concept is so deeply ingrained in our nation’s psyche that it has been simply called “The American Dream.” Being your own boss represents freedom, independence, and the opportunity to shape your destiny. Yet, many aspiring entrepreneurs never make this dream a reality. There is no doubt […]
November 15th, 2023 | Franchising 101
Franchise Research: All Inclusive Guide to the Best Opportunities
For many aspiring entrepreneurs, the path to business ownership leads to franchising. It’s a compelling choice, given the proven business model and operational support that reputable franchisors provide. But not every franchise is a good investment. Some companies are better than others, and even a great opportunity might not be the right one for you. […]
November 1st, 2023 | Franchising 101
History of Franchising: When and How It All Began
History of Franchising: When and How It All Began The dream of entrepreneurship, of being your own boss and shaping your destiny, has always been a powerful one. Franchising, in particular, holds a unique appeal. It combines the excitement of entrepreneurship with a proven system, established brand recognition, and ongoing support. To truly appreciate the […]
October 27th, 2023 | Franchising 101
8 Common Franchise Mistakes to Avoid
8 Common Franchise Mistakes to Avoid Buying a franchise can be a great way to start a business, but as with any investment, there are no guarantees. The question “how many franchises fail?” is hard to answer, but research by the Franchise Brokers Association estimates the franchise failure rate may be as low as 20% […]
October 5th, 2023 | Franchising 101
Evaluating a Franchise Opportunity in 7 Steps
Considering the leap into entrepreneurship? Dreaming of being your own boss? The world of franchising offers a remarkable gateway into making that dream a reality. With so many opportunities available, it’s crucial to be well-informed when selecting a franchise. Properly evaluating a franchise opportunity does more than let you know if it’s a good investment […]
September 28th, 2023 | Franchising 101
