Blog & News
Home Service Franchise Opportunities: Why They’re the Best
Mortgage rates have risen more than 4% since the start of last year, so it’s no surprise that home renovation projects are up — if you can’t afford a new home, you’re going to take better care of the one you have. According to Harvard University’s Joint Center for Housing Studies, spending on home renovation […]
March 9th, 2023 | Home Services Industry
Franchise Agreement: What’s Considered a “Good” Agreement?
If you are new to the world of franchising, you may not be familiar with some of its common terms, including franchise agreement, franchise disclosure document, turnkey franchise, and royalties. Today, we’re going to take a closer look at what’s arguably the most important of them: the franchise agreement. This is a contract you (the […]
February 26th, 2023 | Franchising 101
Franchise Trends That Are Changing the Industry
When many people think of franchising, they think of fast food. Sure, fast food restaurants are some of the earliest and most prominent examples of franchising. But in the past few decades, franchising has evolved far beyond food service. There are franchises in hundreds of industries, including healthcare, travel, fitness, pet grooming, and home services […]
February 10th, 2023 | Franchising 101
Franchise Portfolio: 4 Benefits of Diversifying Your Investments
As a franchise owner, you’re in business not just to earn a living, but also to make money. That means treating your franchises as investments and looking for ways to maximize profit. The most obvious way to do this is owning multiple units of the same franchise in different markets. Multi-unit franchise owners are usually […]
January 30th, 2023 | Franchising 101
What Businesses Do Well In a Recession?
When the economy is booming, it’s a good time to be in business. Consumers have money in their pockets and are not afraid to treat themselves. But when inflation is on the rise, and the economy is heading toward a recession, people tend to keep a tighter grip on their cash, saving it for the […]
January 20th, 2023 | Financing and Investment
Restoration vs. Remodeling Business: What’s More Profitable?
Let’s face it. Most people go into business because they want to make money. If you are looking into starting a business by buying a franchise, begin your search in a booming industry— especially one that’s predicted to keep growing at a double-digit pace for the next few years. According to Verified Market Research, the […]
January 12th, 2023 | Home Services Industry
Get Your Questions Answered on How to Become a Franchise Owner
Owning a franchise can be a rewarding and lucrative way to start your own business, because you’ll also be benefiting from the support and resources of a larger brand. But how can you become a franchise owner? Let’s break it down and explore the steps you’ll need to take to turn your dream into a […]
December 29th, 2022 | Franchising 101
What is a Franchisee Association and Should You Join?
Should you join a franchisee association and are they actually helpful when dealing with franchising issues? Learn more about what to expect. Franchisee Associations Defined As a part of a large franchise system, franchisees may feel like they aren’t sure who to turn to when questions or concerns come up, especially if there’s an issue […]
September 14th, 2022 | Franchising 101
How to Find a Business Partner the Smart Way
A business partner can be a great asset by helping you lighten the heavy load of responsibility and grow faster than going solo. Here’s how to find a partner. Qualities That Lead to Success Opening an independent business or buying a franchise is a big decision, both personally and professionally. The idea to partner up […]
September 6th, 2022 | Financing and Investment
Are Franchises Good Investments? Get the Objective Truth
Exploring opening your own business and wondering if a franchise makes the most sense? Franchises are smart investments due to lower start-up risks but ultimately, your rate of return depends on several factors. See if franchising is a good investment for you. A New Opportunity In the wake of the COVID-19 pandemic, millions of people […]
August 1st, 2022 | Franchising 101
