Blog & News
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% […]
octobre 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 […]
septembre 28th, 2023 | Franchising 101
Disadvantages of Franchising and How to Overcome Them
The dream of owning a business, of being your own boss, is a vision shared by many. It’s a vision that signifies freedom, control, and the opportunity to turn your passion into a livelihood. The prospect of entrepreneurship offers various paths, each with its unique appeal: starting a business from scratch, acquiring an established business […]
septembre 1st, 2023 | Franchising 101
Franchising Statistics: What’s the Rate of Success?
If you’re thinking about franchise ownership as a way to make a better life for yourself, you’ve likely been researching franchise success statistics. What makes a franchise successful? What percentage of franchises fail? These are questions we discuss with potential franchisees at Home Franchise Concepts, and we have some insight to share with you when […]
août 27th, 2023 | Franchising 101
Franchise Business Plan: How to Effectively Write One
You’ve probably heard the saying, “If you fail to plan, you plan to fail.” If you are thinking about entering the world of franchising, you first need to craft a solid business plan. A business plan is a formal written document that outlines your goals and describes how you plan to achieve them, while allowing […]
août 12th, 2023 | Franchising 101
Painting Franchises: Are They Profitable?
While the pandemic was a tough time for many businesses, it actually had a positive impact on the home improvement industry. Homeowners began spending more time in their houses due to lockdowns and restrictions, and many decided they needed more comfortable, functional, and esthetically pleasing environments. Some remodeled, some redecorated, and some simply painted. According […]
juillet 22nd, 2023 | Home Services Industry
Corporate Burnout: Spotting the Signs & Action Steps to Take
Do you dread getting up and going to work every day? Do you live for Friday? Are you counting the days (years) until retirement? If so, you may be suffering from corporate burnout. Whether it’s a bad boss, the drudgery of the work itself, or not getting paid what you are worth, for many people […]
juin 5th, 2023 | Experience and Career History
Franchise ROI: How Much Can You Expect to Make?
Buying a franchise can be a profitable decision. It may even be a very profitable decision. No one can say for certain how much you’ll earn, but to make a smart investment, you’ll need to understand the profit potential of the franchises you’re considering. In order to do this, it’s crucial to compare the franchise […]
mai 26th, 2023 | Franchising 101
Be Your Own Boss: Realistic Advice & Career Paths
Ready to be your own boss? Here are the best advice and career paths to consider if you’re looking to break free from the corporate world and blaze your own trail. The Evolution of Modern Work In the mid-20th century, it was common for people to spend their entire careers working for the same company, […]
mai 17th, 2023 | Experience and Career History
Pros and Cons of Being a Franchisee
Starting your own business isn’t easy. That’s why many new entrepreneurs look to franchising as a simpler path to owning their own business. But it’s not for everyone. To find out if franchise ownership is right for you, let’s examine the pros and cons of being a franchisee. The Benefits of Being a Franchisee Franchise […]
avril 28th, 2023 | Franchising 101
