Buying a franchise is not a simple task these days – With virtually hundreds, if not thousands, franchise opportunities present, choosing some, let alone one, opportunities that you are interested in is trivial. You need help – You need the services of a franchise consultant. A franchise consultant can offer you expertise and guidance from…
You can’t simply please everybody. This fact also applies in franchising. If you are a franchisor, you can’t simply keep all of your franchisees happy, no matter how well you set the SOP (a.k.a. the “game plan”) and how hard you try to please your franchisees. The cold hard truth is, “bad” franchisees will nag,…
If you love being around with your family and running your own business home-based, these franchises might interest you. These franchises are not my personal recommendation. There are some versions available, but I always consult to Entrepreneur.com’s Franchise 500 for trusted and comprehensive franchise references. The top 10 home-based franchises list is dominated by commercial…
I have invested in franchise opportunities and business opportunities, and I concluded that there is one major difference among those two: The level of support. For those of you who think that franchise fees and royalties are simply useless and waste of money, think again – You will receive what you have paid for. Many,…
Franchise opportunities expo or franchising fair is always visited by a lot of people, worldwide. Especially in some part of the world, franchise opportunities expos seem to attract a large number of visitors in record breaking pace – One of the proofs that franchising is recession-resistant. I have attended some local franchising expos for quite…
With all the hypes surrounding social media, not to mention the battle in popularity between Twitter and Facebook, one question arises: Will social media make a difference to franchising? If so, how to use it for the benefit of your franchise? An early answer to the former question: Social media is making a difference to…
