
What Types of Franchises Are There, And How Much Do They Cost?
There are 3,000 different franchises available in the US, and they fall under five general categories. Cost-wise, they range from $50,000 to over $1,000,000.
Food Service
This category includes everything from:
ice cream shops…

As with anything in life, there are pros and cons involved and it’s important to consider every aspect of them. In this piece, we’re going to take a look at the pros and cons of buying a franchise as a way of getting into your own business. So let’s get started.
Pros
Operating…

The business model of franchising has been called one of the greatest ever developed. Its popularity has to do with its proven track record of success, and the relative ease in which people can become franchise business owners. Franchising contributes a sizeable amount of dollars to the U.S.…

It just got a little tougher to predict the psyche of the current crop of would-be franchise owners, now that Standard & Poor’s has lowered its long-term sovereign credit rating on the United States of America from AAA to AA+.
In addition to lowering the U.S. credit rating, Standard &…

Ultimately, the answer to the question, “Should I franchise my business?” is a personal one. But what franchise systems excel at that all small businesses can learn from is their systematized, replicable way of doing things. If you’re seeking to franchise your business, you’ll need…

I’ve recently been engaged to help sell a very successful national franchise company and been able to observe firsthand many reasons why a franchise company grows to $10 million in sales through 600 nationwide locations. Last year I also worked on the other end of the spectrum, helping two…

The business model of franchising has impacted our economy ever since the 1850s, when the first franchise business was created by the Singer Sewing Machine Company, and I’m very proud to be a part of this exciting industry.
As of this writing, there’s been a serious reversal to the statement…

Sâuçá Foods serves flatbread sandwiches along with 22 different sauces to dress them with – curbside. Yes, that’s right. I said curbside.
Sauca foods is cashing in on that growing trend: the food truck. Now, if you live in the outlying suburbs, or in rural or semi-rural…

It’s a risky proposition to make the move from corporate America to small business ownership. Not everyone has the courage to actually do it. Lots of people look into becoming franchise owners as a way to mitigate their risk. As you’ll soon see, there’s plenty of risk to go around.
Lots of…