Franchise Trends

 

Owning A Piece Of The Pie. Is a Food Franchise For You?

When most people think of a franchise, the first names that are mentioned have to do with Submarine sandwiches, and hamburgers. Food related franchises are certainly the most visible type of franchise concept. Interestingly enough, they represent the largest percentage of franchised businesses in…

 

 

Is Franchising a Viable Option For Veterans?

If I were the Director of Franchise Development for a franchise company, and I wanted to find new franchise owners for my concept, one group of people I might want to target is the large number of war veterans that will eventually be returning from Iraq and Afghanistan. Here’s why: 1. The…

Often Overlooked Benefits Of Franchise Ownership

So this is the year you are going to take the plunge into small business ownership. You have tired of the corporate shuffle, you are ready to break free … and you are considering buying a franchise. Everybody that I work with in my franchise consulting role wants to know this really important…

The Top Franchise Trends For 2008

Editor’s Note: Joel Libava (pictured left), our resident franchise expert, gives us an insightful rundown of the big trends in the world of franchises. If you have ever thought of buying a franchise — or turning your business into a franchise for others to buy into — this is one…

Help For the Time Starved: Service Franchises

Editor’s Note: I would like to introduce our newest expert. Joel Libava will be writing a regular column about trends in franchising. In this first article, he discusses how to evaluate franchises by the needs the underlying business solves — in this case, helping time-starved consumers…

Franchises and the Baby Boomer Entrepreneur

Not long ago I met a colleague for coffee at a local Panera — my favorite meeting place. Rich Fein had been a business-to-business database marketer when I first met him back in 1999. He was one of the key people I hired to help build my first Internet business. Rich is an example of a Baby…

Chinese Entrepreneurs Buy Franchises

China’s new entrepreneurial class is growing — and companies like McDonald’s and KFC are vying to pick the best and brightest for their franchises. In preparation for entering the World Trade Organization, China is adopting standardized franchise regulations. Now that China…

Late Bloomers Buying Franchises

Entrepreneur magazinehas a profile of older entrepreneurs who decide to buy franchises in their 50′s and later: “Don’t assume 50-year-olds are past their prime – many are finding that the years after 50 are a perfect time to start a business, and buying a franchise is a…

Franchises Are Big Part of Small Biz Market

Franchising is big business among small businesses in the US according to a study by the International Franchise Association Educational Foundation and PricewaterhouseCoopers. The study reports that franchised businesses account for 9.5% of the US private-sector economy. According to the study,…

Franchising: What’s Hot in 2004

The most stunning growth in franchises during 2003 related to senior-care. And the senior-care market is expected to lead the franchise opportunities in the year ahead. That’s according to Entrepreneur magazine, which is out with its report of the hottest franchise trends for 2004: Senior…

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