Search Results for: franchise sales
Franchise Brokers vs Franchise Developers What You Need to Know
December 17, 2010 by
As you continue to research how to franchise your business and are seeking out franchise developers to help, you are bound to run into “franchise brokers”, although you may not even know it! A franchise broker is someone who may present him or herself as a franchise consultant, a franchise advisor, a franchise coach and…
Who Are Franchise Brokers?
February 2, 2010 by
In the franchise space you will come across a variety of different terms and it can get very confusing very fast. Before you know it, your head is spinning and now you are even more confused than when you started. One of these terms is “franchise broker”. So who are they and what do they…
Things You Should Know About Advertising For Franchisees
April 4, 2009 by
The whole idea of franchising your business is to award franchises, right? This means advertising for franchisees. Franchising is a steady and healthy industry that has proven to weather any economic storm. Especially now, when the economy experiences a downturn or in a recession (as history has shown) entrepreneurs come out of the woodwork purchasing…
What is The Biggest Risk to Franchising a Business?
January 30, 2020 by
In the fast-paced world of business, franchising has always been a popular way for someone like yourself looking to scale business operations. However, amidst the excitement of growth and profit potential, there lies a critical pitfall that you and many other aspiring franchisors often overlook, hence the biggest risk to franchising a business which is…
Financial Performance Representations vs Audited Financial Statements
January 30, 2020 by
The franchise development process makes mention of two financial concepts: Audited Financial Statements and Financial Performance Representations. Often times these two topics lead to confusion. Audited Financial Statements and Financial Performance Representations are two different things. Let’s start off with a definition of each. Audited Financial Statements Audited Financial Statements are statements that are prepared…
Are These Attorney Tactics Creative or Desperate
November 10, 2019 by
Yep believe it or not attorneys find themselves turning over every rock to find work. Sometimes young attorneys get a quick wake-up call that just because they passed the bar exam and are licensed to practice law does not necessarily mean that people are crashing down their door for their services. So as a result…
Say No to Long Term Commitments When Franchising Your Business
July 26, 2019 by
It can get confusing when seeking out a company to help you franchise your business. You are bound to come across some companies that claim to want to be in the relationship with you for the long-haul. In other words, these companies are asking for long term commitments when franchising your business with them. Wait…
Mistakes New Franchisors Make
June 22, 2018 by
Franchising is an industry that has helped many business owners (like you) expand into different markets while at the same time allowing other entrepreneurs “to be in business for themselves, but not by themselves” (as the saying goes). It sounds great, right? And it is…. when franchising is executed correctly. However there are certain mistakes…
Franchising a Business Requires Your Involvement
May 13, 2016 by
When looking to franchise your business you may be asking yourself, “Do I really need to be involved?” The franchise development process will not drain your time (in fact our process is not very intrusive at all to your already busy schedule). However we cannot ignore the fact that once you are approved as a franchisor,…
Don’t Make a Deal with the Devil after Franchising Your Business
April 29, 2016 by
The value of being a client of The Franchise Maker does not stop once your franchise development is finished and you are out in the marketplace offering franchise opportunities. Nope, we are so passionate about the franchise industry that we continue to look out for you even after our work is done. The unfortunate truth…
Uncovering the Truth About Franchising Your Business
March 25, 2016 by
Warning! When it comes to franchising there seems to be a lot of deceitfulness, games and gimmicks out there (see our President’s full warning message about franchising your business). It never fails to amaze us when we hear about some things people find when researching companies that claim to do franchise development. Hard to Believe…
When Franchising Get Ready To Advertise and Entertain!
November 17, 2014 by
Let’s paint a picture of what you can expect your new role to be as a “franchisor” when you franchise your business. Exciting times indeed! You have just spent a few months with us to structure and put together your franchise package. Now it is time to tell the world and finally get back to all those…
Becoming a Franchisor Means Always Being Involved!
June 8, 2013 by
You have worked hard to grow your business to where it is today. Now you are eager to take the next step of becoming a franchisor but you are a bit apprehensive. It is exciting yet nerve-racking at the same time! At The Franchise Maker, we talk with business owners every day. We will help…
Write Yourself Into Franchising Success
February 15, 2011 by
As you begin your journey into franchising, you’ll likely be faced with many new and perplexing challenges. The Franchise Maker will help you with many of them, and we will suggest avenues for you to pursue to heighten your chances of being successful. That being said, you might wonder why writing would be of concern…
Franchising: A Down Economy Helps
July 12, 2008 by
Yep, you read the title correctly. Some of you may ask: “What is he saying, franchising while the economy is experiencing a downturn is good news for the franchise industry?” Actually, that is exactly what I am saying. During the last economic downturn, the growth in franchise systems was strong. The reason is because franchising…
How to Research Companies That Do Franchising
January 31, 2020 by
You are serious about wanting to franchise your business and so you start doing your research on companies that do franchising. You are not sure who to trust or what to believe. There are so many companies that you come across that offer franchise development in addition to a potpourri of other services. You are…
How Much Money Can I Make Franchising My Business
January 28, 2020 by
When thinking about franchising your business you probably have lots of questions. One question we sometimes get when talking with people about franchising is, “How much money I can make franchising?” Let’s tackle this now. Is it Possible to Figure Out How Much Money I Can Actually Make Franchising My Business? The bottom line is that…
Things to Do Before Franchising Your Idea
January 10, 2020 by
You are super excited because you have a great idea for a business. You believe that your idea is revolutionary and may even be a paradigm shift. You have researched your idea and realize it is something no one else has ever thought of doing. Maybe your idea came to you while you were driving,…
What Franchising Can Do for My Business
November 13, 2019 by
Do you have a business and thinking about wanting to grow it? Perhaps franchising is something that has crossed your mind. There are both obvious and not-so obvious things that franchising can do for your business if you choose to go down that path. In general, when people think of franchising, the types of franchise…
What are You Franchising
October 31, 2019 by
You really want to franchise your business. As you are thinking about how you can make things easy for duplication, you figure the best thing to do is make what you want to franchise so simple that all someone has to do is either just sell or perform a service. You figure that if you…
Secrets to Business Franchising
October 21, 2019 by
If you are like most business owners you are constantly on the go, wanting to improve your business and thinking about how to get to the next level. You started your business perhaps out of an idea or maybe a passion and your business has continued to grow over the years. Maybe when you started…
Want to Know the Secrets to Restaurant Franchising
June 28, 2019 by
As a restaurant owner you have found yourself in a position where you have great traction, great sales and perhaps you have even won some awards for your food. Your restaurant may have been recognized and it is very satisfying to know that what you have created has produced a positive effect on people. When…
Expanding Your Business, What are Your Options?
June 6, 2019 by
You are thinking about expanding your business but don’t want to do it all on your own. You begin to realize that when it comes to expansion you have several options for growth outside of opening more locations yourself. It really depends on your goals and what you want out of your relationship with your…
Franchising is Regulated to Keep You Honest
August 21, 2018 by
Any change you make, every move you make, they will be watching you. Sound like a song? Well it is, but we are referring to franchising, specifically if you choose to franchise your business and what it will look like in the future because franchising is regulated. That’s right, it doesn’t stop just because you…
Will Franchising Help Grow My Struggling Business
July 13, 2018 by
Franchising has the potential to help your business become a national brand and could be a solution if you want to rapidly expand your business at a rate that you could not otherwise do on your own. However, there is information out there suggesting that franchising will help grow your struggling business. So will franchising…
Franchising Your Business and How it Will Affect Your Future
August 9, 2017 by
Does this sound like you? “I have been thinking about franchising my business but I want to have some idea how it will affect my future. I am concerned about giving up control, the people who will be operating my business and will I be able to succeed as a franchisor?” These questions are valid…
A Couple Advantages of Franchising as a Strategy for Growth
February 28, 2017 by
Are you looking for ways to stand out and stay ahead of your competition? Franchising may be a strategy. Yep, that’s right franchising your business can actually help you beat your competition. How exactly does a franchising strategy actually work? Easy, let’s take a minute to explore it. Opportunity for Accelerated Growth Saturate the market….
What is Franchising?
January 13, 2017 by
Franchising, when people hear this word it may mean different things for different people. It could mean someone is looking to franchise a business. Or it could mean someone is looking to buy a franchise. Either way the facts are that in 2017 alone franchising directly contributed $745.3 billion dollars out of our $17 trillion dollar economy and…
What Makes Me More Money, Franchising or Opening Other Locations?
December 9, 2016 by
Perhaps you are thinking about growing your business and you’ve thought, “Do I make more money franchising or opening other locations?”. This is a good question and depends on many variables including how involved you want to be and how many more locations you actually plan to open. Let’s explore this a bit further. Open Few…
A Custom Approach to Franchising Your Business
November 11, 2016 by
Recently we were talking with one of our clients and he brought up in conversation that he decided to use The Franchise Maker to franchise his business because he saw right away that we offer more of a tailored and custom approach. So what does a “more tailored and custom approach to franchising your business”…
