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Helpful Tips For Buying An Existing Franchise
In business seminars, a question that gets asked often is "how do I buy an existing franchise?" The franchise industry is a crucial component of the US economy. According to Statista, there were 773,603 franchise establishments in the USA in 2019, which contributed to...
Equity Crowdfunding 101: What You Need to Know for your Franchise
An Easy Guide Into the Ins and Outs of Equity Crowdfunding Equity crowdfunding is a type of crowdfunding initiative where business owners attempt to raise funds through a large number of people (called “the crowd”). When a person gives money through equity...
What Is a Ghost Kitchen and is it the Future for Food Franchises
The COVID-19 pandemic has impacted almost every industry in some way. One of the hardest-hit, however, has been the food industry. Over 100,000 restaurants have closed in the U.S. over the last six months, and there is no telling how many more will follow as this...
Growing Up Franchising! What It’s Like Growing Up When Your Parents Are Franchisees – Part 2
Part 2: Tending the Farm While franchise ownership is definitely not usually a walk in the park and has its fair share of challenges, for those entrepreneurs who are capable of handling the challenge the benefits can be more than worth it - I learned this from...
Growing Up Franchising! What It’s Like Growing Up When Your Parents Are Franchisees – Part 1
Part 1: Not Exactly a Golden Ticket Growing up as a young man in the Atlanta area, my first jobs included making biscuit batter, flipping burgers, and brewing coffee for all types of different people. My parents were multi-unit operators for brands such as Dunkin’...
Are We Moving To A Completely Cashless Society?
A lot of franchises are moving to a completely cashless operation, including the likes of Dollar General and Family Dollar. Pizza Hut is one of the world’s biggest franchises; three-quarters of the 13,000 Pizza Huts around the world are franchise-owned, and they are...