Franchisee Resource Center
Your headquarters for guidance and information on researching, finding, and launching a franchise.
Whether you are just starting to look into franchise ownership or are ready to figure out financing options our courses will give you the information you need to be ready to become a franchise owner.
We'll help you quickly build your franchise ownership profile, then present you with a personalized list of franchises you can open - based on your goals, investment budget, interests, and more!
Rebuilding Michigan Through Franchising
Juggling work and a degree is no easy task. But that didn’t stop Timothy Rice, a serial entrepreneur and owner of multiple franchises. He studied at the University of Michigan for over 10 years to earn a degree in consumer behavior, economics, and public relations. Upon graduating in 2005, Rice entered the corporate world, but quickly found that it was not a match with his skills or his lifestyle.
How Much Money Can My Franchise Make?
With a basic grasp of accounting, a willingness to read through FDDs, and the ability to perform some simple arithmetic, you can build a basic set of financial projections (your mini business plan in numerical form) to estimate the potential profit of your franchise investment.
Advanced Franchise Accounting Terminology
If learning about things like GAAP accounting, revenue recognition policies, and the intricacies of cost vs. expenses fires you up, you're going to love this post.
5 Things Potential Franchisees Need to Prove
There are specific qualities that franchisors look for when they review the applications of potential franchisees. Franchisors want to avoid high risk prospects and favor applicants who exhibit an ability to manage a business and adapt to their environment.
20 Franchises All Female Entrepreneurs Should Know
Female business owners account for roughly a quarter of total franchise unit ownership today, according to data from Pricewaterhouse Coopers and the International Franchise Association. As the number of women investing in franchised businesses grows, franchisors are taking notice and increasingly directing their recruitment efforts towards the female demographic.
Your Post-Career Career: Why It's Never Too Late to Become an Entrepreneur
Societal norms be damned, entrepreneurs come in all sizes and ages. Let age restrict you no longer.
The Franchise Crash Course is almost ready! Can you help us out?
What are your top 2 MUST ANSWER questions for our upcoming Franchise Crash Course?
Advice for Women Business Owners: How to Achieve Success and Sanity
Just imagine yourself as a successful female entrepreneur, running the type of business that keeps you fulfilled in life, while you have the freedom to live your dreams. What does this look like to you? Do you spend your days traveling the world with the love of your life? Do you work remotely from home so you can spend more time with your children while they are still young? Are you setting an example for young women who aspire to reach your level of success someday?
Minority, Women Entrepreneurs Find More Opportunity in Franchise World
While there are many risks and hurdles involved in starting a new business, there are also many rewards. If you’re ready to start it up, but aren’t in the position (financially or otherwise) to risk it all in starting something new, you may consider franchising. Franchising offers many benefits to aspiring entrepreneurs, especially to minorities and women, who are seeing more opportunities in the franchise world in recent years.