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!
Into to Starting a Business in your 20's, 30's, 40's, and 50's
Prospective business owners often enter the arena equipped with a foundational knowledge of entrepreneurship and a working understanding of the various risks, rewards, and uncertainties associated with business ownership—but often fail to take into account one of the most crucial variables of all: themselves.Which unique strengths, vulnerabilities, and lifestyle features are inherent to your age and stage of life, and how will these influence your overarching management style and degree of involvement in the business?
Can I WFH as a Franchise Owner
Widespread adoption of the WFH model has revolutionized workplace and ownership dynamics alike, allowing for a more flexible, hands off style of management. So is WFH right for franchise owners? Read on!
Why Shouldn't I Own a Franchise?
As a prospective franchise owner, the promise of capital gain from a business venture is undoubtedly exciting—but it’s equally important to weigh the potential drawbacks and remain conscious of the potential for disappointment. So why *shouldn’t* you buy a franchise?
What is Subfranchising?
Wherever you are on your franchising journey, you’re likely familiar with the traditional agreement between a franchisor and franchisee to operate one business. However, not all franchising agreements follow this same model. Sometimes, franchisors may allow another party to exercise powers which are typically reserved for themselves. This practice, known as subfranchising, grants the rights and responsibilities of the franchisor to a subfranchisor, or “master franchisee,” within a designated territory.
How Much Time Does It Take to Run a Franchise from Home?
It's no secret that starting your own business can be a very time-consuming endeavor. But what if you could run that business from the comfort of your own home? Believe it or not, this is a possibility with many franchises! In this blog post, we will discuss how much time it takes to run a franchise from home and some of the pros and cons of doing so. We will also provide tips for making the most of your at-home franchise experience!
Franchises That Don't Require a Lot of Effort to Run: Easy and Hard Franchises
There are a lot of different franchises out there that don't require a lot of effort to run. Some are easier than others, but they all have one thing in common: you don't need any previous experience in the industry to get started. In this blog post, we will discuss some of the best franchises that don't require a lot of effort, both initially and long-term. We will also mention some of the drawbacks of each franchise, so you can decide if it is the right fit for you.
Redefining Culture in Your Franchise Holdings
Okay, so you’ve put a lot of thought into your business decisions since entering into a franchise agreement, but have you given much consideration to what kind of workplace you want to be? Culture exists at every organization as a product of the values, mission, and vision of the company, along with the environment created by the choices made by leadership. Although workforce culture is in many ways set by the franchisor, you can make intentional choices as a franchisee which reflect your local community, support your team, and can shape the culture in your favor.
Building a Relationship with your Franchisor
It’s no secret that investing in a franchise involves a lot of effort, a tremendous amount of commitment, and a wealth of connections to maintain. While it’s true that much of this work amounts to running your own business, it’s important to recognize that there are other unique factors to consider. In particular, the relationship you have with your franchisor can be one of your most valuable assets and a key to your success. Let’s take a look at a few areas of focus that can help build a strong, mutually beneficial relationship with your franchisor.
Franchise Disclosure Document: Most Important Sections
When you’re deciding on a franchise to partner up with in your next (or first) business venture, you’ll obviously want to do your research. For most, this is a no brainer, but one thing that might not be is the FDD or Franchise Disclosure Document.