First, decide whether you want to get a franchise that falls into an industry where you've already had plenty of experience or if you're looking for something different in your life. This can be key.
Expanding a brand can be costly and risky, however, and many smaller business owners have failed trying it, either because their product or brand wasn't suitable for franchising or because they rushed the expansion. Here are a few tips about what you need to franchise a bu...
Read MoreWhat are the most profitable franchises to own? When you are looking for a franchise business, you want to find one that will give you a great return on your investment. There are a number of ways to go about finding a franchise that will work for you.
Read MoreIf you've never run a business before, however, knowing where to start can be difficult. In fact, there are things to consider before you purchase a franchise that you may not even think about. Fortunately, a franchise consultant can be a big help before you make a franchi...
The franchise sector has shown steady growth over the past few years, and economists expect this trend to continue. In fact, the GDP of the franchise sector is projected to outpace overall U.S. economic growth this year – 5.1% to 3.9% – according to a report by IHS Markit Econ...