Who can take credit for being the first to implement the franchising model is debatable. According to this report by the International Franchise Association, it is widely believed the first franchisor ...
Franchising is not an add-on to your current operation—it is an entirely different business model, and you owe yourself a ...
You may have heard that fear of the unknown is one of the most common reasons people never get started on their dreams. This is very true in the business world. Countless people have wished they could ...
Franchising has been a popular business growth strategy for several decades now. When a franchise plan is executed well, it has the potential to grow a business very quickly and efficiently. But like ...
Discover the meaning behind the industry's most common abbreviations.
People often ask me the same question: "How do I know if franchising is the right decision for me?" As the leader of the International Franchise Association (IFA), I know some things to be true: ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
As companies look to scale their brands without sacrificing control or taking on excessive capital risk, franchising serves as a highly strategic path to expansion. Franchising goes beyond a legal or ...
Congratulations, founder. You've just successfully achieved product-market fit, and things are going well for the business you started. Now it's time to expand. How are you going to do it? Opening new ...
The Franchise Bible, by Rick Grossmann and Michael J. Katz Esq., is one of the leading reference guides and authority on franchising. Published by Entrepreneur Press, it’s a crucial resource that ...
Franchising could put your business on the path to hypergrowth, but only if your business model is a fit. Fast-food restaurants aren’t the only types of businesses that can be franchised; financial ...
Franchises with initial investment costs under $100,000 continue to grow, according to the International Franchise Association, with mobile and home-based businesses among the most popular models. But ...