What Does a Franchise Owner Do? Starting with a franchise, some people might ask, ‘well, what does a franchise owner do?’ imagining that they’re just sitting back with their feet up while the business runs itself. The franchise owner’s job description, however, as anyone in the field knows, contains a lot of responsibilities, not just in terms of operating the …

Are Franchises a Good Investment? For those with capital to invest, a franchise opportunity is an alternative investment asset that is hard to ignore for a number of reasons—investing in a franchise suits a wide spectrum of investing styles, those who want a steady passive income with minimal input as well as those who want to be more involved in …

The Best Way to Work Work takes up about anywhere from a fifth to a third of your life between the ages of 18 and 66. That’s a lot of time for your body to be in a specific position or doing certain things repetitively, and over time, poor choices can negatively impact both physical and mental health. It’s not …

Does a Franchise Count as a Small Business Community is important to most people, and ‘buying local’ can be a way for people to support local stores where they know the money will be staying in the community rather than going to some major international corporation. For franchisees, this means they sit in an odd space. They might be connected …

A franchise fee is the upfront fee that a franchisee must pay to the franchisor to use their brand, trademarks, and business systems. This initial franchise fee can be seen as the entry price into the franchise system, after which the franchisee gets to avail of all the benefits offered by being part of a large franchising group. For the …

Franchising is a popular way for many people to start their own business, offering many benefits over starting their own business outright. But how does a franchise work? Here we’ll take a look at the whole process of how a franchise works and what any potential franchisee needs to know before they start out. How a Franchise Works 1. An …

Veteran Franchise Owners Veteran business owners play a huge role in the US economy, especially in terms of small business ownership. Veteran-owned companies make up 9% of all companies in the US, contributing over $1 trillion to GDP and employing over 5 million people. Veterans have shown great adaptability in transitioning to the world of business after their service. This …

Starting any business requires a significant amount of up-front funding as well as working capital to at least see you through the early stages of building the business. The same goes for starting a franchise, with some of these initial costs being even clearer, such as the cost of buying a franchise and franchise fees on top of the inventory …