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How a Franchise Business Operates

The Franchise System: An Introduction Franchising is an interesting alternative to the standard small business model where you set up and run a business entirely independently. Franchising is particularly popular in the US, where successful business ideas are replicable under relatively similar conditions across a huge continent and population. The franchise system allows a business to rent out a concept …

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Best Home Repair Franchise

Screenmobile is proud to announce that it has been named Entrepreneur magazine’s #1 Home Repair Franchise — considered the world’s first, best and most comprehensive franchise ranking. Screenmobile has long been a member of the Franchise 500 list under the “Home Repairs” category, climbing up the magazine’s “Top Franchises for Less Than $100,000” list over the previous two years. The …

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Franchise Owner Duties and Responsibilities

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 …

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Investing in a Franchise

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 …

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Benefits of Working with Your Hands

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 …

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Is a Franchise a Small Business?

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 …

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What is a Franchise Fee?

A franchise fee is the upfront fee that a franchisee must pay to the franchisor to use their brand, trademarks, and business systems. For the franchisor, this fee covers their responsibilities and business needs on their side. This can include the commission to a franchise sales rep, marketing about their opportunities, and keeping a support team and back office running. …

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How Does a Franchise Work?

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 …

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Why Veterans Make Good Franchise Owners

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 …