High investments can be a barrier for entry for many in considering a franchise. And while a lower investment can be attractive, understanding the pros and cons is valuable. One of our resident experts, Mike Halpern, CAFC and owner of Franchise Freeway, a FranServe, Inc. affiliate, weighs in on low-cost franchise brands and how they might be a great option for aspiring entrepreneurs. By Nancy E. Williams
Franchise consultants are used to hearing the same things when working with investors. One of those things is the interest in the “big name” franchise brands. Scott Stephenson, a FranServe Certified Franchise Consultant (CFC), shares his answer to this particular topic when it comes up. By Don Clayton
Franchise concepts in that “sweet spot” under $100,000 are in demand. Do you happen to own a small to medium business in one of these categories and you are thinking about franchising your brand? By Dawn Abbamondi
After surviving a couple of rounds of layoffs at his last corporate job, Daniel Purim finally succumbed to a company-wide downsizing. By Jessica Petrucelli
For our June issue Special Section: Food + Drinks, we asked Janice Durant, CFC and president of New Trails Business Consultants, Inc., a FranServe, Inc. affiliate, to share some of the expert advice she provides clients on the largest franchise industry in the world. By Nancy E. Williams
I recently came across a quote from Aaron Harper, Founder and Chairman of Rolling Suds, that perfectly captures why anyone considering entrepreneurship through franchise ownership should seriously explore working with a Certified Franchise Consultant. By Don Clayton
When it comes to successful models in franchising, new owners always enjoy the latest food and drink brands. From morning till night there is a wide variety of models to choose. Maybe it is a cafe serving up breakfast and lunch, or a hyper-focused concept including donut or bagel bakery offerings – there are also a variety of drink categories from coffee to bubble tea and non-alcoholic alternatives like dirty sodas – plus, the traditional full-service restaurants. What you have is a full menu of choices and while it isn’t always easy to choose you can walk away satisfied. By Dawn Abbamondi
Franchise resales are a hot topic for aspiring entrepreneurs who don’t want to start from scratch, but to understand the world of franchise resales, it’s important to consult an expert. Mike Halpern, CAFC, owner of Franchise Freeway, a FranServe, Inc. affiliate, is just that. Halpern was asked to share his knowledge and insights on this topic. By Nancy E. Williams
Don’t get me wrong – I love a good burger and some fresh, crispy fries. And there are some fantastic franchise brands that offer exactly that. However, when a novice investor assumes franchising only exists in the fast-food space, they’re missing the bigger picture. In reality, franchising spans dozens of thriving industries and opportunities that many investors never even realize exist. By Don Clayton
Franchising is a unique, forward thinking and diverse industry with small businesses that collectively create BIG impact. You can be a solo business owner, just one person in a side hustle – or the leader of dozens of employees – making a difference for those around you while improving your local community. By Dawn Abbamondi