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
After spending years in the nonprofit sector serving families impacted by muscular dystrophy, heart disease, and arthritis, Laura Rolfe realized she wanted to continue changing lives – just in a different way. So she took a page from her parents and grandparents – who have run a family business since 1955 – and explored business ownership, something she believed would create independence, stability, and long-term opportunity. By Jessica Petrucelli
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
Ray Glover was working 12 hour days and clocking in on the weekends, serving a large national tenant in the commercial real estate industry. He was stressed, overworked and not loving the life he was living. So, he decided to use that same time and energy to launch his own business and seek a better work/life balance. By Jessica Petrucelli
When considering an investment in a franchise opportunity, prospective owners naturally hope the franchise will invest in them as well. While franchising can be an exciting path to business ownership, it can also feel like a daunting step. Knowing the franchise’s support system is strong and reliable can make all the difference. By Don Clayton
If you are in the medical or senior care industry, you know that caring is just the beginning – and it is often what drives someone to start or join a franchise brand. By Dawn Abbamondi