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
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
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
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