Franchise Direct Blog
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Should You Own Multiple Franchise Units?
For many, the potential benefits inspire them to want to dive in headfirst and start multiple franchise units. While there’s tremendous earning potential around being a multi-franchise owner, there are also some considerations that you should make before committing to this route.
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Starting a Franchise in Uncertain Times
The New Year is a time of fresh starts and new beginnings. However, headlines might give you a sense of uncertainty about whether or not to proceed with a franchise endeavor. To make the right decision for your circumstances, it’s a good idea to break things down on a macro and micro level.
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Can Your Franchise Business Be a Family Business?
Does owning a franchise business that includes family members could make sense for you? Here are some things to consider if you're pondering making a franchise business be a family business.
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4 Martial Arts Franchises to Consider
There’s something about martial arts that consumers are drawn to like a magnet. Because of the consistent consumer demand, starting a franchise in martial arts has a lot of potential. Here are four martial arts franchises to consider starting.
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Qualifying for a Franchise: 6 Steps to Build Net Worth
It's no big secret: A higher net worth helps you achieve your franchise ambitions more efficiently. Here's 6 ways to raise yours for a more attractive franchise application.
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Q&A with Franchise Financing Expert Frank Gallagher
Franchise financing expert Frank Gallagher answers some questions on the state of the current franchise lending environment and how prospective franchisees can better prepare themselves to apply for credit.
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How Bad Credit Impacts Your Ability to Buy a Franchise
Similar to large purchases that can require financing, like buying a house or car, opening a franchise can be impacted by your credit score.
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Loan Expectations for First-Time Franchisees
The loan process can be daunting, especially for a first-time franchisee. Increase your readiness for the process by reading this post.
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7 Questions to Ask Before Financing Your Franchise
Before going to a bank or other lender for franchise financing, prepare yourself by answering these seven questions first.
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Franchises Failures Do Happen – Usually for These 8 Reasons
No business is free from risk, but knowing where weak spots appear most often will help reduce the likelihood of failure.