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Franchise Direct Blog

Essential Steps for Aspiring Franchise Owners in the U.S.

by Donal Higgins| October 24, 2024| Franchise Direct Blog
Entering the U.S. franchise market can be a promising venture, offering access to established brands and support systems. Prospective franchisees should evaluate critical aspects such as location, financial planning, and the support provided by franchisors. Choosing the right location is key to capturing customer interest, and understanding the costs involved—from franchise fees to operating expenses—is crucial for financial readiness. Franchisors often provide comprehensive training, ensuring that new owners can maintain brand standards and operate efficiently. By carefully considering these factors, franchisees can set themselves up for lasting success.

Two Franchise Industries Showing High Promise, Even with Economic Uncertainty

by Kimberly Crossland| October 23, 2024| Franchise Direct Blog
Two franchise industries with high promise in today’s economy: the personal services industry and the quick-service restaurant industry. We dive into what could be the factors behind their relative stability in a time many are calling economically uncertain.

Why You Should Start a Food Franchise in 2024

by Donal Higgins| October 09, 2024| Franchise Direct Blog
The food industry is one of the most dynamic and rewarding sectors, and opening a food franchise in 2024 presents unique opportunities for both aspiring and experienced entrepreneurs. Whether you are looking to tap into an already successful brand or expand your business portfolio, here are compelling reasons why 2024 is the perfect time to invest in a food franchise.

3 Things All Franchisors Want Franchisees to Focus On

by Joel Libava| October 02, 2024| Franchise Direct Blog
While you have some autonomy to manage your franchise location, it's crucial to understand and align with your franchisor's expectations. While those expectations may vary from franchisor to franchisor, there are multiple areas where expectations overlap. Here are three of those key areas that franchisors consistently want their franchisees to focus on.

5 Metrics to Look for When Analyzing Franchise Options

September 18, 2024| Franchise Direct Blog
Using these five metrics can help you gain a better understanding of what to expect when you open your franchise doors as well as give you an idea of what to keep an eye on when you're up-and-running.

Should You Join a Franchise Association as a Franchisee?

by Kimberly Crossland| September 11, 2024| Franchise Direct Blog
As a franchisee, you have the opportunity to join a number of franchise associations. What is their purpose? What are the potential benefits to you? We summarize the key points in this post.

4 of the Better Times to Purchase a Franchise

by Joel Libava| September 04, 2024| Franchise Direct Blog
Timing is everything -- and that can certainly be true when buying a franchise. Here, franchise expert Joel Libava shares four of the best scenarios for franchise buying.

The Role of AI in Modern Franchise Management

by Donal Higgins| August 28, 2024| Franchise Direct Blog
Artificial Intelligence (AI) is revolutionizing numerous industries, and franchise management is no exception. From streamlining operations to improving marketing strategies, AI is becoming an integral part of modern franchise management.

How the Concept of Ikigai Plays a Role in Your Franchise Choice

by Kimberly Crossland| August 21, 2024| Franchise Direct Blog
Wondering how to find a franchise that will fulfill you? Consider the Japanese concept of Ikigai. Thinking about your decision through the lens of the four questions that make up the Ikigai philosophy can help your make a purposeful choice.

5 Things to Consider as You Narrow Your Franchise Search

by Kimberly Crossland| August 14, 2024| Franchise Direct Blog
Searching for a new franchise can be overwhelming when you have so many quality choices. If you’re unsure on how to continue, here are five questions to ask yourself as you narrow your search.

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