Franchise Direct Blog
Top Regrets of New Franchise Owners and How to Avoid Them
One of the best things about franchising is there are people who have "been-there-done-that" with the exact business you want to run. Here are three of the top regrets of franchise owners and how to avoid them.
Franchise Ownership for Young Entrepreneurs: Getting Started
Entering the world of franchise ownership can be an exciting yet challenging journey, especially for young entrepreneurs. Franchising offers a unique opportunity to operate a business with the support and guidance of an established brand. Here’s a comprehensive guide to help young entrepreneurs get started with franchise ownership.
3 Helpful Tips to Find a Great Location for Your Franchise
In this post, franchise expert Joel Libava shares three valuable and helpful tips to help you find an ideal location for your franchise business.
Why Home-Based Franchises Are Booming in 2024
Home-based franchises have experienced a significant surge in popularity in 2024. This trend can be attributed to several factors, including technological advancements, shifting work preferences, and economic considerations. This article explores the reasons behind the boom in home-based franchises and why they are an attractive option for aspiring entrepreneurs.
Understanding Franchise Agreements: What To Look For
Entering into a franchise agreement is a significant step for any aspiring entrepreneur. This legally binding document outlines the relationship between the franchisor and the franchisee, detailing rights, obligations, and expectations. To ensure you make an informed decision, it’s crucial to understand what to look for in a franchise agreement. Here’s a comprehensive guide to help you navigate this complex document.
Don't Neglect These 4 Considerations When Choosing a Franchise
The best way to choose a franchise that allows you to love your work as much as possible is to ensure you’re considering the right things before signing on. Here are four considerations to make to help you make that choice.
7 Reasons to Start a Franchise for Families
Here are seven reasons to look closer at franchise opportunities that are considered family-forward.
Is Summer the Right Time to Invest in a Franchise?
While summer typically is a time for rest and relaxation, there are distinct benefits to taking the leap into franchise ownership during the warmer months. Here are three of those reasons.
Mastering Franchise Management: Proven Tips and Strategies for Success
Whether you're a seasoned franchisee or just starting out, effective franchise management is crucial to your long-term success. In this post, franchise expert Joel Libava shares some of his top strategies for managing a franchise business effectively.
How to Understand Franchise Royalties When Choosing a Franchise
Unfortunately, trying to understand royalty fees often leaves many potential franchisees scratching their heads. Let’s dig deeper into royalty fees, why they exist, and what to look out for.