There comes a point in life where there is no tomorrow, only yesterdays. A time where we remember the past knowing our future is limited. It can be a time of deep reflection, and that is the case with my friend, Bill Shearon. I met Bill about 15 years ago during my work with the ... 12 Lessons While Nearing the End of the Road...Read More
Those who are familiar with the business side of franchising may know that private-equity firms have viewed franchises as attractive investments. Due to several recent high-profile examples of private-equity companies purchasing franchises, this growing relationship has come into greater focus as one of the biggest trends in franchising. Last year, Roark Capital Group bought Buffalo … The Increasing Role of Private-Equity Firms in Franchising
Seeing as Thanksgiving is this week, I thought it might be a good idea to touch on the concept of “gratitude”. Why gratitude? Because gratitude is the single most important factor in both health and happiness (and business). Have you ever run into those people who are always griping about something? They are always complaining … Gratitude is Key to Good Health, Happiness and Success
There may be no better time to explore becoming your own boss by opening your own franchise. Branching out can be scary, but according to the latest numbers from the International Franchise Association (IFA), the franchise industry is still experiencing positive growth. The IFA’s Franchise Business Economic Outlook for 2017 report looked at more than … 2017 State of the Franchise Industry
Think Outside the Franchise Box When you think about franchises, do cookie cutter restaurant chains and retail stores come to mind? Think again. You may not have been thinking of a niche or more unique business concept when you first started pursuing a franchise, but maybe you should. Whether it is a high-end pet resort … 5 Unusual Franchise Concepts
Think becoming a franchise owner is your next career step? There are many advantages to running your own franchise—from the freedom to be your own boss to the comfort of knowing you have the backing of a proven system. But before selecting the franchise that is right for you, it’s important to align your heart … Logic vs. Emotion in the Franchise Buying Process
Looking back at 2016, what types of franchises experienced the most growth? Personal services, lodging, business services, quick-service restaurants, retail products and services, and commercial and residential services were all forecasted to grow from 1.6 to 1.9 percent over the last year. The top two industries that experienced the most growth were personal services and … 6 Franchises to Watch in 2017
Want to create a lasting legacy that can be passed on to your children? When you first think of buying a franchise business that may not be your initial goal, but a franchise is a great way to give your children (or spouse) a valuable and sustainable income source. It’s never too early to plan … Franchise Ownership and Your Financial Legacy
Zoup! Fast-casual restaurants continue to be one of the fastest growing segments of the franchise industry. Zoup! offers a niche soup concept within this booming category with its premium and proprietary soups served along with sandwiches and salads all made with fresh, all-natural ingredients. At Zoup! “Everything Matters.” High standards ensure quality, satisfaction and convenience … Funny Franchise Names that Mean Serious Business
The state of the franchising industry? Strong as ever. Like the stock market, the franchise industry goes through equivocations, usually tracking against shifts in the economy. But over the long haul, franchise businesses, just like the stock market, have proven to be among the soundest investments. Even in the most challenging economic climates, such as … The Future of Franchising
Lucy and Desi. Melinda and Bill. Jay-Z and Beyonce. These famous business partner couples have made it look relatively easy. What you don’t see, though, is the hard work they likely had to go through to create a partnership that works for both their personal and business lives. If you’re considering taking your relationship into … With This Business, I Thee Wed: 6 Things to Consider When Going into Business with Your Spouse
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