Latest Franchising 101 / Getting started articles
Common Myths and Misconceptions About Franchise Fees and Royalties
Franchising is a popular business model which allows entrepreneurs to start and operate their businesses using an established brand and [...]
Busting Business Franchise Myths
1. Franchises Are Expensive One of the best things about owning a franchise is it comes with a flexible business plan. Certain [...]
Franchising: A Path to Entrepreneurship
Franchising is becoming a popular choice for entrepreneurs stepping out into the world of business ownership. Perhaps it’s because [...]
The Financial Landscape of Franchise Fees
Franchising has become a popular business model for entrepreneurs. It offers a proven system, brand [...]
The Franchisee's Path to Success: Mastering the Top Qualities of a Franchise
Let’s look at what are the essential qualities you need to own a franchise. 1. Passion and Commitment Passion fuels [...]
Navigating the Labyrinth of Success: Franchise Business Models Uncovered
Embark on a voyage of discovery with us as we uncover the hidden gems of franchise business models. We'll guide you through the intricate [...]
How to choose the right franchise
There are so many franchises to choose from that it can be a little overwhelming. In order to help you out, we've compiled this brief [...]
Five Benefits of Having a Franchise Mentor
As a franchisor running a growing operation, recruiting more and more franchisees, hiring a franchise mentor just makes sense. As a [...]
How to Deal With Franchise Territory Border Disputes
Many franchise agreements include operational rights within an exclusive territory. But what happens if there’s territory overlap, or [...]
What Happens If You Skip Due Diligence When Evaluating a Franchise Opportunity?
When you’re starting a franchise, doing your due diligence is essential. Before you invest any of your money, you need a detailed [...]
Jargon Busters: The Most Common Franchising Terms Explained
If you’re interested in becoming a franchisee, comprehensive research should be step one. Before you find the right opportunity and sign [...]
Can Franchising Be a Passive Income Source?
Franchising comes with a lot of reward, but it also comes with a lot of hard work and effort. If you’re looking to create a source of [...]
Franchisor Tips: How to Build a Profitable Franchise in Two Years
Whether you’re a franchisor handling multiple business locations at once, or a franchisee just starting up a new unit, you want to see [...]
Franchising 101: The Eight Most Asked Questions About Franchising
The franchising industry is growing, dynamic, and full of opportunities of all kinds. If you’re looking to make an investment, you [...]
Business Basics: How to Operate as a Sole Trader
If you’re a self-employed person running your own business, you automatically become a sole trader. Some business owners and franchisees [...]
Business Basics: How to Register a Trademark for Your Business
Running your own business is an exciting professional option which appeals to people from all walks of life. New businesses and franchises are [...]
Business Basics: How to Setup a Limited Company
Whether you’re running a franchise or running your own business, the basics can be tougher than they seem. Figuring out how to setup a [...]
Business Basics: Tips for Becoming a Payroll Pro
Payroll is an integral part of running your own business, and running it smoothly. Paying your employees correctly and on time is an absolute [...]
Business Basics: Tips for Becoming an Invoicing Pro
A successful invoice ends a project on a high note, ensures timely payment, and potentially even secures future work. With our simple set of [...]
A Quick Guide to Understanding Franchise Renewal Rights
Franchise agreements don’t last forever. So, anyone who enters into a contract as either a franchisor or a franchisee must understand [...]
Mythbusters: Franchising Is Only Relevant to the QSR Sector
Say the word ‘franchise’ and most people immediately think of the quick service restaurant (QSR) sector - brands like [...]
Franchisor vs. Franchisee: The Two Sides of Franchising
The franchise model is increasingly recognised as one of the most straightforward and secure ways to start a business. But for a franchise to [...]
What Challenges to Expect During Your First Year as a Franchisee
Your first year as a franchisee is likely to be very exciting and daunting in equal measure. It can be tricky to adjust as life to a [...]
The Difference Between Franchisor and Franchisee Obligations
If you’re interested in launching or joining a franchise, you probably have a vague idea of the role of a franchisor and a franchisee. [...]
The Go-To Guide for Maintaining Your Franchise's GDPR Compliance
Collected data can be a great asset for a business, but keeping customer information safe should be a priority. Understanding how to take care [...]
10 Franchisee Rights Under a Franchise Agreement
Franchise agreements often seem to be weighted in the franchisor’s favour, but franchisees have several key rights protecting them from [...]
Understanding the Impact of Brexit on Franchising
Brexit has prompted considerable uncertainty and concern for the business world, and many entrepreneurs are now facing challenges as they find [...]
What's the Best Bet: A Big-Name Brand or a Niche Franchise?
If you’re considering becoming a franchisee, you may have found yourself wondering what the safest franchise option is: a big-name brand [...]
Is Franchising Risky?
When you start running your own business, you want to avoid potential problems if you can. Joining a franchise can help you mitigate against [...]
Jargon Busters: Understanding the Most Common Accounting Lingo in Franchising
Whether you’re running your own business offering financial services or not, you’ll need to have a good understanding of [...]