Latest Franchising 101 / Getting started articles
What Can Cause a Franchisee to Breach the Franchise Agreement?
The franchise agreement is a legal document, and becoming a franchisee is as much about following regulations as it is about gaining access to [...]
Why the Ups and Downs of Franchising Can Feel Like a Rollercoaster Ride
What’s it like to run a franchise business? It’s the question on most prospective investors’ lips. The truth is, it’s [...]
5 Things People Will Never Tell You About Running a Franchise
What is it really like to run a franchise business? The question has probably been on your mind if you’re considering the model. In this [...]
What is a Franchise Consultant?
The world of franchising holds enormous potential for current and prospective business owners, but you need a full understanding of the [...]
14 Things to Look for in a Franchise Lawyer
Whether you’re converting your independent business into a franchise network or thinking about investing in an existing company, [...]
Franchising 101: The Complete Guide to Franchise Insurance
Whichever franchise you’re joining, having the right insurance in place is essential. Unforeseen events can quickly derail a franchise [...]
Franchising 101: The 4 Stages of Franchise Growth
As a franchisee, your business will go through four distinct stages during its franchise growth lifecycle. We’re breaking down each one [...]
Mythbusters: As a Franchisee, You're Tied to Your Franchise for Life
Worried about being tied to your franchise for life if you invest? While it’s an excellent way to build a business that sees you through [...]
12 Reasons Why Anyone Can Run a Franchise Business
Are you interested in becoming your own boss but apprehensive about getting started? We believe there’s no reason to delay your [...]
Franchising 101: The Importance of Franchise Brand Consistency
Brand consistency is a crucial element of any good franchise network. It’s one of the most important parts of buying into a franchise, [...]
Franchise Dictionary: Most Common Franchising Key Terms Defined
Like many industries, the franchise world has its fair share of technical terms, phrases and acronyms. When you’re first exploring the [...]
National Entrepreneurship Month: 7 Business Basics to Master
Interested in running your own business? November is National Entrepreneurship Month, so we’re exploring the seven business basics [...]
Franchising 101: The Benefits of Hiring an Accountant to Manage Business Finances
Franchises offer fantastic benefits to entrepreneurs who want to set up their own business; they provide access to expert support and help [...]
Franchising 101: Beware of 'Red Flags' When Buying a Franchise
Buying a franchise business can be a great way to become your own boss while working under a recognisable brand with an existing customer [...]
Is There a Difference Between Entrepreneurs and Franchisees?
Running your own business involves a significant amount of dedication and hard work, but what credentials do you need to be considered an [...]
Franchising 101: What is a Franchise Operations Manual?
If you’re new to franchising, you’re probably wondering what a franchise operations manual is and why it’s so important. In [...]
Franchising 101: What Exactly Does a Franchise Owner Do?
You’re interested in running your own business, and you’d like to take the franchise route, operating under a recognised brand. [...]
The Consquences of Choosing the Wrong Legal Business Structure For Your Franchise
It’s very important that you choose the right legal business structure for your franchise. In this article we consider why this is the case [...]
What Is Multi-Level Marketing?
Ever wondered what multi-level marketing (MLM) is? Here, we take a deep dive into the business model, looking at its pros and cons, as well as [...]
Franchising 101: The Ultimate Franchise Tax Checklist
Franchising can take away some of the stresses that come with starting your own business. But it doesn’t mean that you’ve escaped from those [...]
Is There Really Such a Thing as a Joint Venture Franchise?
Whether you’re new to the franchising world or a seasoned professional you might be interested if there is really such thing as a joint [...]
Top 7 Franchise Law Issues to Know
There are no laws specific to the franchise industry, but entrepreneurs should be aware of the general business regulations which extend into [...]
Franchising 101: Managing Redundancy Like a Pro
No business owner wants to make staff redundant, but if worst comes to worst, you need to know how to handle the process efficiently, [...]
Franchising 101: The Pros and Cons of Different Franchise Business Structures
If you’re new to franchising or the world of business ownership altogether, you might not be familiar with the different franchise business [...]
Is There Really Such a Thing as a Turnkey Business?
You may have heard the word ‘turnkey’ used to describe their investment opportunity. But if you’re going to put your money into a new venture, [...]
Franchising 101: How to Build a Budget For Your Franchise (Part 2): The Steps You Need...
In this Franchising 101 article, we take a look at why tracking your expenses and building a budget is so important and how to build a budget [...]
Franchising 101: How to Build a Budget For Your Franchise (Part 1)
Learning how to build a budget for your franchise is one of the most important things for any new franchisee to get to grips with. A good [...]
Why is a Proven Business Model So Important in Franchising?
At Point Franchise, we talk about ‘proven business models’ a lot, but what does the phrase really mean? Let’s find out once and for all [...]
Mythbusters: There Is No Innovation in Franchising
One of the most common misconceptions about franchising is that there’s no room for innovation. In this article, we debunk this myth and use [...]
History of Franchising: What We Can Learn From the World's Oldest Franchises
You might think of franchising as being a fairly new concept, but some businesses in the industry have been in operation since the 19th [...]