Franchising

Discover everything you need to know about running, managing, buying, or selling a business franchise from experienced business experts.

Latest: Advice, Tips and Resources

Article
Multi-Location Franchises: Three Trends to Watch in 2018
BY Alex Porter

Infuse these three strategies into your marketing plan to capture more customers.

Advice
My client doesn't want to pay for going over budget stating that I was unclear... was I?
QUESTION | BY Victtria Grigaliunas | 24 ANSWERS | LAST ACTIVITY ON 02/07/18

Prior to beginning a specific design project I submitted a proposal to my client for her review and approval. It clearly specified the projected budget and terms. "Three concepts of the logo will be...

Article
How CEO Scott Fischer Turned Dippin' Dots Fortune Around
BY Chad Brooks

It's no simple thing to turn around a company facing financial ruin.

Article
These Are the Top Franchises to Buy in 2018
BY Bruce Hakutizwi

From restaurants to retail shops, 2018 holds myriad opportunities for entrepreneurs.

Article
How Chuck Runyon of Anytime Fitness Creates Loyal Customers
BY Chad Brooks

The Anytime Fitness weighs in on loyalty and franchising.

Article
Finding the Right Financing Option for Your Dream Franchise
BY Eric Bell

Does your dream of running a franchise seem out of reach? Consider these five options.

Article
The Best Businesses to Buy in 2018
BY Bruce Hakutizwi

Looking to buy a new business venture in the new year? Here are your best options.

Article
Startup or Franchise: Which One Is Right for You?
BY Eric Bell

Consider these 8 factors to make the right decision for you

Article
What You Need to Know to Franchise Your Small Business
BY Eric Bell

Growth may be your goal, but be strategic about how you scale your company.

Article
Ready to Franchise Your Retail Business? Here's How
BY Karina Fabian

Is your business a good fit for a franchise?

Article
A Guide to Growing Your Retail Business
BY Amy Nichol Smith

See if you're ready to grow and what path to take.

Article
A Guide to Franchising Your Restaurant
BY Karina Fabian

Franchising is a step not to take lightly. Our guide explains the process.

Advice
What are the best and most cost effective sites to find business partners?
QUESTION | BY Gavin Williams | 3 ANSWERS | LAST ACTIVITY ON 12/08/16

We area newly developed manufacturing operation in China, producing made to order truck side curtains for western countries. We require business units or individuals to product support in...

Advice
When building a complex website, should I hire a project manager?
QUESTION | BY Krista Sparks | 17 ANSWERS | LAST ACTIVITY ON 11/21/16

I am looking to build an online marketplace and have been talking to a few developers who can help build the website. I have met with a few people that are not developers, but project managers with...

Advice
What is the relationship between the procurement and supply chain management?
QUESTION | BY Suman Verma | 6 ANSWERS | LAST ACTIVITY ON 10/28/16

I have just stepped into the SCM and it's really hard for me to know the relationship b/w the procurement and SCM. How are they inter-related and what will be the impact on the total process?

Advice
How do you handle when your client asks you to share the cost savings rather then paying you the fees?
QUESTION | BY Puneet Chaturvedi | 21 ANSWERS | LAST ACTIVITY ON 05/19/16

I want to ask about a specific situation I faced with a prospective client. My client asked me to be a advisor to look for problems in two of his company departments and then work as a solutionalist...

Advice
How can I get organized?
QUESTION | BY Kahshanna Evans | 10 ANSWERS | LAST ACTIVITY ON 05/09/16

A favorite client is nothing short of an organizational jedi. She has the most empty email box I have ever seen, aside from a brand new one. I am looking to inherit top tips, tricks, apps and...

Article
Be Your Own Boss: 5 Franchises That Are Worth Purchasing
BY David Wither

Are you trying to figure out which franchise would be perfect for you? Check out these five options we have shared today.

Advice
Is there an easier way to set and manage appointments?
QUESTION | BY Lexi Margaret G. | 11 ANSWERS | LAST ACTIVITY ON 04/19/16

I am looking for recommendations on appointment setter softwares. I work for a beauty salon and our receptionist has been manually tracking appointments up until this point. Recently, it has become...

Advice
What is the best ideation tool for idea collection and management?
QUESTION | BY Anonymous User | 24 ANSWERS | LAST ACTIVITY ON 04/07/16

We're looking for a tool that is aligned to the nature of a "immature" organization entering into a innovation cycle. This tool should both support the nature of the challenge ahead and enable the...

Advice
My company is in the middle of a very important project that is falling apart. How do I get things back on track?
QUESTION | BY Chris Palmer | 28 ANSWERS | LAST ACTIVITY ON 02/26/16

Currently, my business in the middle of a very important project, our first 'big game' project, that is simply not going well. I'm displeased with management of the project, execution by employees,...

Advice
Founders: How are you handling hundreds of emails a day?
QUESTION | BY Kelly Gordon | 17 ANSWERS | LAST ACTIVITY ON 12/05/15

As a business owner, I am constantly getting emails from either customers, employees, cc alerts, etc. If I am out of the office for part of the day or in meetings, I come back to dozens of emails...

Advice
What is the best CRM to use and why?
QUESTION | BY John Daniel | 11 ANSWERS | LAST ACTIVITY ON 10/28/15

I own a web design and online marketing agency. I am looking for advise for the best suitable CRM for my company. Based on your own past experiences, which one do you suggest I opt for?

Article
Are You the Next McDonald's? How to Turn a Family Business Into a Franchise
BY Rick Coffey

Have you reached a plateau in your family business? Franchising enables you to achieve more prosperity than a single shop alone can provide.

Advice
How do I get our small HR team to serve our department needs when they're always so preoccupied with other matters?
QUESTION | BY Michael Rubio PMP | 12 ANSWERS | LAST ACTIVITY ON 08/05/15

I have a critical need to fill a sales post (industrial, B2B) and have done the needful internal procedures. However I am getting little support from HR (recruitment). I understand that our company...

Advice
Does anyone have a recommendation for software to manage a condominium association?
QUESTION | BY Mary-Alice Miller | 5 ANSWERS | LAST ACTIVITY ON 07/22/15

We are looking for an online tool to manage a 100 unit condo where we can upload our condo documents, update unit owners and provide a forum for unit owners to communicate with one another. Thanks...

Advice
What are the best collaboration tools?
QUESTION | BY Cathy Hulsey | 17 ANSWERS | LAST ACTIVITY ON 06/01/15

As Chief of Staff, I'm looking to manage strategic projects utilizing a collaboration tool that all executives can access and update. I've reviewed Wrike, Smartsheet, and now Google Pages. Google is...

Advice
What is the difference between financial control and cost control?
QUESTION | BY Tim Miln | 4 ANSWERS | LAST ACTIVITY ON 05/03/15

A search of the web provides various definitions for both but most lean towards financial controls. I am interested in hearing from anyone who can give me a suitable definition of both, which also...

Article
Real Talk: Is Franchising As Profitable As You Think?
BY Eric Stites

Looking to start a new franchise opportunity? Not so fast.

Advice
What simple software can I use in strategic consulting? What are pros & cons of Decision Explorer? Is there alternative software to use as support tool in developing strategies?
QUESTION | BY Ksenia Illyashenko | 3 ANSWERS | LAST ACTIVITY ON 10/24/14

I was introduced to Decision Explorer (Banxia) in business school, I use it as a support tool for inexpensive "making strategy" workshops, developing strategic directions. Would appreciate feedback...