Franchise Owner Library
Celebrate Opening Day for Your Franchise
Lots of work goes into starting a franchise unit, and your opening day is a milestone achievement. To celebrate, think …
Who’s on Your Team: Navigating Franchise Brokers, Coaches, and Consultants
When searching for a franchise, you may come across a franchise broker, coach, or consultant who offers to help you …
How to Hire Employees Who Will Make Your Franchise a Success
Will your franchise succeed? The answer can depend on the people you bring on board. That’s why it’s vitally important …
Lease or Buy: How to Make the Right Call for Your Franchise Location
For most franchises, location is a factor you can’t afford to get wrong. You’ll need to spend time assessing your …
Term Loans for Franchisees
When it comes to financing a franchise opportunity, loans are one of the most common sources of capital. Many commercial …
Studying Your Target Franchise’s Requirements
Every franchise has a set of requirements prospective owners must meet to begin the ownership process. In this article, you’ll …
How to Find Franchise Opportunities That Suit Your Skills, Interests, Goals, and Budget
Many sites list franchise opportunities, making it easy for prospective owners like you to find and compare options. But, sometimes, …
Your Guide to Reading a Franchise Disclosure Document
When you’re evaluating a franchise for purchase, one of the documents the franchisor will share with you is the franchise …
Find a Great Location for Your Restaurant
Need a great location for your restaurant? Lots of factors come into play. To start, you’ll want to be close …
Asset-Backed Financing for Franchise Owners
There are many ways to finance the purchase of a franchise unit. One that few aspiring business owners consider for …
Considering Franchisor Financing? Here’s What You Should Know.
Does the franchise you’re considering offer franchisor financing? These programs are a popular way to cover the startup costs of …
Can I Be a Franchise Owner Without Working Onsite?
Most franchises ask owners to work a minimum number of hours onsite each week. Many want their owners to commit …
Finance Your New Franchise with an SBA Loan
If you plan to buy into a franchise, you may be wondering about the SBA loan program you can use …
Your Go-to Guide to Financing a Franchise
Franchise fees, real estate, equipment, and inventory are some of the many costs you’ll need to cover when starting a …
Assess Your Skills, Interests, and Goals Before Searching for a Franchise Opportunity
If you’re like many aspiring business owners, you know the benefits of opening and operating a franchise unit. But you …
Franchisor Training: What to Expect
After signing your franchise agreement, you can enroll in franchisor training. This is a program your franchisor may offer to …
Location Can Be the Make or Break Factor for Your Franchise’s Success
Most franchisors provide their franchise unit owners with a territory in which they can own and operate a business. For …
How to Attain Financing for Franchise Construction or Renovation
There are many costs to starting a franchise unit. After the franchise fee, one of the most significant costs is …
Considering a Franchise? Here’s How to Make a Smart Call.
Thinking of owning a business? Franchises make it easy, but it’s risky to go after any opportunity without some careful …
Which Path to Entrepreneurship Is Right for You?
Wondering how to become a business owner? There’s more than one way to reach this goal. In this article, we’ll …
Reasons You Might Need a Franchise Partner
Is a franchise partner right for you? There are a number of reasons you might say yes. Let’s dive into …
How to Write a Business Plan for Your Franchise
When you apply for an SBA loan, a term loan, or another form of financing, you may need to present …
Nine Tasks to Take on Before Buying a Franchise
Thinking of buying a franchise? You aren’t alone. The number of people interested in this path is on the rise, …
What is Discovery Day and How Should I Prepare?
Discovery days are an event franchisors hold to showcase the business to prospective franchise unit owners. This event provides the …
A Crash Course on Franchise Agreements
After reading the franchise disclosure document (FDD) and taking part in discovery day, you may be given an important document: …
Smart Play: Franchise Resale Opportunities
Sometimes, it’s better to buy an existing franchise unit than start a new one. The benefits of these “franchise resales” …
What It Costs to Buy a Franchise Unit
When you’re buying a franchise unit, cost may be one of your biggest deciding factors. It’s what will determine how …
How to Use Your Retirement Account to Fund Your New Franchise
There are many ways to attain the funding you need to purchase a franchise unit. But if the idea of …
