3 Nov, 2021 - By Adam Goldman

Top 6 Money Questions Before You Buy A Franchise

Understanding how much money you need to invest is a vital part of the research process of buying a franchise. But there are numerous questions you will want to have answered before committing to anything. And asking money questions will help you know the entire cost covered when starting a franchise business.Here’s what we feel are the top six money questions to ask – and get answered – when deciding on the purchase of a franchise business: 1. How much money can I make with this franchise? Answer:We put this question first because it is probably the first question you will have when considering a franchis

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3 Nov, 2021 - By Adam Goldman

Analyzing Franchise Growth

An important measurement of the health of any given franchise company is the rate of growth of their system. Specifically, the franchise system should be growing at a rate that shows it is healthy and vital and is able to attract a number of new people to the system but should not be adding new franchisees so quickly that it will have problems managing this growth.   When doing your research on a franchise opportunity, you will find a variety of ways to evaluate a franchise’s growth. The following may assist you in your examination.   Determine the number of new franchisees added each year.  This inf

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1 Nov, 2021 - By Adam Goldman

How to Evaluate a Franchise Training Program

We no longer live in a one-career society In our father’s and grandfather’s day, many people kept the same job their whole lives. Men and women in the “Boomer” generation, however, have already made a number of career changes by the time they entered their 40s and 50s. Studies suggest that our teenage children may have between six and 12 careers in their lifetime.   With the cyclical nature of the economy and the impact technology has on so many industries, there is no longer any certainty that a job will take a person from graduation through retirement. Besides – many people really enjoy the challe

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