Just Elementary, Inc. » Entries tagged with "franchise"
Investing in a new franchise business – The Process & Challenges including Site Selection
Choosing to invest in a franchise business by opening new units is a different process from buying existing franchise units. There are greater upsides to opening new units, but with that comes greater risk. Your appetite for risk isn’t the only factor to consider when deciding between buying an existing franchise unit or opening a new. The other factor to consider is immediate cash flow. Know that opening a new franchise unit means accepting the … Read entire article »
Filed under: Franchises
Menchie’s Frozen Yogurt Franchise Business Branding Philosophy
Are you curious about the Frozen Yogurt Franchise Industry in regards to investing in one either by purchasing an existing location or building a new one? Here is information with editorial commentary on one of the frozen yogurt franchise brands known as Menchie’s frozen yogurt. In business there are two types of products on the market, the commoditized product that is traded primarily on lowest price and wide availability, and the premium product traded at premium … Read entire article »
Filed under: Franchises
Pitfalls of Buying an Existing Franchise Business
There are a lot of benefits to buying an existing franchise business. However, in this post we will cover some drawbacks that pertain to acquiring an existing franchise business. Having an extra party in the process, that being the seller of the existing location. Never underestimate how much extra work it is to negotiate, and by adding the existing owner as another party to … Read entire article »
Filed under: Business Tips, Due Diligence, Franchises
Franchising: CNBC’s ‘Inside’ Look at it
CNBC just broadcast a show highlighting five Franchise Brands. The official title is ‘Behind The Counter: The Untold Story of Franchising.’ The show had three story lines. One was about Franchisors doing a good job of growing and maintaining a brand (Proctor & Gamble and Five Guys), … Read entire article »
Filed under: Business Tips, Featured, Franchises, SBA, Uncategorized
West Coast Franchise Expo Begins today
For those of you who have never attended and are not familiar, the West Coast Franchise Expo kicks off today in Downtown Los Angeles at the Convention Center. The West Coast Franchise Expo features many franchise brands that are looking to sign up new franchisees. … Read entire article »
Filed under: Business Tips, Franchises
Unhappy Franchisees
I am sure there are more of these, and that most franchise brands have their own franchisee run website for gripes about the franchise, but Unhappyfranchisee.com is a resource to hear some horror stories to educate yourself on things to watch out for when getting into a franchise network. That is the one thing I have noticed in my years as a broker, so many people get into a business or franchise without knowing all of the relevant facts, and like they said on G.I. Joe, knowing is half the battle. What you don’t know will lead to horror stories like the kind you will find on Unhappyfranchisee.com … Read entire article »
Filed under: Business Tips, Featured, Franchises
Archives
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010