Recession Proof Franchises: 4 Reasons to Buy a Cleaning, Repair & Restoration Franchise

Recession Proof Franchises

In 2008, the recession offered a painful, but important lesson for those looking to buy a franchise or start their own business: some industries are more recession-resilient than others.

While it’s impossible to say any industry is 100% recession proof, many industries continued to do well and even thrive during the economic slowdown.

The recession showed us something else, too: people turn to franchising in times where the economy is strained or could likely become strained. Why? People want more control of their future with a business that comes with proven systems and support.

Read more

5 Checklist Items for the First-Time Franchise Buyer

Checklist items for first time franchisees

Today, one out of every 12 companies has a franchise business model for entrepreneurs to invest in. Franchising has been growing steadily for years, thanks in part to more opportunities and an increasingly attractive path to business ownership.

With training, systems, and support already baked into the franchise package, it’s easy to see why new business owners are turning to franchisors rather than going it alone. Still, despite the success among franchisees, the process of actually buying a franchise isn’t something most first-time buyers are familiar with.

To help buyers through this, The Federal Trade Commission (FTC) has an excellent guide to buying a franchise you can find here. As a supplement, we’ve created our own step-by-step guide here. We suggest checking both of these resources out first and then using the checklist below to make sure you’re covering the important points throughout the process.

Get real-life advice for buying a franchise from those who’ve done it themselves. Grab our free guide: What it’s Like to be a Groutsmith: a Q&A with 8 franchise owners.

 

Read more

Handyman Training: How to Quickly Learn a Skill & Jump Into Business

Handyman Training

The steps to becoming a handyman can look different depending on the way you want to get trained and transition into a business.

Some people choose to attend a trade or vocational school. Others choose the faster (and often less expensive) option of franchising with a professional services company that offers both training and a viable business opportunity.

While it’s pretty easy to find schools and vocational programs for learning a skill or trade, there are not many resources that explain how franchising with the right service company can offer all the training you need, just faster and often cheaper.

This guide offers just that: a look into a simpler path that just about anyone can take––even with zero handyman or professional service experience. Not only will you learn in-demand skills, but also the systems, processes, and support you need to run and grow a business.

Read more

How to Become a Franchise Owner: A Step-By-Step Guide

How to Become a Franchise Owner

Becoming a franchise owner is a process that takes planning, dedication, and due diligence. It involves a healthy dose of self-examination, research, asking good questions, and ultimately, making an informed decision that will give you the best chance at success and happiness.

While everyone’s journey to franchise ownership is different, those who find success in a business they enjoy typically follow a few basic steps, which we’ve broken down here one-by-one.

Whether you’re only just considering becoming a franchise owner or find yourself part-way through the process already, use this guide to ensure you’re checking all the boxes on the steps you need to take to make a truly informed decision about the franchise that’s right for you.

Read more

How to Work from Home with Your Spouse

How to Work from Home with Your Spouse

Working with your significant other from a shared home office, when done right, can be a great way to enhance your relationship and share a personal and professional space together.

According to recent research, more and more people are working from home both full and part-time. A 2018 report from FlexJobs found that 3.9 million Americans now work from home at least half the time.

That trend is expected to continue to rise in the future. The same report found that hiring managers are forecasting that more than one-third of employees will work remotely in the next 10 years. Recent Census data also shows that more and more Americans are working from home each year. Read more