Every franchisee enjoys the freedom and lifestyle that comes with business ownership, but let’s get real––at the end of the day, earning revenue is what drives us to succeed.
With this in mind, you’d think business experts would be clamoring to answer one of the most important questions on the minds of prospective franchise buyers:
Read moreHow long will it take before I can actually start making money?
So your search for the right franchise is finally over. After hours of research, you’ve found an industry and a brand that speaks to you and your goals as a business owner. But the relief of finding a great franchise opportunity quickly turns into an important question you may or may not have considered until now:
Obviously, you’ll need to connect with the franchisor, but there are a few things to do to get a better idea of the business before reaching out to get the ball rolling.
The internet allows franchise buyers to learn much more about the opportunity than they could previously, and smart franchise buyers use all of these resources to their advantage before moving forward with a purchase.
To help you find these resources yourself, we’ve put together a simple 5-step guide covering all the next steps to take after finding the perfect franchise opportunity.
As franchises may seem to have it all, there’s still a few marketing methods that can be applied to help their business boom in online traffic.
No matter what type of franchise you own, businesses in all industries are using social media as a powerful tool to generate business and get closer to their customers. Compared to other ways of marketing, managing a few social profiles doesn’t have to take much work and the payoff can be huge.
No matter how much you’ve used platforms like Twitter, Facebook, or LinkedIn in the past, we’ve put together a few tips to not only help you attract new customers, but keep those customers coming back by getting them talking about you with friends and family.
Here’s a look at five ways franchisees can use social media to drive more business both among new customers and those that love you already.
According to the International Franchise Association, one in seven franchises in the United States is owned by a veteran.
Our franchise team strongly supports veterans in their search for new opportunities after returning to civilian life and we’re not alone. Joel Lazarovitz, Vice President of recruitment for Maid Brigade, Inc & Maid Simple House Cleaning, considers military veterans to be “ideal franchise owners,” citing four key factors that make them so effective.
Let’s explore how these strengths give veterans an advantage in the world of franchise ownership.
Franchising is an increasingly attractive option for those who want to run a business of their own, but don’t have the experience needed to start one from scratch. Franchising provides a unique set of benefits including an already established product, widespread brand recognition, operational support, training, and quick access to products––advantanges that don’t come easy when starting from square one.
Franchises are most successful when the business owner has done adequate research and is confident they’re a good match for the company. If you’re considering a franchise of your own, ask yourself the following questions before proceeding to be sure you’re a good fit:
Professional from start to finish. The Groutsmith is the best service company I’ve ever had in my home.
Unbelievable - the loose tile floors in my living room are solid once again. Thank you again Groutsmith.