How to Leave Your Personal Mark on a Franchise Business
The franchising industry is booming in the U.S., creating opportunity in sectors across the economy, from healthcare to food to wellness. According to the 2018 IFA Economic Impact Study, the most recent such data available, the 733,000 franchised businesses in the U.S. are directly responsible for creating 7.6 million jobs and indirectly support 13.3 million […]
Startup vs. Franchise: Which is right for you?
Four factors you must consider when deciding between starting an independent business startup versus a franchise.
Acquiring an Independent Business vs a Franchise
Executive Summary: If you value control, creativity, and autonomy, an independent business gives you the freedom you seek. If you’re more interested in something already designed and tested for success, that won’t require you to create marketing materials, new products, or deal with other challenges, a franchise comes with a good deal of the heavy […]
2019’s Top 5 Frozen Yogurt Franchises
2019’s Top 5 Frozen Yogurt Franchise Brands Menchie’s Frozen Yogurt Yogurtland Red Mango TCBY Sweet Frog The frozen yogurt sector overall is expected to grow revenues modestly through 2019, at a forecast 1.6 percent, according to IBISWorld. A look at the financial results for the top five frozen yogurt franchises reflects that slow-growth picture, with […]
How Guidant Financial Can Help Your Franchise
If you dream of owning your own business, but you’re not interested in buying an existing company or starting one from scratch, franchising could be the perfect fit. With help from Guidant Financial, your journey to franchise ownership can be simple and straightforward. Franchises account for approximately one out of 12 businesses in the US. […]
Franchise Financing through SBA Loans
The SBA Loan Process in Three Steps Filling out application paperwork. SBA loan applications can be lengthy. The application usually asks for detailed information about personal and financial history, tax documents, financial declarations, business tax returns, and a business plan. While any document is important; the business plan, projections, and Pro-forma balance sheet reflecting sources […]
Why Should You Consider Investing in a Low-Cost Franchise?
Now that you’ve decided to invest in a franchise, it’s important to not only pick the business that complements your interests and your market — but also one that fits your investment budget. That’s why low-cost franchises are attractive to franchisees looking to minimize risk while they maximize opportunity. A low-cost franchise is one that […]
How Much Money Do Food Franchises Make?
Food franchises are some of the most popular concepts in franchising. But are they the most lucrative? Typically, food franchises require significant investment to get up and running and continued capital to operate over time. But for those who like the fast pace and an ever-changing atmosphere, owning a slice of the food industry is […]
Essential Resources for Franchise Financing
How you fund your franchise is one of the earliest and most important decisions you’ll make as an entrepreneur. Fortunately, knowing which franchise financing resources to turn to makes the process both easy and equitable. Purchasing a franchise is an exciting way to become an entrepreneur. While it’s not for everyone, there are some major […]