Written and Sourced From Franchiseba.com Sabrina Wall, CEO August 25, 2020 I was on the call with a franchise buyer the other day and he told me he was working with a franchise consultant already and that it had not been a good experience. He said the consultant seemed to be just pushing a lot of franchises at him and then pressuring him …
What Makes a Good Franchise for the Business Owner
Written and Sourced From Franchiseba.com Sabrina Wall, CEO August 31, 2020 When considering new franchise ownership, you may wonder what to expect out of the franchise system, and what actually makes a good franchise? Whether this is the first time you are buying a franchise location, or if you’re a current owner seeking a new brand, it’s important to recognize …
How Much Does a Franchise Broker Make?
Written and Sourced From Franchiseba.com Although the notion of franchising has slowly but surely made its way into the mainstream, there still seems to be a lot of gray area surrounding franchise brokers. For most people, there’s a lot of confusion regarding what a franchise broker does exactly, and how they earn their income. Let’s gain some clarity on how …
Should I Purchase Multiple Franchise Units at the Same Time?
Written and Sourced From Franchiseba.com Sabrina Wall, CEO August 13, 2020 To scale or not to scale, that is the question. Franchise opportunities often offer the option to purchase multiple territories at the same time, but the question is, is that a good idea or not? Let’s take a look at the varying points of view on this topic. Why …
Update on COVID and Franchise Ownership Timing
Written and Sourced From Franchiseba.com Sabrina Wall, CEO August 11, 2020 Many people wonder, “What direction is COVID-19 taking?” and “When will it all go back to normal?” These are questions that you should be asking yourself, and they are also questions that maybe not have a clear answer. What we do know is the world is greatly adjusting, and …
What Are the Pros and Cons of Buying an Existing Business vs. Starting a Franchise
Written and Sourced From Franchiseba.com Sabrina Wall, CEO August 6, 2020 Many prospective business owners face this question when considering their next investment, is it better to buy an existing business or start with a new franchise? There are many pros and cons to both, and we want to review those with you so that you are as educated as …
5 Franchise Mistakes You Don’t Want to Make
Written and Sourced From Franchiseba.com Perhaps the biggest advantage that franchising offers to young entrepreneurs is the unique opportunity to run a company without having to start from scratch. However, just because a business has an established presence doesn’t mean that running its franchise will be an easy process! For a prospective franchisee, one of the biggest realizations to come …