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 …
Franchise Consultant vs. Franchise Broker
Written and Sourced From Franchiseba.com If you’re interested in investing in franchising, or even owning one at some point or other, you’re going to have to know the differences between a franchise broker and franchise consultant. More often than not, people confuse a franchise broker with a franchise consultant, or end up believing that they’re the same thing, which isn’t …
What Makes a Franchise Brand Recession-Resistant?
Written and Sourced From Franchiseba.com Sabrina Wall, CEO June 9, 2020 Millions of unemployed people are turning to franchise ownership as a result of the downtown in the economy due to Covid 19. These franchise buyers are trying to understand which opportunities are going to give them the biggest gains in a time of many losses. Naturally, the request for …
Franchises Aren’t Perfect – Know What to Look for
Written and Sourced From Franchiseba.com Sabrina Wall, CEO May 21, 2020 I was working with one prospective franchise owner- let’s call her Eve. I gave her questions to ask the franchise sales representative. We were trying to understand what life-after the franchise sale was going to look like. Some of the franchise rep’s answers were strange to me regarding the …
Why Do I Need an FBA Franchise Broker
Written and Sourced From Franchiseba.com When you are looking for a franchise you may have stumbled upon a person or two who states they are a franchise consultant or broker. (We like to use the term franchise broker because that is our legal title.) They would have offered their services to help you find a franchise. These services are typically …
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