Buying a Franchise

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Some Home-based Franchises DO Give You the Best of Both Worlds

Some Home-based Franchises DO Give You the Best of Both Worlds

You want to be a franchise owner, but you also want to work from home, make your own schedule, AND bring in a serious income. It may seem like you’re asking for a lot, but that kind of ambition is exactly what draws many entrepreneurs to franchising.

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Do You Have Enough Money?

Along with financing the start-up of your new franchise business, it’s important you have enough liquid capital to run the business until it starts generating positive cash flow. So, while you’re researching different franchise opportunities, you might want to ask franchisors and current franchisees how the corporate office ensures new franchisees have enough money early on.

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How Profitable Is Franchising?

In many cases, a franchisee’s personal income is significantly lower than the profits that their business might generate. This is due to a variety of things including loan payments, required business reinvestment, and taxes; all of which get paid out business profits before a franchise owner can ‘pay themselves.

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Infographic: VetFran Helps Veterans Find New Careers

A new report prepared by Franchise Business Review for the International Franchise Association (IFA) highlights the effect that the VetFran initiative has had over the past 4 years. Since 2011, over 200,000 U.S. military veterans have started careers in franchising, including employment at franchise businesses, franchise ownership, employment at the corporate franchise level, and employment

Entrepreneur Mag Asks, 'Would You Make a Good Franchisee?'

Entrepreneur Magazine was on-hand at the IFE (International Franchise Expo) event in New York City. While there, they spoke with several different franchisors about what it takes to be a successful franchisee. The video above features some of these conversations, and reiterates a common theme: Franchising is not for everyone. That being said, there are some excellent

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