FRANCHISE RESOURCES

If you have that “fire in your belly” and a passion for opening a business making certain that you have the professional acumen to be successful. Before you run out and purchase a franchise ask yourself these key questions. Will your business solve a problem?

Heroic men and woman who have served in the United States military return to civilian life with skills that prepare them for running a successful business. One of the opportunities afforded veterans is the purchase of a franchise. Veterans have found that their military experience serves as a foundation for building a rewarding and profitable franchise.

Fully understand both before you purchase a franchise. As you are in the decision-making mode and considering opening a business, one of your options is a franchise. One of the first steps is to find the right franchise that matches your professional acumen and personality. Next is reviewing the franchise fees.

When making the decision to enter into a franchise agreement, consider looking at the competition. In almost every instance, there will be competitors for the concept you are reviewing.

Investing in a franchise is a life changing decision. It’s important to make sure you are asking the right questions, particularly when it comes to finances. Money-related questions are difficult for some people to ask but learning the answers to these questions may prevent you from making the wrong decision.

Entering into a franchise arrangement is somewhat like starting your own business. It is a decision that needs to be taken seriously since it involves a considerable investment.

By 2020, nearly 14 million people in the United States will be over the age of 65, and 84 percent of them will want to continue living at home. To do that, more than half will need assistance with daily living activities.

Franchisees allocate major resources for hiring the right employee for the right position. But retaining employees is the key to any successful franchise.

Let us start with the definition of brand. You may think it is your logo, signage and uniforms and yes this is all part of your brand identification…You can’t buy it. Branding is what your customers are telling their friends about your business when you aren’t looking.

Social media is no longer for geeks. It is a monster marketing tool for every business, whether a mom and pop, or a Fortune 500. Successful franchises are using social media for marketing tools, for brand awareness, and for customer engagement.