Franchise Direct Blog
How to Vet a Franchise for Recession Resilience
Finding a resilient franchise brand requires looking past seasonal hype and temporary spikes. It requires finding concepts focused on the services and products that people simply cannot (or will not) cut from their budgets, even when the economy tightens.
Going from Employee Mid-Year to Franchisee by Year-End
If you want to be a franchisee by the end of the year, mid-year is when you should be finalizing your plans. This post overviews the main reasons why.
When Your Spouse Says No to Buying a Franchise
Getting your spouse genuinely on board isn't just about keeping the peace. It's about building the right foundation for the business itself. Here's how to handle these dicussions the right way.
Why Full-Service Restaurant Franchises Are Making a Comeback
While QSRs are still strong, there has been noticeable shift toward eating at restaurants again. For franchisees, this means there isn't a debate between QSR and full-service as much as a strategic move toward diversification.
Hedging Volatility with Multi-Brand Franchise Ownership
Franchising is largely evolving from a single unit ownership model to one where a single owner owns multiple units, often of different brands. The shift is largely fueled by a wave of professionals, often called corporate refugees, who are seeking to create a diversified stream of income.
Can You Really Finance a Franchise with Retirement Funds?
Yes, using retirement funds to finance a franchise is legal and can be done without early withdrawal penalties. But it is crucial the structure be set up correctly.
Franchises Geared Towards Home are Poised to Clean Up
Homeowners are increasingly investing in their homes, creating a massive opportunity for prospective franchisees to capitalize on home services franchises -- many of which have recurring revenue opportunity.
Why Every Franchise Buyer Needs an Exit Strategy
One of the best ways to prepare yourself for buying a franchise is to envision the end at the beginning. Having an exit strategy doesn't mean you expect to fail. On the contrary, knowing where you're going sets you up for success.
Supporting the Sandwich Generation With Respite Care Franchising
Fueled largely by a surge in non-medical needs, the senior care franchise sector is growing. Read this post to find out how franchises can help those in the sandwich generation fulfill critical care needs of their aging relatives.
Using AI in Your Franchise Vetting
There has never been more information available to you as a prospective franchisee, which is good but also intimidating. But also now, instead of having to wade through all the info on your own, you can use tech tools like AI to make the due diligence process more manageable.