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ARTICLE | May 21, 2012

Family Business: 10 Tips for Managing a Parent-Adult Child Business

A mother and her daughter, who will graduate in May from college, share ownership of a new Home Instead Senior Care franchise business, a partnership that seems tailor-made for these economic times. More college graduates are having a difficult time finding jobs, according to the U.S. Bureau of Labor Statistics. Teaming with a family member has proven successful. According to the U.S. Small Business Administration, family-owned businesses account for 90 percent of all businesses in the U.S. (large and small) and continue to be a powerful force. And senior care franchising is one way to help new graduates get their careers off the ground. 
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NEWS | May 18, 2012

Is Starting a Franchise From Home For You?

Fox Small Business Center offers tips and expertise on running a home-based franchise business.
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SECTOR REPORT | April 26, 2012

Senior Care Franchise Report 2012

Franchise Business Review's special report Senior Care Franchises offers a high-level look at the senior care/home care franchising sector. We explore what services the sector provides, what’s involved from an investment standpoint, what the “typical” franchisee looks like, and how franchisee satisfaction in the sector has fared in the past year. We also identify the top senior care franchises based on our franchisee satisfaction research.
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ASK FBR | March 19, 2012

How long have you been researching a franchise opportunity?

Franchise Business Review wants to know what you're doing in order to find that right "fit", and encourages all those interested in starting their own franchise to answer this simple question - how long have you been researching a franchise opportunity? (Click here to share) 
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Home > Resources

Report on Military Veterans as Franchisees Has Some Surprises

by Joel Libava, The Franchise King

Franchisees with military experience enjoy operating their businesses and being a part of their franchise organizations, but rate their own performance as franchisees slightly lower than their non-vet counterparts. To compile the research for this report, Franchise Business Review surveyed nearly 2,000 military-trained franchisees, representing 178 brands and more than 60,000 franchise units.

Veterans and Franchising 2011 includes a listing of Franchise Business Review’s Top 100 Franchises for Veterans, the first list of its kind to include data on actual veteran franchisee satisfaction and performance.

The brands with the highest franchisee satisfaction among veterans includes Heaven’s Best Carpet Cleaning, Home Instead Senior Care, American Poolplayers Association, Jan-Pro, CertaPro Painters, Proforma, Christian Brothers Automotive, Computer Troubleshooters, Brightstar, and Color Glo International. The top companies represent an array of franchise concepts and investment ranges, revealing that military-trained franchisees aren’t necessarily drawn to sectors or services that match their military specialties. In fact, according to the report, the sector with the highest percentage of veterans is the finance and tax industry with 19.7% of franchisees having previous military experience.

The average initial investment for the franchises appearing on the Top 100 list is in the area of $150,000. “Based on our findings, veterans looking for franchise opportunities aren’t necessarily looking for businesses that fit their military training. Like non-vets, veterans are looking for good opportunities regardless of industry, and many have the funds to afford a relatively large investment,” said Franchise Business Review president and CEO Eric Stites.

Veterans and Franchising 2011 looks at the overall landscape of veterans in franchising and why military service is such a natural fit for franchising—an idea that is widely promoted by the International Franchise Association (IFA), the franchise industry’s leading membership organization.

(Click here for original article.)

 

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