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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 > Blogs

What is so great about franchising?

by Five Star Painting

In franchising, the success of both the franchisee and franchisor is truly dependent on the success of one another. The symbiotic relationship thrives on the willingness to prepare for success. Through consistent training, they strive to improve and to increase the system’s value. But each must be willing to invest in the other.

Successful franchisees must be captivated by the business in which they plan to invest and build a future. They should be infatuated with the force that goes into a thriving development, expansion, and basic commerce. They should possess charm, ability, experience, work habits, people skills, and that “burning in the belly” along with a willingness to give in order to receive.

What makes franchising so successful are the franchisors tested methods of business and their unending search for franchisees. Franchisors are looking for someone who wishes to borrow as much as the other is willing to lend and who, at the same time, remains focused on the common progress of the system. Franchising itself is bountiful enough for the non-pioneers and pioneers to walk shoulder to shoulder.

-Five Star Painting
Learn more about 5-Star at topfranchise.franchisebusinessreview.com.

 

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