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ASK FBR | JUNE 15, 2010
There are plenty of franchise opportunities in the cleaning services and maintenance sector. They vary by many aspects including investment level, commercial vs. residential services, the amount of support the franchisor supplies and several other factors...
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ASK FBR | JUNE 14, 2010
Many businesses have seen lay-offs, bankruptcies and losses on their balance sheets due to the recession. However, several franchise business sectors have avoided the unpleasant cutbacks....
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ASK FBR | JUNE 10, 2010
Child services has become increasingly popular, finding affordable, quality child services is a major concern for many parents, particularly in recent years with the rise in families with two working parents. As the need for child services has increased, the industry is beginning to fill the demand for such services. The growth in the industry has created the opportunity for various types of educational, exercise and recreational services.
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ASK FBR | JANUARY 25, 2008
Wow... that's a tough one! It's similar to buying a car or a house - there is a huge range in price between various franchise opportunities. What's important to understand are three key pieces of information related to cost: 1.) initial capital required, 2.) total initial investment, and 3.) on-going or recurring costs. Here's the breakdown...
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ASK FBR | JANUARY 25, 2008
I am often asked whether or not it is a good idea to invest in a “hot, new franchise concept” or to go with a “safe” established brand. Certainly, established franchise brands typically have a higher success rate as compared to younger franchise systems. Yet, while investing in a new franchise concept may come with higher risks, the return on your investment, if successful, may be higher as well. Which is right for you? The answer really depends on two factors: you and the franchise itself.
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ASK FBR | JANUARY 17, 2008
1.) What characteristics make your top-performing franchisees successful and what is it specifically about my background that you think makes me a good fit for your system? This will let you know immediately if they have really done their homework on you and think you are truly a good fit for their system or if they are just looking to sell you a franchise. Listen carefully to their response. Make sure they are addressing items specific to you and not just general fluff.
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ASK FBR | JANUARY 17, 2008
A UFOC (pronounced “U-Foc” or simply “U-F-O-C”) is a standardized legal document that every franchise company is required by law to have and distribute to prospective franchisees. If you are seriously considering the purchase of a franchise, the franchisor is required to give you a copy of this document at least 10 days before you can sign their franchise agreement.
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ASK FBR | JANUARY 17, 2008
Great question! And the answer is… it depends. I know that sounds like a cop-out for an answer to the question but it really boils down to two key variables: 1.) which franchise are you thinking about buying, and 2.) You.
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Although many organizations have set out to look at the “best” franchise opportunities for veterans, until now, none of these listings included data on actual veteran franchisee satisfaction and performance—perhaps the most telling data of all. Franchise Business Review’s Veterans and Franchising 2011 is the first report to look at which franchise opportunities are most veteran-friendly based on franchisee satisfaction.