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10 Considerations Before Investing in a Franchise Washington Department Of Financial Institutions asks: Are you an informed franchise investor? The state franchise regulatory department and the national NASAA organization have published the following nightmare franchise scenario, as well as its “10 Considerations Before Investing in a Franchise.” The publication exposes some of the insider tips, [...]
TAX FRANCHISES: Biggest Winners & Losers of 2010 Learn which tax prep franchise chains have grown – and which have declined - in the past three years. Every January, Entrepreneur magazine publishes the Entrepreneur 500, its ranking of what it deems the top 500 franchise companies. The Entrepreneur 500 is a pretty big franchise advertising event, as franchisor’s will [...]
CUPPY’s Founder Robert “Morg” Morgan Apologizes to FranchiseesIn just a few short years, Cuppy’s Coffee burst onto the franchise scene, caused a stir, recruited a few hundred prospective franchisees, collected millions in fees, then collapsed… leaving a wake of personal and professional devastation. (See Cuppy’s Coffee Overview for story links) // Many Cuppy’s Coffee franchisees [...]
When Bad Things Happen to Good Franchises Franchises fail. Even good franchises fail. Even good franchises with quality products, supportive franchisors & diligent franchisees fail. Not all, not most, but a good many fail. That’s because opening a franchise, like opening a non-franchise, is a business venture. Franchise businesses are subject to the same threats [...]
Curves President Mike Raymond Says Widespread Franchise Closures Part of Plan to “Prune the System”; Franchisee Responses Invited More than 1/3 of the domestic Curves fitness club franchises have closed in the past 3 years. In 2009 alone, more than 1000 Curves franchise owners lost their dream businesses… along with their savings, retirement accounts and, [...]
Which of these 50+ BBQ (Barbecue, BAR-B-Q, Bar-b-que) chains are your favorites… and why? // FranBest.com is putting together the definitive guide to BBQ and related restaurant franchise opportunities, and we need your input. We know some BBQ aficionados and purists out there may turn up their noses at chain barbecue joints, but we want [...]
Which of these 50+ BBQ (Barbecue, BAR-B-Q, Bar-b-que) chains are your favorites… and why? // FranBest.com is putting together the definitive guide to BBQ and related restaurant franchise opportunities, and we need your input. We know some BBQ aficionados and purists out there may turn up their noses at chain barbecue joints, but we want [...]
Failure Rates of the 10 Most Popular Franchises What are the failure rates of the 10 most popular franchise opportunities? CNNMoney.com recently published the list they determined were the “most popular” franchises based on the dispersal of SBA loans to franchise owners.
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According to CNNMoney.com, the “loan data is from the Small Business Administration, covering [...]
The demand for affordable spa services is booming… This powerhouse team is ready to seize it. My search for the most promising new and emerging franchise opportunities recently led me to the seaside town of Toms River, New Jersey, and to Discovery Day at the home office of The Hand & Stone Franchise Corporation. This [...]
The demand for affordable spa services is booming… This powerhouse team is ready to seize it. My search for the most promising new and emerging franchise opportunities recently led me to the seaside town of Toms River, New Jersey, and to Discovery Day at the home office of The Hand & Stone Franchise Corporation. This [...]