Posts from January, 2021

January 04, 2021 How to Keep Employees Engaged in a COVID Environment With the onset of a global pandemic in 2020, many companies are approaching a full year of alternative work arrangements for their employees, which has created a disrupted communication and work cycle. To keep a company culture thriving and employees engaged, the benefits ... Learn More

January 01, 2021 Step 1: What is Franchising? When hearing the term “franchising,” folks might immediately think of McDonald’s or the major sports leagues. Franchising is the broad concept of licensing or selling a brand name to multiple business operators who then retain some profits from those operators, in exchange ... Learn More

January 01, 2021 Step 2: Researching Franchises to Own Deciding to buy a franchise could be one of the biggest decisions a person faces when taking the next step in their lives. With such a large commitment, the only constant in the business is you. Finding the right franchise is like anything in life, finding a place where your ... Learn More

January 01, 2021 Step 3: What Will Be Required of Me If I Buy a Franchise? Buying a franchise can come with huge benefits in the long run, but it is important to consider the requirements that will be placed on you at the start of the business. Before considering the financial duties that are needed to buy a franchise you should think about if you ... Learn More

January 01, 2021 Step 4: Introductory Calls & Meetings with Potential Franchise Markets Franchisors do not award ownership of a franchise to everyone. You must be able to qualify first. Franchisors will be searching for someone who shares their passion for the business and is financially ready to take that next step. As we talked about in Step 3, you must have ... Learn More