Franchise Grade Team
6 Tips for Finding the Best Franchisees for Your Business
November 1, 2016For your franchise system to be successful, it has to be built on qualified and competent franchisees. Successful franchisees can help to promote your franchise brand while growing your network and increasing revenues, which are both key elements in attracting potential franchisees and help maintain the overall health of your franchise system.
Read moreMillennials and the Future of Real Estate
October 31, 2016The real estate market gained a soiled reputation from the fallout during the Great Recession. This was partly due to the effect of subprime mortgages and the burst of the housing bubble, directly contributing to the severity and depth of the Great Recession. The real estate sector took a predictable downturn in the following years, with 2010 as the low point.
Read moreIs Now The Time To Become A Real Estate Broker?
October 28, 2016It’s been nearly 10 years since what has been deemed as the “Great Recession”, the worst economic crisis in modern history took place. Due to economic conditions such as high unemployment and rising interest rates the financial situations of previous stable families dropped dramatically leading to a high increase in mortgage foreclosures; deeply impacting the success of each Real Estate Broker and their franchise systems.
Read moreA Checklist for Finding the Best Franchise
October 27, 2016Prospective franchisees need a checklist for finding the best franchise. The checklist should include the type of territory, type of franchise and the investment. Once a franchise is selected, the next step for finding the best franchise , should be checking the franchise performance. One of the best ways is to focus on areas that measure the risk of the franchise investment. Here are seven areas used by FranchiseGrade.com to grade a Franchise Investment Profile. It’s based upon the Franchise Disclosure Document and compares franchise performance to franchise systems and the franchise industry.
Read moreMillennial Women in Franchising
October 26, 2016Women in franchising is not a new trend in and of itself. The world of franchising has its challenges that mirror those in the corporate world. Similarly, while the franchising industry remains largely dominated by men, women continue to make significant strides. After all, they too have an entrepreneurial spirit and a passion to pursue the dream of business ownership. This is particularly true of the Millennial Woman, born in the early 1980s through 2000; about 35 years old in 2015.
Read moreBecome a Real Estate Broker
October 25, 2016Becoming a Real Estate Broker can take a great deal of time and money, and may not succeed in some cases, the first question to ask yourself is whether you wish to become an independent brokerage, or a franchised (or chain) brokerage. While going independent may seem attractive, there are a lot more positives in investing in a franchised brand. There are many steps to take in becoming a broker, such as taking the courses, registering with your state and paying all associated fees.
Read moreThe #1 Reason Not to Open Your Own Day Care
October 24, 2016Buying a business is not a transaction to take lightly. It is a life changing decision and whether it is a positive or negative change depends on whether or not you can make a steady profit. Opening your own daycare may be your dream but it takes a huge amount of devotion, time and money. There are many challenges when you become an entrepreneur. Luckily, some of these challenges can be avoided by choosing to invest in a children's services franchise instead of doing it on your own.
Read moreQSR Trends: Millennials in Franchising
October 21, 2016There’s no question that the Millennials are having a significant impact on all areas of business, and on the franchising industry in particular. They represent both customer side and the ownership side of the franchising equation. On the ownership side, Millennials represent not only the youngest group, but the most advanced, tech-savvy individuals in the industry. So how does that affect the QSR industry? We’re already seeing the impact these young innovators are having, particularly in the technology of QSR franchising. These folks grew up with modern technology and have seen the quantum leaps that have been made in the past 20 years. So it’s only natural that they would want to use and improve technology to be compatible with their own entrepreneurial spirit and drive in the franchising industry. Many of their visions have already come to fruition.
Read moreMillennials and their Children
October 20, 2016As millennials reach their late twenties and early thirties they are growing out of their high school and college years. Most are entering a new life phase — starting a family. Millennials face more challenges than previous generations. They are more likely than their Gen-X and Boomer counterparts to have high student debt and working at minimum or low paying jobs. These financial conditions lead many millennial families to have both parents working while raising children. This requires the need for child care services.
Read moreOnline Marketing and the Real Estate Sector
October 19, 2016Over the past several years’ companies have seen dramatic changes in the way they market and advertise their products and services. The introduction and dynamic growth of social media and online marketing has permeated virtually every aspect of people’s lives. These dramatic changes have provided franchisors and franchisees new ways to reach potential customers. This is especially true for the real estate sector, as many potential investors, whether looking to purchase a house or a real estate franchise, search the Internet to research and learn about their potential investment opportunities.
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