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Franchise Net Growth Tells the Truth
Posted by Jeff Lefler August 2, 2019
For millions of Americans, franchising is an economic engine that generates wealth and prosperity. In the last nine years, entrepreneurs have invested over $459 billion dollars, opening over 350,000 new franchised outlets. An increased ease in lending opportunities including SBA fast-tracked franchises and 401(k) rollovers have helped spur first-time business ownership opportunities for middle-aged and senior investors looking for career change.
Read moreInsourcing vs. Outsourcing Payroll Services
Posted by Franchise Grade Team January 30, 2017
Any franchisee that has more than 1 or 2 people on their staff must consider the pros and cons of doing their own payroll. While it may be easy enough to do it yourself for just a few people, it’s likely that as your business grows, you‘ll need to add more people and hence, increase your payroll duties. With so many other duties and tasks vying for your time, and with the proliferation of companies that are already experts in the field, it makes excellent business sense to hand off (outsource) the payroll function to one of them. Major players in the game with a long (20+ years) history of providing payroll services to small, medium, and large businesses include ADP (Automated Data Processing), Intuit Payroll Services, Paychex, and many others.
Read moreWhat is a Brand to do with Twitter?
Posted by Jeff Lefler January 25, 2017
In my previous posts, I mentioned that more than half of Americans see, read or hear about a tweet every single day.
Read moreIt Matters Why You Do It
Posted by Jeff Lefler January 23, 2017
“It doesn’t matter what you do, it matters why you do it.” This straightforward yet powerful quote from Simon Sinek’s best selling book, Start With Why, goes straight to the heart of business success. Understanding “how” and “what” you do is necessary to be in business. But understanding your “why” is essential to your long term success.
Read moreNew Research Examines Investment Risk in the Home Care Franchise Industry
Posted by Ed Teixeira January 10, 2017
FranchiseGrade.com has published the annual Home Care Franchises Sector Report, highlighting the best investment opportunities among 69 unique franchise systems
Read moreFive Things That Make Home Care Franchises Such a Solid Investment
Posted by Jeff Lefler January 9, 2017
There are several important reasons why Home Care franchises have enjoyed the success they have over the past few years. In this year’s annual Home Care Franchises Sector Report, we revealed an amazing 58% growth in Home Care franchises since 2010, examining some of the significant franchise opportunities that are available in the Home Care industry.
Read moreHealthy Franchise Opportunities in the Home Care Industry
Posted by Jeff Lefler January 6, 2017
When you’re considering a franchise opportunity, there are literally hundreds of things to factor into your decision before you invest. One of the most important things to keep in mind is the franchise business sector -- it can be the driving force behind your explosive success or the anchor that sinks your business.
Read moreThe Traits of Successful Franchisees
Posted by Jeff Lefler November 28, 2016
Buying a franchise is a great opportunity for someone who fits the model of a successful franchisee. Not all people have these traits and the classic entrepreneur, or trailblazer, might not be the best fit. Franchising is about following a system. If you’re investing into a healthy franchise they have a proven system that works and are replicating that original business success. But, not all franchises have a proven system. Be careful when investing and make sure you buy the best franchise for you.
Read moreNever Open A Franchise If This Is The Reason Why!
Posted by Jeff Lefler November 9, 2016
Live the American Dream! Be in business for yourself but not by yourself! Great marketing pitches are designed to get you to want to buy a franchise. If someone tells you there’s this turnkey business that’s just waiting for you to invest into and it’s a proven business model and can’t fail – run away. Every business, including franchised businesses have risk. They are not turnkey. If you are opening a franchise for one of these reasons – stop. Reconsider!
Read moreHоw tо Effectively Track Yоur Buѕinеѕѕ Finаnсеѕ
Posted by Franchise Grade Team November 2, 2016
As thе оwnеr оf a business, it iѕ vеrу imроrtаnt for уоu to have a ѕуѕtеm thаt уоu fоllоw to track уоur revenue аnd еxреnѕеѕ, a rоutinе ѕуѕtеm thаt thrоugh which еvеrу trаnѕасtiоn flоwѕ. I like to саll thiѕ the Finаnсiаl Flow Sуѕtеm. Thiѕ system should bе followed соnѕiѕtеntlу аnd done wееklу оr monthly tо record and mаnаgе your buѕinеѕѕ finances.
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