Blog | Buyer: Career Changer (3) | FranchiseGrade.com, Inc.

The Top 5 Reasons to Buy a Franchise

Posted by Jeff Lefler November 10, 2016

This isn’t your typical list of vanilla reasons to buy a franchise. A franchise is not turnkey. A lot of franchises do not have a “proven model” and some even have higher failure rates than starting your own business!

6 Tips for Finding the Best Franchisees for Your Business

Posted by Franchise Grade Team November 1, 2016

For 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.

A Checklist for Finding the Best Franchise

Posted by Franchise Grade Team October 27, 2016

Prospective 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.

Become a Real Estate Broker

Posted by Franchise Grade Team October 25, 2016

Becoming 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.

The Importance of Online Ordering When Catering Out of Restaurants

Posted by Franchise Grade Team October 15, 2016

When we talk about the 5 Pillars of Restaurant Catering, one of the most important elements of delivering a successful off-premise catering program is sales. No off-premise program can thrive without the proper sales tools designed to grow the business.

Children's Services Franchise Systems Are Growing Up

Posted by Franchise Grade Team October 14, 2016

The children's services franchise sector is one of the fastest growing within the franchise industry. From our Sample of 106 children's services franchise systems, this sector has seen franchised outlets increase by 12.1% since 2010. Children's franchises represent only 2.1% of the industry outlets but account for a staggering 6.3% of industry outlet growth.

The Potential Advantages of a Partnership

Posted by Franchise Grade Team October 11, 2016

Many entrepreneurs need capital to start a business. Many times to secure that capital, instead of borrowing more money, or if they cannot borrow more money, they enter a partnership. This can be a good or bad move. There are advantages and disadvantages to a partnership. I have consulted with one business that worked fairly well and I have consulted with many that were dysfunctional.

Home Based Children’s Franchises Provide Ease of Entry

Posted by Nate Riggs September 27, 2016

As the popularity of children’s service franchises increases, the number of home-based franchises account for 30% of those franchise systems. Combining the benefits of a home based franchise with the increased demand for children’s services represents a good opportunity for certain franchise candidates. The use of new technologies has accelerated the growth and efficiencies of home-based franchises. In the past, a person that operated from a remote location would have limited resources to manage their affairs. Today, it’s become common place for business owners and employees to work from home.

Three Franchises that Cater to Parents

Posted by Franchise Grade Team September 5, 2016

An increasing number of parents find themselves in need of quality childcare. In the past, most women were expected to stay home to take care of the children. However, as a result of higher living costs and women gaining more independence most mothers are reluctant to leave their job when they have children. In 2015, 60.6% of households had both parents working. Single parent families often find themselves in need of childcare as they try to balance their job and home life. In these situations, it's important to have a child care provider that understands the needs of modern parents and can meet to their needs. Here are 3 Top Child Care franchises that cater to the needs of parents.

Franchisee Centric or Franchisor Centric?

Posted by Franchise Grade Team July 4, 2016

Although there may be differences in the way franchisors operate their franchise system we can assume with confidence, that franchisors intend to develop a franchise network with profitable franchisees and strong brand recognition. If there is an operational difference among franchise systems, an indicator can be found in the balance found within a franchise system. I would describe this in terms of how a franchisor interacts with their franchisees. This is not to say that all franchisors aren’t concerned about their franchisees but rather what is the operating philosophy that certain franchisors utilize. In order to more clearly define this phenomenon, I believe that franchisors usually fall into one of the following two categories or somewhere in the middle; Franchisee Centric or Franchisor Centric. Problems can arise when there is a pattern of overly emphasizing one approach over another.