Emotion: Optimism (3)
Share /It 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 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 moreBecome 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.
Read moreQSR Trends: Millennials in Franchising
Posted by Franchise Grade Team October 21, 2016
There’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 moreBrands to Watch – Berkshire Hathaway HomeServices
Posted by Franchise Grade Team October 13, 2016
As the real estate sector continues to experience a resurgence, a brand that potential investors may want to consider is Berkshire Hathaway HomeServices (BHH). BHH is an affiliate of the parent company Berkshire Hathaway, owned by the highly successful businessman Warren Buffett. Buffett, with a net worth of $67.5 billion, is the third richest person in the world as of July 2016. While many businessmen with comparable wealth achieved their wealth through the acquisition of goods and product innovation, while Buffett’s empire is in the form of share certificates, the result of consistently smart investments.
Read moreThree 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.
Read moreMaking a Case for Mandatory Item 19 Disclosure
Posted by Franchise Grade Team July 13, 2016
The US Securities Act of 1933 (the Securities Act) requires that the disclosure filing of a registration statement with the Security and Exchange Commission and the distribution of a prospectus in connection with the Initial Public Offering for investors must contain certain financial statements and other financial information regarding the issuer’s financial condition and results of operations.
Read moreStartup Franchisors Need to Preserve Capital
Posted by Franchise Grade Team June 20, 2016
After having recently attended the 2016 International Franchise Expo, I was struck by the number of startup franchisors exhibiting and extolling the benefits of their franchise opportunity and was impressed with a number of the franchise concepts. If some of these franchisors have the proper leadership and necessary capital (emphasis on capital) I believe they can develop successful franchise programs. A number of these startups are built upon a foundation of multiple corporate locations, which is an important predictor of future franchise success. However, an important requirement for a successful startup franchise system is having enough capital to fund the growth of the franchise.
Read moreVital Franchise Statistics
Posted by Franchise Grade Team April 18, 2016
From time to time we’ll publish some important Statistics from Franchisegrade.com that we feel are pertinent to franchisors, franchisees and other participants in the franchise industry.
Read moreSome Franchisors Neglect the Importance of Market Research
Posted by Franchise Grade Team March 21, 2016
There are two primary objectives franchisors seek to achieve! First, the recruitment of qualified franchise candidates and second, growing their franchise network with successful franchisees. However, a number of franchisors neglect another important objective that’s related to the two. This requires having an effective franchise recruitment and development strategy that targets the right markets.
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