More and more women are embracing the world of franchising. They may be considered a business minority for now, but the number of female business owners have grown significantly. Women have taken a big chunk in the pie for business ownership, about 32% in total. Last year alone, 42% of newly opened franchise businesses were…
One of the great things about owning a franchise is that it is available to everyone regardless of race, education, gender, or geography. That’s right – everyone! The criteria that determine if you would be a good business owner or not has nothing to do with race, education, gender, etc. The trend of globalization has…
Have you ever said to yourself “I sure wish I had bought into ‘XYZ’ brand when they first started, I would be rich by now!”? What comes into your mind when you hear the words emerging brands? To emerge simply means “becoming apparent or prominent.” In the world of business, emerging means nothing more than…
Imagine the following: An empty room with two chairs, a table, and both of us sitting in front of each other. On that table, there’s a pile of cards with a brand logo on each one. Some of the brands are famous, others are not. I bring in two buckets and ask you to play…
Strong leadership skills, understanding of teams, following procedures with precision, and comprehensive training expertise. This is how Franchise Business Review reported why veterans are successful in franchising. According to a progress report that was prepared for the International Franchise Association (IFA), 97% of franchisors indicate that veterans are a good fit as franchisees within their…