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How Has COVID-19 Changed Franchising in 2020?
It’s safe to say that no business has escaped the economic devastation brought on by the pandemic. Though some were affected worse than others, COVID-19 continues to alter our everyday lives, the consistent threat of cutting costs or closing and reopening looming overhead. Despite its many changes, franchising is a resilient business model, and many have been (thankfully) able…
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Why Retirees Make Great Franchise Owners
Have you found that retirement isn’t what you thought it would be? Maybe you have been retired for a few years and you have become bored. Maybe you realize that you want to continue your success and build something incredible that you can hand down to your family. Perhaps you had career goals that were never achieved and you’re ready…
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Entrepreneurship Is Booming With Millennials- Here’s Why
Did you know that millennials make up more than half of the American workforce, and by 2025, millennials will account for 75% of the workforce? It’s not just them grinding away in a cube farm though, millennials are setting themselves up to be a real driving force in business ownership and entrepreneurship. Millennials are also very different than any other generation…
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How The Christmas Rush Changes In 2020 And Which Franchises Will Come Out On Top
We can’t believe it either, but Christmas is just around the corner, and mid-summer is when businesses should begin planning for the Christmas season. -The sooner you begin planning, the more successful of a holiday season you will have! In fact, the holiday season is huge for most businesses, and some businesses do more sales during the holiday season than…
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Industries That Do Well Even During A Pandemic
This year has been challenging for several businesses. With social distancing guidelines and other guidelines from the CDC, many businesses have been forced to shut their doors. Most businesses closed their doors to customers temporarily, but for some, they have had no choice but to close their doors for good, after weeks without revenue. While many businesses have struggled, there…
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Why 2020 is the Year to Buy a Senior Care Franchise
With a minimum of 30,000 seniors in every territory, there are plenty of opportunities to go around in the senior care industry.
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Working with a franchisor – what it’s all about
Working with a franchisor is an insightful way to be a business owner with an established reputation before you begin. This week, we bring you some ideas of what you should expect and be prepared for when working with a franchisor. Insights like these can also help you determine what questions you should be asking as you start interviewing and…