5 Ways Franchises Became Stronger in 2020
As the final days of 2020 approach, we at Hundred Acre Consulting thought this would be an excellent time to reflect on the franchising industry’s resilience and highlight some of the key ways franchises became stronger in 2020 and how…
5 Semi-Absentee Franchise Opportunities You Didn’t Know Existed
When running a traditional franchise, it is common knowledge that it is a full-time commitment, which may not appeal to entrepreneurs looking to make a little extra cash on the side. Another option is semi-absentee franchises. What makes semi-absentee franchise…
How to Market Your Franchise
Picture this: you’re the owner of a great franchise. You have a great business model and offer a fantastic product, but you’re wondering how to market your franchise. This is a common struggle for many franchise owners, who want to…
6 Reasons Why Franchises Fail
Business ownership can be a challenging venture for entrepreneurs, especially franchise owners. Unfortunately, despite having the dream to run a healthy and successful business, some franchises fail. There are many reasons why this happens, a few of which we’ll discuss…
Why You Should Invest in a Healthcare Franchise
Healthcare franchises are a lucrative part of the franchising industry. No matter what the economy’s state is, there will always be a need for a healthcare franchise. According to industry experts, the preventative healthcare market has grown 25 percent in…
6 Best Franchise Industries for 2021
Whether you’re one of the many entrepreneurs considering joining a franchise family or a franchisor keeping tabs on industry trends, you should check out our predictions for the best franchise industries for 2021. Restaurant/Fast Food In early 2020…
5 Mistakes New Franchisees Make
Becoming a franchisee can be a dream come true. It’s an opportunity for you to become a business owner. Plus, you’re joining a supporting business family while helping the expansion of a beloved brand. What’s not to love? That said,…
