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Top 5 Franchise Myths Debunked
Every industry has its myths, including franchising. So, as you consider buying a franchise, a question you may have is how do you know what franchise myth to believe and which ones you should ignore? Our team at Hundred Acre Consulting can help. Below, we debunk the top five franchise myths. You Have to Be a Workaholic to Find…
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Franchising 101: 5 Challenges of Owning a Franchise
Franchising is a business agreement in which one entity licenses another to use its trademark or individual business systems and processes. This enables the party to manufacture and sell a product or service that meets specific criteria. The franchisor is the person who grants these rights, while the franchisee is the person who buys them. However, you must consider the…
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5 Tips for Finding Success Year-Round with a Seasonal Franchise
Customers rely on goods and services throughout the year, and sometimes these needs are seasonal. As the owner of a seasonal franchise, this poses a big challenge. It is up to you to navigate a seasonal franchise’s unique struggles and find a way to keep your business thriving when customers aren’t as regular. However, having a seasonal business doesn’t mean…
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What It’s Like to Work with a Franchise Consultant
Deciding to invest in a franchise can be an exciting moment in any entrepreneur’s life. There is the undeniable thrill of building an empire with the help of an established brand. However, like most business owners, there is the question of where to start. The answer is to work with a franchise consultant. A resource to be used often, these…
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How to Find the Right Franchise Opportunity for You
Buying a franchise is a significant moment in your entrepreneurial career. It can be the launching pad for a successful business that may one day grow into a multi-unit franchise empire. The question is, how do you find the right franchise opportunity for you? There are thousands of franchises to choose from, which can be overwhelming for anyone looking to…
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Top 8 Best Franchise Opportunities to Own in 2021
The COVID-19 global pandemic has had an impact on many industries, but none more than franchising. Its presence has undoubtedly shifted the top enterprise trends in the franchising community and the top 8 best franchise opportunities to own in 2021. Don’t believe us? Let’s take a look at the top franchises and how the pandemic has increased the demand and…
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6 Benefits of Senior Care Franchising
If you’re looking for a way to break into franchising and the healthcare industry, senior care franchising is an excellent investment opportunity. As the population grows older and lives longer thanks to medical advancements, the need for senior care increases. If you’re unconvinced of the void owning a franchise can fill, check out these six benefits of senior care franchising.…