Category: Featured
Fastest-Growing Franchise: The Flooring Industry Is Covering More Ground in the U.S
Many franchise organizations have rankings and lists of franchise opportunities that position brands favorably to prospective franchisees. One of those lists is published by Entrepreneur Magazine and ranks the fastest-growing franchises over a one-year period. For 2023, Floor Coverings International (FCI) made that list, ranking No. 74 out of 150 companies. Let’s take a look ...
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Franchise Training: 5 Signs of Effective Franchisor-Provided Training
When investigating franchise opportunities, one of the areas that can be difficult to evaluate is the training provided by the franchisor. Every franchisor promotes training and support, but many don’t go into detail on how they fulfill that promise. Knowing the signs of an effective training program is important to building a solid foundation for ...
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Why Home Service Franchises Are a Hot Investment Right Now
Franchises offer significant benefits over starting a business from scratch. You step into a business model that’s already proven to be successful, which allows you to focus immediately on running the business. You can also leverage the franchisor’s support system to keep abreast of industry trends that give you confidence in selling to customers. In ...
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Advantages of Franchising Over Starting Your Own Business
When comparing the benefits of franchising over those of starting your own enterprise, some of your best preparation comes in knowing what challenges most often cause businesses to fail. According to the U.S. Small Business Administration, one in three small businesses won’t make it past two years; half won’t exist in five years. Some key ...
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Home Renovation Franchises: Why They’re Growing
There are almost 800,000 franchises owned and operated in the U.S. today. That’s a huge sector of business, ranging from restaurants to retail and everything in between. For aspiring business owners, being part of a franchise can be the most efficient and financially smart way to leave the rat race of corporate America and become ...
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Showroom Franchise: Why It Works in the Home Services Industry
When you think of showrooms in business, your mind probably goes to car dealerships or furniture stores. These traditional showrooms are certainly tried-and-true sales tools for brands worldwide and for good reason. When customers are able to browse the products up close or see several elements of a layout, it can prompt a buying decision. ...
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Starting a Home Improvement Business: Profitable Ideas & Next Steps
If you enjoy what you do, you never have to work a day in your life. Many business owners in the home improvement industry relate to this kind of lifestyle. The industry is financially rewarding, and you’re focused on helping people make positive improvements to their homes. It’s a win-win line of work. Operating a ...
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Why General Contractors Make Great Franchise Owners
Franchise models are set up to work for either someone with significant experience in a particular industry, or someone with no experience at all in that industry. Can the same model really work for such a vast difference in experience? The operation of the franchise is created in such a way that anyone can learn ...
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Is a Cleaning Business Profitable or is it Oversaturated?
When researching business ideas, you usually start with what you know. You pick something you think would be a good business and that is in demand enough to support you financially. To truly establish a strong financial footing with a new business, sometimes what seems like the best idea isn’t as good of a deal ...
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12 Ways Low Overhead Franchises Save You Money
When thinking about starting your own business, one of the factors to consider is the amount of overhead that comes with the business. This is important because higher overhead costs usually mean a higher cost to operate. Franchises offer stability in this area with a proven franchise model. However, franchises can also have high overhead ...
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