What Does It Take To Be The Best Franchise Consultant? Franchise Beacon is an analytically driven company. At the end of the day, franchise sales is nothing but math. If you’ve read the book How and Why to Franchise Your Business, you know that our philosophy is that you can move the needle somewhat through […]
Is Franchising The Perfect Expansion Model? This article was published in the December 2018 issue of Indian Management Magazine.
In the United States, many loans are in some way government backed or guaranteed. Small businesses receive SBA guaranteed start-up and working capital loans, service members receive VA backed home loans, and teachers receive down-payment assistance through the Teacher Next Door program. The fact is the government is in the lending business. Franchisee Funding Affected […]
There is no excerpt because this is a protected post.
5 questions to ask before you franchise There are many Benefits to franchising your business. However, before go writing that FDD, wait! If you skipped the question of “Should I franchise”, you need to take a step back! These five questions will help you know if you should franchise your business. Is my business right […]
Where Did This Money Come From? When you first start looking for funding as a small business owner, the lack of options can surprising. After all, when you first opened your business, especially if it was a franchise, you probably had lenders ready to hand you funds at the drop of a hat. Then, you […]
Why working with franchise brokers makes sense I went to the Franchise Broker’s Association Annual Convention some time ago. Afterwards, I was in the Houston United Club on a layover, and I had a call with one of my franchisor clients. He was shocked to learn that we were working with franchise brokers. “They are […]
Welcome to the Ultimate Guide to Franchise Sales. This guide covers every step of the evaluation process.
franchisee Recruitment Validation is something you should be thinking about even if you are just now considering how to franchise a business. You might think that you are responsible for selling your franchise, or that you employ the people responsible for selling your franchise, but that is simply not true. The people that impact your […]
The B2B franchise space has a tendency to be high margin, attract top-notch franchisees with strong sales and/or executive backgrounds, and enjoys a long history of success. Of course, as a franchisor in this space, you already know that. You also know the other side of the coin; that a service-based B2B franchisee can quickly […]