FDDs, FDDS, everywhere FDDs and nary a document to read. Wondering where to get free franchise disclosure documents?
ECE is the place to be in 2021
I can’t think of a better time to evaluate a franchisor in the restaurant space. The Covid-19 pandemic forced franchisors in all spaces to showcase their ability to execute in all areas of leadership.
Building a successful pet grooming franchise
This article was featured in Franchise Connect Magazine, Issue 11. Franchise Beacon President Michael Peterson shares how to find your authentic selling voice.
Our top-ten tips for working from home
This was co-written with Mike Drumm, franchise attorney and founder of Drumm Law. Mike has been running a virtual company with many employees for 10 years, I have for 8. We wanted to raise our voices and see if we could help those of you that find yourself in a novel situation. We are facing […]
10 Steps to Becoming a Franchisor
The 10 Steps to Becoming a Franchisor Determine if your business is one that can be franchised Conduct a feasibility study to evaluate scalability, national demand, and profit for franchisees. Make sure you have the time and money Be prepared to take a step back from your current business, and anticipate an investment of [...]
The top 5 reasons for franchise failure
What are the top 5 reasons for franchise failure? Well, it depends on who you ask. Some people even list the “coattail affect” as a reason that a perfectly sound franchise might go belly-up. The fact is, there are almost as many reasons for small business success or failure as there are small businesses. Some […]
Sanjay Gehani; Tech Background Leads to Leading a Preschool Franchise
The Chief Marketing Officer and Partner of Building Kidz Preschool Franchise parlayed his high-tech career into creating a high-touch franchise brand. I recently had the privilege of attending the first annual Building Kidz Preschool franchise convention in Foster City, CA. I sat down with Building Kidz Partner and CMO (and Foster City Councilman) Sanjay Gehani. [...]
Who Are the Best Franchise Consultants?
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 […]
Franchise the Perfect Model Article
Is Franchising The Perfect Expansion Model? This article was published in the December 2018 issue of Indian Management Magazine.
5 questions to ask before you franchise
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 […]