• If you’re looking for a franchise to invest in and don’t know where to begin, the best thing you can do is to find a business that fills a niche in the market. No matter where you’re located, chances are there’s already an abundance of fast-food restaurants, fitness centers or automotive repair places around. Opening a business in one of those crowded industries means a lot of competition right off the bat. And if you wan

    If you are new to the world of franchising, you may not realize how many different companies you come in contact with that are franchises. Like most of us, if you’re asked to name the first franchise you can think of, you’ll probably say McDonald’s, Burger King, or possibly another fast-food restaurant. But fast food is just the tip of the iceberg when it comes to franchising. Franchises are offered in more than 75 indust

    It’s sometimes said that the difference between a dream and a goal is a plan. Lots of people have dreams, things they hope will happen someday. But people who dream of one day owning their own business need to come up with a plan. Starting a business is a lot of work, especially for someone who’s never done it before. No matter what the industry, you must develop a business plan, raise capital, establish a market in which

    Construction is hard work and long hours at a physically demanding job. If you make a living with your hammer, you’ve probably thought about what it’d be like to own your own business. Maybe you imagine doing the same work you’re doing now, while earning more money as the boss. Or maybe you have no experience but would like to profit from this lucrative industry, while hiring others to do the work. Construction is booming

    In 2003, two college students started a summer business hauling away furniture and other unwanted items. They named their business College HUNKS Hauling Junk as a joke, but then thought it was pretty good. After graduating college, they decided to turn their summer venture into a real business. They began franchising the business in 2007 and by 2021, there were 156 College HUNKS franchises in the U.S. and Canada. On their

    The COVID pandemic has changed the way Americans work. Many people began remote working during the early days of the pandemic, and a lot of them never went back to the office, preferring the flexibility of working from home. But no matter where they do their jobs, many of these workers still spend the majority of their time sitting in front of a computer. If you’re an active person who enjoys being outdoors and are lookin

    Nine Franchise Benefits You Simply Can't Deny Have you ever thought about owning your own business? Being your own boss? Earning a lot of money doing what you want to do? If so, you are not alone. According to the Small Business Association, more than 600,000 new businesses open in the U.S. each year. Unfortunately, the failure rate for new businesses is high. The Bureau of Labor Statistics reports that 20% of new busines

    First-time entrepreneurs are usually young, ambitious, big on drive, but short on cash and experience. Or they may be a bit older, having spent enough time in the workforce that they’ve grown tired of working for someone else. Both of these investors want to be in charge of their own financial futures by running their own businesses. Often these types of investors want to build a business from the ground up without realiz

    You’ve most likely heard of Ace Hardware, and chances are you’ve even shopped at one. Currently, there are more than 4,000 Ace Hardware franchises in the United States. They are consistently ranked as one of the best franchises to own by several different websites. If you already own a hardware store, they have a process where you convert that store into an Ace franchise. They have also started Ace Hardware Grocery, partn

    A home services franchise can be a good investment, but there are some things to be aware of before you buy. Learn what to expect to set yourself up for success. WHY SHOULD I BUY A FRANCHISE? If you are passionate about getting into the home services franchise segment, one of the first questions you will likely consider is whether you should open your own outpost or join a franchise. There are benefits to each, but the up
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