Franchise Brokers Association FBA -Industry BLOG
Leading the Franchise Broker / Consultant Industry in News and Information
These days, everything is going digital. That means as a franchisee and small business owner, you have to make the right tech decisions so that your business benefits the most. To be frank, tech mistakes could cost you time, money, and even the security of your business. The Franchise Brokers Association listed a few things you need to think about when handling … [Read more...]
Recently, Forbes released the Top 20 Franchises for the Buck. They reviewed FDDs and based their methodology on five variables: average initial investment, total number of locations, closure rate, growth in number of US outlets, and training hours as a percentage of start up costs. From that information they showcased twenty well-known franchise brands that … [Read more...]
As an entrepreneur, by nature you probably like to go left when the world goes right. And we understand that feeling. But when an entrepreneur makes the decision to become a franchisee, some of that independent spirit has to be curtailed. Remember, now you are part of and represent a bigger organization. What that means is you often need to get approval … [Read more...]
Are you considering owning a small business and ready to expand your entrepreneurial skill set with a franchise? Since Franchise Brokers Association knows how large of a step you are mulling over, we've come up with four questions every potential franchisee should ask before taking the huge leap. No. 1 Which market is right for your business? This … [Read more...]
Have you heard of Pinterest? Like Twitter and Facebook, it's a social media tool that can help market your business. Unlike the others just mentioned, it heavily focuses on the visual, not 140 characters. One of the hottest things in social media right now, Pinterest is an online social pinboard that is growing faster than Facebook was when it was … [Read more...]
