By Clint Rainey November 16, 2023 Is the beloved American fast-food-franchise model facing a reckoning? In the past year, and more frequently in recent months, franchisees that were once big moneymakers for such brands as Burger King, McDonald’s, Popeyes, and Hardee’s have started to file for bankruptcy. On Tuesday, a major Wendy’s franchisee—Florida-based Starboard … Continue reading Wendy’s, Burger King franchise empires are going bankrupt. Is the fast-food model broken?
Tag Archives: Franchise
Halo developer says franchise is ‘here to stay’ after studio ‘hit hard’ by Microsoft layoffs
Jessica Conditt @JessConditt The best thing I can say about Halo: Infinite is that it gets better as it goes. The single-player campaign starts out as a basic first-person shooter dripping in nostalgia juice, and it ends up as a rudimentary open-world shooter swimming in sci-fi tropes, starring everyone’s favorite emotionless space soldier and his … Continue reading Halo developer says franchise is ‘here to stay’ after studio ‘hit hard’ by Microsoft layoffs
How to Evaluate a Potential Franchise Opportunity
Joel Bissitt December 16, 2021 Every franchise opportunity is different, and you have to consider several factors before deciding to invest in one. As experts in franchising and franchise businesses, we recommend carefully considering and evaluating the following criteria before becoming a franchisee. The market Most first-time franchisees opt for international franchises like McDonald’s, KFC … Continue reading How to Evaluate a Potential Franchise Opportunity
5 Tips for Managing Franchise Employees
Rebecca Fulton — July 16, 2019 Follow @rebeccanfulton — July 16, 2019 So, you bought a franchise – now what? A simple guide to hiring and managing franchise employees. Part 2: 5 Tips for Managing Franchise Employees Now that you’ve hired a few rockstar employees, it’s important that they stay – but what are some … Continue reading 5 Tips for Managing Franchise Employees
What to Know Before You Buy That Franchise
Meredith Wood — September 6, 2018 Follow @fundera — September 6, 2018 rawpixel / Pixabay The most common misconception about a franchise is that it’s a “business in a box,” but in reality, a franchise is far from a pre-packaged business. In fact, it’s only a contractual agreement between a franchisor and a franchisee, or … Continue reading What to Know Before You Buy That Franchise
How Does a Franchise Work? Uncover The Secret Sauce of an American Franchise Giant
Adam Henshall — February 12, 2018 — February 12, 2018 The franchise model of doing business is a decidedly American affair. The concept marries the power and scale efficiencies of large corporate bodies with the entrepreneurialism and hard work of mom-and-pop small business. According to the United States International Trade Association: there are over 780,000 … Continue reading How Does a Franchise Work? Uncover The Secret Sauce of an American Franchise Giant
Everything You Need to Know Before Buying a Franchise
Bruce Hakutizwi — September 22, 2017 Follow @BizForSaleUS — September 22, 2017 Photo by Mike Petrucci on Unsplash If you’ve ever considered owning a business of your own, the option of buying a franchise has to be a serious consideration. Of course, deciding between buying a franchise or an independent location involves a number of … Continue reading Everything You Need to Know Before Buying a Franchise
Franchise SEO: How to Take Local SEO to Multiple Locations
by Avinash Nair June 24, 2016June 24, 2016 First of all, let me apologize for the slightly misleading title. There is a world of difference in local SEO for franchises, e-commerce SEO or paid SEO for that matter. From creating different types of landing pages to finding niche keywords that are relevant, a lot of … Continue reading Franchise SEO: How to Take Local SEO to Multiple Locations
Review improvement strategies for franchise and multi-location companies
WIth local business reviews influencing click-throughs from search (and possibly even local rankings themselves), columnist Brian Patterson notes that large businesses with many locations need to have a strategy for obtaining and managing reviews. Brian Patterson on June 7, 2016 Reviews are an undeniable internet phenomenon. A short 20 years ago, our opinions of … Continue reading Review improvement strategies for franchise and multi-location companies
What Franchise Buyers Need To Know About “Business Opportunities”
by Joel Libava May 30, 2016 Follow @FranchiseKingMay 30, 2016 Business opportunities, (or biz opps as they’re sometimes called) are not franchise opportunities. Did you know that? A Story About a year ago, I got into a little online tiff with a gentleman who was calling his business opportunity a “franchise.” Except it wasn’t a … Continue reading What Franchise Buyers Need To Know About “Business Opportunities”