The Best Franchises ...
what they are about and why you might want to operate one

The best franchises are a growing part of the national economy and present a better chance for success to the new franchisee.

Not every franchise is a surefire way to multiply your savings and provide you with an enjoyable occupation, however, franchising when done right and entered into with eyes open, can be a profitable, enjoyable way to spend your future.

The sheer diversity of franchising, the wide range of concepts and differing strategies for expansion and development - ensure that franchising will continue to provide new business opportunities well into the future.

Becoming a Franchisee...Becoming a Franchisor

The purpose of this website is to help prospective franchisees make the right decision on whether to become franchisees, and as well, to provide information to help businesspeople determine whether franchising is a good expansion strategy for their companies, and if it is, how to design, develop, manage, and expand their new franchise systems.

The prospect of owning a franchise or franchising your business is very exciting and challenging. We offer some franchising tips and solutions to assist you in your quest of making the franchise decision.

LEARN ALL ABOUT THE BEST FRANCHISES…

• What they are and why you might want to operate one…
• The types of opportunities available…
• The benefits and drawbacks…
• What will be required of you…
• The level of risk you’re willing to accept…
• What to expect from the franchise experience…
• The management and leadership skills you’ll need to achieve success…
• Defining your goals…
• Understanding what type of businesses are available…
• Getting tips on choosing the franchises to meet your needs and goals…
• Buying an existing franchise versus opening a new location…
• Preparing for life as a franchisee…
• An in-depth sampling of best franchises from a variety of industries…
• The best franchise opportunities according to the International Franchise Association…
• Analyzing your current financial situation…
• Creating a detailed business plan…
• Gathering your start-up capital…
• Understanding financing options for franchisees…
• Analyzing your customer base…
• Determining your real estate needs…
• Finding the perfect location…
• Evaluating your competition’s location(s)…
• Negotiating your lease…
• Reviewing the training you should expect from your franchisor…
• Taking advantage of all learning opportunities…
• Rounding out your business education…
• Passing your knowledge to your employees…
• Finding the best employees…
• Hiring employees you can trust…
• Conducting successful interviews with applicants…
• Managing your employees after they’re hired…
• Solving common staffing problems…
• Firing bad employees…
• Hiring experts: an accountant, lawyer, publicist, or manager…
• Working with freelancers and consultants…
• Obtaining additional training…
• Following the rules and guidelines of your franchisor…
• Selecting vendors…
• Establishing credit with your vendors…Mastering inventory management…
• Promoting and advertising your business…
• Becoming an active part in your community…
• Building customer loyalty to generate repeat business…
• Focusing on providing top-notch customer service…
• Planning your opening day event(s)…
• Information about the International Franchise Association…
• Tips on how to choose the best location…
• What franchisors are looking for in franchisee candidates…
• Mistakes made by first-time franchisees…
• Learn from experienced franchisees…
• Tips on how to avoid common problems…
• Advice on what to expect when you get started…
• Strategies for success as a franchisee.

Franchising -- Hot Topics

Franchising-- Top franchising information for all new or potential franchisees. New franchises, current trends, breaking news, great franchising books, franchising events.

Business Franchising

There are two types of business franchising: product distribution franchising and business format franchising. Here’s how to choose the best option for you.

What Is A Franchise?

What is a franchise - it is a business relationship that links a company that wants to distribute a product/service and an entrepreneur who wants to run a business.

Start A Franchise

A franchising pro shares his knowledge on how to start a franchise, what a franchise is, and why you might want to operate one.

Franchise Financing

The financial reality of franchise ownership and franchise financing.

Welcome

Welcome to the best of franchising.

Contact Me

Contact Me

Franchise Business Plan

A strong franchise business plan is a communications tool, your one opportunity to influence your lender.

Franchise Financing Costs

An overall picture of what your franchise financing costs may look like

Buying a Franchise

In your quest for new business opportunities consider buying a franchise

Pros and Cons of Franchising

Pros and cons of franchising. Not all franchises are successful. Not all are profitable, but yours can be.

Successful Franchisees

Similarities and characteristics of successful franchisees

Financial and Accounting

Financial and accounting responsibilities. When investigating the best franchises, be sure you understand the obligations as to these responsibilities.

Franchise Documents

By learning more about franchise documents and the details they require, you will be better prepared to investigate potential franchise opportunities.

Development Formats and Agreements

Development formats and agreements for the franchisee

Franchising Lawyers

Franchising lawyers and legal issues relating to your franchise

Franchising Research

Franchising research information is the single most important activity in making your franchise investment decision, and you’re the one who has to do it

Franchising Research Sources

Franchising research sources of information

Definition of Franchising

Definition of Franchising - terminology, explanations and definitions

Contribute to Best Franchises

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