You found a brand you like. The unit economics look solid. The franchisor’s rep is friendly and responsive. Now comes the part most buyers rush: picking a franchise territory. Fact: A five-year lease at $4,000 a month adds up to $240,000. Most of that commitment gets signed with a personal guaranty attached to it. That’s […]

The post Before You Sign For a Franchise Territory: What the Numbers Actually Say appeared first on The Franchise King®.

Dickey’s Barbecue Pit is facing a new problem that prospective franchise buyers should pay close attention to. California regulators say the franchise company failed to accurately report the number of franchise locations that had stopped operating. More specifically, The California Department of Financial Protection and Innovation (DFPI) has ordered Dickey’s Barbecue Restaurants, Inc. (a franchise […]

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Huddle House franchising is making a big push to attract franchisees who want to build a multi-unit restaurant business. The 60-year-old breakfast and family dining brand recently announced a new incentive package aimed at qualified franchise operators. And some of the incentives are significant. The biggest one may be the royalty break. The Huddle House […]

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This post is about starting a franchise vs. starting your own business-and the costs involved in both. Every year, several people ask me the same question in a different outfit. “Wouldn’t it just be cheaper to start my own thing?” Hey-it’s a fair question. Franchise fees look scary on paper. Royalty payments feel like rent […]

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Florida continues to attract franchise expansion. Now, a major Crunch Fitness franchisee is adding another location to its growing footprint in the state. CR Fitness Holdings LLC is preparing to open Crunch Maitland. The new club will bring the franchise group closer to 65 Crunch Fitness locations in Florida. The opening is scheduled for August […]

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By JT Tatem Thinking About Selling a Business? Here’s How the Process Usually Begins At some point, most business owners ask themselves a simple question: “What would happen if I decided to sell my business?” For some, the thought of selling a business comes after years of building a successful business. Others start exploring the […]

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I’ve been in the franchise business for over 25 years. I’ve seen brands grow the right way. I’ve seen brands grow the wrong way. I’ve seen franchisees win big and lose everything. But now, with the introduction of private equity in franchising, I’m starting to think about the potential for franchisees to get screwed. That […]

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SpringGreen Lawn Care just announced something worth paying attention to. It’s a good story. In this case, franchise owners Tom and Mike O’Brien recently expanded into Pennsylvania. That’s their fifth territory. On the surface, it’s a growth story. Underneath it, it’s a lesson in how the best franchise businesses actually get built. Key Takeaways From […]

The post A SpringGreen Lawn Care Franchise Family Succession Story Every Franchise Buyer Should Study appeared first on The Franchise King®.

I’m going to share some surprising information on how franchisors are using AI to dig through your past. Wait. Why are they doing that? Because they want to use that information to determine if you’re worthy of their franchise brand.  Keep reading, so you can understand what a lot of today’s franchisors are starting to […]

The post How Franchisors Are Using AI to Decide If You’re “Worthy” of Their Franchise Brand appeared first on The Franchise King®.

Franchising gets a lot of praise as a path for veterans. And a lot of that praise is earned. Veterans understand structure. They understand discipline. They know how to follow a system. With that in mind, I’ve spent 25+ years working with people who buy franchises. Veterans included. Some of them have gone on to […]

The post 5 Reasons Franchising Isn’t Always the Right Path for Veterans appeared first on The Franchise King®.