Guide : Franchise Herald

Friday February 22, 2019

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updated - February 22, 2019 Friday EST

Guide

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Do's and Don'ts: Starting a Business

So, you are ready to start your business venture. Great! Get off on the right track by following a few simple "DO's and DON'Ts."

A sign marks the entrance to a job fair in New York

Lawmakers, in rare show of unity, pass small business bill

In a rare display of election-year bipartisanship, the House of Representatives voted overwhelmingly on Thursday to make it easier for small businesses, the engine of the economy, to raise capital and eventually hire workers.

Q&A

Frequently Asked Questions About Franchising

The International Franchise Association (IFA) was established in 1960 to build and maintain a favorable economic and regulatory climate for franchising. It is the only association serving as the voice for franchising in the United States and is a major participant in the international franchise arena. IFA's mission is to enhance and to safeguard the business environment for franchising worldwide. Today, more than 75 industries operate within the franchising format, and IFA's membership and ...

franchising regulations

Franchising Regulation Overview

There is no doubt about it. Putting your money in a franchise is an active investment as contrasted with a securities investment which is passive. Franchisees often place their life savings, time, and energy into the franchise and, as a result, the loss of a franchise investment may be even more catastrophic than the loss of a securities investment.

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Gaining finance for a franchise

For any new business there are several options for acquiring finance, however, the preferred option for larger levels of finance tends to be bank loans - this is no different for franchising. Before thinking about approaching a bank, you need to build a comprehensive business plan to allow the bank to judge the viability of the business.

Advantages and disadvantages of franchising your business

Franchising offers many advantages as a method of expanding your business, but you must also consider the disadvantages of this business model.

Unleashing the Power of Your People with Internal Franchise

Business leaders are looking for a new edge. Their companies may be just barely alive, having made cuts they never thought they would have to make. The workers have been beaten down and overworked. The energy, the buzz, and satisfaction are dead. Why not turn to Internal Franchise, advises management consultant and author Martin O’Neill.

Value investment and Market timing: Opportunities in times of crises

Luminary 'small-cap king' Dr Tan Chong Koay sees opportunities in crises.

Tim Harford

To succeed in life and business, adapt and fail productively

Over-simplification of the innately complex that perpetuates some of the most pressing social, economic and political problems that confronts us today, according Tim Harford, author of The Undercover Economist, Adapt.

Small Businesses

Small Business Loans: How They Work and What You Should Know

For small business startups, knowing how loans work and getting them are absolutely crucial.

Jobs bill could harm small businesses

Is Small Business Doomed?

The American Express OPEN Forum reported that there was an 11 percent increase in the number of small businesses closing and a 17 percent decline in the number of small businesses opening.

Small Business Exporting Advice: Crucial First Steps

Small business exporting can sound intimating, but with the right advice and research, business owners can make thoroughly informed decisions.

Anatomy of the Entrepreneur

What makes entrepreneurs tick? LinkedIn combed through more than 120 million public profiles to pull stats on entrepreneurs and compare them to the average member. Some common threads from the study released in September include:

Franchise or License?

Q:What is the fundamental difference between franchising vs. licensing someone to operate my business in another state? I am trying avoid becoming a franchise, but I have people interested in using my business and my business model in other states.

INTERNATIONAL FRANCHISING

International franchising has grown significantly in recent years. Franchising now exists in more than 160 countries and is used in more than 70 different business sectors. U.S. franchisors are expanding internationally, and in doing so, will need strong master licensees in the host countries. Master franchisees must have the capital, business acumen and knowledge of local markets to make the franchises there successful. While Canada is still the most popular country for U.S. franchise expansion...

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TOP 10 FRANCHISES OF 2019

RANK

FRANCHISE NAME

STARUP COSTS
1

Hampton Hotels

$3.7M - 13.52M
2

Subway

$85.2K - 260.35K
3

Jiffy Lube Int'l. Inc.

$196.5K - 304K
4

7-Eleven Inc.

$30.8K - 1.64M
5

Supercuts

$103.55K - 196.5K
6

Anytime Fitness

$56.3K - 353.9K
7

Servpro

$133.05K - 181.45K
8

Denny's Inc.

$1.18M - 2.4M
9

McDonald's

$1M - 2.16M
10

Pizza Hut Inc.

$295K - 2.15M

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