In researching both successful and unsuccessful franchises, I came across the most recent list of the 25 worst franchises in the US according to SBA loan failure rates. (blue mau mau Jan 24, 2009). Ranking from the worst to merely “bad,” 40% of the top failing franchises were
If you’d like to work in a system where you and 100′s of others work for the benefit of the community, but no one benefits nearly as much as the dictator franchisor then franchising is for you. Having been in a franchise system where this became obviously true after just a few short months, it [...]
Easy answer: It’s Both!
If you’re considering a franchise purchase, you’re considering whether you want to make running your own business your job. That may sound obvious, but if you’ve never run your own business you may think that it isn’t a job, its an investment or a ticket to riches, or many other things. [...]
When you’re looking into franchising, it may cross your mind to ask the question of whether you’d be better off putting that money into the stock market instead. Lets have a chat about it. Which one will have the better ROI or return on investment? If it doesn’t cross your mind before you buy a franchise, it will afterwards.
When [...]
The biggest question on your mind, if you’re considering the purchase of a franchise should be, “What do I get for the money I’m sending out?”. No, I mean it. You really need to stop, quantify and put a value on, “What You are Being Sold”. Take a step back forget for a moment that [...]
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Franchise News- Lack of goalie development one of Tampa Bay Lightning's big franchise failures - Tampabay.com May 19, 2012NBCSports.comLack of goalie development one of Tampa Bay Lightning's big franchise failuresTampabay.comBy Damian Cristodero, Times Staff Writer The Lightning's preliminary pursuit of Finnish goaltender Riku Helenius is one of the more fascinating developments of the offseason. It never has developed a goalie — not even a consistently reliable backu […]
- Helping hand for veterans: Franchises offer new career path - Colorado Springs Gazette May 19, 2012Helping hand for veterans: Franchises offer new career pathColorado Springs GazetteTo learn more about the International Franchise Association's VetFran program and its Operation Enduring Opportunity campaign, go to www.vetfran.com. Mickey Ayres, looking to launch a new career after 30-plus years in the Navy, wanted to run his own ... […]
- Wes Welker opts for a more politically correct route in contract talks - Boston Herald (blog) May 19, 2012Boston Herald (blog)Wes Welker opts for a more politically correct route in contract talksBoston Herald (blog)When I asked him about the status of contract talks for that extension in wake of signing his $9.5 million franchise tender, he said it had “gotten worse.” Asked to define “worse” Welker revealed the offer on the table was less than the two-year $16 […]
- Lack of goalie development one of Tampa Bay Lightning's big franchise failures - Tampabay.com May 19, 2012
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