Who can take credit for being the first to implement the franchising model is debatable. According to this report by the International Franchise Association, it is widely believed the first franchisor ...
A well-executed franchise program can catapult a sound business concept into a worldwide organization. 7-Eleven© operates over 56,000 stores in 18 countries. Subway© is operating over 44,000 shops in ...
A great idea isn’t enough — you need at least a year of proven success before franchising. Documentation, legal expertise, and outside guidance are critical to building a franchise system. Franchising ...
Franchising is a unique business model. Its roots go back centuries, but within the restaurant industry, the first applications occurred in the 1920s, with A&W and White Castle being notable early ...
Franchising isn't for everyone, and it certainly isn't for every business. It is generally viewed as one of the most scalable business models and, done right, can offer a relatively rapid route to ...
Franchising as a business model spans a whole range of industries and sectors, from fast food, hospitality and retail, to children's activities, dog hotels, travel and pest control. In fact, there are ...
Many new franchise business models are mobile app and internet based, but while the lack of real estate can reduce costs, ...
YRC is a retail and eCommerce consulting brand with a decade-long experience in developing curated business solutions and services. Among many organic and inorganic business growth and expansion ...
You may have heard that fear of the unknown is one of the most common reasons people never get started on their dreams. This is very true in the business world. Countless people have wished they could ...
After working in the nonprofit world, Rose White went back to college two years ago to earn an MBA. She knew she wanted to own her own business, but she didn’t have a specific industry in mind. So, ...