Franchise and Small Business Startup News

Franchise News and Small Business News at FranchiseNews.com

Franchise and Small Business Startup News

F

Latest News

Know Your Prospects: What Millennials Bring To Franchising

K

We know Millennial generation is bigger than the Baby Boomer generation, and a huge economic force in its own right. And we know the 22- to 36-year-old group of Millennials  are responsible for 13 percent of franchise prospect inquiries, thanks to a study by the largest network of franchise portals in the U.S. But if you’re in franchise development, making a call to a younger prospect, what...

4 Tips to Improve Your Franchise Contact Rate

4

What’s smarter than a smartphone? Two smart phones – yours, and the one in the hands of the local entrepreneur who wants to know more about owning one of your franchises. In less than a decade, smart phones connected to the Internet have skyrocketed to become the No. 1 channel for potential investors to research business opportunities and contact franchise sales teams. In fact, the mobile...

Sales Advice For Emerging Franchisors

S

If you’re an emerging franchise, making the leap from an owned-and-operated business to the franching model, you’ve got a tough task. Your first few sales are based on the promise of your concept, not a track record in serving franchisees. Fortunately, many prospective franchisees are looking for ground-floor opportunity, and may be emotionally drawn to your brand story. But the sales...

Who Buys Franchises? Prospects Span All Generations

W

The next generation of business owners is likely to be younger than you might think. According to the largest study of prospect franchise buyers to date, more than half of those interested in buying a business are under the age of 50. Baby Boomers and older are still a force to be reckoned with, and 34% of franchise prospects are age 52 to 71. Generation X, from ages 37 to 51, led the pack with...

Top Franchise Lists Tell the Ever-Changing Story of American Business

T

Franchising tells the story of American business, an ever-changing kaleidoscope of brands both new and familiar, capturing the changing mood of consumers and small business investors alike. Entrepreneur magazine captures it all in its annual Franchise 500 list, which was published again this week. At the top of the list is McDonald’s and a dozen other familiar names that populate so many...

Inside the World of Private Equity Ownership of Franchisors

I

Individual franchise units are often owned by the local investors who run the business and reap the rewards of their efforts. But who owns the franchising system that local owners are licensing? Increasingly, private equity funds are investing in franchisors, drawn by the predictability of a proven business model, and the “skin in the game” model of local ownership. Forbes recently...

© Copyright 2019 Landmark Interactive - All Rights Reserved.

Get the latest franchise news delivered to your inbox!


Recent Posts

RSS The Franchise.com Blog

RSS FranchiseGator News

RSS Franchise Solutions

RSS Landmark Interactive Franchise Group

---->