by Ian Block | May 11, 2024 | Business Planning
Top 10 Franchise Fails of ALL TIME 1. Howard Johnson's This iconic chain failed to adapt to evolving consumer tastes and increased competition. Lesson: Regularly update and refresh your brand and offerings to stay relevant and competitive. 2. 7-Eleven Expansion led to...
by Ian Block | Apr 1, 2024 | Business Planning
Franchise vs. Startup So, what the heck is a franchise… A franchise is an authorization for an individual or group to sell a company’s products and services under its name. Unless given a formal franchise agreement, the individual wouldn’t be allowed...
by Ian Block | Mar 25, 2024 | Business Planning, Residential Cleaning
The Top 5 Home Cleaning Service Franchises Home service franchises are excellent options for a low-investment. But are they that great of an investment? We’ll give you an answer now… You’ll need approximately $120K to invest, and by year three, 80%...