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 ssllufte | Mar 27, 2024 | Business Planning
Let me guess–you want a franchise that requires the least amount of money, the least amount of time, and the highest ROI. Well… don’t we all? But businesses take work—a lot of work—especially at first. So, have you ever thought about how you should go about picking...
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%...