The franchise industry is returning to pre-pandemic levels. As the industry continues to boom past even the projections, service-based franchises as well as QSR (Quick Service Restaurant) concepts are leading the way. As inflation and other factors create headwinds for businesses across the United States and even globally, the franchise model with its bulk buying power and cooperative growth style …
The Private Equity, Venture Capital, SBA and Non-SBA Lending Hoops & Hurdles
Article by: Lynne D. SheltonThe landscape of financing options and the alternatives to what once was the standard operating procedure is continuing to grow. The Small Business Administration (“SBA”) was for many years the typical way that a franchisee would buy into a franchise system. You would have one owner or maybe a couple of partnership buying the franchise from the franchisor. The Franchisor …
The Children Services Industry: Stepping In And Leading!
Article by: Lynne D. SheltonThe Children Services Industry is certainly on fire and has been booming since 2018. The segment includes different business types such as music and voice services, tutoring, private sports and games lessons and everything in between. The children service industry is currently valued at $506 billion and is expected to see an overall growth of 53% by 2024. So why …
The Senior Care Industry – Helping Our Seniors and Gen Xers Alike!
Article by: Lynne D. SheltonOpening a senior care franchise can be a rewarding and potentially lucrative business venture. Gen X’ers find themselves at the point in their life to be tasked in finding a safe and affordable home for their parents that will give them the medical support they need. Many of them appear to be combining this need with their desire to become …
Franchising isn’t for sissy’s
Article by: Candra Jackson & Lynne D. Shelton
Loading... Taking too long? Reload document | Open in new tab
Fast-Casual has become Fast-Transition
Article by: Lynne D. Shelton & Madeline JonesAs our society transitions out of pandemic times, it seems some of our old habits are here to stay. While in person shopping and dining used to be the only options, delivery and curbside pickup options are remaining highly desirable to consumers even as government regulations lift. This trend is unlikely to change based on current market projections. The general …
Quick Serve Restaurant Doesn’t Always Mean Quick Profits
Article by: Lynne D. SheltonIt is not surprising that when most people think of franchising that they immediately jump to thoughts of McDonalds, Burger King and Subway. These quick service restaurant, or QSR style franchises have a big footprint in not only the restaurant market, but the franchise market as a whole. Although the QSR industry is slated to rake in over $226 billion …
Feeling Stimulated?
Article by: Christina McAmisFor many Americans, the latest round of stimulus checks gives a spot of color on a bleak landscape. For some, however, the stimulus has been, dare I say, more stimulating. If you are one of the fortunate Americans looking for a way to use your stimulus to both stimulate the economy and to stimulate your future; I propose investing in …
Off the beaten path – Pet Franchises
Article by: Christina McAmisAs we enter this new phase of normal, all portents point to a boom in the retail industry over the next year, and by many predictions beyond. COVID has led many of us to alter our “normal” and caused every single one of us to make changes to our daily lives. Whether those changes are small, like carrying hand sanitizer, …
The Journey to Franchise Ownership through Due Diligence, Part II
Article by: Lynne D. SheltonIn last month’s article, I discussed the basic terms and definitions associated with franchising, the influence franchising has in the U.S. economy, and how to perform a cost/ benefit analysis of a franchise purchase. This month’s article of our 3-part series will talk about analyzing yourself and how to evaluate the franchise after narrowing your search. When you are looking …