Which Industries Are Most Likely to Franchise?
In the UK, the franchise industry is extensive and it’s expected to see continued growth over the coming years. The same is true for the US. If you currently run a business and want to know what are the most popular franchise industries or you’re a prospective franchisee doing homework and due diligence, you’ve come … Continued
Franchise Fame Celebrates Prestigious Win at the Franchise Awards 2024 by Business Awards UK
Franchise Fame, a leading marketing agency specialising in franchise growth and development, proudly announces its recognition as a winner at the Franchise Awards 2024, presented by Business Awards UK. This esteemed accolade highlights Franchise Fame’s exceptional contributions to the franchise industry, reaffirming its status as a trusted partner for franchisors and franchisees across the UK. … Continued
13 Interesting Facts About the Franchise Industry in the US
Have you ever wondered about the history of franchising? Or what about what impact it has on the economy? This business model has been around for quite some time and is gaining enormous traction. However, there are some interesting and little-known franchise facts that you may not know about.In this article, we explore 13 fascinating … Continued
Franchise Disclosure Document – All 23 Items Explained
Prospective franchisees interested in investing in a franchise are encouraged to do their due diligence before signing on the dotted line or paying the franchise fee. And one of the best starting points is by reading the specific franchisor’s franchise disclosure document (FDD). Suppose the concept is new to you and you are wondering what … Continued
Marketing Strategies for Travel Franchisees
There’s been a healthy uptick in the number of global travelers around the world recently, meaning that travel franchises are well-positioned to take advantage of this opportunity. But with most people doing searches for their next trip online, you’re faced with a lot of competition in terms of ranking on Google and beating the competition. … Continued
Spotting Red Flags in a Franchise Disclosure Document (FDD)
If you’re considering franchising and you’ve taken the time to pinpoint your ideal franchise opportunity, receiving the franchise disclosure document (FDD) is the next step in your journey. This is a legally mandated document (although it does not impose legal obligations) that every prospective franchisee must receive before signing the franchise agreement. While it may … Continued
Understanding the Role of a Franchise Consultant vs. Franchise Broker
Choosing the route to franchise ownership can be both an exciting and challenging experience for many aspiring business owners. If you are someone who has just embarked on the process of understanding the industry better, you will quickly learn that there are many different terms used in the industry, which may be confusing. Two of … Continued
Brand Compliance and Strategies for Implementing It Across All Creative Processes
The very nature of franchise marketing is that it involves numerous simultaneously moving parts. Whether it’s social media or pay-per-click (PPC) ads, blog posts, your website’s design, or even your franchisees and their employees’ uniforms or the stationery used for formal communication, one thing is clear: brand compliance is a must. Since a franchisor has … Continued
Navigating Franchisor Financials: What Every Prospective Franchisee Must Know About Item 21
Every prospective franchisee who expresses interest in a franchise opportunity should be given access to the Franchise Disclosure Document (FDD) within a certain period of time before signing an agreement to join the franchise network. Whether you’re financially savvy or not, one of the most important items in the FDD is item 21. If this … Continued