29th July, 2021-
5 minutes to read
Franchising Fundamentals – Basic Principles to Know
Before entering the world of franchising, it is important to understand what the fundamentals of franchising are. Table of contents: What is franchising? What is a franchising business? Who is the franchisor and franchisee? What are the benefits and drawbacks of franchising? What are the 4 Rs of franchising? What is franchising? Franchising, a term … Continued
- 28th July, 2021
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6 minutes to read
Key Things to Know About How to Write Your Franchise Manual
Franchising is proven to be one of the safer and more lucrative business models when compared to other SMBs, which are started out by individual business owners as startups. It’s no wonder then that franchise operation manuals are guarded so well by franchisors. They’re literally worth gold. Franchise manuals often contain the secrets of a … Continued
- 28th July, 2021
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6 minutes to read
Offline Marketing Channels Your Franchise Might Be Missing Out On
If you’re reading this, there’s a very high likelihood that you’re doing so online. After all, the internet has become such an important part of our lives that it might be hard to think of any marketing situations which can take place in the offline space. However, if you’re thinking this, then you’re missing out … Continued
- 27th July, 2021
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5 minutes to read
Franchise Marketing Plan | Important Things to Consider
A focused, well-structured franchise marketing plan can significantly save time and money. A franchise marketing plan tailored towards maximising the potential in each sector of your business is key. It sounds easy but it is challenging when it comes to executing an effective marketing plan template. Table of contents: How to Write a Marketing Plan … Continued
- 27th July, 2021
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5 minutes to read
22 Unmissable Places Where You Must Advertise Your Franchise
The underlying question is where to advertise your franchise. There are both online and offline platforms proven to be effective when used correctly for franchise marketing strategies to promote your franchise. Read further to find out which platforms they are. Online platforms The importance of digital marketing strategies for franchise businesses cannot be underestimated. You … Continued
- 27th July, 2021
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5 minutes to read
Should You Use a Franchise Consultant
An Introduction to Franchise Consulting Services It doesn’t matter whether you’re a new or established franchisor or even a prospective franchisee – you can make use of professional franchise consulting services. But what does a franchise consultant do? Table of contents: How You’ll Benefit If You’re a Franchisor How You’ll Benefit If You’re a Franchisee … Continued
- 27th July, 2021
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4 minutes to read
Franchise Vs. Startup – Learn Which One’s Best for You
Is a franchise a good way to start your business? This is a question that many aspiring entrepreneurs ask. Thankfully, we’ve got the answers for you right here. Keep reading to discover the benefits and drawbacks of both franchises and independent startups. Table of contents: Buying a Franchise Vs. Starting a Business Pros and Cons … Continued
- 27th July, 2021
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5 minutes to read
Learn How to Get Funding to Open a Franchise
Franchise ownership is possible with a little strategy and the right mix of funds. Potential franchisees who lack capital shouldn’t let the high cost of ownership discourage them from investing in a franchise. Read on to find out how to get funding for your franchise. Table of contents: Why You Need Franchise Funding Obtaining Financing … Continued
- 27th July, 2021
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3 minutes to read
Franchising – Main Terms You Must Know
Confused by the very specific terminology that’s used with regard to franchising? Don’t worry, we’re here to help you! Below, you’ll find the answers to frequently asked questions such as “what does franchising mean?”, and so many others.
