Owning your own business is a dream for millions of people. The process involves the accumulation of all the resources and legal documents. Therefore, owning and establishing your brand can be demanding and back-breaking. Amongst many options, starting a franchise is a great way to become an entrepreneur in any business. Franchising is a flexible business model. A franchise can …
The franchise industry has gone through rapid changes in the last few years. The ongoing pandemic has transformed how small businesses operate, with many adopting drastic measures to keep the lights on. And even as the world slowly limps back to normal, many are looking at restructuring their business model as a means to stay afloat. The pandemic has forced …
In the United States, it is hard to move down a few blocks without crossing a franchise like McDonald’s, Burger King, and Subway. However, franchises in the US are no longer limited to giant food chains. There were 773,603 franchises in the US in 2019, including real estate, florists, electricians, and other essential services. The idea of having an established …
