Posts from December, 2020

In the United States today, one out of every seven franchises is owned by a military veteran. This may not come as a surprise to many, but veterans make highly successful franchisees. This is in large part due to the amount of training and experience they have from serving. These unique growth opportunities have prepared them for this type of business venture. The following are several more ways that military experience can help someone succeed as a franchisee.

Any franchise agreement will include lengthy amounts of paperwork. One of the types of documents that is the most important is the franchise disclosure document or FDD. Understanding the importance of this document is an essential part of starting a franchise.

Franchise opportunities exist in every major industry, from sports to food services. Entrepreneurs can connect their business with an established brand presence and potentially reduce some startup costs. The franchisor remains a controlling owner to some degree, and the relationship between franchisee and franchisor must be built on trust and confidence.

Franchise opportunities exist in every major industry, from sports to food services. Entrepreneurs can connect their business with an established brand presence and potentially reduce some startup costs. The franchisor remains a controlling owner to some degree, and the relationship between franchisee and franchisor must be built on trust and confidence.