New Post From The Franchise King® How important are business plans for a franchise business? (Note: This article is appearing here courtesy of Terkel.) To help you best appreciate the importance of a business plan in franchising, we asked CEOs and...
New Post From The Franchise King® Please Share This Article! I’m not going to leave you hanging. The most important thing about a franchise opportunity is the product. Period. Let me give you a real-life example. A Great Pizza Pie Recently, a new p...
New Post From The Franchise King® Please Share This Article! What are franchise experts? I’m being serious here. Better yet, how do you know someone is a franchise expert? Hold on. Maybe a better question to ask is this: How can you know if someone i...
New Post From The Franchise King® This franchise news update includes news about Chicago’s Rainbow Cone, The Inflation Reduction Act, and more. News About Chicago’s Rainbow Cone In a partnership with the family that owns the Buona Beef chain, Rainbow...
New Post From The Franchise King® One of the most important things you need to do (as a franchisor), is build a powerful online presence for your franchise brand. Why? Because it’s no secret that consumers are spending more and more time online, and...
New Post From The Franchise King® Do you know how important franchise rules are? I hope so. Because your knowledge and acceptance of them will help you a lot. I’ll explain. The Reason For Franchise Rules Why is the franchise model based on rules? B...
New Post From The Franchise King® I’ve been telling aspiring franchise owners (as part of their research) to call 10-15 existing franchisees for 21 years. There’s a reason for it. It’s because talking to lots of franchisees gives you access to the fa...
New Post From The Franchise King® What the heck is a reverse podcast interview on the franchise business? Wait. You don’t know? It’s when the person interviewed shouldn’t be the person interviewed. I’ll explain. Franchisee Interview Examples I love...
New Post From The Franchise King® Reading over a franchise contract for the first time tends to put everything into perspective. In a big way. That’s because doing so can serve as quite the reality check regarding what you may be about to embark on;...
New Post From The Franchise King® Tony Philiou has been a McDonald’s franchisee since 1978. And lucky for me, one of his franchise locations (Mayfield Heights, Ohio) sits a mere 1.75 miles from my Castle. Not only that, it’s consistently been one of...
