What are today’s franchise buyers looking for? If current workplace trends are any indication, entrepreneurial individuals from all backgrounds desire the benefits of being a franchisee, including financial freedom and flexibility. Franchising has shown resilience and is a leader in U.S. economic growth. The International Franchise Association (IFA) predicts that franchising will grow by 1.9% to 805,000 units in …
Krispy Kreme is a globally recognized brand known for its delicious, hot, and fresh doughnuts, especially the iconic Original Glazed® doughnut. Founded in 1937 in Winston-Salem, North Carolina, Krispy Kreme has grown into an international sensation, with over 1,400 locations in more than 30 countries. The brand is celebrated for its commitment to quality, innovation, …
The purchase of a franchise – any franchise presents itself with both advantages and disadvantages. Many of these so called “advantages” and “disadvantages” are similar between different types of franchises. However‚ when dealing with the purchase of a “restaurant” franchise‚ prospective franchisees must be aware of unique factors particular to the restaurant industry. Some factors that prospective …
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For new and emerging franchisors, avoiding legal mistakes and protecting your brand from potential lawsuits during the franchising process is critical – especially when you’re exclusively working with certain franchise consultants/developers and not with a franchise lawyer. Although there are plenty of reputable franchise developers to work with, it’s important to remember that not all …
Read more “Top 5 Legal Mistakes Developer Make When Franchising a Business”
Are you searching for the best ways to finance your franchise? If so, you’re not alone. Here at Star Brands Consulting, some of the most common questions we receive from potential franchisees are about their financing options. In this article, we’ll look at eight of the best ways to finance your franchise and how to …