retail franchise consultant Archives - Page 6 of 9

25 Questions to ask a franchisor when evaluating a franchise opportunity

by Star Brands Consulting April 9, 2024April 9, 2024No Comments

Here’s what you should consider and expect during the franchise discovery process Before investing in a franchise, getting to know the franchisor and asking the right questions is a must. The franchisee-franchisor relationship is unique and each brand has its own process in educating you, the candidate, about their concept. Here, we give you a general idea …

What Franchise Buyers Look for in a Franchise

by Star Brands Consulting April 9, 2024April 9, 2024No Comments

Attracting the interest of franchise buyers and scaling your brand Key Takeaways When it comes to creating a legacy for your brand, franchising – with its immense potential for scaling – can be a life-changing endeavor for a successful entrepreneur. According to the International Franchise Association’s 2023 Franchising Economic Outlook report, franchising output increased to $825.4 …

Current Franchising Trends

by Star Brands Consulting April 9, 2024April 9, 2024No Comments

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 …

Read more “Current Franchising Trends”

Top 5 Legal Mistakes Developer Make When Franchising a Business

by Star Brands Consulting April 9, 2024April 9, 2024No Comments

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 …

How Much Does a Clothing Franchise Cost to Start?

by Star Brands Consulting April 1, 2024May 25, 2024No Comments

The initial startup expenses for a clothing store franchise typically range from $100,000 to $500,000. This amount covers items like the franchise fee, royalty fees, inventory, supplies, and store space—all the essentials to get your fashionable venture up and running! Whether you’re eyeing cozy boutiques brimming with personality or retail franchises you can run from home, keep …