A typical barber franchise investment will range from $180,000 to over $250,000. (exclusive of taxes). Experience as a barber is not listed as necessary for a typical barber franchise investment. Your most significant attributes will be your communication and management skills. Why the variation? Great question. Every location is unique. Different locations will demand varying Continue Reading…
Author: Andrew Hoffman
Best Passive Ownership Franchises
Before we get into the best passive ownership franchises – consider this. There’s a common analogy about nurturing your business as you would a plant. A business investment needs the same level of care and commitment. With that being said, you can still find success in a passive ownership model – passive is not the Continue Reading…
EGGLESS CAKE SHOP FRANCHISE
If you are looking for a tasty opportunity in the bakery industry, the Eggless Cake Shop Franchise is a bakery business with a difference. NICHE MARKETING – MASS APPEAL With that in mind, better-tasting products with better designed outlets, better branding and a better business proposition offer a much better future than the competition. As Continue Reading…
Understanding the Wide World of Franchises
Understanding the wide world of franchises will help you find the right opportunity. Above all, My Franchise Partners, is all about selling GOOD franchises. As a result, our team connects buyers like you with franchises that resonate with your goals. Remember, a franchise broker isn’t just a guide, we’re a crucial link between you and Continue Reading…
Continuous Improvement Builds Success
Kaizen is a Japanese philosophy meaning continuous improvement builds success. The term Kaizen originated in the manufacturing sector, and basically speaks to the process of making continuous small improvements toward your goals, rather than going after larger steps. At first, I suggest focusing on the following, to start your journey of continuous improvement: Select one important Continue Reading…
Key Considerations for Future Franchisees
These top three key considerations for future franchisees should be on your checklist. Like any significant project, the journey into franchising requires research and preparation. 1. Self-evaluation: Are you ready for the challenges of business ownership? Owning a business demands resilience, dedication, a risk-taking mentality, and the relentless pursuit of growth. This is the time to Continue Reading…
Choosing the Best Franchise Location
Choosing the Best Franchise Location There are a few obvious questions to consider when choosing the best franchise location: How much are you willing to spend on rent? How much space do you need? What’s the best neighborhood for your target customer base? But beyond these basic queries, there are additional questions that are equally Continue Reading…
Recruiting for Franchises – Krista Wright Recruiting Expert
In this video, we discuss recruiting for franchisees and franchisors. (Andrew) Good morning! Andrew, here again from My Franchise Partners, and I’m joined today by Krista Wright of Recruiting Concepts in Burlington, Ontario. We’re going to talk about recruiting issues, in business in general and with franchises in particular. We will look at some of Continue Reading…
Digital Marketing For Franchises – Marketing Expert Ken Wells
In this video, we discuss franchise marketing for franchisees and franchisors. Good morning everybody, it’s Andrew Hoffman of My Franchise Partners sitting here this morning with my good friend and colleague Ken Wells of The Leads Hub. The Leads Hub is a full-service digital marketing company who works closely with franchises, franchisors, franchisees, as well Continue Reading…
What Makes a Franchise Attractive
Let’s think about what makes the Chick-fil-a franchise so attractive, and why so many want to buy the brand’s franchise… Not to state the obvious, but the food is really good. The customer experience is unmatched to all other competitors in fast food. Consistency is common in every location – food quality, service speed, and Continue Reading…