Franchises

Introduction to Franchising

• What is Franchising?

  Franchising helps large companies enter new markets or expand in existing ones. Read on to learn how entrepreneurs can benefit from franchising opportunities.

• Benefits of Franchising

  Franchising is an excellent way to start as an entrepreneur. Read on to discover the advantages of being a franchisee and types of franchises for investing.

• Advantages and Disadvantages of Buying a Franchise

  For entrepreneurs, franchising has many advantages and disadvantages worth considering. Read on to learn what some of the risks and rewards of franchising are.

• Buying a Franchise vs. an Independent Business—What to Consider

  Franchise or independent business, what should you choose? Understanding the pros and cons of each business model will help you make the right choice.

• Should You Sell Your Business or Franchise It?

  Discover whether selling your business or franchising it is the right move. Compare the benefits and challenges of business exit versus franchise expansion.

• Franchise or Business Opportunity: What is the Difference?

  Learn about the differences between a franchise and a business opportunity so you can decide which is a better fit for you.

• Types of Franchises: The 5 Different Types of Franchises

  Our guide to the five different types of franchises can help you discover the right franchise type for your entrepreneurial path.

• Understanding Different Types of Franchise Ownership Models

  Navigate the franchise landscape with our breakdown of different types of franchise ownership. Discover which franchise ownership structure fits your entrepreneurial spirit and financial readiness.

• Franchising Across Industries: Finding Your Perfect Sector

  Explore franchise opportunities in different industries. Compare investment, operational needs, and profit potential to find the right franchise for your goals.

• A Guide to Understanding Multi Unit Franchises

  Learn about multi unit franchises: what they are, who can buy them, the buying process, and how they differ from other franchise opportunities.

• What Is MUMBO in Franchising? Build Your Franchise Portfolio with Multiple Brands

  Discover what a MUMBO means in franchising – multi-unit multi-brand owners who diversify their franchise portfolio across different brands for growth opportunities and revenue streams.

• Franchise Associations: Their Role, Benefits, and Impact on the Industry

  Franchise associations: Industry organizations that connect franchisors and franchisees through advocacy, networking, resources, and support to help franchise businesses thrive.

How To Buy a Franchise

• How to Buy a Franchise

  Entrepreneurs looking to franchise can benefit from an established brand and proven business model. Our guide on how to buy a franchise shares best practices for prospective franchisees.

• How Much Does a Franchise Cost and How Can You Buy One?

  Learn how much a franchise costs and the steps you need to take to buy a franchise. Discover what it takes to qualify to buy some of the biggest franchises.

• How to Research Franchise Opportunities

  When researching franchise ownership, dive into discovery, talk to existing franchise owners, and consider engaging an advisor.

• Franchise Culture: The Importance in Finding the Right Fit

  Discover why franchise culture fit is important to match your business goals. Evaluate franchise culture and get interview tips for past and current franchisees.

• Franchise Brand Recognition: A Key Driver of Success for New Franchisees

  Brand recognition in franchising delivers market presence, customer trust, and competitive edge. Learn why a recognized franchise brand can accelerate your business success.

• Franchise Real Estate Strategies: Selecting a Location

  Learn location strategies to pick the best site for your franchise. This guide covers market analysis, lease negotiation tactics, location-based success tips.

• How to Value a Franchise Business

  Learn how to value a franchise business: the different approaches to valuation and the special considerations that impact the worth of a franchise business.

• Choosing The Most Profitable Franchise

  Selecting the right franchise is a vital professional and personal decision. This article explores some of the most profitable franchises that you can consider.

• Franchise Financing Options: Your Choices for Franchise Entrepreneurship

  There are many ways to finance a franchise ownership. Discover available options and unique considerations for prospective franchisees.

• How to Evaluate a Franchisor's Financial Health

  Learn how to evaluate a franchisor's financial health using the FDD, franchise agreement, and financial statements.

• Can You Buy An Existing Franchise and Should You?

  Are you confused about whether or not you should buy an existing franchise? Here’s everything you should know about buying an existing franchise.

• Due Diligence When Buying a Franchise

  Learn how to conduct due diligence to ensure a successful franchise investment. The questions and issues to consider when buying a franchise.

How To Sell a Franchise

• How To Sell a Franchise Business

  The BizBuySell guide to best practices for how to sell a franchise business.

• How to Find Franchise Buyers

  Discover how to attract and qualify potential franchise buyers: from franchisors and fellow franchisees to competitors, employees, and family members.

• The Advantages of Franchise Resales: An Opportunity for Entrepreneurs

  Franchise resales occur when an existing franchise business is put up for sale by its current owner and a unique prospect for entrepreneurs.

• Exit Strategies for Franchises

  Franchisees have unique considerations when preparing a franchise for sale. To create an exit strategy: get finances in order, value your business, and prepare it for sale.

• Can You Sell a Franchise Back to the Franchisor?

  Prepare yourself with the essential knowledge required to evaluate the possibility of selling a franchise back to the franchisor. Understanding alternative strategies for ending a franchise agreement or selling your franchise.

Franchise Documentation

• Franchise Agreements: Your Guide to a Successful Franchise Business

  Our guide covers everything you need to know about franchise agreements, and how they govern the relationship between a franchisor and franchisee.

• How to Negotiate Franchise Agreements: What's Negotiable and What's Not

  The dos and don'ts of franchise agreement negotiations: Learn which aspects may be negotiable and discover effective strategies to get better terms.

• What Is a Franchise Disclosure Document (FDD)?

  A Franchise Disclosure Document (FDD) is a crucial document for prospective franchisees. This guide breaks down what an FDD is, what it contains, and why it’s important.

• What To Look for in a Franchise Disclosure Document (FDD)

  A Franchise Disclosure Document (FDD) is an important document for prospective franchisees. This guide breaks down what prospective franchisees should look for in an FDD.

• Item 7 in the FDD: Breaking Down the Costs Needed to Buy a Franchise

  Item 7 in the Franchise Disclosure Document outlines the costs of starting or buying a franchise. Learn what to look for when considering franchise entrepreneurship.

• FDD Item 9: Understanding Franchisee Obligations in the Franchise Disclosure Document

  Explore franchisee obligations in Item 9 of the FDD. Learn about key requirements and responsibilities for operating a franchise business.

• FDD Item 10: Franchise Financing

  Discover everything you need to know about Item 10 in the FDD, including detailed insights on franchise financing.

• Item 11 in the FDD: What Are the Franchisor Obligations?

  Item 11 in the Franchise Disclosure Document details the franchisor obligations—from real estate assistance and site selection to training employees.

• FDD Item 12: Understanding Territory and Location Assignment in the Franchise Disclosure Document

  FDD Item 12: This part of the Franchise Disclosure Document discloses to franchisees how territory is determined, protected, and awarded.

• FDD Item 17: Understanding Renewal, Transfer, Termination, and Dispute Resolution in the Franchise Disclosure Document

  Learn about Item 17 of the Franchise Disclosure Document (FDD) and how the renewal, termination, transfer, and dispute resolution clause will impact how you grow and exit your franchise.

• FDD Item 19: Understanding the Financial Performance Representations in the Franchise Disclosure Document

  A deep dive into Item 19 of the FDD: Uncover key insights into financial performance representations for informed franchise investment decisions.

• FDD Item 20: Understanding Outlets and Franchise Information in the Franchise Disclosure Document

  Breaking down the FDD: Item 20. This guide walks prospective franchisees through the requirements and disclosures of outlet information franchisors provide and best practices for evaluating the success of a franchise.

• Understanding Item 21 of the Franchise Disclosure Document: Financial Statements

  Learn about Item 21 of the Franchise Disclosure Document (FDD) and understand the financial statements included. Get tips on evaluating franchise financials to make informed investment decisions.

Financial Considerations

• What Is a Franchise Fee?

  Understanding the concept of a franchise fees. How the fees work, what they include, and what to consider when evaluating franchise opportunities.

• What Is Liquid Capital for Franchises?

  Explore the concept of liquid capital. Learn how it’s essential for franchise ownership, and how to calculate and manage it effectively.

• Franchise Net Worth Requirements

  Learn why minimum net worth is factored into a franchise agreement, and find out how to calculate and effectively manage it.

• What Is a Franchise Royalty Fee?

  Opening a franchise is a great opportunity, but it comes with costs. BizBuySell reviews the royalty fees incurred in a franchise partnership.

• Advertising Fees for Franchises

  When investing in a franchise, give close attention to Item 6 of the FDD, which outlines the ongoing advertising and marketing fees during the franchise agreement.

Franchise Operations

• Franchise Training and Support: What Can Franchisees Expect?

  When acquiring a franchise, what types of support and training can prospective franchisees expect? From comprehensive training programs to ongoing support.

• Choosing a Business Structure for Your Franchise

  Choosing the right business entity for your franchise is important. Learn your options and factors to consider when embarking on franchise entrepreneurship.

• Creating a Franchise Business Plan

  A franchise business plan will help you secure funding and grab the attention of the franchisor to solidify your agreement. Read on to learn how to create one.

Engaging Professionals

• What Is a Franchise Broker?

  Franchise broker act as intermediaries to help franchise brands find potential franchisees to expand and grow their business.

• What is a Franchise Consultant? Understanding Their Role and Expertise

  Discover the role and expertise of a franchise consultant. Learn how they assist franchisees in starting or buying a franchise.

• Franchise Resales: Collaborating with Co-Brokers to Sell The Little Gym Franchises

  If you're looking to explore franchising, a franchise or business broker can help you identify new or existing opportunities for entrepreneurship.

More on Franchising

• Best Franchises to Own

  BizBuySell takes a look at franchise growth and continuity rates to find the brands that consistently succeed for their franchisees.

• Jack in the Box Looks To Ramp Up Development of New Locations

  Chain May Face Closings in St. Louis, While Denver Appears Ripe for Growth

• Saladworks' Parent Buys Garbanzo Mediterranean, Frutta Bowls Restaurant Chains

  Centre Lane Partners Forms Holding Company for Its Three Brands

• Largest US Five Guys Franchisee Looks for New Deals, Expands Texas Holdings

  Encore Restaurants to Build Portfolio During Pandemic as Some Restaurateurs Struggle

• California Pizza Kitchen Gets Court Approval to Exit Bankruptcy

  Struggling Dining Chain’s Reorganization Includes Debt Restructuring, New Financing

• Chuck E Cheese Owner Is Latest Major Retailer Allowed to Suspend Rent in Chapter 11

  Negotiations Underway With More Than $20 Million Already Owed to Property Owners

• Whataburger's Expansion Plans Could Be Safe Haven for Net Lease Investors During Pandemic

  Texas Chain, Whataburger, Looks to Expand to New States

• Taking the Leap: National Trampoline Park Business to Quadruple Locations

  Big Air Trampoline Park Part of Growing Field of Experiential Retail Tenants

• Century-Old Root Beer Franchise Grows as Standalone Concept

  A&W Plans More Stores as Sales Improve for Chain Started as a Roadside Stand

• Fried Chicken Between Two Waffles? Sandwich Chain Adds Stores Nationwide to Its Growth Recipe

  Southern California's Bruxie Signs Franchise Deals for Locations in Four States

• Alaska's First Sonic Drive-In Scores Fast Windfall

  Parent Company Rolls Out $875 Million Debt Offering Backed by Almost 3,600 Restaurants

• Hotel Group's $33 Million Loan Reflects Demand Near Disneyland in Irvine, California

  Attractions Boost Business Near Orange County's John Wayne Airport

• Arkansas Chicken Chain Feeding on Additional UK Locations

  Slim Chickens and Franchise Partners Expanding to Bristol

• Partnership Buys W Hotel in Dallas, Keeps Marriott in 20-Year Deal

  Upgrades in the Works As W Hotel Brands Across the Country Are Renovated

• Children's Place to Revive Gymboree With 200 In-Store Shops

  Plans for Former Rival Acquired This Year Also Include an Enhanced Website

• Choice Hotels Expands Cambria Brand to Washington, DC's Capitol Riverfront

  Company Breaks Ground on Nine-Story Hotel Between Nationals Park and Audi Field

• Growing Western US Coffee Chain Brews Up Texas Expansion

  Black Rock Coffee is opening three new locations soon in the Austin area and plans to grow its Texas footprint soon.

• Huddle House Seeks to Grow by Turning Around a Struggling Family Dining Chain

  Company Wins Bid to Buy Perkins, a Chain That Filed for Bankruptcy Protection Last Month

• Franchise Firm Seeks High-Impact Growth Through Low-Impact Fitness Chain

  Self Esteem Brands Buys a Ballet Barre Fitness Concept to Increase Footprint

• Jamba Drops 'Juice' From Name But Not Its Plans to Grow

  Jamba Juice Franchise Chain Plans to Co-Brand Locations with Auntie Anne's

• Electronics Repair Franchise Gets a Boost After Purchase by Major Insurer

  Asurion Buys Fast-Growing uBreakiFix to Broaden Reach for Both

• Pan-Asian Chain Taps Texas As First Stop on National Expansion

  Tin Drum Signs Deal for Five Houston Locations

• This Coffee Chain Adds New Locations One at a Time

  Aroma Joe’s Takes a Decidedly Deliberate Approach to Franchising

• Once a Novelty, Cold Therapy May Be the Next Health and Wellness Real Estate Trend

  Boutiques Have Started to Spread Through Franchising

• Pure Barre’s Sister Brand YogaSix Has More Than 250 Deals Signed

  Yoga Franchise With Strong Financial Backing Stretches to More Cities