Tag : Franchise

A Few Broken Smartphones Lead to a Fix-It Franchise #cheap #business #ideas


#business ideas

#

A Few Broken Smartphones Lead to a Fix-It Franchise

iDropped retail stores fix broken smartphones and tablets for less than the cost of buying a new one. / Credit: Josiah Lewis

Charles Hibble never intended to make a career of repairing smartphones; he was just tired of replacing his wife s broken one.

She dropped her iPhone and smashed it two or three times, and anothertime, it slipped out of her hands into a hot tub, he said. Hibble, who runs a real estate company in Clarks Summit, Pennsylvania, was burning through upgrades. So he figured out how to fix damaged smartphones himself.

This started just to fix my wife s phone. Then word started to spread to friends and family members, Hibble said. It started to get so busy that we had to open a retail store. I had 50 or 60 people a month coming to me.

And so began Hibble s unlikely journey from real estate executive to franchise company CEO. He teamed up with a friend and business partner to open the first iDropped store in a mall inScranton, Pennsylvania,in 2011. The store was so popular thatthe team opened four more, all company-owned, and then sold its first franchise. Now, Hibble is focusing on franchising,with an aggressive plan to grow the business nationwide.

The demand has been overwhelming, said Hibble, who still serves as president of his real estate company, Weichert Realtors Hibble Associates. We re hoping to a have a few hundred locations in the next couple years.

Hibble may have fallen into this business, but he tapped an industry with high demand. A market research report by IBISWorld released in May said cellphone repair is now a $1.4 billion industry in the United States alone. The industry has grown about 5percent in each of the last five years, yet there are still no companies with a dominant market share. This large industry is made up mostly of sole proprietors and small businesses.

The cellphone repair industry has profoundly grown over the past five years due to several factors, including cheaper and more reliable mobile Internet and the exploding popularity of smartphones, which are more fragile and therefore more likely to need repairs, the report said. Smartphones also feature higher price tags, which have led consumers to repair [them] rather than replace them.

However, as smartphone replacement becomes less expensive and the market becomes more saturated, demand is expected to stall somewhat, the report said.

The cost of a repair at iDropped varies based on the type of phone and repair, Hibble said. Screen repairs, for example, cost an average of $99.99 for the iPhone 5 and $109.99 for the iPhone 5cand 5s. Hibble said prices are dropping almost monthly due to price decreases forparts. No appointment is needed for a repair, and work is guaranteed for one year.

Hibble s smartphone repair skills were completely self-taught. He had always been technically inclined, so he researched suppliers for Apple replacement parts and taught himself how to fix them. The company has since expanded to other types of cellphones, though it specializes in Apple products, including iPads, and the Samsung Galaxy series. Hibble has personally trained all of his 20 or so full-time employees toreplace screens, dock connectors, power buttons, volume buttons and batteries just about everything but the motherboard.

Hibble set out to make the stores lookappealing to smartphone customers. They are designed to be reminiscent of Apple stores, with clean layouts, bright lighting and no clutter.

iDropped has worked in the retail space, in partbecause malls nationwide are looking to fill vacancies, which has kept rental rates low. The U.S. mall vacancy rate reached a 12-year high of 9.4 percent in the third quarter of 2011, according to data from research firm ReisInc. It has fallen slowly since, but progress has stalled over the last year,with the vacancy rate remaining at 7.9 percent for four straight quarters.

To succeed in the future, Hibble said he knows the company will have to adapt to the times. New devices are being released every few months, and the company will have to keep up with the technology.

However, iDropped can already claim one success, aside from its rapid growth: curing Hibble s wife of her clumsy fingers.

Ever since I started this,she hasn t dropped her iPhone, he said.

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  • 2016 Top Franchises from Entrepreneur s Franchise 500 List #cheap #business #ideas


    #franchise opportunities

    #

    2016 Top Franchises from Entrepreneur s Franchise 500 List

    Understanding the Ranking

    There’s a lot that goes into putting together the first, best and most comprehensive franchise ranking in the world. Here’s a behind-the-scenes look at Entrepreneur’s 37th annual Franchise 500 .

    The process began in July 2015, when we asked franchisors to participate in our survey. Each submission was vetted before being entered for data analysis; 951 companies made the first cut. Of those, the top 500 became the Franchise 500 ranking, based on financial and statistical data from July 2013 through July 2015.

    Only franchise companies that supply a full Franchise Disclosure Document (FDD) or Canadian Disclosure Document and whose information is verified by Entrepreneur can receive a listing. To be eligible for the Franchise 500 , a franchisor must have a minimum of 10 units, with at least one franchise located in the U.S. The company must be seeking new franchisees in the U.S. and it cannot be in Chapter 11 at the time the ranking is compiled. (The exception to these rules is Canada-based companies that are expanding only in Canada.)

    All companies are judged by the same criteria: objective, quantifiable measures of a franchise operation. The most important factors include financial strength and stability, growth rate and size of the system. We also consider the number of years a company has been in business and the length of time it’s been franchising, startup costs, litigation, percentage of terminations and whether the company provides financing. Financial data is analyzed by an independent CPA.

    We do not measure subjective elements such as franchisee satisfaction or management style. The objective factors are plugged into our exclusive Franchise 500 formula, with each eligible company receiving a cumulative score.

    Remember that the Franchise 500 is not intended to endorse, advertise or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise. Read the FDD and related materials carefully, get help from a franchise attorney and a CPA in reviewing any legal or financial documents, and talk to as many existing and former franchisees as possible and visit their outlets. The best way to protect yourself is to do your homework.

    Research compiled by Tracy Stapp Herold and J.R. Jimenez with assistance from Hava Arieh, Rick Ignarra, Nicole Jurinek, Yvette Madrid, Jessica Nguyen and Giuseppe Ricapito; technical assistance from Angel Cool and Daniel Sibitzky; financial analysis by David R. Juedes, CPA; graphic design by Karen Meneghin.

    More Franchise Rankings

    100 franchises for under $60,000



    How to Finance a Franchise Purchase – Small Business #business #lending


    #how to finance a business

    #

    How to Finance a Franchise Purchase

    Tips

    • Be prepared to put down about 20% of the cash you will need from personal funds.
    • If conventional lenders turn you down, look into an SBA-backed loan.
    • Consider tax implications if you’re considering tapping a retirement plan.
    • Related How-Tos

      Feedback

      Commercial banks fund many franchises, so look to these lenders first. The single most important issue in landing bank financing is your credit rating. You will need to present a complete loan package including a personal financial statement, copies of personal tax returns for three years, and verification of the source of your down payment.

      Bankers favor businesses with brand names and long track records of consistent cash flow, so your choice of a franchise system can help or hurt you. Ventures with few locations are less attractive, in part because they lack proof that they can do well in all types of areas or economic climates.

      Bank loans unsecured by collateral are relatively rare, even for those with good credit. In addition to securing a loan with a mortgage on your home or other asset, be ready to be asked to put your own money into the deal, typically about 20% of the amount needed. Even with healthy businesses and solid collateral, most bank loans to new franchisees occur when a borrower has established relationships with a banker, or has previous experience, or is a figure in the community. If that’s not you, consider a loan backed by the U.S. Small Business Administration (SBA).

      SBA loans are partially guaranteed by the government, making them less risky. The standard SBA loan for franchisees is known as the 7(a), which is issued by a bank or other qualified lender, and partly guaranteed against default by the government. Because of that backing, such loans are seen as relatively low-risk.

      SBA loans of five- to six-year maturities can provide short-term working capital and equipment. Real-estate loans can run for 20 years or more. About 10% of all SBA loans go to franchisees, with the size running between $250,000 and $500,000, and maximum of $2 million. Most of that money is for franchise entry fees, improvements or working capital. Borrowers must be creditworthy, typically must contribute some equity, and are expected to repay the SBA loan out of the franchise s cash flow.

      Many SBA loans carry fluctuating interest rates. While the actual rate is negotiated between the bank and the borrower, it s subject to SBA maximums, which are tied to the prime rate. While a low rate may be attractive initially, make sure you can generate enough business to cover the payments if the rate rises.

      Another government lending program involves the Department of Veterans Affairs. The program, called Patriot Express because of its relatively fast approval time, makes loans up to $500,000 to active-duty military preparing to transition to civilian life, as well as to spouses and survivors of veterans. The loans come with the SBA s lowest rates.

      A few franchisers offer internal financing. For example, a company may defer a portion of the initial franchisee fee, essentially financing the deal. Interest rates are likely to seem high compared to other options. However, you may not have to put up collateral.

      Sometimes it makes sense to tap 401(k), Individual Retirement Account or other retirement funds rather than seek a loan. But rather than just taking an early withdrawal, which may be subject to taxation, you may want to consider setting up a C corporation that will own and operate the business. Then roll over money from your self-directed retirement account into that corporation s profit-sharing plan and direct that those funds be invested into the franchised business. But this is a risky option: If the franchise fails, your retirement fund can be wiped out. Check with a professional on possible tax implications, and consider the tradeoffs carefully.

      Related WSJ Articles and Blog Posts:

      Online Tools:

      • Franchise Opportunities Directory — A database of more than 1,200 franchise systems, searchable by industry, keyword, start-up cash, investment and other criteria, from the International Franchise Association.
      • The Franchise Registry — A searchable database of franchises whose Small Business Administration (SBA) loan applications receive a streamlined review, from franchise information and analysis provider FRANData and the SBA.
      • VetFran Directory, from the International Franchising Association — A list of more than 250 franchise companies offering financial incentives to veterans who have been honorably discharged.

    Additional Resources:

    • Finance Start-Up Guide — A list of links to information about small-business funding, from the Small Business Administration (SBA).
    • SBA’s 7(a) Loan Program Overview — An introduction to the most-used type of loan of the SBA’s business-loan programs.


    How To Build A Thriving Franchise #bank #business #loans


    #best business to start

    #

    How To Build A Thriving Franchise

    Three years ago, when the Great Recession dug its teeth in, we had 24 Applebee’s locations in our franchise group. Today we have 34 stores in the New York metropolitan area–including one in Times Square–and our momentum hasn’t slowed.

    Those are big numbers in any economy, let alone the one we’ve had since 2008. So how did we do it? Here are seven specific tactics:

    Hire With Precision–and Art

    Our people have to know the menu and be able to deliver dependable, friendly service–no exceptions. We also try to suss out the likelihood that our people will be a good fit in our overall organization. It’s academic how competent people are if they can’t get along with their peers, direct reports or supervisors.

    R sum s are standard, but given the cottage industry of professional r sum writers, that document has become less reliable. Interviews are more critical. Some tell-tale questions: What makes you very angry? What are your hobbies? What is your worst attribute? The answers give us a window into who the person really is as opposed to who they think we want them to be.

    In Pictures: Top 20 Franchises To Start For The Money

    Management-level candidates must survive an extra level of scrutiny. Batrus Hollweg, an international testing organization, offers ways to measure aptitude and to model potential success in our specific environment. The extra testing expense–about $175 per head–is well worth the investment.

    Make the Most of Your Marketing Budget

    A franchisee generally does not have a voice in how its marketing dollars are allocated by the parent franchiser. That’s why franchisees need to take an active roll in the process. One way: Participate in franchise councils. We campaigned for and now hold seats on three of them, including Franchise Business, Franchise Kitchen and Franchise Marketing Councils.

    Another strategy: Team up with vendors–and I mean all of them, from food suppliers to security firms–to come up with joint marketing campaigns. This cross-promotional strategy goes for other, more unrelated businesses too. In our case we have had great success partnering with local attractions such as the Bronx Zoo, which offered free or discounted kids’ tickets to the zoo with purchase of a kids’ meal.

    Splurge to Save

    Capital expenditures are always painful, especially when the returns on those investments don’t come for months or years. But there are ways to save a lot of money later by spending a little now–and even green up your operation in the process. Three examples from our operation:

    Waterless urinals: These cut our water bills by saving us 40,000 gallons of water per year.

    LED lights: Replacing all recessed and track lighting fixtures with LED reduced our restaurant’s KWHs by 88%.

    On-demand (tankless) hot water heaters: They’re 84% more energy efficient.

    In Pictures: 20 Ways To Go Green And Stay In The Black

    Be Willing to Try New Products

    There are three ways to learn: introspection, copying/mimicking and good old-fashioned trial and error. We didn’t serve breakfast for years–it wasn’t part of our corporate mix or core business–but given high rents in Manhattan, we needed to revisit our model and squeeze the most out of the box on which we pay rent 24/7. To retool for the breakfast crowd, we had to tweak our service cues, work out staff scheduling and refine the menu offerings. It took a bit–OK, a lot–of trial and error, but eventually we got the formula right.

    Conquer Your Supply Chain

    Franchisers have standards for approved vendors. We go beyond those standards and do separate audits of financial stability, delivery competencies and the like. Also, never put all your eggs, as they say, in one basket. If one vendor can’t deliver, make sure you have another–perhaps in a different location–lined up in a pinch.

    Our managers are expected to watch a number of metrics on a daily basis. Food, liquor and labor costs are the basics. Managing those means that you are running a tight ship and delivering good service–which means that revenue will follow. Cash flow and EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) also are reviewed by restaurant on a weekly basis, as well as other data points, including guest feedback, internal operational performance inspections, city health inspections and staff turnover.

    Reiterate the Mission

    Our steering committee meets once a week. At the beginning of each meeting, one of us will read aloud our mission statement and strategic initiatives for the current year as a reminder to maintain our focus.

    Without it, believe me, you’re toast.

    In Pictures: Top 20 Franchises To Start For The Money

    Nominate A Contender For Forbes’ List Of America’s Most Promising Companies



    2015 Top Franchises from Entrepreneur s Franchise 500 List #local #business #listing


    #franchise opportunities

    #

    2015 Top Franchises from Entrepreneur s Franchise 500 List

    Understanding the Ranking

    There’s a lot that goes into putting together the first, best and most comprehensive franchise ranking in the world. Here’s a behind-the-scenes look at Entrepreneur’s 37th annual Franchise 500 .

    The process began in July 2015, when we asked franchisors to participate in our survey. Each submission was vetted before being entered for data analysis; 951 companies made the first cut. Of those, the top 500 became the Franchise 500 ranking, based on financial and statistical data from July 2013 through July 2015.

    Only franchise companies that supply a full Franchise Disclosure Document (FDD) or Canadian Disclosure Document and whose information is verified by Entrepreneur can receive a listing. To be eligible for the Franchise 500 , a franchisor must have a minimum of 10 units, with at least one franchise located in the U.S. The company must be seeking new franchisees in the U.S. and it cannot be in Chapter 11 at the time the ranking is compiled. (The exception to these rules is Canada-based companies that are expanding only in Canada.)

    All companies are judged by the same criteria: objective, quantifiable measures of a franchise operation. The most important factors include financial strength and stability, growth rate and size of the system. We also consider the number of years a company has been in business and the length of time it’s been franchising, startup costs, litigation, percentage of terminations and whether the company provides financing. Financial data is analyzed by an independent CPA.

    We do not measure subjective elements such as franchisee satisfaction or management style. The objective factors are plugged into our exclusive Franchise 500 formula, with each eligible company receiving a cumulative score.

    Remember that the Franchise 500 is not intended to endorse, advertise or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise. Read the FDD and related materials carefully, get help from a franchise attorney and a CPA in reviewing any legal or financial documents, and talk to as many existing and former franchisees as possible and visit their outlets. The best way to protect yourself is to do your homework.

    Research compiled by Tracy Stapp Herold and J.R. Jimenez with assistance from Hava Arieh, Rick Ignarra, Nicole Jurinek, Yvette Madrid, Jessica Nguyen and Giuseppe Ricapito; technical assistance from Angel Cool and Daniel Sibitzky; financial analysis by David R. Juedes, CPA; graphic design by Karen Meneghin.

    More Franchise Rankings

    100 franchises for under $60,000



    Same-Day Franchise Financing Up To $250K #sample #business #proposal


    #franchise loans

    #

    Franchise Financing

    Looking for an easier way to get financing for your franchise? You ve come to the right place. Balboa Capital is a leading direct lender that specializes in franchise financing. We can structure and deliver a flexible, affordable solution that works within your budget. We make the entire process quick and efficient, and you will work with a single point-of-contact every step of the way. If you are purchasing new furniture, fixtures and equipment (FF E), starting the re-imaging process, or launching a property improvement program (PIP), we can help.

    • Financing Plans Up to $1 Million Per Owner/Operator
    • Franchise Working Capital Loans up to $1 Million
    • Credit Lines up to $500,000
    • Up to 70%/30% Soft Cost/Hard Cost Financing
    • 24-60 Month Terms
    • Up to 84-Month Terms for Acquisition Financing and Remodels
    • Easy Application Process
    • Competitive Rates
    • Fast Funding
    • Possible Tax Deduction Ask Your Accountant


    How To Build A Thriving Franchise #stock #market #results


    #best business to start

    #

    How To Build A Thriving Franchise

    Three years ago, when the Great Recession dug its teeth in, we had 24 Applebee’s locations in our franchise group. Today we have 34 stores in the New York metropolitan area–including one in Times Square–and our momentum hasn’t slowed.

    Those are big numbers in any economy, let alone the one we’ve had since 2008. So how did we do it? Here are seven specific tactics:

    Hire With Precision–and Art

    Our people have to know the menu and be able to deliver dependable, friendly service–no exceptions. We also try to suss out the likelihood that our people will be a good fit in our overall organization. It’s academic how competent people are if they can’t get along with their peers, direct reports or supervisors.

    R sum s are standard, but given the cottage industry of professional r sum writers, that document has become less reliable. Interviews are more critical. Some tell-tale questions: What makes you very angry? What are your hobbies? What is your worst attribute? The answers give us a window into who the person really is as opposed to who they think we want them to be.

    In Pictures: Top 20 Franchises To Start For The Money

    Management-level candidates must survive an extra level of scrutiny. Batrus Hollweg, an international testing organization, offers ways to measure aptitude and to model potential success in our specific environment. The extra testing expense–about $175 per head–is well worth the investment.

    Make the Most of Your Marketing Budget

    A franchisee generally does not have a voice in how its marketing dollars are allocated by the parent franchiser. That’s why franchisees need to take an active roll in the process. One way: Participate in franchise councils. We campaigned for and now hold seats on three of them, including Franchise Business, Franchise Kitchen and Franchise Marketing Councils.

    Another strategy: Team up with vendors–and I mean all of them, from food suppliers to security firms–to come up with joint marketing campaigns. This cross-promotional strategy goes for other, more unrelated businesses too. In our case we have had great success partnering with local attractions such as the Bronx Zoo, which offered free or discounted kids’ tickets to the zoo with purchase of a kids’ meal.

    Splurge to Save

    Capital expenditures are always painful, especially when the returns on those investments don’t come for months or years. But there are ways to save a lot of money later by spending a little now–and even green up your operation in the process. Three examples from our operation:

    Waterless urinals: These cut our water bills by saving us 40,000 gallons of water per year.

    LED lights: Replacing all recessed and track lighting fixtures with LED reduced our restaurant’s KWHs by 88%.

    On-demand (tankless) hot water heaters: They’re 84% more energy efficient.

    In Pictures: 20 Ways To Go Green And Stay In The Black

    Be Willing to Try New Products

    There are three ways to learn: introspection, copying/mimicking and good old-fashioned trial and error. We didn’t serve breakfast for years–it wasn’t part of our corporate mix or core business–but given high rents in Manhattan, we needed to revisit our model and squeeze the most out of the box on which we pay rent 24/7. To retool for the breakfast crowd, we had to tweak our service cues, work out staff scheduling and refine the menu offerings. It took a bit–OK, a lot–of trial and error, but eventually we got the formula right.

    Conquer Your Supply Chain

    Franchisers have standards for approved vendors. We go beyond those standards and do separate audits of financial stability, delivery competencies and the like. Also, never put all your eggs, as they say, in one basket. If one vendor can’t deliver, make sure you have another–perhaps in a different location–lined up in a pinch.

    Our managers are expected to watch a number of metrics on a daily basis. Food, liquor and labor costs are the basics. Managing those means that you are running a tight ship and delivering good service–which means that revenue will follow. Cash flow and EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) also are reviewed by restaurant on a weekly basis, as well as other data points, including guest feedback, internal operational performance inspections, city health inspections and staff turnover.

    Reiterate the Mission

    Our steering committee meets once a week. At the beginning of each meeting, one of us will read aloud our mission statement and strategic initiatives for the current year as a reminder to maintain our focus.

    Without it, believe me, you’re toast.

    In Pictures: Top 20 Franchises To Start For The Money

    Nominate A Contender For Forbes’ List Of America’s Most Promising Companies



    2016 Top Franchises from Entrepreneur s Franchise 500 List #small #business #crm


    #franchise opportunities

    #

    2016 Top Franchises from Entrepreneur s Franchise 500 List

    Understanding the Ranking

    There’s a lot that goes into putting together the first, best and most comprehensive franchise ranking in the world. Here’s a behind-the-scenes look at Entrepreneur’s 37th annual Franchise 500 .

    The process began in July 2015, when we asked franchisors to participate in our survey. Each submission was vetted before being entered for data analysis; 951 companies made the first cut. Of those, the top 500 became the Franchise 500 ranking, based on financial and statistical data from July 2013 through July 2015.

    Only franchise companies that supply a full Franchise Disclosure Document (FDD) or Canadian Disclosure Document and whose information is verified by Entrepreneur can receive a listing. To be eligible for the Franchise 500 , a franchisor must have a minimum of 10 units, with at least one franchise located in the U.S. The company must be seeking new franchisees in the U.S. and it cannot be in Chapter 11 at the time the ranking is compiled. (The exception to these rules is Canada-based companies that are expanding only in Canada.)

    All companies are judged by the same criteria: objective, quantifiable measures of a franchise operation. The most important factors include financial strength and stability, growth rate and size of the system. We also consider the number of years a company has been in business and the length of time it’s been franchising, startup costs, litigation, percentage of terminations and whether the company provides financing. Financial data is analyzed by an independent CPA.

    We do not measure subjective elements such as franchisee satisfaction or management style. The objective factors are plugged into our exclusive Franchise 500 formula, with each eligible company receiving a cumulative score.

    Remember that the Franchise 500 is not intended to endorse, advertise or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise. Read the FDD and related materials carefully, get help from a franchise attorney and a CPA in reviewing any legal or financial documents, and talk to as many existing and former franchisees as possible and visit their outlets. The best way to protect yourself is to do your homework.

    Research compiled by Tracy Stapp Herold and J.R. Jimenez with assistance from Hava Arieh, Rick Ignarra, Nicole Jurinek, Yvette Madrid, Jessica Nguyen and Giuseppe Ricapito; technical assistance from Angel Cool and Daniel Sibitzky; financial analysis by David R. Juedes, CPA; graphic design by Karen Meneghin.

    More Franchise Rankings

    100 franchises for under $60,000



    2015 Top Franchises from Entrepreneur s Franchise 500 List #stocks


    #franchise opportunities

    #

    2015 Top Franchises from Entrepreneur s Franchise 500 List

    Understanding the Ranking

    There’s a lot that goes into putting together the first, best and most comprehensive franchise ranking in the world. Here’s a behind-the-scenes look at Entrepreneur’s 37th annual Franchise 500 .

    The process began in July 2015, when we asked franchisors to participate in our survey. Each submission was vetted before being entered for data analysis; 951 companies made the first cut. Of those, the top 500 became the Franchise 500 ranking, based on financial and statistical data from July 2013 through July 2015.

    Only franchise companies that supply a full Franchise Disclosure Document (FDD) or Canadian Disclosure Document and whose information is verified by Entrepreneur can receive a listing. To be eligible for the Franchise 500 , a franchisor must have a minimum of 10 units, with at least one franchise located in the U.S. The company must be seeking new franchisees in the U.S. and it cannot be in Chapter 11 at the time the ranking is compiled. (The exception to these rules is Canada-based companies that are expanding only in Canada.)

    All companies are judged by the same criteria: objective, quantifiable measures of a franchise operation. The most important factors include financial strength and stability, growth rate and size of the system. We also consider the number of years a company has been in business and the length of time it’s been franchising, startup costs, litigation, percentage of terminations and whether the company provides financing. Financial data is analyzed by an independent CPA.

    We do not measure subjective elements such as franchisee satisfaction or management style. The objective factors are plugged into our exclusive Franchise 500 formula, with each eligible company receiving a cumulative score.

    Remember that the Franchise 500 is not intended to endorse, advertise or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise. Read the FDD and related materials carefully, get help from a franchise attorney and a CPA in reviewing any legal or financial documents, and talk to as many existing and former franchisees as possible and visit their outlets. The best way to protect yourself is to do your homework.

    Research compiled by Tracy Stapp Herold and J.R. Jimenez with assistance from Hava Arieh, Rick Ignarra, Nicole Jurinek, Yvette Madrid, Jessica Nguyen and Giuseppe Ricapito; technical assistance from Angel Cool and Daniel Sibitzky; financial analysis by David R. Juedes, CPA; graphic design by Karen Meneghin.

    More Franchise Rankings

    100 franchises for under $60,000



    International Franchise Opportunities #stock #investing


    #franchise opportunities

    #

    International Franchise Opportunities

    International Franchise Opportunities

    It is estimated that more than 800 companies are franchising internationally and an additional 100 companies begin their international expansion every year. This represents a unique opportunity to seek opportunities with the world’s most established Franchisors.

    There are many opportunities for prospective master franchisees who are searching for franchise brands to develop in their home countries. The following list of IFA members should be your first step in exploring International Franchise Opportunities. These are the best and brightest in franchising worldwide.

    Search for Franchises Expanding Internationally

    To search for an international franchise opportunity by franchise industry, please use the search box below.

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