Franchise Owner Success Story: Steve Cannata

Meet Steve Cannata, a franchise owner with advice on choosing the right franchise opportunity.Steve Cannata had an incredible position as a vice president of sales for a Fortune 500 company. He managed thousands of people and millions of dollars. But in his mid-forties, he left that behind to take his chances with franchise ownership.

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3 Franchise Myths Holding You Back From Starting Your Own Business

In every industry, there are myths that arise – and franchise ownership is no exception. Unfortunately, some potential franchise owners let these misconceptions hold them back from making a smart investment in a brand.

If you’re considering buying a franchise, take a look at some of the most common myths you may believe to be true – and the real facts behind them.

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Topics: franchise success

5 Of The Hottest, Most Profitable Franchise Opportunities Today

Whether you’re making a move from the corporate world or continuing entrepreneurial endeavors, it’s imperative to be a well-informed buyer before diving into a new business venture. That’s why potential franchise owners need to have a pulse on the trends that could impact the brands they select.

Explore the top five current trends in franchising, and use them to help you uncover the right franchise for your future.

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10 Questions For Choosing The Best Franchise To Invest In

Before you invest in a franchise, you need to get to know the brand. Sure, you could investigate the franchisor online or look at their marketing materials. But, the best way to gain insight into a brand is by asking questions – and not just any questions, but the right ones.

To help you select the best franchise opportunity for you, we’ve got ten questions to arm yourself with: five for your future franchisor and five for fellow franchise owners. Use these to get a full picture of the opportunity at hand and determine whether you’re choosing the right franchise.

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Franchise Investment: What To Expect When Starting A Business

You’re confident that you’ve chosen the right franchise. Now, you’ll go through the signing process and pay the investment fee. But, once all the details are handled, what happens next?

When it’s time to open the doors to your new franchise, do you know what to expect?

The first few months of franchise ownership are critical to your success. To forge a path toward profitability and build a strong foundation for your franchise to grow, it’s essential to prepare for the first 90 days of running an open franchise.

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5 Telltale Signs You're Ready Make A Profitable Franchise Investment

You’re interested in becoming a potential franchise owner, but you’re not quite sure if you’re ready to buy. Investing in a franchise opportunity is a huge decision, both personally and professionally. So, you want to ensure that you’re totally ready before you sign the papers.

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Franchise Financing: 3 Funding Sources For Your Investment

Many potential franchise owners have the drive, skills and ambition to run a successful franchise, but they lack one important factor: the money. Funding a franchise isn’t a cheap endeavor, but it is a long-term investment that hopefully turns a profit.

Are your worries about franchise financing holding you back from investment?

There are a number of options available for future franchise owners in search of financing. Explore these three common approaches to determine the best course of franchise financing for you.

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4 Perks Of Selling High-Profit-Margin Products

There are hundreds and hundreds of franchises you could choose to invest in. They come in all shapes and sizes, with a variety of products and services to sell. This leaves many prospective owners wondering what the best strategy is for choosing the right franchise.

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Managing Your Franchise: Are You Equipped For Success?

Not every new or potential franchise owner has a management background. Maybe you’ve never managed a group of employees before. Even if you have a history of management, franchise ownership is an entirely new ball game. So, what franchise management topics should you explore?

To really prepare yourself for franchise ownership and management, you need to dive into training and support that sets you and your employees up for success. You’ll want to make sure you have the following areas of franchise management training covered.

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How To Own A Franchise: What Training Do You Need?

Your transition into franchise ownership doesn’t have to a trial-by-fire endeavor. As with any new position, you’ll require training to help you take on the many roles that franchise owners play.

One of the greatest benefits of owning a franchise is that you have access to a proven method for running your business. But, when starting your own company, it’s common to struggle with working everything out, from knowing what inventory software to use to connecting with vendors to understanding the intricacies of the sales process.

So, let’s explore the various types of franchise training you should expect to receive after making an investment, and uncover the sources of training that every franchise owner should take advantage of.

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Topics: owning a franchise, franchise training, choosing the right franchise, franchise owner

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