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Franchising Your Business and How it Will Affect Your Future

Does this sound like you? “I have been thinking about franchising my business but I want to have some idea how it will affect my future. I am concerned about giving up control, the people who will be operating my business and will I be able to succeed as a franchisor?” These questions are valid…

Are Franchisees Considered Employees?

We all know what franchising means. It sounds good right? Grow a business, have multiple locations, recognition, branding, etc. (learn more about franchising your business). But do you fully grasp what the franchising relationship is really about? What are franchisees, are they employees? Can a franchisor directly control a franchisee’s business? There are all kinds of misconceptions surrounding…

Key Points to Building a Successful Franchise

Your business is doing great, you now want to grow and know franchising is your path. You begin to wonder, “What does it take to build a franchise program?”   Successful franchises are made up of a bunch of different elements that all lend to their success. Keep in mind franchising is not just about your business name…

Can My Business be Franchised if it Requires a License?

As you are thinking about franchising your business, you may be under the impression that you cannot franchise your business because operating it requires a special license. So you wonder, “Can my business be franchised?” Perhaps you are thinking that your industry is so specialized that franchising may not be applicable to your type of business….

Who is The Franchise Maker

If you are like most people you may think that franchising your business can seem scary, intimidating, costly and hard to obtain. Well enter The Franchise Maker, created by David Waldman in 2005 to dispel the myth that franchising is only for big companies, is not intimating if you have the right mentor and does…

Franchising is for Big Picture Thinkers

Yep, big picture thinkers are all around us. They are the entrepreneurs who are the driving force behind the great businesses you patronize. You probably interact with big picture thinkers every day or you consider yourself a big picture thinker. A big picture thinker may have already thought about franchising as a way to scale…

You Need More Than Documents to Franchise Your Business

Here you are thinking of franchising your business and you may be thinking that all you really need is a set of franchise documents and you are good to go. In fact you may be thinking that it is so simple you could really just take someone else’s franchise documents and copy them. We are here to tell you that…

How Much Do I Need to Make Before I Franchise My Business?

So, you are daydreaming about summer, being on the beach and drinking large quantities of tequila. As you are daydreaming your thoughts go to your business and you remember at one point talking with a really neat company called The Franchise Maker about franchising your business. You continue daydreaming and imagine yourself in the future…

Six Simple Things to Know About Franchising Your Business

Franchising has been around for decades, plays a big role in our economy and has made many businesses (and people) very successful. Whether franchising your business has always been your goal or you are just now thinking about it, it’s important to know what makes franchising successful. While every successful franchised business is different, they all share common aspects that…

Franchising a Business Means

While franchising a business provides numerous benefits and has the potential to catapult a business into mainstream society, depending on a person’s perspective franchising can mean different things for different people. For example franchising has a different meaning for a business owner (like you) compared to an entrepreneur who buys into a franchise.  Regardless of perspective, franchising (and if franchising…

Franchise Development Services Let’s Clear the Smoke

It can sure get confusing when trying to franchise your business and learn about franchise development services. Over the years the term “franchise development” has become so confusing and convoluted that it can make anyone’s head spin.  So many people and companies out there seem to have put their own twist on what franchise development…

A Couple Advantages of Franchising as a Strategy for Growth

Are you looking for ways to stand out and stay ahead of your competition? Franchising may be a strategy. Yep, that’s right franchising your business can actually help you beat your competition. How exactly does a franchising strategy actually work? Easy, let’s take a minute to explore it. Opportunity for Accelerated Growth Saturate the market….

How to Know if My Business is Franchisable?

From restaurants and retail stores to hotels and service-based businesses, franchises are everywhere. They are in almost every imaginable industry. So, how do you know if your business is franchisable? While some businesses seem to have an obvious potential for franchising, it’s not always so blatant. If you are like many business owners you have…

Benefits of Franchising

No doubt franchising can be a powerful way for you to expand your business into other markets. If you want to grow your business but may be limited in resources, franchising can be very enticing. While the idea of franchising might have been a blip on your radar at one time, you may not be…

What is Franchising?

Franchising, when people hear this word it may mean different things for different people. It could mean someone is looking to franchise a business. Or it could mean someone is looking to buy a franchise. Either way the facts are that in 2017 alone franchising directly contributed $745.3 billion dollars out of our $17 trillion dollar economy and…

What Makes Me More Money, Franchising or Opening Other Locations?

Perhaps you are thinking about growing your business and you’ve thought, “Do I make more money franchising or opening other locations?”. This is a good question and depends on many variables including how involved you want to be and how many more locations you actually plan to open. Let’s explore this a bit further. Open Few…

A Custom Approach to Franchising Your Business

Recently we were talking with one of our clients and he brought up in conversation that he decided to use The Franchise Maker to franchise his business because he saw right away that we offer more of a tailored and custom approach. So what does a “more tailored and custom approach to franchising your business”…

Why People Buy a Franchise

Often times when thinking about the idea of franchising you might lose sight as to why someone would want to buy a franchise in the first place. While we welcome a conversation with you at any time about franchising your business, our role is to bring knowledge to the table that may help re-direct your…

Franchising Can be an Unlimited Portal for Growth

In general when you think of duplicating your business, franchising typically comes to mind. When franchising you may think that your growth options are just limited to entrepreneurs who are looking to start up their own business. We will refer to these entrepreneurs as “startup operators”. Of course the whole idea of franchising is to…

After the Franchising Process, Know What to Expect

Let’s pretend for a moment that you are in the future and have already completed the franchising process. Yep, not too long ago were looking to franchise my business and found the best damn franchise development company, The Franchise Maker, to help you.  Now, you have awarded a bunch of franchises and it’s come to…

What is the Role of Patents in Franchising?

The other day we talked with a business owner business was centered on a unique product that he created. He had a dilemma. He wanted to patent his “widget” AND he wanted to franchise his business, but he didn’t know which one to do first! Let’s discuss the role of patents in franchising. What is…

Making Sense of the Franchise Fee and a Franchise Territory

There’s a common misconception out there that when a person buys a franchise, the franchise fee that is paid by the person buying a franchise is contingent upon the size of the franchise territory that is awarded. While this is currently not the case, there was a time years ago, when franchisors charged a fee…

Do People Buy a Franchise Just for the Name

“Is the reason why people buy a franchise just for the franchise name?” We get asked this question quite often. And given that there are many established franchise names that over time have become branded in the world, it can seem daunting if you are wanting to franchise your business and realize that no one…

Do I Need All Parts of The Franchise Maker Process?

Yep, the process to franchise your business can be a bit intimidating, complicated and overwhelming so we are here to make it easy for you. Our franchise development program provides you with all of the different pieces and professionals necessary in order for you to start offering franchises nationwide. Now you may be asking yourself,…

Is Franchising a Good Idea for Your Business?

You have probably been struggling with the thought, “is franchising a good idea for my business?” At some point you may have contacted us to inquire about how to franchise and perhaps you are still not sure if this is the right path to grow your business. In a nutshell franchising is about helping other…

Low Franchise Development Fees

The Franchise Maker was born out of our President’s passion to help business owners get to another level of growth through franchising by making the process easy and franchise development fees affordable. Prior to starting The Franchise Maker in 2005, Dave Waldman (our President) came from the franchise industry and had worked with some very…

Franchising a Business Requires Your Involvement

When looking to franchise your business you may be asking yourself, “Do I really need to be involved?” The franchise development process will not drain your time (in fact our process is not very intrusive at all to your already busy schedule). However we cannot ignore the fact that once you are approved as a franchisor,…

Don’t Make a Deal with the Devil after Franchising Your Business

The value of being a client of The Franchise Maker does not stop once your franchise development is finished and you are out in the marketplace offering franchise opportunities. Nope, we are so passionate about the franchise industry that we continue to look out for you even after our work is done. The unfortunate truth…

How Much Time to Franchise a Business?

Time is valuable and as you are considering franchising your business more than likely two of your main concerns are: how long it will take to franchise my business and how much time is required to complete the process. You’re probably worried that the process to franchise seems so complex that it could take years to…

Uncovering the Truth About Franchising Your Business

Warning! When it comes to franchising there seems to be a lot of deceitfulness, games and gimmicks out there (see our President’s full warning message about franchising your business). It never fails to amaze us when we hear about some things people find when researching companies that claim to do franchise development. Hard to Believe…