September, 2024

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The Hidden Value of ZorForum: Avoiding Mistakes Before They Happen

Johnny Franchise

Discover how ZorForum helps franchisor executives avoid costly mistakes before they happen by tapping into collective wisdom and trusted advice.

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Boost Home Healthcare: Setting Itself Apart in the Home Healthcare Franchise Industry

Franchise Journal

The home healthcare industry is one of the fastest-growing sectors globally, driven by an aging population and the increasing preference for in-home care over institutional settings. In this competitive landscape, numerous franchises offer home healthcare services, each with their own unique set of features and operational strategies. However, Boost Home Healthcare stands out among its peers, thanks to several distinguishing traits that make it a compelling choice for both franchisees and client

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What Is a Franchise Disclosure Document and Why Is It So Important?

ImageOne

When exploring franchise opportunities, especially with a trusted brand like Image One, one of the most critical steps is understanding the Franchise Disclosure Document (FDD). You've likely heard the term, but what exactly is it, and why is it so important in your journey of becoming a cleaning company franchisee? Let's dive in. The Blueprint to Your Investment The FDD is a blueprint for your investment.

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13 Interesting Facts About the Franchise Industry in the US

Franchise Fame

Have you ever wondered about the history of franchising? Or what about what impact it has on the economy? This business model has been around for quite some time and is gaining enormous traction. However, there are some interesting and little-known franchise facts that you may not know about. In this article, we explore 13 fascinating franchise industry facts to help you better understand it and why it’s worth considering for aspiring business owners.

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Fantastic Sams Franchise Cost: A Smart Investment for Aspiring Business Owners

Fantastic Sams

If you’re considering a salon franchise, you’ve likely come across Fantastic Sams, one of the most established and recognized names in the hair care industry. With over 50 years of experience, Fantastic Sams continues to offer a successful and scalable business model that appeals to both first-time franchisees and seasoned investors alike. A key factor when considering any franchise is cost, and understanding the Fantastic Sams franchise cost is essential to determining if it’s the right fit for

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Damiere Byrd Takes the Leap into Franchising with Bumble Roofing!

FranAthlete

We’re thrilled to announce that NFL receiver Damiere Byrd is diving into the world of franchising with Bumble Roofing. Known for his impressive speed on the field, Damiere is now using that same drive to bring top-notch roofing services to Charlotte, North Carolina. This move is a strategic step, combining his passion for business with a commitment to supporting his community.

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Escaping the Corporate Grind: Transitioning to Franchise Ownership

Grammatico

Are you tired of the corporate grind? Many people find themselves dreaming of a different life. They want more freedom and control over their work. Franchising can be a great solution. It allows you to run your own business while having the support of an established brand. This path offers a chance to break free […] The post Escaping the Corporate Grind: Transitioning to Franchise Ownership appeared first on Giuseppe Grammatico.

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Franchises Preferred Over Startups from Scratch or Legacy Businesses For Sale

Franchise Insights

By: Michael Alston for Franchise Insights September 10, 2024 – Individuals interested in business ownership preferred the option to “buy a franchise” over acquiring an existing business by a significant margin in the August business buyer survey. While almost 60% indicated interest in the franchise purchase option, only 42.3% were interested in buying an existing business for sale.

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Introducing BizSold’s New Franchise Directory

BizSold

BizSold Launches New Franchise Directory for Aspiring Entrepreneurs BizSold is excited to announce the launch of its brand-new Franchise Directory , a comprehensive resource featuring hundreds of top franchise brands. This all-in-one guide is designed to provide prospective franchise owners with the information they need to make informed decisions about franchise ownership.

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Responsible Franchising: Ensuring Ethical Practices in the Industry

Frannexus

Responsible Franchising: Ensuring Ethical Practices in the Industry by Seth Lederman Franchising has long been a popular method for expanding businesses, allowing entrepreneurs to own and operate their establishments under a recognized brand. With approximately 790,500 franchise units operating in 2022, increasing to 806,270 in 2023 , franchising is thriving in the United States.

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MSA encourages Governor Newsom of California to sign SB 919, Franchise Investment Law: franchise brokers

MSA Worldwide

See the full letter here as a PDF: SB-919-Letter-to-Newsom-090324.pdf 3 September 2024 The Honorable Gavin C. Newsom Governor of the State of California 1021 O Street, Suite 9000 Sacramento, CA 95814 Re: SB 919: Franchise Investment Law: franchise brokers Dear Governor Newsom: SB 919 is an essential addition to The State of California’s Franchise Investment Law (CFIL), and California Franchise Relations Act (CFRA), and I encourage you to sign this bill into law.

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Overcoming the Fear of Failure: Mitigating Risks in Franchise Investments

Grammatico

Investing in a franchise can be intimidating, especially if you’re worried about the risks. Fear of failure is common, but understanding these risks can make a significant difference. Franchises offer a tested business model, which can provide a sense of security. However, it’s important to evaluate each opportunity carefully. Consider the brand’s reputation and support […] The post Overcoming the Fear of Failure: Mitigating Risks in Franchise Investments appeared first o

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Capitalizing on the Silver Tsunami: How the Growing Senior Population Fuels the Booming In-Home Care Industry and Creates Lucrative Franchise Opportunities

Franchise Journal

The rapid growth of the senior population, often referred to as the "Silver Tsunami," presents a unique opportunity for entrepreneurs and investors. As the Baby Boomer generation ages, the demand for in-home care services has surged, creating a lucrative market for those looking to capitalize on this trend. Among the key players in this expanding field is Seniors Helping Seniors , a franchise that not only meets the rising demand but also offers significant benefits to franchise owners.

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Many Franchise-Seekers Already Own Businesses

Franchise Insights

By: Michael Alston for Franchise Insights September 18, 2024 – Data from over five years of surveying aspiring franchise owners shows that about 15-20% already own at least one business. The percentage has varied month-to-month over this time span, which includes the pandemic-affected years, but consistently represents a significant slice of aspiring candidates for franchise development.

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Module 10: FDD Strategy & Review

Franchise Performance Group

How to minimize the negative impact and potential deal killing impact of FDD. We will talk about how to frame up the FDD using content and conversation to leave the candidate with the experience, "I don't like it, but I can live with it." The post Module 10: FDD Strategy & Review appeared first on Franchise Performance Group.

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Inflation and Franchising

Frannexus

Inflation and Franchising by Seth Lederman Nobody likes inflation, but franchisees in particular have been struggling with the rate increases over the last several years. On the franchisor side, many have concerns with their ability to meet their franchise growth goals because of inflation, while franchisees are simply trying to balance the books and make a profit.

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American Hose Pro (AHP): “Best Franchise Alternative”

FranBest

Interview #1 With Jim Lager, CEO, American Hose Pro Distributor Program SK: Jim Lager, congratulations on American Hose Pro being named FranBest Best Franchise Alternative for 2024! In the past four decades, you achieved widespread recognition and considerable success as a franchisee of multiple national and international brands. With all the success you’ve enjoyed in franchising, why did you decide to offer American Hose Pro distributorships as an alternative to franchising?

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Safe Tax Write-Offs vs. High-Risk Deductions for Small Business Owners: Managing Tax Liability Effectively

Franchise Funding Solutions

As a small business owner, understanding which tax write-offs are safe and which ones may trigger an audit is crucial for managing your tax liability. The IRS offers a variety of deductions to help reduce your taxable income, but it’s important to approach these deductions with care. This article will explore the safest tax write-offs, those that carry a higher audit risk, and strategies for better managing your tax liability when operating a small business or franchised business.

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Lindora's Mission: Empowering People to Live Healthier, Longer Lives Through Metabolic Health

Franchise Journal

Lindora is part of Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of health and wellness brands, with 3,050+ open studios and 6,250+ licensed locations globally, operating diversified verticals including Pilates, barre, cycling, running, rowing, dancing, stretching, boxing, yoga, functional training, and metabolic health. Lindora's Origin and Experience Founded in 1971 in Southern California, Lindora is a leading provider of medically guided wellness and metabolic health

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4 Benefits of Franchise Partnerships & How They Work

Scooter's Coffee -- Coffee Franchising

4 Benefits of Franchise Partnerships & How They Work A franchise partnership can be a smart approach to starting a business and building wealth. Defined, a franchise partnership is when two or more individuals start a franchise business together under a shared agreement. These types of partnerships can be structured in varying ways ranging from equal ownership and management to partnerships where one partner may have a more active role in day-to-day operations while others provide financial

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Ziggi’s Coffee Franchise in 2025: Costs, Fee & FDD

VettedBiz

Ziggi’s Coffee is a rapidly growing coffee franchise that began with a passion for creating an inviting space for coffee lovers. It was founded by Brandon and Camrin Knudsen in 2004 in Longmont, Colorado. What started as a single small coffee shop has blossomed into a well-respected ziggi’s coffee brand in the competitive specialty coffee industry.

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Module 9: Listening Skills & Interviewing Techniques

Franchise Performance Group

Refine your listening skills and interviewing techniques. The post Module 9: Listening Skills & Interviewing Techniques appeared first on Franchise Performance Group.

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Prospects Sound Off on Their Satisfaction With the Franchise Sales Process

Franchise Insights

By: Michael Alston for Franchise Insights September 25, 2024 – Persons inquiring about franchises were mostly satisfied with their experiences, according to recent franchise prospect surveys over the five months ending in September 2024. Almost half (43.5%) said they were either “satisfied “ or “very satisfied” , and only 19.2% said they were “unsatisfied or very unsatisfied.

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Sound Investments: How Hear Again America Franchises Benefit Baby Boomers and Teenagers with Hearing Loss

Franchise Journal

Hearing loss is a widespread issue affecting millions across different age groups, from baby boomers to teenagers. As the population ages and the number of teenagers unsafe listening practices increases, the demand for effective hearing solutions continues to grow. This creates a unique business opportunity for those looking to make a meaningful impact while enjoying financial success.

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What’s Next for Senior and Medical Franchising

Franchise Journal

The senior and medical franchising sector is expanding, driven by the increasing need for specialized and compassionate care for aging populations. As the demand for these services skyrockets, understanding the intricacies of home healthcare franchising becomes essential. Anyone interested in franchising should investigate this option to see if it might fit their long-term professional goals.

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Spas Pave Pathway to Peace of Financial Mind

Franchise Journal

Spa franchises offer softer avenue for workforce leaving the ‘rat race’ Call it ‘quiet quitting’ or retirement, layoffs or outsourcing. Finding oneself with a stagnant cash flow and no job title can be unsettling. Many who have been caught in these cross-hairs are now saying the imagined freedom has left them wanting some enterprise to fill their days, their social calendar or their financial portfolios.

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Franchising the Future: How Degree Wellness is Disrupting the Wellness Industry with Tech-Driven Solutions

Franchise Journal

In an era where wellness is becoming increasingly prioritized, Degree Wellness stands out as a revolutionary force in the industry. Founded by tech guru Amanda Watts Lightcap and her husband, hedge fund manager Tom Lightcap, Degree Wellness is reshaping the self-care landscape with innovative, technology-driven solutions. Their mission is simple yet profound: to help communities live happier, healthier lives through a premier boutique wellness experience.

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Hearing Aid Technology: A Golden Opportunity for Franchisees

Franchise Journal

The senior population is booming, and with it comes a growing demand for healthcare services. One area experiencing rapid growth is hearing aid technology. Advancements in this field are not only improving the quality of life for millions but also creating lucrative opportunities for franchisees. The Aging Population: A Growing Market The baby boomer generation is rapidly entering their golden years, and hearing loss is a common health care consideration associated with aging.

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Why 4EverYoung Anti-Aging Solutions is the Ultimate Franchise Opportunity

Franchise Journal

Aging is inevitable, but losing your quality of life doesn’t have to be. At 4EverYoung Anti-Aging and Medical Spa, we embody the idea that aging can be a journey of vitality, energy, and wellness. Our brand is built on a proactive approach to health, setting us apart in the burgeoning anti-aging industry. For entrepreneurs looking to invest in a franchise that is not only profitable but also deeply impactful, 4EverYoung offers a compelling opportunity.

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Wellness Market Leaders Join Forces: The DRIPBaR + REVIV

Franchise Journal

The DRIPBaR, recognized as the fastest-growing IV therapy franchise in the United States, has joined forces with REVIV, the global leader in IV therapy, marking a significant milestone for the industry. The partnership creates an unrivaled offering by bringing together the specialties of two industry heavyweights boasting over 200 locations across 6 continents, with plans to add thousands more locations in the coming years.

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iCode Franchise in 2025: Costs, Fee & FDD

VettedBiz

iCode , founded by Abid Abedi in September 2015, emerged from a passionate drive to revolutionize after-school education by making learning fun and engaging for children. Abedi, an immigrant who came to the U.S. with just $100, built a career in corporate America before embarking on his entrepreneurial journey. Over the past four decades, he founded over 15 companies across various industries, accumulating over $3 billion in sales. iCode, his brainchild, reflects the lessons he learned, with a f

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ONE MORE DAY

Franchise Journal

Life is precious. It is said that those that are terminally ill, living day to day, hope every day that they have one more day. As we age, we don’t know how many more days we have. To that end, we tend to seek ways to live healthier and make up for our recklessness of our past. We want more days. What we fail to realize is that our bodies are built to help us fight this fight if we supply it with what it needs.

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End Cap Real Estate: What Businesses Work Best?

Scooter's Coffee -- Coffee Franchising

End Cap Real Estate: What Businesses Work Best? End caps are more than just storefronts—they’re opportunities for businesses to stand out and succeed in competitive markets. Learn which business ideas thrive in that type of space. What is an End Cap in Real Estate Terms? An end cap refers to a storefront space located at either end of a retail shopping center.

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Jordyn's Joy: Bringing Hope and Joy to Children Battling Life-Threatening Illnesses

Franchise Journal

In a world often overshadowed by darkness, there are individuals who radiate light and inspire others through their selflessness and compassion. One such remarkable individual is Jordyn, a young girl who, despite her own battle with illness, decided to create Jordyn's Joy, a foundation dedicated to bringing hope and joy to children facing life-threatening illnesses.

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Medi-Weightloss®: Transforming Health and Revolutionizing Weight Management

Franchise Journal

Obesity and its associated comorbidities are a significant public health concern both in the United States and globally. With approximately 70% of American adults classified as either having obesity or being overweight, this issue has reached epidemic proportions. Nearly a decade ago, the American Medical Association officially recognized obesity as a disease that necessitates a range of medical interventions.

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DIAMETRICS: SETTING THE NEW STANDARD IN DIABETIC CARE

Franchise Journal

About Diabetes (source: American Diabetes Association) Cost of diabetes Updated November 2, 2023 $412.9 billion: Total cost of diagnosed diabetes in the United States in 2022 $306.6 billion was for direct medical costs $106.3 billion was in indirect costs After adjusting for population age and sex differences, average medical expenditures among people with diagnosed diabetes were 2.6 times higher than what expenditures would be in the absence of diabetes.

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