Do you envision yourself as a future franchisee? How can you know whether you have the right personality type to succeed? Many people believe only a true “Type A” entrepreneur should pursue franchise ownership. The truth is actually quite different. The most successful franchisees have something important in common. They’re able and willing to follow…

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When exploring the purchase of a franchise, you’ll want to know the franchise basics. Understanding the elements of a franchise helps you distinguish one from another. Here’s a primer. Franchise Types: Business Format vs. Product Distribution Let’s start our look at franchise basics at the very beginning. There are two types of franchises. Each has a…

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