Cash flow is the life energy of every business, including franchise. Lack of it will drain the life out of your franchise unit – and this is just the beginning.

Franchise unit operation cash flow

With all due respect – I don’t think the above is entirely applicable for the rest of us.

Increasing sales and cutting expense in today’s difficult economy is very challenging, if not very difficult for the rest of us. I do agree that the logic behind it…

1. Dealing with Your Struggling Franchise Units: Learn from Those who Have been There
2. Franchising Podcasts: Learn What the Experts Have Got to Say About Franchise Ownership
3. Franchise Unit Location: Buy or Lease?

The Internet has propelled franchises to conquer new market and recruit more franchisees. How to wisely use the Internet to benefit your franchise business?

Franchising updates on Twitter

Inspired by Mark Siebert’s article, here are 10 ways to grow your franchise using the Internet as a medium, tool and strategy to ace the competition:

1. Use the Internet to lower your budget in franchise marketing
   The Internet allows franchises to grow and expand on a shoestring budget. For less than $500, you can get a decent website that can easily look and function better than Subway’s website (Subway, in my opinion, has a sub-par website design considering the big name.)…

1. How to Use Social Media for the Benefit of Your Franchise
2. Internet Franchises: Are They Worth to Look?
3. Franchising Podcasts: Learn What the Experts Have Got to Say About Franchise Ownership

Refranchising has always been a hot trend of the decade in franchising. The all-important question: Is refranchising beneficial franchisors, franchisees, or both?

Refranchising

To me, refranchising is a blessing – I am tired of starting up, and with franchising I expect more than just a start up business. For you who share my vision, you might be interested in refranchising, as well.

Why do franchisors refranchise?

Firstly, you need to know that own units are not always started up by the franchise company. Instead, franchisors…

Frozen yogurt – or popularly dubbed as froyo – are gaining in popularity today. One issue: Is froyo franchise just a fad or a legitimate franchise opportunity?

frozen yogurt

However, I can’t help the feeling that froyo won’t last long as a popular, healthy version of ice cream. And today is not the first time that froyo-craze hit people worldwide.

According to Forbes, the last frozen yogurt craze is…

1. Non-profit Franchise: Social Franchises are Emerging Worldwide

It seems that there is nothing in this world involving money that cannot be franchised – this includes non-profit sector, and it is emerging and attracting social entrepreneurs and investors.

Social franchising

EBay drop-off franchises, science franchises, and some other innovative ideas are popping on daily basis, worldwide. But those share a common characteristic: All of them are for-profit organisation. Any chances for non-profits to be developed in franchising framework? I thought it wouldn’t be possible.

But all things…

1. How can Social Media Help New Franchise Launch?
2. What do Franchises and Franchising Experts Do on Social Media?
3. How to Use Social Media for the Benefit of Your Franchise

Do you want to receive free franchising advice from top franchising experts but too tired to read any franchising articles? Try listening to live podcasts.

Franchise podcasts

One of the resources I would like to recommend is franchising podcasts.

What is podcast anyway?

Podcasts are series of digital media files (most commonly audio) that can be shared and listened to, either live or recorded. Podcasts are commonly come into life in the of online talk shows or online interviews.

I enjoy listening to podcasts…

1. What do Franchises and Franchising Experts Do on Social Media?
2. Top 10 Twitter Users Who Tweet about Franchising (Updated and Extended)
3. Before You Invest in A Franchise: Learn as Much as You Can About It First

Here is the question that your answer can make or break your entrepreneurial career: To buy or to lease business premise.

Leased property

Not entirely true (to me, Burger King’s burgers are the best of all – LOL. McDonald’s? Theirs are simply… um… bland.)

Many people can claim that they make better burgers than McDonald’s. They can be successful with their superior burger recipes. Unfortunately, most of them are missing one major key ‘ingredient’ – An ‘ingredient’ that makes McDonald’s not only successful as a franchise, but as a business empire,…

1. Is Your Franchise Unit Another Job For You?
2. Multi-Unit Franchise Ownership: Double the Profits (and Headaches?)
3. Effective Business Blogging for Franchise Unit Owners

Many people deciding to buy a franchise because it is closely related to their hobbies. My opinion: Hobby-based franchises are great, but let your hobby be your hobby.

Science franchise

One of their most common comments is: Let your hobby be your hobby.

To clarify: Not that hobby-based businesses (in this case, franchises) are bad. In fact, for the right people, hobby-based franchises can be extremely successful, considering the nature of hobby/entertainment community and industry.

Unfortunately, using your hobby as the main reason to decide on buying a franchise is not…

1. Home-Based Franchises: Work-from-Home Franchises vs. Mobile Franchises
2. Buying a Franchise: Do Your Due Diligence
3. 7 Reasons Why You Should Consult A Franchise Consultant Before Buying a Franchise

Due diligence is the keyword to ensure that everything you have planned in buying a franchise will not go in vain. Proper franchise opportunity analysis can only do you good.

Franchise due diligence

Unfortunately, choosing NOT to do the business due diligence will bring you problems and perils later on.

A price to pay for not doing business due diligence: I lost my franchise units

You don’t need to prove anything, as I have already proved that not doing my due diligence properly before buying businesses cost me not only…

1. Buying a Franchise Equals Starting a New Business
2. Buying A Franchise Unit: What to Look For in A Great Franchise
3. 9 Questions to Answer Before You Buy a Franchise

Today, web presence is more important than ever – Franchises know this fact, too. Here is our very own 10 best franchise company websites, design-wise.

Sonic Drive In

They need to transmit the right message to the site visitors so that their online marketing campaigns will not go in vain.

I have visited franchise companies website a lot, and to tell you the truth, many of them are sub-par and poorly design. Fortunately, most top franchises, especially global franchises, know that web presence is important and the right…

1. Effective Business Blogging for Franchise Unit Owners