Shine Franchise Group’s Post

With over 4,000 franchise concepts spanning across 230 industries, choosing the right franchise can feel like searching for a needle in a haystack. As a franchise consultant, I'm often asked, "What's your favorite franchise?" But the truth is, there's no one-size-fits-all answer. Let's dive into why finding the perfect fit goes beyond mere preference.

Just wrote this for Franchise Direct. It's about the 3 factors that can and do influence you on your journey to owning a #franchise.

📣 Navigating the Franchise Lifecycle: Understanding the evolution of a franchise system is essential for long-term success! Part 2 of our series with Nick Empson dives deeper into the key stages, from growth to maturity, and how franchisors can navigate each phase effectively. Learn about the importance of constant innovation, maintaining franchisee relationships, and ensuring brand consistency as your franchise matures. Whether you're a new franchise or an established one, this insight is invaluable for sustaining growth and stability. 🔔 Subscribe to Canada's leading franchise news platform here: https://lnkd.in/e5nCMV33  📚 Read the full article here: https://lnkd.in/edr9EwSA  #FranchiseSuccess #BusinessGrowth #FranchiseCanada #EliteFranchise #FranchiseLifecycle

Over the years, dozens...maybe hundreds of people have asked me about this franchise. Most of the questions revolve around #franchise costs, franchise fees and real estate. But why? Why do so many people want to know about this legendary franchise business? Because they can "see" themselves raking in the profits. They can see themselves as franchisees. So what franchise am I talking about, and how much does it cost to open one? This one: https://fran.bz/aEx9wm

Buying a franchise is a significant decision. As a future franchise owner, you need to understand the critical factors that can influence your franchise ownership journey. In this post, franchise industry expert Joel Libava explores three key elements that can make or break your franchise journey. https://lnkd.in/gPV22tWk #franchisedevelopment #franchisebusiness #franchisees

I was asked to add Excelsior Franchise Center's perspective on this article in 1851 Franchise about adding a second brand to your franchise portfolio. https://lnkd.in/gEFZehdS

Have you ever wondered what a franchise is? A franchise gives individuals and businesses the opportunity to follow a proven business model and gain a license to trade as a specific brand or with a specific product. Some of the most famous franchise businesses include McDonalds, Anytime Fitness and Costa Coffee. As a customer a franchise should feel just the same in any location, they use the same operating model, have the same standards and provide the same feeling and experience to people who visit. The UK alone has over 1000 franchise businesses, which operate over 50,000 units generating over £15billion! When you take on any franchise, you pay the franchisor who owns the brand and the license to allow people to trade under their terms. Then there is a monthly fee, which could be a % of profits or a fixed amount. With over 1000 franchises out there, there is a big choice for potential business owners to discover and to find the right match. Working with a franchise and brand that you feel passionate about is key to the success of your business. Franchises within the UK have a very high success rate, with over 97% of franchisees reporting profit for more than 20 years consecutively! *Data from Ashtons Franchise Consultancy, Belvoir Franchise, Franchise Direct, Natwest* #YourManWithAVan #FriendlyLocalMovers #FlexibleFranchise #BusinessOpportunity #FranchiseBusiness

How do I make my franchise successful? 🌟 Check out a great read in franchise.org outlining what makes a successful franchise system. Remember, there's no easy road to success, but by following the process and systems of a franchise system and its community, you have a better shot at success. #franchise #ifa #businesssuccess Paul Rocchio, CFE, IOM Lane Fisher

Unwavering support and comprehensive training for franchisees is essential. From initial setup assistance to ongoing operational guidance, a continual support system fosters the right environment for franchisees to address challenges, enhance performance, and maintain the franchise's standards. If you're considering investing in a franchise, be sure to look for these qualities in your potential franchisor. Learn more about building a successful franchise at  #franchisesuccess #franchisetraining #businessgrowth

Let's narrow the field for your process of choosing a franchise. Before you jump into a franchise call, take a look at these 5 questions from Franchise Help to determine what kind of franchise would be a fit for you. When you've done your due diligence in the discovery process, that's when it's time to research one of our brands at Strategic Franchising. For now, check out the article from Franchise Help right here: https://bit.ly/3Uob4bv