Franchises with initial investment costs under $100,000 continue to grow, according to the International Franchise Association, with mobile and home-based businesses among the most popular models. But ...

Who can take credit for being the first to implement the franchising model is debatable. According to this report by the International Franchise Association, it is widely believed the first franchisor ...

In this model, the franchisee purchases the rights to open and operate one franchise location. This is often attractive to individuals looking to start their own business without building it from ...

All too frequently, entrepreneurs who are not prepared to be franchisors request my legal services to help them offer franchises. The common scenario involves a passionate customer approaching the ...

People often ask me the same question: "How do I know if franchising is the right decision for me?" As the leader of the International Franchise Association (IFA), I know some things to be true: ...

Many years ago, the most common franchise was the traditional brick and mortar location such as fast food restaurants and storefronts. Modern technology has brought a variety of business models to the ...

HaKika Wise's Black Box Franchising helps other small business owners to become franchisors by converting their businesses into franchises. In 2018, BLACK ENTERPRISE readers were introduced to HaKika ...

As we all know and have experienced, Detroit is a thriving city on the move and a great place to live, work and play. For the first time in nearly 70 years, the city’s population is rising. Its ...

As companies look to scale their brands without sacrificing control or taking on excessive capital risk, franchising serves as a highly strategic path to expansion. Franchising goes beyond a legal or ...

The restaurant industry is not for the faint of heart. It’s a high-pressure environment defined by razor-thin margins, relentless competition and an ever-shifting consumer landscape. At our restaurant ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...