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Weasley’s Favorite Brands
Understanding the power of branding in business is a key factor in the success of any business. And in the world of franchising, it is no different. More than just a name, a brand can be very powerful. The right branding can give a business a key advantage over its competitors and, over time, can create something very valuable. Our good friend Weasley understands branding and its power. The Range Rover is his favorite car to ride in, a Tiffany dog collar is his favorite accessory and his favorite midnight snack is a McDonald's plain Cheeseburger. It would seem Weasley has good taste in quality products and he understands the power that these brands command in the marketplace. So, what is it about brands and branding that is so effective for franchise businesses? Brands in Today’s Economy For brands to be successful in today’s economy they must be consistent, accessible,...
Read MoreAre Women Better Business Owners?
Women are moving into the business world in a strong way, challenging traditional views that entrepreneurialism and business ownership is a male-dominated environment. Growth of Female Franchise Owners Statistics are showing that women are opening more business than men and they are creating more jobs than men, especially in the world of franchising. According to the National Association of Women Business Owners, more than 11.6 million companies, employing approximately 9 million people, are owned by female entrepreneurs. In all, these female-owned businesses generate over $1.7 trillion in revenue each year. Over the last 20 years, women-owned businesses increased by approximately 114 percent, while the growth rate for all businesses saw only a 44 percent increase. This is a growth rate of more than two and a half times the national average increase. So, why is it that women make for ideal business owners? Franchising expert, Derek Cafferata, CEO and President...
Read More3 Reasons Why Parents Invest in their Child’s Business
Often it’s either a confident yes or an emphatic no when asked, “Will you invest in my business?” Here are 3 reasons why parents choose to invest in their child’s business. 1. Franchising and the American Dream The equal opportunity for prosperity and success is what the American Dream is about, and franchising has and will continue to offer this to many. Franchising offers a significant level of business and career independence. You can work for yourself without working all on your own. You get to utilize and benefit from the franchise who has done the hard work to set up systems, hone their marketing, push their branding and develop the creative direction of the overall business. Franchising offers everyday American’s the opportunity to guide their own career path, set their personal and financial goals and strive for the lifestyle they desire. As a parent, who wouldn’t...
Read MoreALLSTATEFF.COM Receives Fort Worth Business Award
Franchise experts All State Franchise Finders was recently awarded Best Management Consultant in the 2019 Fort Worth Award Program. Having gone up against some impressive competition, All State Franchise Finders were excited to be awarded Fort Worth’s Best Management Consultant for 2019 by the Fort Worth Award Program. The Fort Worth Award Program is an annual awards ceremony where the best of Fort Worth’s business community is recognized. Only those companies who have proven to achieve the best business practices, highest customer service and most successful marketing into the local community are considered for nomination in the Fort Worth Award Program. All State Franchise Finders Leading the Way Specializing in franchise sales and selection, All State Franchise Finders has more than 30 years’ experience in the franchising industry. Leading a knowledgeable and experienced team is CEO and President Derek Cafferata. Derek has an impressive and extensive career...
Read MoreThree Top Reasons to Use a Franchise Broker
Buying a franchise sounds exciting & financially rewarding. And it can be if you have the right advice. Here are 3 reasons to consider using a franchise broker when buying a franchise. What is a Franchise Broker? A franchise broker is someone who works with potential franchisees, helping them through the process of selecting a suitable franchise to invest in. A good franchise broker will have extensive knowledge of the franchising industry locally, nationally and, in most cases, even internationally. Along with in-depth knowledge on franchising, a good broker will also be familiar with, and work with, a vast range of franchise businesses across a wide variety of industries. The role of a franchise broker is to bridge a smooth gap between potential franchisees and their ideal franchise business. Matching a new franchisee to the right franchise business is key to the success or failure of a new business venture....
Read MoreGrowth of Franchising in Today’s Economy
Franchising continues to exceed projected growth expectations. Franchise expert Derek Cafferata helps explain why franchising has such a positive outlook for the future. Franchising into 2020 and Beyond To date, 2019 has seen above expected growth within the franchising industry, growth that has continued on from the previous year. Economic stability, the current Administration, employment and consumer spending are all factors that lead experts to continue with their positive forecast for the small business sector, in particular the franchising sector. Pro-Business Policies The current Trump Administration shows continued commitment to encouraging small business with tax relief, regulatory changes and numerous pro-business policies in order to continue to stimulate the U.S. economy and increase job opportunities and employment nationwide. This is good news for the franchising industry which will only continue to thrive under these types of pro-business policies. Role of Franchising in Small Business Franchising plays...
Read MoreLow-Cost Franchise Opportunities
The dream of owning your own business may be an easier target to achieve than you may think. Take a look at some of these great low-cost franchise opportunities. Starting a business is an exciting dream for many but can also bring significant risk and great cost. However, high risk and lots of money need not be a requirement for becoming a business owner. People are turning to franchising, realizing franchising can be the way to making the dream of becoming a business owner a reality, without risking the family home or life savings and without having a million dollars on hand. Derek Cafferata is a franchising expert who works with everyday people who are looking to move into the business world of franchising. Derek, CEO and President of All State Franchise Finders based in Fort Worth, TX, shares his top three industries for those looking for...
Read MoreTop Franchise Opportunities for 2020
Franchising continues to be one of the fastest-growing business concepts in the U.S. Franchise experts All State Franchise Finders share their top franchise options for 2020. Dry Cleaning Services The laundry and dry cleaning industry has seen steady and consistent growth over the past several years and this trend is expected to continue. According to franchise expert Derek Cafferata, of All State Franchise Finders, one of the benefits of investing in a dry cleaning franchise is the upfront franchise costs. “Buying into a franchise can be an expensive and daunting task,” says Derek Cafferata. “A low-cost upfront franchise fee makes it more accessible for people to invest into their own franchise business.” Dry cleaning franchises are able to be run on lower staff numbers than other types of franchise industries and offer flexible options for the franchisee. There is the option to choose a mobile dry cleaning service or a...
Read MoreBrexit: Opportunity for UK Investors to Consider US Franchises
The uncertainty of Brexit has led to many UK investors considering US franchise opportunities as a viable and more stable investment option. Brexit Brexit is the term given to the United Kingdom (UK) withdrawing from the European Union (EU). Following the June 23, 2016 referendum where, by a tight majority, the country voted to leave the EU, there has been much talk and theorizing of how Brexit will affect many areas of the economy within the UK, Europe and further afield, most notably the United States. The process of exiting the EU has proven to be and will continue to be a difficult and lengthy process. During this time of uncertainty, the Bank of England has confirmed it has plans in place to support the UK’s economy. And lenders are continuing to confirm that there are no significant adverse changes expected. Despite this, some economists are talking of some difficult...
Read MoreFamily Franchise Opportunities
Family business offers unique advantages, but also face unique challenges. Here are some key points to ensuring family franchise opportunities work well for everyone involved. Family Franchising The thought of starting up a business to run with family members is a common desire for many entrepreneurs and franchisees. It may be a husband and wife business combination, a sibling joint venture or a parent looking to build a business up in order to pass it on to his or her children. Combining family and business can lead to the success, or downfall, of any business. Some of the most successful businesses are family-owned and family-run companies, while other businesses suffer from poor planning and unclear family roles and responsibilities, leading to poor performance and, sometimes, failure. As a family business develops and expands, there are some unique challenges that key business leaders must face in order to ensure the success...
Read MoreRecession-Resistant Franchise Opportunities
Whether it’s in an upturn in the market or a downturn, the entrepreneurial spirit doesn’t slow down. For entrepreneurs looking to invest in a new business venture, choosing a recession-resistant franchise is the ideal option. What is a Recession-Resistant Franchise? According to Derek Cafferata, CEO and President of franchising experts, All State Franchise Finders, a recession-resistant franchise is one that is less likely to be adversely affected in an economic downturn. And a recession-resistant franchise is one that offers a need rather than a want. “In a recession, some industries see little effect, while others actually see growth,” says Derek. “A recession-resistant franchise will offer a product or service that people will always need, no matter how much finance they have or don’t have.” During an economic recession, consumers and business still spend money, they simply spend money on products and services that are necessities, not luxuries. Derek recommends future...
Read MoreFemale Empowerment through Franchising
More and more females are finding their feet in franchising, carving out a career that meets business and personal goals. And the franchising industry is all the better for it. Growing Number of Females Moving into Franchising According to a report carried out by American Express, 39 percent of all private-owned businesses are owned by females. Looking at the statistics of females in franchising, between 2011 and 2017 the number of female-owned franchises rose by 83 percent, compared with a 13 percent growth in the number of male-owned franchises during this same period. Some Facts on Females in Franchising The child services sector has the highest number of female franchisees, with 51 percent, closely followed by the hospitality and travel industry with 50 percent, and retail sitting at approximately 43 percent. At the opposite end of the spectrum, the automotive industry has the least number of female franchises, sitting at...
Read MoreFranchise Opportunities for Entrepreneurs
Franchising opens many doors of opportunity for entrepreneurs. Doing business for yourself but not by yourself is a great way to kickstart your own business. Franchising Past and Present The broad concept of franchising dates back to before the 1800s, when local governments would grant particular individuals a licence to collect taxes and keep civil order. During the Colonial Period, those in power would grant protection and authority, in exchange for taxes and royalties, to people willing to set up colonies. Franchising as a business has been around for decades, with the earliest franchises including Coca-Cola, Singer and Rexall. While some of these early franchises succeeded and some failed, it wasn’t until after World War II and into the 1960s that the more modern concept of franchising, as we know it today, began to emerge. Franchising Overview Franchising is where a company (the franchisor) allows an individual (the franchisee) to...
Read MoreSingle Parent Franchise Opportunities
Franchising offers many benefits for single parents looking to take control of their career, finances, lifestyle and future. Single Parents Make for Suitable Franchisees Independence, the ability to lead and great organizational skills are just some of the talents single parents possess in their everyday lives. And it is these same skills and talents that lend themselves to entrepreneurship and, in particular, franchising. Franchising is one of the most popular business models throughout the United States and moving into franchising is becoming more accessible to everyday Americans due to greater options, more flexible financing and development in systems and technologies. Franchising to Suit the Single Parent Lifestyle Managing a job, finances, children and personal life is something every single parent knows about all too well. One of the difficulties many single parents face is the need for some flexibility in their work life in order to manage family life, especially...
Read MoreDisabled Veteran Franchise Opportunities
Moving from military to civilian life can be difficult when it comes to future career options. Franchising opens many doors for disabled veterans looking for their next career opportunity. The move from combat to civilian life can be a difficult transition to navigate for many veterans, especially when it comes future career options. It is commonly recognized by franchisors that veterans make for the ideal franchise candidate. It is for these reasons that more and more veterans are moving into franchising, whether it be on an owner-operator level or as a franchise investor. Franchisors Attracting Veterans It is common knowledge within the business world of franchising and entrepreneurship that veterans make for the ideal franchisee. Veterans tend to bring with them that perfect balance of independence and leadership skill with the understanding of teamwork and the need to fit within a framework of guidelines. According to statistics from the U.S....
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