PureFranchise Blog
What Can We Learn from Chick-fil-A’s Dramatic Growth
I knew Chick-fil-A was on to something when I read that its first unit in NYC, Manhattan was attracting huge lines of customers. If you’ve been in NYC recently you know that there are about ten food options per block and New Yorkers can be pretty jaded with so many...
How Sub Sandwiches and Professional Baseball Match up
When I first talked with Drew Sutton in April of 2016, he had signed up with the Jersey Mike’s Sub franchise to open three stores in Texas. Because of the huge leap from a baseball career to owning and managing sandwich shops, this was a major decision for the...
Seven Important Considerations When Buying a Franchise
The International Franchise Expo (IFE) just concluded in New York City last week where I conducted three workshops for those interested in the various issues involved in franchising. It’s easy to get excited when you’re serious about buying into a franchise business...
To Buy or Not to Buy a Service Franchise
The U.S. service business sector is becoming increasingly important, both in the business-to-business(B2B) and the business-to-consumer (B2C) segments. And so it goes for franchises also where service franchises often sell faster than product franchises, the old...
McDonalds: Powerful Corporation or Unappreciated Societal Institution
I never expected to read about the importance and value of McDonald’s in Peggy Noonan’s year end (2016) column which I saw online but perhaps was first published in the Wall Street Journal. It was entitled “Shining a Light on ‘Back Row’ America” and talked about a...
What’s Next for the Food Business?
A few months ago I read an article in the Wall Street Journal in which the CEO of Yum Brands, Greg Creed, was interviewed. Yum Brands is the owner of fast food franchises, Taco Bell, KFC and Pizza Hut. Some of the interview centered on the spin- off of Yum China,...
What Do Picking Stocks and Buying a Franchise Have in Common?
This past summer I came across an article in AARP magazine (yep, the publication for those over 50) called “The Wisdom of Warren”. In the article, Warren Buffett, a legendary investor ranked as world’s third wealthiest person, puts forth some advice for building a...
Read These Books Before Franchising Your Business
Iron sharpens iron – especially when it comes to entrepreneurship. From industry conferences to seminars, podcasts and more, there are hundreds of ways to glean insights about franchising your business. Even in the midst of our fast-paced society, a good book is...
All Roads Lead to Growth
One of the biggest realities about franchising is that it isn’t for everyone. An entrepreneur may have all the groundwork laid for business growth. However, without the most appropriate strategy in place, he or she is less likely to tap into full growth potential. The...
Ready, Set, Grow: Knowing When to Franchise Your Business
Franchise business ideas are a dime a dozen. As a franchising advisor, I meet hundreds of entrepreneurs who are eager to introduce me to the next big concept. From out-of-the-box cleaning businesses to quirky dining concepts, the industry certainly isn’t void of...
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