Owning and operating a franchise offers several benefits over starting a business from scratch. Most people know that franchising typically allows entrepreneurs to get up and running faster with an established...
5 Challenges Small Business Owners Face and How a Franchise Could Help
6 min
5 Challenges Small Business Owners Face and How a Franchise Could Help
Running a successful business today requires extensive knowledge, skills, resourcefulness, and more. With 20% of small businesses failing within the first year and about half shut down after five years, gettin...
The Evolution of Private Equity in Franchising: A Journey with Neighborly
3 min
The Evolution of Private Equity in Franchising: A Journey with Neighborly
As the Chief Development Officer at Neighborly, I've witnessed firsthand the profound impact of private equity on the franchising landscape. Over the past 19 months, or rather 20 years, Neighborly’s perspectiv...
When getting into anything new for the first time, understanding the industry jargon and debunking the myths are part of navigating it all–it’s no different in franchising. It’s important to familiarize yourse...
Franchising 101: What Is a Franchise Disclosure Document?
6 min
Franchising 101: What Is a Franchise Disclosure Document?
Every franchisee’s journey starts with a critical step: encountering the Franchise Disclosure Document (FDD). As the cornerstone document of the franchise relationship, the FDD is your outline of what you need...
Are you feeling exhausted, overwhelmed, and emotionally drained from your work? If so, you're not alone. In today's fast-paced world, burnout has become a common issue, affecting individuals across industries ...
Home-Based Franchises: Considerations for Millennial Entrepreneurs
6 min
Home-Based Franchises: Considerations for Millennial Entrepreneurs
Unlocking the doors to entrepreneurial dreams doesn't always require a corner office in a bustling city or a sleek storefront on Main Street. Enter the realm of home-based small business franchises – a game-ch...
How to Grow a Construction Business with Service Diversification
6 min
How to Grow a Construction Business with Service Diversification
In the dynamic world of construction, businesses need to innovate to stay competitive and profitable. In fact, running a successful construction business involves more than just the ability to build structures...
Buying a Franchise: Can I Still Be Independent as a Franchisee?
6 min
Buying a Franchise: Can I Still Be Independent as a Franchisee?
The entrepreneurial spirit is a powerful thing. Many entrepreneurs want to create and build something wholly their own, do things their own way, make independent decisions, and build a legacy. However, this tr...
Like a child in a candy store, the business opportunities available to entrepreneurs today are exciting and plentiful. With choices from every industry imaginable, the question isn't about the number of opport...
Understanding the Franchise Business Model: From Fast Food to Home Services
5 min
Understanding the Franchise Business Model: From Fast Food to Home Services
What is the first thing that comes to mind when you think of franchising? For a lot of people, a fast-food franchise is the first thing that will come to mind when thinking of buying a franchise. And understan...
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