Expert Advice
We know that timely, professional advice is crucial to
making smart business decisions.
Our Expert Advice Articles are written by industry leaders with proven experience in the franchising sector. Our experts cover financial, accounting and legal issues in addition to sound business strategies to help you succeed.
Attract Large Investors to Your Franchise By Learning How to Build a Great Team
Franchising and competitive sport have a lot in common when it comes to building strong teams. As a former college football coach and previous multi-unit franchise owner, I can tell you from experience that there is a synergy that happens when the right people...
Smart Savvy Strategies
You can build the right plan, apply your skills to accomplish almost anything you set your mind to and mitigate risk in the process. A lot of people think of business owners as big risk takers. In reality business owners are big risk avoiders! We acknowledge risk...
Women in Franchising: Alyssa Chumbley
In a business world that is typically male-dominated, Alyssa Chumbley proves it doesn’t have to be. In a business world that is typically male-dominated, Alyssa Chumbley proves it doesn’t have to be. As an accomplished franchisee owner of Express Employment...
Artificial Intelligence in Franchising: High-Level and Practical Deliberations
This article features six critical concerns for which franchise owners need to be intentional when implementing AI in their businesses and how The Franchise Owner's Dashboard framework can support them in the process. As the business landscape evolves, artificial...
Kim Powell Q&A with Franchising Magazine USA
Woodhouse Spa is part of Radiance Holdings, a global company representing a collection of premier brands in the beauty, wellness and self-care sectors and was recently acquired by TSG Consumer Partners. When did you buy your franchise? I bought my franchise back in...
Factoring: How to Finance your Business without Debt or Dilution of Equity
Factoring, or “the sale of accounts receivable,” is a source of funding whereby a company sells the value of their accounts receivable (less a discount in case it doesn’t get collected or doesn’t get paid on time) to a third party in return for immediate payment. It...
Branding: 5 Helpful Tips
If you run a business, you understand the importance of branding. You also know that it tends to get pushed toward the bottom of the priority list. You’re busy and hardly have time to think about branding and we understand. At Clayton Kendall, we want to make branding...
Keys to Buying a Franchise You Can Afford
Franchising has been a popular business model for decades, and for good reason. It allows entrepreneurs to start a business with the support of an established brand and business model. However, not all franchises are created equal. Cost is one of the major...
How to Invest in a Franchise on a Budget
Investing in a franchise can be a great way to start your own business and, in some cases, how to start a business on a budget. After all, the idea of the franchise model is that the franchisor should have figured out the most efficient way for you to open and start...
How to Know if You Can Afford a Franchise
“How much will it cost me?” It is a major question for anyone, regardless of the brand they’re considering investing. Buying a franchise is a major purchase and the risk of being unsuccessful is always there. However, those that are ready for the challenge have a...