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.
The Race to Place: How the Boomer Gen is Birthing More Business
From this year to 2030, the U.S. assisted living facility market is expected to grow at a CAGR of 5.48% says grandviewresearch.com. This population has an estimated 71.6 million people, only surpassed by the millennial generation. The need for better living...
Communication is Everything – 8 Actions Lead to Success
Effective communication between franchise owners and their team is critical for success. You, franchise owner, are your team's leader. They look to you for answers, inspiration, and expectations. Therefore, it's your responsibility to learn how to communicate...
Overcoming Fear Of Success
The three big fears I work with franchise candidates to overcome are: The Fear of Failure, probably the most common and most candidates can identify when they are experiencing this fear and will see gathering information as a path through it by answering their...
Why Telling Your Story Adds Depth to Your Franchise Training
If you were creating a historical overview training program for Apple, would you forget to mention Steve Jobs? If you were designing training for Walmart sales associates, would you forget to mention Sam Walton – the visionary company founder? And if you were training...
How to spot an undervalued franchise
It’s not often that buying a franchise is described as getting a bargain. Typically, buying a franchise costs more at first than setting-up an independent business, but this is usually offset by improved cash flow, faster achievement of breakeven, more effective...
Winning Kids Concepts to Fit Your Future
From epic entertainment to necessary care, kids concepts are a staple in the franchise marketplace. Due in part to a culture shift in favor of kid-centric spending, children’s franchises have continued to grow in popularity - and profitability- over the past two...
Value of Education Franchises Grows During Pandemic
Franchises in the education industry received a substantial boost from an unlikely source: the pandemic. Education enrichment franchises were already experiencing strong growth before COVID because of the increased competition for spots in leading universities...
Huntington Learning Center is the nation’s leading tutoring and test prep provider dedicated to giving every student the best education possible.
Huntington was founded in 1977 by Dr. Ray and Eileen Huntington and remains a family-led organization. 45 years later we are steadfast in our mission and passionate about innovating ways to provide families with modernized instruction and tools to establish strong...
Franchising with a Focus on Kids
When deciding upon starting a franchise, one of the biggest considerations is your target market. Who you’re looking to serve as customers can determine requirements such as location, expenses and staff training needs. When a franchise is aimed at serving the youngest...
Dr. Tricia Groff: How Franchise Leaders Can Create Work Environments to Build Higher Team Cohesion
You have your processes optimized and your service or product is tight. But the people? How do you get them running together instead of in different directions? How do you harness the power of unified effort? There is good news and bad news: you have a lot of...