Applying for a Franchise Loan? 5 Things Lenders Want to See
Financing a new franchise? Find out what lenders look for when approving a loan so you can get your paperwork together and create your business plan.
New Industries and Small Businesses Going the Franchise Route
A wave of new franchise opportunities are becoming available, according to a recent article from the Associated Press. For a long time, only certain industries and major brands were synonymous with franchises. But now aspiring franchisees have a variety of options to choose from, outside of traditional industries like restaurants and hotels. Many of these […]
Should You Start Franchising Your Business?
Franchise businesses have evolved beyond fast-food restaurants and gas stations. There are now hundreds of different brands across various industries that offer franchise opportunities to smart and capable people. In fact, the economic outlook is bright for franchises in 2016 and beyond. If you run a successful business, you might have thought about selling franchise […]
Franchise Businesses Poised for Economic Growth
It’s a great time to own a franchise business, according to the the International Franchise Association’s Franchise Business Outlook: 2016 report. For the sixth year in a row, small business franchises are growing at a faster rate than non-franchise small businesses. Here are some of the key findings from the IAF’s annual report: Franchise businesses […]
BKE Partner Dogtopia Positioned for Franchise Growth and Expansion!
Our friends at Dogtopia recently released impressive mid-year financial numbers. The dog daycare industry leader signed 40 franchise agreements in Q1 of 2016 and is on pace to award 100 new stores by the end of the year. Much of Dogtopia’s growth has taken place in its home state of Arizona where 12 units are […]
Considering a Franchise? What to Research
Opening a franchise business comes with quite a few benefits. You get many of the advantages of owning your own business, plus on-going support from the franchise company. If you’re considering opening a franchise business, there is a lot to take into account. Depending on your industry, you likely have a few choices in franchise […]
5 Reasons to Open a Franchise Business
Many of us kick around the idea of opening our own business from time to time. It can seem like a great idea on the surface. You get to be your own boss, make your own decisions, and hopefully become very wealthy if everything goes right. However, the next wave of thoughts can bring you […]
Franchise Disclosure Document (FDD): What to Include
The Franchise Disclosure Document (FDD) is a legal document a franchisor is required to present to a prospective franchisee. It gives a thorough overview of the franchise company’s operations so the franchisee candidate is well-informed before they decide whether or not to pursue the opportunity. The FDD must contain specific information known as “items.” There […]
6 Ways Franchisors Can Help Their Franchisees Succeed
Franchisors and their franchisees both share a common goal – operate a successful business. And both parties lean on each other to make it happen. If you’re a franchisor, your franchisees especially depend on you to give their business a boost. They believe your franchise concept is their best opportunity to run a successful business […]
BookKeeping Express selected as the mandated bookkeeping provider for all UFood Grill, Amada and All About People franchises
ARLINGTON, VA – BookKeeping Express (BKE) is proud to announce we have been selected as the trusted accounting and bookkeeping service provider for all UFood Grill franchisees. The quick-service health food restaurant will open its first franchise location in May and BKE will manage the implementation of their back-office technology and all the day-to-day financial […]