Almost three-quarters of the 80 million Millennials in the U.S. say they want to be entrepreneurs, and most of them are perfect candidates for buying franchises, but almost no one’s marketing to them.

When taking the leap into expanding your franchise business, it’s important to consider how to grow without spending unnecessary time and dollars. Research, outside experts and managing costs can help maximize your return on investment.



 



By Ma

Recruiting former C-Level executives to your franchise can be an intimidating, but worthwhile process if executed the right way.

When a franchise is thrust into the national spotlight, it’s their responsibility to make the most of it, both in the moment and in the future.

Many military veterans find that the skills learned serving their country, such as respect, patience, initiative, teamwork, organization and risk tolerance, apply directly to running a franchise business.

Franchising’s high-achieving, multi-unit franchisees share views on key topicQuestion: What are the top three obstacles franchisees should consider when moving from a single unit to multi-unit franchise?

A brand’s heart beats to a rhythm of a central, driving passion. Always be clear on what that passion is.

Working in various roles for a franchise business gives a unique perspective on the big picture. Chief among the lessons learned is that processes need constant re-evaluation.

Bootstrapping growth for the single-unit franchisee.

Being persistent and prepared, repetitively perfecting one’s craft, working as a team, learning from failures and possessing confident leadership skills are all characteristics of a successful professional athlete.