
Is a Franchise an Intangible Asset?
When considering a business’s value, one often thinks of physical assets such as equipment, buildings, and inventory. However, there is another type of asset that holds significant value but is not tangible in nature—intangible assets. One common form of intangible

What Is a Franchise Resale? Definition and Meaning
A franchise resale refers to the process of selling an existing franchise unit to a new buyer. In a franchise resale, the buyer acquires an already operational franchise outlet, including its assets, employees, customer base, and the remaining term on

Why Franchisors Should Collect Feedback From Franchisees
The franchise model stands out in the dynamic business world for its unique ability to blend autonomy with unity. At the heart of this model’s success lies the pivotal relationship between franchisors and their franchisees. Understanding this relationship’s nuances is

What Is Multi-Unit Franchising? Definition and Meaning
Multi-unit franchising is a business strategy where an individual or entity—referred to as a franchisee—acquires the rights to operate more than one unit of the same franchise brand. This approach allows the franchisee to open and manage multiple outlets, spreading

How Multi-Unit Franchising Can Increase Your Market Share
In the fast-paced business world, franchising has emerged as a powerful expansion and brand recognition strategy. Among the various franchising models, multi-unit franchising stands out for its potential to significantly increase a company’s market share. By delving into this model,

How Much Does A Franchise Cost? A Guide To Franchise Costs
When considering embarking on a franchise business, one of the paramount questions that crosses an entrepreneur’s mind is, “How much does a franchise cost?” This is a pertinent question since the investment required can vary significantly depending on the type

What Makes a Franchise Successful?
In a world where entrepreneurial spirits are soaring high, a franchise has become a favoured pathway to business ownership, offering a blend of autonomy and support that isn’t typically available to start-ups. But what separates the thriving franchise brands from

What Kinds Of Franchises Can Be Run From Home?
In today’s fast-paced world, the concept of working from home has gained immense popularity. With the rise of the digital era, the opportunity to manage a business from the comfort of your own home has become more accessible. Among the

Are Franchises a Good Investment?
Purchasing a franchise is a widely favoured concept, regardless of background and expertise. Whether you are a novice in the business world or have previous experience in running your own ventures, franchises continue to be among the leading choices for