Jul 9, 2021 | Franchise Disclosure Document, Franchise Opportunity, Scott Milas
In their Franchise Disclosure Document (FDD), franchisors must include a significant amount of information, which is then shared with prospective franchisees, regulators, and lenders. This information includes start-up costs, fees, royalties, the number of units that...
Jul 8, 2021 | Career Transition, Coworking, Franchise Opportunity, Home-Based Franchise, Property Management, Scott Milas, Top Franchises, Uncategorized
When learning about franchising, you will most likely hear about semi-absentee ownership. What does “semi-absentee” really mean, and is it feasible? A semi-absentee franchise model is a business you can own while still working another job. Usually, being a...
Jun 25, 2021 | Amazon Proof, Automotive Franchise, Career Transition, Franchise Opportunity, Scott Milas, Top Franchises, Uncategorized
There Will Always Be Dirty CarsThe Future of Carwashing Is Wrapped Up in a Franchise! I’m writing today to let you know about a very interesting franchise concept: Waterless Carwashing! Like UBER but for Car Washing, this franchise will revolutionize urban car...
Jun 22, 2021 | Career Transition, Franchise Opportunity, Franchise Statistics, Scott Milas, Uncategorized
According to analysis of data from the first four months of 2021, women, especially younger women, lead in the number of investment inquiries made to franchises. Women have surpassed men in share of total prospects for franchise ownership. Women made up 47.8% of...
Jun 15, 2021 | Franchise Opportunity, Franchise Statistics, Uncategorized
Franchise Interest Increasing in 2021 In a recent survey of aspiring business owners, almost two thirds (65.7%) indicated their interest to “buy a franchise” over the other paths to business ownership of purchasing an existing business or starting from scratch. ...
Jun 8, 2021 | Franchise Disclosure Document, Franchise Opportunity, Scott Milas, Uncategorized
Here’s how to make sense of several specific FDD disclosure items to help a potential franchisee determine if they should purse a particular franchise opportunity. Item 19 – Financial Performance Representation (FPR) If a franchisor wishes to share any type of...
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