The Franchise Blog 4 Vets

Investing In A Franchise Is Not Like Investing In The Stock Market

There's certainly risk in both, but investing in a franchise has it's differences...

For example, when you buy an individual stock, the more shares you purchase up front, the bigger the potential payoff. Of course, the more shares you buy, the more money you can lose, too.

When you buy a franchise, in every case except one, the amount you invest does not have a direct bearing on what your potential income will be. In other words, there is no automatic correlation between what you invest in a start-up franchise, and what you can make. Most of the folks that I share this with, never knew this fact. They figured that the more you invest, the more your potential income will be.

Continue reading this important article

Kitchen Tune-Up Ranked High Again

Kitchen Tune-Up has been named one of the top 500 franchises in the United States, ranking #151 in Entrepreneur Magazine's Franchise 500 . A home remodeling franchise concept offering a variety of cost-effective services to renew surfaces, add features, and improve a room's layout, also ranked #1 in the Building and Remodeling category, leading this division for the past 20 years as well as #43 on the Top Home-based Franchises and #119 on the Top Global Franchises.

The rankings for all 500 companies are determined using an exclusive formula that takes into account objective and quantifiable factors. The most important factors include financial strength and stability, growth rate and size of the system. The franchises that grew the most were the ones who serve a budget-minded consumer, didn't cost as much to set up, or both.

My friend, Rieva Lesonsky and her team over at AllBusiness.com ranked Kitchen Tune-Up really high, also.

Look!

Check out www.kitchentuneup.com

This Could Help You Secure A Franchise Loan

"This" would be a stellar, rock-solid, strong as steel, business plan...

Wouldn't it be nice to walk into your bank, full of unstoppable confidence? If you walk in with a strong business plan, there should be no stopping you! So, how do you write a strong business plan for your franchise?

You have a few choices:

• Pay a Certified Public Accountant {CPA} to write one up for you...with some input from you
• Contact a local Small Business Development Center. {SBDC} They can give you some free counseling, and help you with it.
• Buy a book on business plans
• Buy a business plan software package 

(Affiliate link)

Palo Alto Software has been creating business plan software for years.

Here's what one banker said about Palo Alto's business plan software;

"I cannot think of any other software product on the market that is as useful and beneficial to new business owners as Business Plan Pro."
- Carolyn Cole
Vice President
Pacific Continental Bank

Check it out.

(Affiliate link)

Franchise Email Marketing Awards

The Franchise Excellence in Email Awards will recognize outstanding achievements in email marketing in three categories as judged by Constant Contact’s Franchise team.

If you are a franchisor, and you feel that your email marketing is really strong, here's more info on this great contest...Here

Veterans; Free Online Course On Franchising Being Offered

Are you at a crossroads? Are you thinking about becoming the owner of a franchise business, but just don't have enough facts yet?

Here's a way to find out some franchise basics. Free of charge.

You'll learn about things like;

• The definition
• Investment amounts
• Types of franchises
• Pro's and con's

You'll also learn when the time may be right to invest in your own franchise, and much, much more...

Click the banner, and you'll find the Free Course!

 

McDonald's News; Inventor Of The Quarter Pounder Passes On

Al Bernardin, the inventor of the McDonald's Quarter Pounder, died Dec. 22 in Fremont, Calif., after suffering a stroke. He was 81.

Mr. Bernardin went to work at McDonald's corporate headquarters in 1960 and quickly rose to be the dean of Hamburger University, McDonald's training center.

Later, he was the vice president of product development, and he played a major role in the formation of McDonald's signature fish sandwich, french fries, and hot apple and cherry pies.

But Bernardin's claim to fame came in 1971, when, as a franchise owner in Fremont, he introduced the Quarter Pounder, with the prophetic slogan, "Today Fremont, tomorrow the world."