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Category Archives: Franchising Your Business

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Multi-Unit Franchising on the Rise

By Godfrey Legal |

In the past, franchises may have owned one or two franchises of a popular business. Nowadays, companies are owning dozens, hundreds, and even thousands of businesses. There are currently more than 420,000 franchised units owned by 234,000 franchisees. This means multi-unit operators are shaping the future of franchising, controlling more than 50% of all… Read More »

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Franchising

Franchising Marketing in 2024

By Godfrey Legal |

A franchise requires a lot of work. Franchisees and franchisors alike need to stay on top of promoting the band. This means engaging in effective marketing trends. Technology is always changing. So are the ways that humans react to marketing messaging, especially in an ever-changing climate. There’s a lot of uncertainty with the economy… Read More »

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Franchise

Choosing the Right Franchisees

By Godfrey Legal |

When you think of franchising, you may think of an entrepreneur choosing the right brand. But it goes another way as well. Not a lot of information can be found when it comes to the franchisors choosing the right franchisees to operate their brands, but it’s just as important. A harmonious fit should be… Read More »

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FranchisingBusiness

Financing Your Franchise

By Godfrey Legal |

Owning a business is a dream that many Florida residents have. They are tired of dealing with bosses telling them how to run their lives. They are tired of doing meaningless work and having to put up with mean co-workers. As a business owner, you can hire who you want and work the hours… Read More »

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Franchising

The Truth About Franchising

By Godfrey Legal |

Many Florida residents have been bitten by the entrepreneurial bug. They think it’s fun and exciting to own their own business and basically do what they want. However, once they think it over, they decide that operating a franchise would be easier. While statistics seem to paint franchises as nothing but sunshine and rainbows,… Read More »

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Hot Franchises For 2023

By Godfrey Legal |

2022 has been a rough year for many people. The economy is unstable, with the price of gas, food, housing, and everything else going through the roof. Stocks are dropping. Many people have been laid off from their jobs as companies decide to go back to the office. Affordable housing has been nonexistent, leading… Read More »

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FranchiseBusiness

Why You Might Not Want To Franchise Your Business

By Godfrey Legal |

In the past, franchising was primarily limited to fast food restaurants. That has changed in the past decade, though. Now it seems as though every business model can be replicated, from pet care to oil changes to retail to travel to pest control. As a business owner, though, you need to be aware that… Read More »

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FranchiseLaw

How To Choose The Right Franchise

By Godfrey Legal |

When COVID hit the United States in early 2020, people started evaluating their lives and careers. Is working 9-5 how they want to spend the rest of their working careers? Do they want to work their butts off to make someone else rich? This led many Florida residents to quit their jobs and pursue… Read More »

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Rise In Microfranchising

By Godfrey Legal |

When you think of franchises, popular fast food restaurants such as McDonald’s and Taco Bell come to mind. However, not all franchises have to be large, well-known companies. Smaller franchises, called microfranchises, are gaining in popularity. Microfranchising began in less-developed countries to help pull residents out of poverty. In a nutshell, it involved selling… Read More »

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FranchiseBusiness

Franchising In The Food Industry After COVID

By Godfrey Legal |

The COVID pandemic created a lot of challenges for businesses, particularly restaurants. Fast-food restaurants were allowed to stay open to some degree, but dine-in restaurants, particularly ones that focused on fine dining, were forced to close for public safety. Many pivoted by allowing delivery and to-go orders, but others closed permanently. While franchising offers… Read More »

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