Another Client Success Story: Meet Ken and Amy Kish Ken and Amy Kish are the proud owners of Floor Coverings International of East Metro Detroit, a turnkey provider of high-quality home flooring options and personalized service. Their entrepreneurial journey, which began many years ago, is nothing short of inspirational, which is why FranNet of Michigan […] The post Another Client Success Story: Meet Ken and Amy Kish appeared first on FranNet ..read more

Buying a franchise is a great option for anyone who wants to own a business without having to start completely from scratch. While franchises vary in size, investing in a small franchise business offers the following benefits:  More affordable entry cost  Simpler operations  Less staff required  Maintain a hands-on approach  Better work-life balance  Purchasing a […] The post What to Look for When Buying a Small Franchise Business in Canada appeared first on FranNet ..read more

Service-based franchises have become increasingly popular as a result of the aging population and peoples’ busy lifestyles. Home services in particular is a rapidly growing industry that’s estimated to be “an over $500 billion-a-year industry in the US” (Invoca). It’s an attractive industry for prospective franchisees “because of recurring revenue and recession resistance, even during […] The post What to Look For When Buying a Home Services Franchise appeared first on FranNet ..read more

While the amount of women pursuing franchise ownership dipped during the pandemic in 2020, Franchise Insights reported that “women are returning to the pursuit of business ownership…and now represent half of all prospects, regardless of age.”  Franchise ownership is a great opportunity for women seeking to be a business owner without having to start from […] The post Franchise Opportunities for Women – Everything You Need to Know appeared first on FranNet ..read more

Buying a franchise comes with several unique benefits when compared to starting a business from scratch. Most notably, franchise ownership allows you to acquire a trusted brand with established operations and systems, mitigating the risks that come with owning your own business. While franchising is the way to go for anyone who wants to hit […] The post 5 Best Franchises to Own For Beginners appeared first on FranNet ..read more

Franchising is a major force in the US economy. With total franchise output increasing by 4.1%,  it is expected to continue growing throughout 2024 despite economic uncertainties.   Anyone starting a business in the US will be subject to various laws and regulations. Franchising is no exception. In addition to federal laws, many states have their […] The post What You Need to Know About Federal Franchise Laws appeared first on FranNet ..read more

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The education market is rapidly growing worldwide. In fact, “Total revenue is expected to show an annual growth rate of 9.11%, resulting in a projected market volume of US$11.83bn by 2029” (Statista). A few key factors driving this growth include:  Parental Demand for Supplemental Education – This includes tutoring, various enrichment programs, specialized learning, and […] The post Education Franchise Opportunities [Trends & Facts] appeared first on FranNet ..read more

Franchising has proven to be a resilient industry that continues to grow even amidst economic uncertainty. The International Franchise Association (IFA) forecasted that franchise establishments will increase by 1.9% and total franchise output will increase by 4.1% in 2024.  Franchising is an attractive business opportunity for entrepreneurs because it offers a proven concept and already […] The post Business Format Franchise – Everything You Need to Know appeared first on FranNet ..read more

FranNet of Michigan Mike Peterson Client Success Story Sep. 2024 Another Client Success Story: Meet Mike and Michelle Peterson   Mike and Michelle Peterson are the proud owners of a Challenge Island franchise in Oakland County, Michigan. Challenge Island is an award-winning educational program that specializes in the STEAM and STEM curriculums. Their entrepreneurial journey […] The post Another Client Success Story: Meet Mike and Michelle Peterson appeared first on FranNet ..read more