Franchise News & Press Releases

Neighborly | Franchising Territory – Finding The Best Place To Start A Business

Franchising Territory: Finding The Best Place To Start A Business

If you’re considering investing in a franchise, one of the first things you’ll need to do as you work through your initial checklist of priorities is to develop a business location strategy – which means being crystal clear and purposeful about your franchise territory.

Most franchisors will offer a defined business territory for you to work in, but there are some key things you’ll need to consider before you sign on the dotted line. The location configuration, size, and composition of your territory, as well as the terms imposed by the franchisor, will help you determine the best territories for your franchise and help you down the path to franchise ownership.

Why Does Location Matter for a Business? &n…

SYNERGY HomeCare Announces Newest Franchise in Deerfield Beach, FL

Family Man Opens His Arms to Those in Need in His Florida Community

March 06, 2023 // FranchiseMarketingSolutions.com // Gilbert, Ariz. - SYNERGY HomeCare has a new location, SYNERGY HomeCare of Deerfield Beach.

The company is owned and operated by Frank DeCicco, who has spent over 20 years connecting with his community through his involvement with youth sports and his multiple family ties.

Headquartered at 1761 W. Hillsboro Blvd., Suite 403 in Deerfield Beach, FL., the company serves the residents of Deerfield Beach, Pompano, Pompano Beach, Margate, Parkland, Coconut Creek, Coral Springs and Lighthouse Point.

SYNERGY HomeCare of Deerfield Beach provides clients with a wide variety of non-medical care options, from companion care to personal care to specialized care for people with chronic health conditions or recovering from illness or surgery.

Becoming an owner of a SYNERGY HomeCare franchise has been on DeCicco’s mind since 2012, when …

Home Services Opportunities | How Many Businesses Are Franchises In The USA?

According to the International Franchise Association's Franchise Business Economic Outlook for 2021, there are approximately 773,603 franchise establishments in the United States. This includes both domestic and international franchise brands across various industries such as food service, retail, automotive, and healthcare.

Franchise businesses also contribute significantly to the U.S. economy. According to the same report, franchise businesses are expected to generate $477 billion in economic output in 2021 and support more than 8.3 million jobs. Additionally, the report notes that the franchise industry is expected to continue to grow in the coming years, with an estimated 1.5% increase in the number of franchise establishments and a 5.8% increase in economic output in 2021 compared to the previous year.

Quickly & Easily Discover Top Home Services Franchise Opportunities Listed Alphabetically

Home Services Opportunities | What Is The Success Rate For New Franchises?

The success rate for new franchises can vary depending on several factors such as the industry, the franchise model, the franchisee's experience and skills, and the location of the franchise.

However, according to the International Franchise Association's Franchise Business Economic Outlook for 2021, franchise businesses in the United States have a higher success rate compared to independent businesses. In fact, the report states that the 5-year success rate for franchise businesses is around 90%, compared to around 20% for independent businesses.

This is because franchises typically come with an established brand, proven business model, and ongoing support from the franchisor, which can help reduce the risks associated with starting a new business. Additionally, franchisors often provide their franchisees with comprehensive training and support, which can help them navigate challenges and make informed business decisions.

However, it's important to n…

Home Services Opportunities | How Does A Franchise Work?

How Does A Franchise Work?

A franchise is a business model where an individual or group (the franchisee) is granted the right to operate a business using the name, branding, products, services, and operational systems of an already established business (the franchisor).

Here's how a franchise typically works: Franchisor provides the franchisee with a license to use their brand name and business systems, along with training and ongoing support. Franchisee invests in the franchise and agrees to pay ongoing fees to the franchisor, which can include an initial franchise fee, royalties based on sales, advertising fees, and other charges. Franchisee sets up their business using the franchisor's established systems, such as product sourcing, store layout, and customer service procedures. Franchisee typically has some level of autonomy in running their business, but must follow the franchisor's guidelines and standards to ensure consistency and quality across…

Don and Craig Randall of FirstLight Home Care Awarded Franchisee of the Year by the IFA

March 03, 2023 // FranchiseMarketingSolutions.com // LAS VEGAS, NV - The International Franchise Association (IFA) has named Don and Craig Randall, owners of multiple FirstLight Home Care territories in South Carolina and North Carolina, as a 2022 Franchisee of the Year. The Randalls were honored at the 63rd IFA Annual Convention in Las Vegas, Nevada, for being outstanding franchise establishment owner-operators.

“Franchisee of the Year recipients represent the best in franchising,” said Matthew Haller, president and CEO of the International Franchise Association. “This is the highest honor IFA awards to individual franchisees, and local business owners like Don and Craig Randall exemplify the power of franchising and its positive contributions to communities around the world."

The Franchisee of the Year Award, sponsored by IFA’s partner Paychex, recognizes leading franchise owners from IFA member brands whose outstanding performance and contributions help prot…

LuAnn Martinson of Owl Be There Awarded “Franchisee of the Year” by the IFA

March 03, 2023 // FranchiseMarketingSolutions.com // LAS VEGAS, NV - The International Franchise Association (IFA) today named LuAnn Martinson, owner of an Owl Be There franchise in Charlotte, NC, as a 2023 Franchisee of the Year. Martinson was honored at the 63rd IFA Annual Convention in Las Vegas, Nevada, for being an outstanding franchise establishment owner-operator.

“Franchisee of the Year recipients represent the best in franchising,” said Matthew Haller, president and CEO of the International Franchise Association. “This is the highest honor IFA awards to individual franchisees, and local business owners like LuAnn Martinson exemplify the power of franchising and its positive contributions to communities around the world.”

The Franchisee of the Year Award, sponsored by IFA’s partner Paychex, recognizes leading franchise owners from IFA member brands whose outstanding performance and contributions help protect, enhance, and promote the franchise business …

Buddy’s Home Furnishings Reflects on 2022 Success

March 03, 2023 // FranchiseMarketingSolutions.com // ORLANDO, Fla. - Buddy’s Home Furnishings, a retailer specializing in the sales and rental ownership of furniture, electronics, appliances and home accessories, ended 2022 with 39 new franchise agreements awarded and 28 new franchised locations opened. The rent-to-own retailer closed out the year with a total of 338 locations operating nationwide.

As part of that growth, Buddy’s multi-operating groups bebe stores, inc., MTM Ventures and Kappa Investments, LLC, signed a combined total of 10 new franchise agreements and opened 8 stores last year.

Franchise owners Robert Smith and Ernie Thompson of WRE, LLC signed an agreement to convert six of their Hometown Sales & Leasing locations to Buddy's storefronts. Although new to Buddy's, WRE has operated in Virginia since 2002.

“In the past, balancing backend and operational issues along with merchandising has been a …

Tyler Fuss of LIME Painting Awarded Franchisee of the Year by the IFA

Tyler Fuss of LIME Painting Awarded Franchisee of the Year by International Franchise Association

March 02, 2023 // FranchiseMarketingSolutions.com // DENVER, CO - The International Franchise Association (IFA) named Tyler Fuss, owner of LIME Painting in Northern Colorado as a 2023 Franchisee of the Year. Fuss was honored at the 63rd IFA Annual Convention in Las Vegas, Nevada, for being an outstanding franchise establishment owner-operator.

“Franchisee of the Year recipients represent the best in franchising,” said Matthew Haller, president and CEO of the International Franchise Association. “This is the highest honor IFA awards to individual franchisees, and local business owners like Tyler Fuss exemplify the power of franchising and its positive contributions to communities around the world.”

The Franchisee of the Year Award, sponsored by IFA’s partner Paychex, recognizes leading franchise owners from IFA member brands whose outstanding performance and cont…

Meet Chuck & Lia, the faces behind the new DreamMaker Bath & Kitchen in Burlington County, NJ

March 02, 2023 // FranchiseMarketingSolutions.com // New Jersey - One of Chuck Bendixen’s favorite aspects of remodeling is using creativity, ingenuity, and a passion for quality to help people realize their dreams.

“We firmly believe in enhancing lives and improving homes; it’s what brought us to the DreamMaker family,” Chuck says.

After a ribbon-cutting with Chamber of Commerce and Grand Opening event on Feb. 20, the DreamMaker Design Center is open. Moorestown neighbors who are interested in kitchen, bath or interior remodeling are invited to make an appointment for a free consultation.

DreamMaker’s Bath & Kitchen services include kitchen, bathroom, and interior remodeling, accessible remodeling (safety and mobility features for the aging or disabled), general contracting and cabinet refacing — all provided with craftsmanship and ethical excellence.

“At DreamMaker, the bottom line is people and integ…

Assisted Living Locators Provides Guidance To Improve Patient Recovery Outcome

Assisted Living Locators Provides Guidance To Improve Patient Recovery Outcome, Help Family Caregivers

March 02, 2023 // FranchiseMarketingSolutions.com // SCOTTSDALE, Ariz. - Assisted Living Locators, a no cost nationwide senior placement and referral service, is on a mission to improve patient recovery outcomes and help family caregivers through the care transition process.

Transitions of care, when a patient moves from one care setting to another, can be a vulnerable time, With national data from the Centers for Medicare and Medicaid Services revealing that only 50 percent of patients with Medicare Part A coverage successfully return to home or community following a short stay in a Skilled Nursing Facility (SNF).

"At Assisted Living Locators, we understand that transitions of care can be a vulnerable time for patients and their loved ones," says Founder/Brand President Angela Olea, RN. "That's why our team of Care Coor…

Questions To Ask When Evaluating A Franchise

14 Questions To Ask When Evaluating A Franchise

You’ve done the research and made the decision that you want to invest in a franchise. From your research, you may know that franchising offers potential entrepreneurs an opportunity to start and grow a business quickly and efficiently using an established business plan. However, you probably have franchise questions and may need a little more information.

Before you make the investment and hang that “Now Open” sign, potential franchise owners should come prepared with these questions to ask when buying a franchise. 7 Questions To Ask A Current Franchise Owner

Talking to current franchise owners, from the franchise system that you are interested in, is an invaluable source of information. Current franchisees can provide information about the industry and your potential franchisor.

Here are 7 questions to ask a franchise owner to help you better understand what you can expect from your investmen…