Smokin' Oak News

When it comes to franchising, site selection involves finding the right location for your business. It will depend on a few factors, including your marketing budget, store size, and local competitors.

According to a 2015 report, franchisees spent as much as 50 percent of their time trying to bring in business. You’re already working hard to run your business, keep your customers satisfied, and take care of your employees.

The changes taking place over the past two years affected the global economy. What’s in store for franchising in 2022? While 2021 was a strong year for franchising overall, 2022 looks even better.

You’ve probably gone to your favorite chain restaurant and thought, “I could totally run this place!” Many people dream of becoming franchise owners, envisioning all of the profits and increased neighborhood standing they could achieve as a result of owning a popular local restaurant.

In 2016, the fast casual restaurant niche grew by a robust 8.1%. Fast casual pizza restaurants hold the largest slice of that pie, at 37%. It’s a trend that isn’t going away any time soon. Indeed, the consumer demand for fast casual eateries in general and fast casual pizza in particular is expected to continue to grow.

There’s no denying that beer is amazing and pizza is delicious. When you put them together, it’s one of the best food combinations around. No matter what your go-to toppings are, the right beer can make your pizza taste even better!

There are many compelling reasons why so many entrepreneurs choose to purchase a franchise business rather than launching a company from scratch. In addition to benefiting from the established brand name and proven business model, entrepreneurs can also receive training and support from the franchisor.

The last couple of years have been interesting ones for business owners, to say the least. Many had to pivot their offerings and service delivery models in order to adapt to pandemic-related restrictions.

U.S. military veterans make great franchise owners when transferring communication, management, and leadership skills to entrepreneurship. Veteran franchise owners are also set up for success with financing from veteran-focused grant and loan programs, as well as supportive communities.

Savvy investors receive a blueprint for success when they work within the franchise framework to build a community-supporting establishment—especially one that delivers consistent quality food and service.