Allegra in the News: Franchise Industry Highlights

You may be thinking first in terms of total volume or unit dollar sales. But first things first, are entrepreneurs buying into the franchise—both opening new locations and snapping up re-sales? That’s the key benchmark, because its implications are much broader and more telling. A franchise system that sustains growth opening new locations (expanding) and…

Having worked in sales and management roles in consumer electronics for over 25 years, Jim Barton was ready for a change in 2018. “I’m someone who tries to always do the right thing, but not one who simply wants to do what I’m told by others,” said Barton. “So, when my partner in life, Cindy…

Business opportunities come in all different shapes and sizes.  As you can imagine, so does the price tag.  In the July/August 2019 issue of Franchise Canada magazine read the article written by Jessica Burgess and titled, “Printing a Ticket for Success”.  This article reveals how new owners Amber Shah and Saif Haq purchased a KKP…

Pursuing your dream of business ownership can require significant funds and acquiring a franchise (as opposed to purchasing an independent operation or starting from scratch) is no exception. As published online by The Balance Small Business, Common Franchise Costs notes that most franchise fees are between $20,000 and $50,000. On top of that, you’ll likely…

If you investigate enough franchise opportunities, you’re bound to come across one with a master franchise strategy. Here’s an explanation of the concept, and a review of its implications for you. While many franchising organizations work one-on-one with their franchisees (i.e., direct franchising), others will enlist the assistance of a master franchisor. The parent organization…

In a recent Franchise Canada magazine article, author Karen Stevens writes: “After the initial excitement of learning about the multitude of franchise opportunities out there, it’s important to seriously consider all of the financial details so that you can sign on that dotted line with confidence.”   When buying a franchise, “among the myriad of…

There are a lot of factors that go into making a franchise a winner, chief among them is matching the right opportunity with the right entrepreneur. Of course, the location will also be key. For some opportunities, you’ll rely on the expertise of the franchisor. The better ones will have a set of “site criteria”…

Every day when we ask prospective franchise owners why they want to own their own businesses; they eagerly tell their stories. Abridged versions include electing to run from office politics and boarding too many airplanes, to profiting from their own hard work and spending more time with their families. Whatever the reasons, they are the…

After you’ve expressed serious intent on purchasing a franchise and at least two weeks before you sign a Franchise Agreement, the franchisor will provide you with a Franchise Disclosure Document. Mandated by the Federal Trade Commission, the FDD is drawn up by franchise lawyers. It can run to hundreds of pages — a good portion…

By all measures a success in the food wholesale industry, Curtis Hoessly had a problem. The need to call on national accounts led to countless days and nights on the road. Even weekends at home were often cut short by travel commitments. Family time with his wife, son, and daughter suffered as a result. An…

In order to boost revenues and protect themselves against the inevitable ups and downs of the industry, today’s printing franchises are evolving in two ways. They’re capitalizing on new technologies and trends related directly to printing. Also, printing franchises are diversifying into related fields, offering products and services that might be considered natural extensions of…

Ask any group of franchise owners what motivated them to acquire and operate a business and it’s likely most will say it’s the opportunity to be their own boss. Many of them began their careers in corporate life and grew weary of answering to others, dealing with office intrigue and not being rewarded fairly for…