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1. Frantastic: There&rsquo;s no shortage of Frantastic brands&mdash;and Frantastic people&mdash;at IFE 2017. From <a href="https://1851franchise.com/details/2703020/Non-Restaurant-Brands-Best-of-the-Best-International-Franchise-Expo" target="_blank">non-restaurant concepts that are on the rise</a>&nbsp;to <a href="https://1851franchise.com/details/12544/Restaurant-Brands-Best-of-the-Best-International-Franchise-Expo" target="_blank">established restaurant brands</a>, the exhibitors in New York are all working to stay ahead of the curve and the latest industry trends. And if you&rsquo;re walking the floor and want to know which brands are a must see, look for 1851&rsquo;s Best of the Best sign at their booth.

2. Franlebrity: The real Franlebrities at shows like IFE are the prospective franchisees. Not only do they have the opportunity to walk the floor and learn about different concepts, but they also have the chance to discover a business ownership option that has the potential to change their life. These prospective owners will ultimately help drive the franchising industry forward in the months and years ahead.

3. Frash Money: Item 19 is the darling when it comes to understanding how much Frash Money you can potentially make when you invest with a specific brand as well as how much it&rsquo;ll cost to get involved with a franchise concept. Understanding those two things will help candidates make the most out of their future business.

4. Frant of the Week: In this week&rsquo;s Frant, No Limit Agency* CEO Nick Powills explains why the franchise buying process is going to take longer. Between unemployment and the current political climate, prospective franchisees are taking their time to do their due diligence before making the leap to actually invest. And in order for brands to stand out to candidates and be a part of that buying process, they&rsquo;re going to have to be creative with their messaging.

5. Franch Forward: The prospective franchisees at IFE 2017 are new to the industry. So in order for them to Franch Forward, they need to focus in on the one brand that they believe will be the best fit for them. It&rsquo;s difficult to break into the industry while trying to diversify your portfolio at the same time or take on multiple units. But by getting to know the ins and outs of one specific concept, franchisees are able to make a more informed decision.

6. Fran Funny: FranElmo. Enough said.

7. Franspiration: For those walking the floor at IFE, it&rsquo;s important to keep an open mind. When it comes to deciding what franchise is the best fit for you, it may not be the biggest or most obvious choice in the segment. There are 500 franchise concepts at IFE alone, meaning that there are numerous opportunities for prospective owners to find the franchise that capitalizes on their strengths.

8. Franemies vs. Frands: Shout out to IFE for being a great Frand this week. Be on the lookout for tons of interviews live from the show on 1851, and check out our <a href="https://www.facebook.com/1851magazine/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=the-8-june-16-2017-2703050" target="_blank" rel="nofollow" target="_blank">Facebook page</a> for ongoing live coverage. And if you&rsquo;re in New York at the show, swing by 1851&rsquo;s booth for an interview!&nbsp;

The 8 | June 16, 2017

1851 Franchise

https://www.youtube.com/embed/Z3Iqxp7y0dc

The top eight things you probably didn’t need to know about franchising this week.

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HomeTeam Inspection Service

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HomeTeam Inspection Service Builds Strong Real Estate Agent Relationships, Boosting Franchise Owners’ Success

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Father-Son Team Brings HomeTeam to Northern Virginia to Increase Impact on Real Estate Community

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Urban Bird Hot Chicken

10 Reasons to Buy an Urban Bird Hot Chicken Franchise - 1851 Franchise

10 Reasons to Buy an Urban Bird Hot Chicken Franchise

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Caring Transitions

Meet Nan Hayes: The Industry Trailblazer Strengthening Caring Transitions’ Operational Leadership

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Griswold

Griswold Celebrates Record-Breaking Best of Home Care Recognition, Including No. 1 Ranked Provider Nationwide

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Buying a Franchise Masterclass

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KKR Nears Deal for Nothing Bundt Cakes at $2 Billion

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Prince St. Pizza Partners With Dave’s Hot Chicken Franchisee for National Growth

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KKR to Acquire Nothing Bundt Cakes in $2 Billion Deal -  1851 Franchise

KKR to Acquire Nothing Bundt Cakes in $2 Billion Deal

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FTC Settlement Puts New Focus on Franchise Disclosure Standards - 1851 Franchise

FTC Settlement Puts New Focus on Franchise Disclosure Standards

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Applebee’s Franchisee Files for Bankruptcy as Dine Brands Moves to Acquire 53 Units - 1851 Franchise

Applebee’s Franchisee Files for Bankruptcy as Dine Brands Moves to Acquire 53 Units

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How much can franchisees make? It’s a question many prospective owners ask before investing in a franchise. While earnings tend to be driven by variables such as industry, location and general management skills, a proper understanding of the key factors driving profitability can help franchise owners develop expectations that are realistic.&nbsp;Multi-unit franchisee&nbsp;<a href="https://www.linkedin.com/in/mangesh-patel-9368569/">Mangesh Patel</a>, who’s readying the launch of six&nbsp;<a href="https://www.beefobradysfranchise.com/">Beef ‘O’ Brady’s</a> restaurant locations in the Macon, Georgia area, shares insights from his franchising experience.<h2>Understanding Franchise Income</h2>Keeping operational costs in check can have a major impact on overall earnings. Taking a proactive approach to expenses such as food and labor, as well as payroll and scheduling, can help align actual franchise income with general expectations for the business.“I just had a meeting with a couple of people, and they said, ‘You talked about a 25% profit margin, but I’m only doing 12%.’ So, I looked at the figures they sent me,” Patel said. “Their&nbsp;<a href="https://1851franchise.com/calculate-restaurant-franchise-profit-2730476">restaurant</a> food cost was running at 37%, which should be around 30%. The national average is about 32%. If I do things correctly, my average food cost needs to be at or below 30%. And payroll should run around 18%. But many people run 25 to 28%.”So,&nbsp;<a href="https://1851franchise.com/unraveling-franchise-earnings-how-much-can-you-really-make-2723935">how much can franchisees make</a>? Here are five areas to consider.<h2>Practical Tips for Prospective Franchisees</h2><ol><li>Control Costs From Day One:&nbsp;It’s important to monitor payroll, food and supply costs closely. Overstaffing and inefficiencies can quickly reduce profits.</li><li>Plan For The Opening Surge:&nbsp;Traffic within the first few months of opening is likely to be higher. It’s important to adjust staffing and inventory accordingly, and pay close attention to how those levels change as time goes on.</li><li>Invest In Training:&nbsp;Properly trained workers can help reduce waste and improve overall service, which has a direct effect on net income.</li><li>Understand Your Market:&nbsp;Each market is unique and revenue potential will vary depending upon location, demographics and competition.</li><li>Track Metrics Regularly:&nbsp;Food cost percentages, labor ratios and weekly sales data act as key indicators operations may need to be adjusted.</li></ol><h2>What Profitability Really Comes Down To</h2>Patel notes that if franchise owners manage labor and costs properly, it’s not impossible to achieve strong cash flow even in the first year, bucking some franchising trends.So,&nbsp;<a href="https://1851franchise.com/how-much-can-you-make-as-a-franchise-owner-2724761">how much can franchisees make</a>? While results tend to vary, careful planning, disciplined operations and a proactive approach to assessing initial costs are essential. But by grasping and guiding the elements that drive franchise profitability, franchise owners can maximize overall business earnings, scaling a business that’s sustainable financially over the long term.Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our&nbsp;<a href="https://1851franchise.com/power-rankings">Power Rankings</a> to read more on brands making moves.

How much can franchisees make? This guide explains what drives franchise earnings and how to manage costs, with expert tips from multi-unit owner Mangesh Patel on maximizing your franchise income.

How Much Can Franchisees Make? A Guide for Prospective Franchise Owners

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What makes a business franchise-ready? Not every successful business is properly suited for franchising automatically. A&nbsp;<a href="https://1851franchise.com/the-ultimate-guide-to-franchising-your-business-phase-1-laying-the-foundation-how-to-perform-a-financial-health-check-2730590">franchise-ready business</a> is one that can be replicated in a reliable fashion while supported by strong systems, scalable in a manner which maintains quality and customer experience across multiple business locations.<h2>Replicability Is Key</h2>A business has to be able to deliver the same product or service with consistency regardless of location. Without processes that are replicable, a franchised business risks the type of inconsistencies that can bring considerable damage, potentially impacting the success of both brand and franchisee.“When you're looking at something new, you have to make sure it's replicable,” said&nbsp;<a href="https://www.linkedin.com/in/michelle-holliman-2132313/">Michelle Holliman</a>, Vice President of Franchise Development at&nbsp;<a href="https://www.pigtailsandcrewcutsfranchise.com/">Pigtails &amp; Crewcuts</a>. “You have to be able to replicate what you think is going to be a good business in your market location.”<h2>Attention To Detail Matters</h2>Prepping a business for franchising goes far beyond the initial concept.&nbsp;“If it was in a different state or a different country, could you get the same vendors?” Holliman said. “Can you get the same quality? Can you provide the same experience?”So, what makes a business&nbsp;<a href="https://1851franchise.com/should-you-franchise-your-business-and-are-you-ready-now-2730073">franchise-ready</a>? Well, owners need to strongly consider operational details, from sourcing vendors to the hiring of staff while maintaining high quality standards. Consistency needs to be delivered even when it comes to duplicating small details. Having a structured framework – which includes proprietary operations manuals as well as a properly-prepared financial disclosure document (FDD) – can help ensure that franchise owners are in possession of clear guidance which can help them replicate the business in a consistent, successful fashion.<h2>Practical Steps To Prepare Your Business</h2><ol><li>Ensure Replicability – Standardizing processes, services and products can help ensure they’re able to be duplicated with consistency regardless of location. &nbsp;</li><li>Build Strong Systems – Develop operations manuals, training programs and vendor agreements that deliver support to franchise owners. &nbsp;</li><li>Secure Capital – “Make sure you're capitalized,” Holliman said. “Make sure you have a good FDD.” Adequate funding is crucial when it comes to scaling a franchised business.&nbsp; &nbsp;</li><li>Pilot and Refine – Test the business model across multiple settings in order to properly assess challenges and optimize processes, delivering consistency. &nbsp;</li><li>Focus on Ongoing Support – Even post-launch, continual support for franchise owners can help ensure consistent quality, improving the odds of long-term franchising success. “You’ll pivot, update and upgrade your operations manual,” Holliman said. “Things will get better. That’s progress.”</li></ol><h2>The Takeaway</h2>What makes a business franchise-ready? A&nbsp;<a href="https://1851franchise.com/the-ultimate-guide-to-franchising-your-business-phase-2-creating-the-franchise-system-how-to-create-a-pilot-program-2730595">franchise-ready business</a> combines operations that are replicable with strong systems and sufficient capital. Entrepreneurs should be continually investing in training, documentation and general franchisee support in order to scale efficiently and effectively.&nbsp;By taking these steps, and focusing on consistency, businesses can better prepare for successful growth that’s sustainable while providing zees with a clear path to brand replication.Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our&nbsp;<a href="https://1851franchise.com/power-rankings">Power Rankings</a> to read more on brands making moves.

What makes a business franchise-ready? Discover expert tips on what makes a business franchise-ready, including replicable systems, strong support and the key steps to prepare a business for growth.

What Makes A Business Franchise-Ready? A Guide For Prospective Franchisees

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Where should I open a franchise? It’s one of the earliest and most important questions prospective franchise owners face. Selecting the right location can have an impact on everything from customer traffic to overall profits.&nbsp;According to&nbsp;<a href="https://www.linkedin.com/in/liam-finn-9a801914a/">Liam Finn</a>, Director of Franchise Sales with&nbsp;<a href="https://www.weareradianceholdings.com/">Radiance Holdings</a> (which&nbsp;represents a collection of premier brands in the beauty, wellness and self-care sector),&nbsp;a data-driven approach can help deliver long-term success.<h2>Analyze Market Potential</h2>Before selecting a&nbsp;<a href="https://1851franchise.com/location-location-location-five-tips-to-help-you-choose-the-right-franchise-real-estate-2725149">location</a>, it’s crucial to ponder local demand, population trends and competitor presence. So, where should I open a franchise? Well, a franchise in a growing market with significant interest in the franchised services being offered is likely to improve overall chances of success.“Every market gets analyzed for long-term visibility. We also make sure that we have protected territories for each of our franchises which is designed to help preserve their investment,” said Finn. “Because our model is built on strong occupancy, we only award territories where we believe our franchisees can build and maintain that occupancy year after year. We look at the demand for salon suites, how they're growing nationally and how more stylists want the independence of business ownership. We make sure any market supports that model.”<h2>Practical Considerations for Location Selection</h2><ol><li>Evaluate Competition – It’s important to understand where national and independent competitors are in operation. “We know that spacing is important compared to where our existing locations are and where other national and independent competitors are operating,” Finn said. &nbsp;</li><li>Leverage Data Analytics – Utilize market research, demographic trends and other customer behavior data to analyze the viability of any potential franchise site. Data analytics can help prevent oversaturation,&nbsp;<a href="https://1851franchise.com/franchise-territory-rights-franchising-rules-2730020">protecting your investment</a>. &nbsp;</li><li>Assess Traffic And Accessibility – Look at elements like foot traffic, visibility and overall customer convenience. Easy access tends to influence revenue directly. &nbsp;</li><li>Consider Territory Protection – Confirm whether the franchise opportunity offers protected areas, preventing overlapping territories with fellow franchisees. &nbsp;</li><li>Project Growth Potential – It’s important to play the long game. Can the market sustain multiple units if the franchise owner makes the decision to expand down the line?</li></ol><h2>The Takeaway</h2>Selecting the right&nbsp;<a href="https://1851franchise.com/uncharted-territories-understanding-a-franchises-territorial-rights-2722948">franchise location</a> goes beyond merely gut instinct. So, where should I open a franchise? Well, it requires research, strategic planning and a careful examination of market dynamics. By assessing the competition, understanding general customer behavior and properly utilizing data analytics, prospective franchise owners can make better decisions which can improve the chances of overall, long-term success.Ultimately, choosing the right franchise location means balancing opportunity alongside the idea of protection, reducing risk. Careful evaluation and strategic planning can help ensure that a franchise not only opens successfully but thrives in the coming years.Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our&nbsp;<a href="https://1851franchise.com/power-rankings">Power Rankings</a> to read more on brands making moves.

Where should I open a franchise? In this guide, learn where to open with expert tips on market demand, competition, territory protection and data-driven strategies for long-term franchising success.

Where Should I Open a Franchise? A Guide For Prospective Franchisees

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Franchising can be a powerful way to expand a business. But&nbsp;<a href="https://1851franchise.com/how-long-does-the-franchise-opening-process-typically-take-2712130">how long does it take</a> to franchise a business? That answer is far from one-size-fits-all. In fact, the answer depends on the business model, readiness of the market and general preparation.<h2>Understanding the Timeline</h2>The franchising process requires careful preparation to ensure a given business is replicable, consistent and profitable. And while it’s possible to ramp up quickly, it may not be a wise move in the long run.So, how long does it take to franchise a business?&nbsp;Even once documents are ready, there’s more to consider.“Assuming you have a good business model to start, you could be able to franchise in about four months in a nonregistration state,” said&nbsp;<a href="https://ifranchisegroup.com/">iFranchise Group</a> CEO&nbsp;<a href="https://www.linkedin.com/in/markcsiebert/">Mark Siebert</a>. “Registration states take a little longer. But you could be franchising in seven months.”&nbsp;While it’s possible to get going quickly, most investors want to review three to five years’ worth of proven financial results and profitability in order to take a franchised business seriously.“You need to get development people and support staff,” Siebert said. “In my opinion, the minimum time it would take goes from six months to a year.”&nbsp;<h2>Key Factors That Could Affect Your Timeline</h2><ul><li>Business Readiness:&nbsp;“Ultimately, the question of if your franchise is franchisable is if you can sell it,” Siebert said. So, it’s important to ensure the franchise concept is profitable and scalable with a strong, proven, dependable system in place.&nbsp;</li><li>Regulatory Requirements:&nbsp;<a href="https://1851franchise.com/what-are-franchise-registration-states-2716362">Franchise registration laws vary by state</a> (which can extend an already potentially lengthy process).</li><li>Operational Infrastructure:&nbsp;Hiring and training support staff, creating manuals and coordinating development resources, before going to market, is critical.</li><li>Market Competitiveness:&nbsp;If you’re entering a crowded sector, timing and a “sizzle factor” matter. “If you’re going head-to-head with McDonald’s,” Siebert said, “you’d better be pretty slick.&nbsp;There’s tons of competition.”</li><li>Financial Metrics: Investors and potential franchise owners look for strong returns proven over time.&nbsp;</li></ul><h2>The Takeaway</h2>So, how long does it take to franchise a business? While a fast-tracked process might take just four to seven months in some states, most businesses should plan for more than a year. Proving credibility, systems and profitability can help to build a franchise opportunity that can&nbsp;<a href="https://1851franchise.com/the-speed-of-franchise-growth-how-fast-should-you-expand-2712430">scale in the long-term</a>. Careful preparation, strong operational infrastructure, consistency and a strong business model are essential to building an attractive franchise opportunity.By understanding the timeline and planning strategically, you can turn your business into a franchise-ready opportunity that’s appealing to investors and future franchisees alike.Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our&nbsp;<a href="https://1851franchise.com/power-rankings">Power Rankings</a> to read more on brands making moves.

How long does it take to franchise a business?

In this guide, learn how long it takes to franchise a business and the key factors that impact timing with expert tips to prepare your company for successful expansion.

How Long Does It Take To Franchise a Business? A Guide for Franchisors

how-long-does-it-take-to-franchise-a-business-a-guide

Beef 'O' Brady's Franchise Costs, Fees, Profit and Data for 2026

Franchise Opportunity Deep Dive: Beef ‘O’ Brady’s is a family sports pub concept built around community, casual dining and lifelong local loyalty.

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image of urswim franchise deep dive costs and fees and investment range

Franchise Opportunity Deep Dive: A purpose-driven swim instruction and aquatics management franchise offering at-home, indoor and community-based swim programs.

urSwim Franchise Costs, Fees, Profit and Data for 2026

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Amada Senior Care Franchise Costs, Fees, Profit and Data for 2026

Franchise Opportunity Deep Dive: Amada Senior Care is a non-medical home care, assisted living placement, and related senior-support services with multiple revenue streams.

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Visiting Angels Franchise Costs, Fees, Profit and Data for 2026

Franchise Opportunity Deep Dive: Visiting Angels is a senior home care franchise focused on in-home support for seniors and individuals with disabilities.

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Franchise Opportunity Deep Dive: A fast-casual restaurant brand serving made-from-scratch sandwiches, salads, soups and pizzas rooted in Southern hospitality.


The 8 | June 16, 2017

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