First Prize Franchise

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First Prize Franchise is the world's leading franchise opportunity and small business resource. It is the proven winner with entrepreneurs requesting a direct source of franchise opportunities, businesses for sale and business opportunity information.

General Franchising News

Written at 8:18 pm on October 30th, 2008

Find the Right Franchise Category

When you are starting a franchise, your success is largely depended on which of the many franchise opportunities you choose. A major part of your research regarding a franchise business should focus on how different franchise concepts are categorized and which category is best suited for you. Below are some of the ways in which various franchise opportunities can …

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Written at 3:07 pm on October 18th, 2008

Does Your Credit History Affect Your Ability To Start a Franchise?

Starting a franchise is a big decision where various factors are taken under consideration. But, one of the major factors is finding the funds required to buy a franchise. For that, you will need a loan at some point of time. Whenever you go to take a loan, the first thing that matters the most is your credit …

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Written at 5:45 pm on October 2nd, 2008

Questions to Ask Other Franchisees When Evaluating a Top Franchise

While evaluating various franchise opportunities, you need to don your detective cap. You are required to go through each and every document, verify the claims and most importantly, talk to other franchisees in order to make sure of the viability of the franchise offer. In your UFOC, there will be a list of franchisees under the company and on Discovery …

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Written at 12:22 am on September 16th, 2008

Why You Might Need Help Finding the Right Location

Ask any seasoned businessman what is the first thing required for success and chances are he/she will reply “location, what else”? In fact, there are a number of businesses, which won’t succeed without a proper location, no matter how much hard work and money you put in. food and retail industries are such areas that come in mind when …

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Written at 4:36 pm on August 27th, 2008

How To Get the Most Out of Your Training Program

The training program of the franchisor is the base of your success as a franchisee. But, many of the franchisees enter the franchising business without any prior knowledge of the line of work. For them, the training is the first step in knowing the business. Even if you come from business background, you have to keep in mind …

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Written at 6:24 pm on August 22nd, 2008

Build Your Franchise Into a Million-Dollar Success

Starting a franchise is quite easy for both the franchisor and the franchisee nowadays. But, finding success with that franchise business is not that easy. Still, there are various things that can turn a low cost franchise into a million dollar business. The success of the franchisor and franchisees are not independent; none of them can taste success, if …

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Written at 6:24 pm on August 22nd, 2008

Why Goal-Planning Is Important

“If you don’t know where you are going, every road will get you nowhere.”

- Henry Kissinger, American Politician and Secretary of State

This saying of Henry Kissinger is very true in case of a franchise business. The franchise business arena is more complex than simple business field; similarly the goal planning process in a franchise business is not only important, …

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Written at 5:45 pm on August 18th, 2008

Fibrenew

Fibrenew specializes in the restoration of leather and plastics, servicing 5 major markets: Aviation, Marine, Automotive, Commercial and Residential. Home based-Monday-Friday-few or no employees to start, low-overhead, high-margin.
This is a Work-at-Home Franchise Opportunity
Background
Year Established: 1987
Year First Franchised: 1987
Franchised Units: 175
Company Owned Units: 0
Projected New Units (12 months): 20
States/Countries Registered In: All but North Dakota
Availability …

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Written at 3:50 pm on August 13th, 2008

Why the Business-to-Business Franchise Category is Growing

The small business sector is undergoing a major boom. From franchises to independent start-ups, the market is filled with various new businesses that can be termed as small. But small businesses often don’t have the resources or expertise to handle all the tasks that go with running a business: payroll, accounting, recruiting and the like. In addition, as larger …

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Written at 2:58 am on August 1st, 2008

Are You Cut Out for a Franchise Business?

In today’s uncertain economic condition and disillusion with corporate America, it’s quite common to find people looking forward to buy a franchise. Are you one of them? If yes, then, have you started to look for a suitable franchise opportunity? But before you start doing that, there’s something that you must carry out and it’s thorough self-introspection. Finding success …

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