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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 2:57 am on August 1st, 2008

Qualities That Make a Good Franchisee

A good franchisee is essential for a franchisor in order to fulfill his dream of owning a successful franchise chain. Hence, you must be very critical in the selection of the candidates who wish to buy a franchise from you. To help you in your selection procedure, here are some tips on recognizing a good franchisee:

• Avid learner: A franchisee …

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Written at 8:10 pm on July 23rd, 2008

Schakolad Chocolate Factory Offers a Six-Stream Income Source That Molds Unemployment Woes into Sweet Dreams

With the country heading into economic recession, there is one dilemma that cannot be ignored: unemployment. Lay-offs and downsizing have people scrambling for means with which to support themselves and their families with no immediate relief to the rising cost of living in sight. For those having a passion for chocolate and dreams of opening their own business, though, hard …

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Written at 8:01 pm on July 23rd, 2008

Misconceptions about Becoming a Top Franchise

Are you a successful business-person with a burning ambition to expand your business? Then you can consider franchising your business to spread your brand-name. But, are you reluctant, because you have heard disparaging remarks about this line of business? Then here we clear some of the misconceptions would-be franchisors have.

• It is full of litigation: It is a well-known fact …

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Written at 7:59 pm on July 23rd, 2008

Experience Matters Most When It Comes to a Food Franchise

One reason why everyone loves to buy a franchise is that most franchises don’t ask for people with experience in the industry. However, there are many franchise opportunities that specifically call for people with some background. Nowhere is this more important than in the food franchise category.

Running an eating establishment is complex. The franchisee has to manage everything …

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Written at 7:58 pm on July 23rd, 2008

Will Your Franchisors Marketing Plans Work In Your Market?

A franchisee depends on the franchisor for many things. One of the most crucial is the marketing plan. Marketing is a vital part of any business, so, it’s natural for the franchisees to be a little apprehensive about following someone else in this matter. That is why when you are evaluating a franchise concept before starting a franchise; note …

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Written at 7:57 pm on July 23rd, 2008

Choose the Right Franchise Opportunity in Shaky Economy

Today, the economy is recession-hit and the costs of everything, from food to oil, are spiraling out of control! Corporate America is also downsizing by cutting jobs and outsourcing many departments. Hence, now is the time to go solo, but not with stand-alone businesses. Instead, you can enter the business world by starting a franchise. Well, there are many pitfalls …

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Written at 3:02 pm on July 3rd, 2008

Bear Creek Serves Up Coffee Opportunity With No Franchise Fee

There are several benefits to starting a franchise and some downsides as well. But there are some unique business opportunities. The licensee program of Bear Creek Coffee is certainly one of them. The coffee chain, famous for its micro-batch roasting process, started to offer business licenses for sale in 1999 and to date, is served in more than …

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Written at 12:21 am on June 27th, 2008

Now Is the Right Time to Buy An AmeriCare Alliance Franchise

In this environment, one can not pay attention to what the stock market is doing, or how many homes are in foreclosure. The number to pay attention to is the growth in the home care franchise industry. Baby Boomers are retiring every day and people are living longer. Those two factors make the home care industry thrive, no matter the …

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Written at 7:20 pm on June 26th, 2008

Steps to Take to Prepare Yourself to Own Top Franchise

Many self-made millionaires did not have formal education, but all of them had an acute business sense. That business sense is something that many Harvard graduates may lack; this is something you hone through your dealings in life rather than learning by heart from some books. Your job, your handling of family finance or even your old scout training may …

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Written at 2:51 am on June 24th, 2008

Evaluate Low-Cost Franchises Cautiously

If you look into the different franchise opportunities available in the market, you will find that many are labeled as low cost franchise. That label can have opposite effects on the person looking to buy a franchise. He or she will either go for it based solely on the low cost, or shy away fearing that there will be …

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