Congratulations, you’ve found your buyer, agreed on a purchase price, and have a deal in place to sell your franchised business. You are months away from realizing the value of the hard-earned equity you have built over the years through countless hours of work, investing, and reinvesting—and in many cases, risking it all to achieve … Read more
Name:Jason Crabb Title:owner-operator Brands:N-Hance Wood Refinishing Territories: 3 Years in franchising:Less than 1 Jason Crabb is new to franchising, but not to entrepreneurship. He bought his first N-Hance Wood Refinishing franchise in October 2021 and kicked off his business just a few months later in January. In March, he jumped … Read more
Photograph: Shutterstock Defining when a restaurant chain or other franchisor is accountable for the labor practices of franchisees has been identified by the National Labor Relations Board (NLRB) as its top regulatory priority, signaling a likely return of a regulatory battle that engulfed the franchise business for years. Franchisors have faced the threat of being … Read more
Ohio-based Scramblers is transitioning from a mom-and-pop family business launched in the late 1980s into a growing franchise brand carving out its niche and crafting a new, complementary brand. Behind the wheel of the brand’s marketing efforts is Kelly Buerk, director of franchising and marketing. “Our company figured out what we do best and … Read more