Blog

Perspectives and knowledge for ambitious people on their path to entrepreneurship.

Why are franchise entry fees so high?

Most franchise systems charge entry fees. These costs are part of the business model. But beyond the right to use a brand, what else can you expect in return for your investment?

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Audience Questions from the Live Webinar

In this video, we share highlights from the Q&A session of our live webinar "5 Facts About Franchise You Need to Know". The questions were strongly focused on the topics of fees and financing.

Young businessman making notes in a positive mood

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Do you have what it takes to become your own boss?

What personality traits set successful entrepreneurs apart? Our self-assessment gives you insights across 5 categories and helps you find out whether you have what it takes to become a successful entrepreneur.

Man meditating on a yoga mat, contemplating a life change

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3 Sure Signs That It's Time for a Change

Change is rarely easy. Everything inside us resists it, and we fight back. We convince ourselves that now simply isn't the right time for a change. When my child leaves home…, when the weather gets warmer…, in the new year… Does any of this sound familiar?

Employee comparing his salary with his potential earnings as a self-employed person

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How do I compare a monthly salary with an entrepreneur's income?

When you start toying with the idea of leaving employment to launch your own business, you inevitably arrive at the same question: how much will I earn as a self-employed person? As an employee, you have one figure firmly in mind: your monthly net salary. As a self-employed entrepreneur, it works differently.

Analyst evaluating the business model of a franchise concept with pen and paper

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What Makes a Good Franchise System? – Part 2

Filtering out the most pivotal information from the vast amount of documents and conversations you will gather during your system research is critically important when it comes to making the right decision about your franchise venture. To help you approach your research in the most organised way possible, this article series will walk you through the key criteria by which you can evaluate the service packages offered by different franchise systems.

Businesswoman takes a close look at the figures of the franchise system

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What makes a 'good' franchise system? - Part 1

You've reached a point where you're seriously considering the possibilities of starting a franchise. By now, having seen information about some systems, you're likely asking yourself: 'What should I actually pay attention to in the vast amount of information provided? How can I know if a system is suitable for me?'

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Your personal development comes first

If you want to build and run a successful business, you need to become aware of your own strengths and weaknesses. Personal development and entrepreneurship are closely intertwined. How conscious are you of this fact?

Happy businessman in conversation with a franchise consultant

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Achieve Success Without Detours with Franchise Consulting

Starting your own business is a big step. At the crossroads of your career, potential founders face difficult questions and considerations. It can be enormously advantageous to not take the path alone.

Woman using a calculator to work out financing

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How does the financing of a franchise purchase work?

Franchising means buying into a business model as a self-employed individual. This is typically done by signing a franchise agreement, along with the payment of an entry fee that in most cases runs into five figures. This article covers the essential fundamentals you need to know about franchise financing.

A businessman working on a laptop and taking notes in a notebook.

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The Franchise Manual

How do you know whether a franchise system delivers on its promises? The franchise manual provides detailed insights. The franchise manual is an "operating guide" for franchise businesses and a core element of a well-run system.

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5 Signs That a Franchise System Is Not Right for You

If you come across any of the following 5 signs, it may be worth digging deeper – or, if doubts are well-founded, removing the system from your shortlist altogether.