Why FBA Launched the Broker of the Month Program
In the context of our ongoing mission to recognize, appreciate and foster a competitive yet collaborative community of talented entrepreneurs and trusted brands, we launched the Broker of the Month program. Each month FBA commits to honor, recognize, shed light on one of our top performing brokers who exemplifies the core values of our association. […]
Invest in Yourself – Even in Hard Times
There are a few difficult things in this world that we all experience, regardless of country and culture. These are wars, pandemics, and economic hardships. And though these make for tough times – throughout history, we have overcome them each time. As the economy starts to slow – both here in the US and globally, […]
If You Believe These 10 Franchise Myths, You May be a Misinformed Buyer
Myths, illusions, smoke and mirrors – these are tools of deception that can lead even the savviest professionals astray. It’s so easy to believe an ideal – even when the ideal is just inaccurate information in disguise. The franchise industry isn’t devoid of these myths. Misconceptions and half-truths cloud the judgment of even the most […]
How to Find Out if a Brand is a Franchise or Not
If you’re accustomed to dining out, refueling at gas stations, and paying for various services such as home maintenance, healthcare, or entertainment, then you’ve most likely encountered the world of franchising. Now, you might be wondering, “Do franchises dominate the consumer industry since they’re involved in major sectors such as food, transportation, and healthcare?“ The […]
Best Hands off Franchises to Invest in
Before we get into the best hands off franchises – consider this. There’s a fairly common analogy about nurturing your business like you would a plant. Just as the seeds you lay down need sunlight, water, and nutrients to grow deep roots – any business you invest in needs the same level of care and […]
How to Become a Franchise Broker: Your Guide to Business Ownership
Business comes in all sorts of varieties and sizes – but before the digital era we live in, business owners were thought of as the people running your local shops and restaurants. A place where customers physically visited to purchase the products and services offered. Traditionally, owning a business also meant having employees to assist […]
Which Industries are Most Likely to Franchise?
If you’re in pursuit of business ownership in the franchise industry, you’ve come to the right place. But before you ask the question of ‘which industries are most likely to franchise,’ we want to share this analogy with you regarding what goes into choosing the right business opportunity. Imagine the early stages of shopping for […]
What is the Failure Rate for a Franchise in 2024?
In recent years, the perception of franchising has seen a mix of skepticism and optimism. You might have encountered articles suggesting that franchising isn’t a secure investment, citing high failure rates. However, much of this stems from a lack of accessible, accurate information on franchising statistics. We’re here to shed some light on these numbers […]
FBA’s Roadmap to Franchise Success
If you’re interested in buying a franchise, or are curious about what the process looks like – we have 8 steps to finding franchise success. Franchise buyers that come through our association work with franchise brokers at no cost. Doing so not only reduces the amount of brand research and industry confusion many new buyers […]
Building the Franchise Brokers Association
Recently, the Franchise Brokers Association celebrated 14 years in the industry – and as it stands, FBA is unlike any other franchise membership group. Our focus on building an interconnected community of brokers, buyers, and brands sets us apart. Here, everyone gets guidance and support through their quest to find good business opportunities. In July […]
Subway’s Not the Only Successful Sandwich Shop
In 1965, what started as a small sandwich shop, created as a way to help 17-year-old aspiring doctor, Fred DeLuca, pay his bills – turned into an empire brand over 55 years later. Subway seems to keep its reputation as a majorly successful sandwich shop, considering it ranks 3rd globally for the number of locations. […]
Can You Purchase Franchises Under 50k? The Answer’s Not That Simple.
You’ve got $50k burning a hole in your pocket, a dream in your heart, and a thought roaming in your mind: “Can I start a business with this amount?” Then reality taps you on the shoulder. You realize that building a business from scratch isn’t quite what you’re looking for. After all, the thought of […]