At Apex Franchise Development Group we believe and strive to create alignment between the Franchisor and Franchise owners. We call this alignment Foundational Franchising. We create Foundational Franchising by identifying the true purpose of the organization. Our belief is that all of us, including the franchise organization, must be driven by more than money or […]
Becoming a franchisee is a life changing decision. For most, the purchase of a franchise means transitioning out of a career, operating your own business for the first time, and investing ones hard earned savings. The good news, in virtually all scenarios, people prior to you have already made the same life changing decision. In […]
Franchising can be an attractive vehicle for businesses to achieve scale. Ask yourself these seven questions before you consider franchising your business. 1. Can my concept support franchising? Is your concept able to support a royalty structure? If your current business cannot achieve 20%+ EBITDA without royalty and marketing fees included in the P&L franchising […]
When most people think franchises they think McDonald’s. A global multinational brand which almost can’t fail. However, for much of the industry that is far from the case. According to a recent IFA conference there are more than 2,000 active Franchise systems under 20 units and almost 3,000 Franchise systems under 50 units. But how […]
When investigating franchises to purchase it is vitally important you ask the right questions to representatives from the brand. Here are seven questions to keep in mind when conducting due-diligence on franchise opportunities: 1. What makes your brand better than the competition? – As a potential franchisee and business operator you need to know and […]
