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Subway plans to overhaul their initial Franchisee Expansion
Subway Plans Franchisee Overhaul As we hurtle towards the end of 2018, it’s time to look back and reflect on some of the big franchise stories of the year. Earlier this year, franchise giant Subway made headlines when they implemented an aggressive restructuring program, closing or consolidating hundreds of stores across the US. Subway is ...
Why are General Contractors Valuable in TransBlue Franchising?
What is a Contractor? Understanding the role of general contractors and subcontractors in making these projects happen can help you better optimize the results of your own construction management franchise business. Especially for us here at TransBlue, who uses work from general contractors.First, let’s look at what it means to be a general contractor or ...
Private Equity Is Buying More Franchisees and Franchise Systems
But, there are key legal issues of private equity buying franchisees and franchise systems Attracted by the credible promise of a stable revenue stream in franchisee-paid royalties and limited capital investment, private equity investors’ interest in acquiring franchise chains has been increasing. As equity firms keep buying franchisees and franchise systems, certain legal issues might ...
Common Mistakes of Owning a Franchise and How TransBlue Uses Them
Top Mistakes when Owning Franchise If you’re looking to become a business owner, buying a franchise might be your ticket to self-employment. Rather than coming up with a unique business idea and mapping it out, by buying a franchise, you’re simply piggybacking on the success of an already established brand. It’s a great way to ...
Top 5 Mistakes New Franchisees Make In the First Year
Some mistakes new franchisees make in the first year So. You’re the proud owner of a brand new franchise business. You did your research, explored options, investigated the legals fully, and you’re confident that the franchise you’ve chosen to invest in is the right one for you. So you’re fully behind the product or service ...