Top Franchising Resources to Check Out
If you’re looking for franchising resources, ZOR411 can recommend a few! Starting a new franchise is a big decision, and you’ll need to make sure that you haven’t overlooked any important details when you get going. Independent research is more critical than ever, and with endless information on the internet, you need to find franchise development resources you know you can trust. Here are a few of our recommendations.
Entrepreneur is one of the most trusted sources for information on franchising, partly because they’ve been publishing their annual “Franchise 500” since 1979. As such, their team is highly connected to the franchising space and has extensive knowledge of up-and-coming brands, industry trends, and what to look for in franchisors and franchisees alike. Browsing their website is a great way to get up-to-date on what’s happening in the franchise space.
Franchise Direct is another invaluable franchising resource for newcomers. Their ultimate goal is to connect entrepreneurs with franchisors and prospective franchisees, helping to facilitate growth. Like Entrepreneur, Franchise Direct publishes recommendations and current events related to franchising. However, they also have a solid database of valuable information about how franchising works – their “Ultimate Guide to Franchising” is a great place to start.
The SBA has published many practical guides designed to keep entrepreneurs informed about best practices. One of their most useful franchising resources is the SBA Franchise Directory, which lists brands eligible for SBA financing. Many entrepreneurs choose to take out an SBA loan to cover some of the costs associated with opening or starting a new franchise. It’s a popular option because these government-guaranteed loans often come with low-interest rates and no penalties for early repayment.
We’d be remiss if we didn’t throw ourselves into the mix! We’ve developed a number of valuable franchise development resources for anyone that’s considering turning their business into a franchise. Unlike other franchise development firms, we don’t merely offer pay as you go services to the brands we represent. Notably, we create lasting relationships as we collaboratively build franchise brands up and help them grow. We invest our own time and capital into the brands we partner with, and we have a vested interest in their success.
One of the best things about partnering with ZOR411 is you don’t need to be an expert in franchising. Our team already knows the ins and outs of how to build a strong franchise, and as part of our PGXT program, we walk our franchise partners through each process by helping them develop training programs and operational systems, manage their brand as well as create a well-defined Franchise Disclosure Document and much more. You don’t need to worry about overlooking any important details with ZOR411 behind you!
If you’re interested in turning your business idea into a franchise, contact ZOR411 to learn more about the process and how we can help.