Tag - Franchising

Put Yourself First: Multi-Unit Franchise Investments

The investment world is intimidating for many people. Do you put everything in real estate? Play the stock market? Trust your broker’s plan to riches? Should you play it safe and stick your savings in a bank? The answers are different for every person. After working with hundreds of franchisees, we’ve learned that investing in yourself by finding something you’re passionate about and pursuing it can be personally rewarding. Groundwork for a Financial Future We want to let you in on [...]

By   Jan, 22, 2018  Industry , ,
VetFran Pinot's Palette Owners

Veteran Franchisees Open South Hill Paint and Sip

What do Harry Truman, George W. Bush, and Pinot’s Palette® franchisees Ray and Heidi Leonard have in common? They all served in the National Guard. While the former presidents may have focused on national security and foreign relations, Ray and Heidi are learning to focus on local community and customer relations as owners of the South Hill, Washington Pinot’s Palette. But Ray and Heidi haven’t left their day jobs. The couple met in the Army National Guard, were deployed on [...]

By   Sep, 25, 2017  Featured Owners , , ,
Couple Buys Established Pinot's Palette Studio

Opportunity Knocks: Couple Buys Established Pinot’s Palette Studio in Ellicott City, MD

“Present opportunities are not to be neglected; they rarely visit us twice,” Voltaire said. Rod Vese and Lisa Pape may not have been reading 18th century philosophy when opportunity knocked on their door, but they still embraced Voltaire’s advice. The couple had visited various paint and sip studios and particularly enjoyed relaxing evenings at the Pinot’s Palette® in Ellicott City, Maryland – so when they heard the studio was up for sale, they were quick to take the opportunity. Purchasing an [...]

By   Aug, 08, 2017  Featured Owners ,
Career Change: Engineers Open Paint and Wine Studio in Orange County

Engineering a Partnership: Orange County Pinot’s Palette

There’s an adage for a balanced life: “Don’t take work home with you.” Mahesh and Sree Ghanta respectfully disagree. Both trained as professional engineers, the couple enjoyed spending relaxing evenings together discussing complex engineering challenges and bouncing ideas off each other. Throughout their careers, they kept the dream of entrepreneurship on the back burner. But when the right opportunity presented itself--opening a Pinot’s Palette® franchise in Rancho Santa Margarita, California--the couple knew that business partnership would be a natural fit. After [...]

By   Jul, 25, 2017  Featured Owners , ,
Top 10 Qualities of Successful Franchisees

Top 10 Qualities of a Successful Franchisee

There’s no such thing as a perfect business owner, but there are those who are more successful than average. While every successful franchisee has their own way of taking care of business, there are some common qualities they share. As a franchisee or any business owner, you can refer to this quick list to help keep your focus on the things that are going to affect long-term sales. 10. Stick to the Plan This is critical when opening your franchise business. In [...]

By   Jul, 18, 2017  Industry ,

How Much Can You Make with a Franchise? Here’s How to Find Out.

"How much money can I make owning a franchise?" is the number one question franchisors receive from candidates looking to open a business. And for good reason! It takes a lot of time and money to get a business off the ground and you want some assurance that you will see a return on the money that you put into starting the business. The great thing about joining a franchise, is you can sometimes get a sneak peek at locations’ [...]

By   Jun, 20, 2017  Industry , , , ,
Finding a Franchise

Finding a Franchise: Six Steps from Interest to Decision

You’ve decided to take your career into your own hands. You’ve even started looking at franchise opportunities. But the process of becoming a business owner and franchisee can be a bit intimidating, especially for first-timers. With so many franchises out there, how you do you narrow down your choices? How do you choose the franchise that’s right for you? The decision is seldom a simple one. We’ve identified six steps to help you confidently and enthusiastically choose a franchise. Step 1:  [...]

By   May, 31, 2017  Industry , , , ,