Editorial

When I was growing up, entrepreneurship was the norm in our household. Dad always ran his own business. Mom worked in the business a few days a week. My sister and I helped on the weekends. Like most family businesses, my father enjoyed some exceptional years and a few lean years. He was smart and … When it Comes to Business, Teach Your Children Well

America is the land of opportunity – and those opportunities have many forms. One way people build up and achieve their dreams is through investing in a franchise. Money, of course, is the top motivator for this type of investment, but taking on the challenge can be attractive as well. The largest franchises in the … 5 Lessons From Successful Franchisees

There are three recognised stages to franchising – starting out, growing the business and planning for retirement. A franchisor has three sets of franchisees at any given time: those enthusiastic newbies who want to get going, the established locations looking to improve and the old-timers wanting to hang up their hat. These different kinds of … Motivation and the Three Stages of Franchisees

You’ve probably heard this a thousand times: “Go to school, get an education, find a job, show up on time, put in your 40 hours each week, and you’ll secure a good retirement for yourself”.  We were led to believe a myth – to expect 3%-5% annual wage increases, some form of job security from … Today’s Job Market: The Modern Day Slave Trade

Buying multiple franchises can be a good business decision to make for several reasons. Managing multiple franchises is a challenge that requires many different skills, but can yield great rewards if the challenge is met well.  There are many factors to consider when deciding whether multiple franchises could be right for you. The most important … Buying Multiple Franchises: A Path to Success

Up until now, you’ve done the career thing – punched a time clock for the 40 hour work-week (maybe more), sat at a cubicle, gossiped at the water cooler, been at the beck and call of a boss.  Maybe you’re just burnt out at your current job and want to do something different. Maybe what … Best Franchises For Career Changers

Franchising is a great way to be your own boss without being out in the world as a business owner all alone. As part of a parent company with an established record of success, you have the autonomy of being in charge of your location within the framework of a system that has shown itself … Avoid These Pitfalls When Buying A Franchise

Having excellent credit means your franchise’s financial future will be easier, and you’ll have more options when it comes to shopping around for lenders. Shopping for a business loan? Excellent credit means you can snag a loan with a competitive rate that will save you thousands over the span of your loan. Even opening a … Credit Mistakes That Will Jeopardize Your Chances of Getting a Business Loan

Social media has taken the world by storm. We’re more connected and aware – and perhaps more distracted – than ever before. But can social have a significant impact on your local franchise? Can you leverage social media to gain more customers? Build brand loyalty? Increase local awareness – and profits? Yes, you can! And … How to Use Social Media to Build a Formidable Local Franchise