For Beginners

You’ve been going back and forth for a while now about whether to invest in a franchise. You’ve weighed the pros and cons, researched opportunities, and gotten all kinds of opinions, from "are you crazy?" to "you’d be crazy not to." As decision time looms, you may be feeling more confused than ever about what … 5 Reasons to Get Into Franchising Today

For some, punching a clock and working for the ‘man’ for an entire career is not as rewarding as working for yourself and building something of value with legacy potential. The challenge confronted by many business owners is to establish limits on not just their resources, but on their time as well. There is an … Limit Your Time and Resources to Truly Master Your Universe

Owning a business is an admirable dream that can not only make money, but also build a legacy to leave behind, or make a mark in the world. But owning a business takes a lot more than just a vision of a great product or service; it takes a lot of hard work, and a … What’s in a Business Name?

Being your own boss is a goal that seems attractive to many people. Some reasons for wanting to be your own boss may include frustration with inept business practices at your workplace, wanting a more flexible schedule, or wanting to increase your income.  There are many risks inherent in owning and running a business, however. … Be Your Own Boss, But Include a Safety Net

A company’s business model encompasses the way it is structured and the way or ways that it brings in income, as well as the sources of that income, amount of income generated, and frequency of that generation. The business model will be different depending on what kind of goods or services a business produces. Some … Why the Franchise Business Model is Unstoppable

If you’re reading this article, chances are that you’ve been researching Franchises. By now, you should be familiar with a Franchise Disclosure Document or FDD. This is one of the most important documents detailing many of the costs associated with a particular franchise. This article will explore the benefits, and pitfalls, of the ongoing Franchise … Fixed vs. Percent: Understanding Franchise Royalty Fees

There are thousands of franchises on the market in just about every industry you can think of, at a wide range of price points. Besides the standard focus on something that personally interests you and is in the price range you are seeking, it is important to keep in mind the industry competition. Be cautious … Think Unique: Stay Away from the Herd Mentality When Choosing your Franchise

Determining time to profitability for a franchise opportunity From the time you sign the franchise agreement to the time you can reasonably expect to make a profit varies greatly from franchise to franchise.  Due to the fact that franchising exists in approximately 75 different and distinct industries, each situation will be different.  In addition, each … How Long Will It Take Before Making a Profit?

If you’re like most entrepreneurs, you’re on 24/7. Your inbox is overflowing, you’ve got fires to put out, and you’re too crunched for time to even think about getting organized. Could you use an extra two hours a day? Absolutely! Some experts estimate that we lose as much as two hours a day dealing with … Save Two Hours Every Day & Get More Done

Food franchises are popular, but are they a good fit? The most popular franchise to invest in is fast food, according to Entreprenuer.com. Food franchises dominate the Franchise 500®, making up half of the top 10 and more than a quarter of all ranked companies. Additionally, food franchises are one of the most populated categories … A Few Tips to Chew On Before Investing in a Fast Food Franchise