As individuals traverse through the journey of life, certain age brackets open doors to unique opportunities. The age group of 35-44 is often characterized by a blend of well-honed skills, financial stability, and a refined vision for the future. At this juncture, the allure of entrepreneurship can be particularly strong, beckoning individuals to carve out ... Navigating Prosperity: Health and Senior Care Opportunities for the Savvy 35 to 44 Demographic...Read More
A common question asked by prospective franchisees is who should pay the cost of attending the Franchise Discovery Day? Should the prospective franchisee pay for their own costs or should the franchisor cover the prospective franchisees costs? In the world of franchising, there is no norm. Each franchisor is different in regard to who is … Franchise Discovery Day: Who Should Pay The Costs?
Understanding Item 19, Part 2: The 4 Types of Item 19’s In our previous review of Item 19, we provided a general guide to items found within a company’s Item 19 Financial Performance Representation (formerly known as an Earnings Claim; also known as Article 19). In part 2, we review how these Financial Performance Representations … Can I Trust a Franchisor’s Financial Performance Representations (Item 19 of the FDD, Part 2)
A key element that most people don’t often consider when choosing to invest in a franchise is whether or not the particular franchise fits within their personality type. The first thing that potential franchisees typically evaluate when reviewing franchises are the hard stats such as the number of locations and investment requirements, but there are … Approach the Franchising Business like Dating
Looking for a new career or business opportunity? Many Americans are beginning to do so as they grow increasingly tired and fed-up with the stress of an unfulfilling job in a tough economic market. Taking the first step in changing your life if never easy, but the more you know the more prepared you will … The Entrepreneurial Spirit: Embracing Change and Starting New is Easy as 1, 2, 3
From finances to legal documentation, there’s a lot that goes into the preliminary stages of buying a franchise. When you make the decision to become a franchisee, you’re opening yourself up to leadership, to innovation, and to the optimistic pursuit of financial success. But going hand in hand with success, comes a true dedication – … Three Important Questions to Ask Before Buying a Franchise
So you’re ready to start a business and you’ve decided on buying a franchise. Browsing through franchisers on the Franchise Gator site, you’ll notice that we include a liquid capital requirement, along with a minimum investment and total investment. Each of these numbers can be explained in greater detail by requesting more information from the … Franchise Business Costs Explained
Meet Rocco Fiorentino Recently, Benetrends’ President and CEO Rocco Fiorentino was featured on a panel of experts for "Empowering Entrepreneurs" put out by Media Planet. Fiorentino joined the Benetrends board of directors in 2009, with more than 25 years of franchising experience. Shortly after, in late 2012, he was appointed CEO. For those unaware, Benetrends … What Are 3 Important Qualities of a Successful Entrepreneur?
What Option is Right For You? People with an entrepreneurial passion are always looking for new business opportunities. Persistent commitment to financial growth in comes with many different, often difficult, decisions. One such decision many entrepreneurs face is deciding whether to start a business from square one; building it from the ground up, or choosing … Starting Your Own vs. Building A Business
Have you ever realized just how many franchise companies you pass in a given day? Most think of the top fast food chains when they think of popular franchise brands. Yet there are thousands of concepts that offer franchise opportunities in over 300 different business categories, according to the IFA. How Much Did That Franchise … How Much Does it Cost to Buy a Well Known Franchise?
By: Mark Siebert So your company is taking off and you’re trying to figure out how to expand. Could franchising be the answer? Business owners should keep several factors in mind when they are looking into the concept of franchising. There are the obvious questions one would ask of any business owner including: Is the business credible? … Franchise Your Business: Could Franchising be the Answer?
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