So you've decided to buy a franchise. Congratulations! Franchising is a great way to go into business for yourself with reduced investment risk. Associating with an established company provides instant name recognition as well as access to training ...
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When determining whether or not franchising is the right path to business ownership for you, first consider whether or not you believe you will be able to abide by a franchisor's system. Becoming a franchisee essentially means conforming to a ...
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How to avoid a tax audit, and how to prepare for one As you fIle your tax return, do you wonder whether you’re likely to get audited? You can take some comfort in the fact that audits are remarkably rare, hitting about 1% of taxpayers ...
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With thousands of franchise companies in over 75 different industries, there’s a lot to choose from. Business concepts run the gamut from infant care to senior care and from dry cleaning to disaster clean up. Investments range from over a ...
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Franchise consultants can be a wonderful asset to help you find a strong franchise opportunity that matches your goals. They can explore the dreams you hope to accomplish through franchise ownership and determine your skills and preferences so ...
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Each year, Entrepreneur, a prominent online and print source for everything business, releases its list of the top 10 new franchises. While it’s unclear exactly what the criteria is for this list, one thing that’s clear is that every ...
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If you've been looking to start a new home-based business for even just a short while, you're already well aware that the list of business opportunities is staggering. For this reason, it's not uncommon to be utterly overwhelmed with the high ...
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The Small Business Administration will receive $730 million of the economic recovery package to help stimulate lending for small businesses. WACO, TX – The Small Business Administration is applauding the recently passed stimulus bill. The ...
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Combining resources with those of other small business owners allows participants to save money and this strategy is applied frequently in franchising. A franchisor will be able to acquire both products and services for franchisees at a cheaper ...
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The waters of the current unemployment situation are running deep leaving many people up the creek without a paddle. There just aren’t many jobs available for those looking and the outlook is particularly cloudy for those in higher income ...
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The secrets to finding out the ROI potential of a franchise When investigating a franchise opportunity one of the most difficult pieces of information to get from the franchisor is how much money you might make. This may be frustrating ...
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Five reasons to buy a franchise in 2009 If you believe the national headlines, you’d think that all is doom and gloom in the business world: "The U.S. lost 524,000 jobs in December" ...
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Making sense of the current economy and its impact on franchise funding If you are thinking of becoming a business owner by buying a franchise, you are no doubt wondering if there is financing available in this ...
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Online cookbooks are one of my favorite ancillary benefits of today’s current technology. I’ve never been great in the kitchen, but once I found that I could find step-by-step instructions for making all kinds of food, I no longer had ...
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Any franchise business, particularly one that has a number of existing franchise units and has been in business for a number of years, is likely to have already established units for sale. These resales can come about for any number of reasons. In ...
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The high unemployment rate has everyone worrying about the future. For some people, a recent or pending layoff is just the impetus they need to take their careers to the next level - business ownership. Of course, most people realize that starting a ...
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A franchise agreement is a contract between the franchisor and the franchisee describing the terms of the agreement between the two parties. Most franchise companies have standard agreements and very little, if anything, is negotiable. A franchise ...
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Of the dozen or so difficult aspects of selecting, starting, and running a new franchise opportunity, few are as potentially paralyzing as paying for it. Most of us have learned that money doesn't grow on trees, and the average franchisee-to-be ...
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There's an age-old saying that plays through business owners' ears again and again: "it takes money to make money." I don't have the first clue where the old proverb came from, but wherever it originated, it has found its way into the ...
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For most entrepreneurs, the first investment is usually the most difficult and is often what makes or breaks a career in business. No investment is a sure thing, but rather than just diving into a business and hoping it works out, there are a few ...
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Sales is such a broad category of business that it's difficult to imagine exactly what someone does when they tell you that they're in sales. However, whether they work for a multi-national company, buying and selling on a massive sale, or simply ...
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Particularly in our current economy, finding the money to get started can be the most difficult part of starting a small business. Small business loans are more difficult to obtain than ever, many private investors are much more scrutinizing about ...
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Only a decade ago, it wasn't uncommon for Americans living near the Canadian border to drive across to do their shopping, since the value of the American dollar was almost twice the value of its Canadian counterpart. This, however, is no longer the ...
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