Forming an S Corporation Allows Franchisees to Save on Payroll FICA Taxes Whether you’re buying an existing franchise or taking your own business and turning it into one, franchisees know that it’s a requirement to incorporate a franchise. While LLCs and Corporation tend to be the most...Read More
By Deborah Sweeney | Posted January 26, 2018
If starting your own franchise is on your resolutions list for 2018, finding the right option for you and your family requires research. Here are five potential options that are poised for growth in the months ahead. Learn more to see if they could be right for you and your entrepreneurship...
By Eric Bell | Posted December 20, 2017
Even if you have had a long and successful corporate career, many people find themselves longing for something more. If you find yourself feeling not quite satisfied with your current corporate responsibilities, it may be time to consider branching out on your own to another business...
By Eric Bell | Posted September 21, 2017
UPDATE: 5/4/2020Franchising can be a great option for those looking to start their own business but like the idea of having the security of a franchisor and their proven systems to rely on. It’s no secret that franchises offer a better success rate than from scratch startups but that does not...
By Staff Writer | Posted September 19, 2017
Buying a franchise gives individual owners, known as franchisees, the right to use a company’s name and branding while selling its products and services. Business Format Franchises The most common type of franchise relationship is known as a business format franchise which provides an...
By Staff Writer | Posted September 19, 2017
Lack of funds does not have to be a hindrance to your dream of owning your own business. There are ways to start a business with little or no start-up capital. But it will take skills, hard work, and some solid marketing knowledge. Even if you are interested in pursuing a franchise opportunity...
By Eric Bell | Posted September 14, 2017
Considering becoming your own boss? There can be a range of questions and concerns you may have about leaving the stability of your current job and going out on your own. A franchise opportunity can be an ideal way to give you the best of both worlds—the freedom of being your own boss, with the...
By Eric Bell | Posted August 29, 2017
Updated March, 2020 Are you looking to buy a franchise but aren’t sure you can handle the costs involved? It’s true, an average middle-class salary alone probably won’t be enough to make your dream a reality, but that doesn’t mean starting a franchise is impossible even on a limited...
By Eric Bell | Posted August 08, 2017
As with starting any new business, creating a business plan for your franchise is a critical step in the buying process. This plan will outline the expectations of your new business as well as help you think about and prepare for the challenges you may face. And if you are looking to secure...
By Suzanne Musial | Posted August 08, 2017
If you like the idea of being self-employed but also entering the marketplace with an established business, then a franchise could be the right opportunity for you. What is the best franchise to own? There is a lot to learn before taking the leap into the franchising world. Your investment...
By Suzanne Musial | Posted August 01, 2017
Yes, They Do Exist
While the economy has taken a hit because of the pandemic, many industries and franchises are doing just fine - even thriving.
As of January 25, 2021:
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