Articles
How to Prepare Your Kids For Their Future Through Valuable Business Lessons
One of the things I have come to enjoy about being a franchise consultant is the easy comfort I have with new franchise candidates. We tend to have a lot in common, and one of the overlooked motivations to start a business is being a role model and leaving a legacy...
Location Is Everything — Especially in Franchising. These Are the Territory Rules You Need to Know.
I'm sure you've heard the phrase, "Location is everything." When it comes to franchise businesses, this sentiment is not only true, but carefully considered and negotiated as part of the franchise agreement process. I'm talking about franchise territories — how...
Who You Hire Matters — Here’s How to Form a Team That’s Built to Last
Among the many challenges related to managing a small business, hiring a quality team of employees is one of the most important. Done correctly, it will pay you back in peace of mind, confidence in your team and fewer barriers to profits. I'm sure you've heard it...
Is Franchise Ownership Your Next Wealth Move? Here’s How It Compares to Four Other Income Streams
Regardless of business model, industry or motivations, it's no secret that most aspiring business owners are interested in entrepreneurship to make money. But there are a plethora of options available when trying to develop your wealth portfolio. After all, anyone who...
Which Franchise Model Is Right for You? Here’s How to Choose
A major decision potential business owners must make when considering a franchise is determining what type of business they should run. There are thousands of brands and concepts, but franchises generally fall under two business models: "brick-and-mortar" and...
Want to Leave Your Franchise Business Behind? 4 Exit Strategies to Consider
When considering the exit of a franchise business, it can be easy to assume the reason for exiting is due to one of two possibilities: Either the business was so successful that someone made an offer to purchase it, or it was such a failure that the owner had to "get...
How Technology Has Made Franchising Easier for Everyone
In recent years, franchise ownership has skyrocketed in correlation with the explosion of tech improvements across a wide spectrum of industries and business functions.
Start Your Own Business or Buy a Franchise: Which Is Right For You?
Before you decide to jump into entrepreneurship — whatever that looks like for you — consider these six comparisons.
The Most Successful Entrepreneurs Adopt This Mindset to Unlock Success. You Can, Too, By Following These 4 Tips.
As an entrepreneur, it's important to understand the influences that impact our day-to-day accomplishments. Established entrepreneurs know that it's the small victories that accumulate and lead to large-scale successes. Every day starts as a new opportunity to take...
Your Favorite Hobby Should Not Always Turn Into Your Business. Use These 3 Tips to Find Your Next Idea Instead.
Use these three tips for considering prospective business options that match your entrepreneurial goals.
