One of the many reasons entrepreneurs gravitate towards a franchise business is the minimization of risk! The franchise business model is a proven model with processes in place and a much lower failure rate than that of a startup business. Franchises truly offer the opportunity to buy into the independence of a small business, but with the benefit of a larger business network. Part of this lower
Are you a motivated entrepreneur with dreams of being your own boss? Has the idea of building a business from the ground up become a barrier to your dream? Does the thought of purchasing someone else's business leave you less than excited? Then buying into a franchise may be the key to moving your dreams into reality. Frequently termed business in a box, the franchise is an option to become your o
Franchising. You hear about it. You read about how successful the country's top franchised businesses are (Subway, Supercuts, Denny's) but is buying a franchise a good option for you? Let us take a second to break down the who, what, when, where and why of franchising. But we aren't going to give the advice here, we are leaving it up to some business owners who have done it (and are really success
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There's an old saying, "You have to spend money to make money." In a franchise business, you can spend as little as $10,000, and still make money. Once you've decided that you want a franchised business the next step is to determine what industry category you are interested in, for example, food, service, pet care, etc. Then you determine what franchise business you can afford within the category
Are you a visionary entrepreneur who wants to be your own boss, but you're not willing to take on the risk of starting your own business from scratch? Franchising can be a great alternative if you want the support of a franchise company in the start-up phase of your business. The term frequently used is "buying a business in a box." A franchise is a successful business concept in which individual
Are you interested in expanding your business, but unsure of where to begin? This brief guide will explore several of the possible options for business expansion. One instance is to continue operating from one location and aim to expand your customer base. This option, on the one hand, keeps the cost of expansion low but can also be limiting. One location can only handle so much increase in busine
