Business Opportunities Articles For Entrepreneurs & Small Business OwnersHow to Buy a Long-Term Care Facility For SaleA long-term care facility is a medical facility that takes care of seniors and the disabled for the duration of their lives when they are no longer able to manage self-care. Many people know long-term care facilities as nursing homes, retirement homes, group homes and assisted living homes. The first consideration when you buy a […] What Happens After You Buy a Franchise?After the Paperwork Has Been Completed A fairly sizable check has changed hands and mountains of documents have been initialed and signed. You are now the proud owner of a franchise operation. It might be a retail store, a mobile business, or perhaps something you can do from home. Maybe it’s a restaurant, or a […] Buying a Franchise – The Importance of Due DiligenceWhat is Due Diligence? A legal term that has taken on extra-legal meaning over the last seventy years or so, due diligence was originally coined in reference to the U.S. Securities Act of 1933. Following the stock market crash in 1929, brokers were given some very specific steps to follow before being allowed to sell […] Most Popular Food Franchises“I’ve Got a Little List…” With apologies to Gilbert & Sullivan – the above quote is from their operetta, The Mikado – making a list of the top “this” or the best “that” is always a challenge. Strong opinions abound, and any attempt to compile the most popular food franchises across the United States is […] Franchises Are Turnkey Business OpportunitiesTurn the Key—Open the Door—Start Making Sales For people exploring the prospects of starting their own business, a strong argument for buying a franchise involves the “turnkey” aspect of things. While not every franchise business opportunity is a turnkey business opportunity—more about that below—every franchise has the potential for making a grand opening an easy […] Buy a Franchise or Start Your Own BusinessLiving the Self-Employment Dream Many people think about owning and running a business all their own, with no one to answer to but themselves. The two most common ways of achieving this dream involve starting your own business or buying a franchise. Each has pros and cons, and you must examine your personal preferences, business […] Is Franchising a Safer Path for Entrepreneurs?Business Start-Ups Are Risky According to statistics compiled by the SBA (Small Business Administration), a U.S. government agency responsible for, among other things, guaranteeing loans to owners of small businesses, somewhere around 33 percent of new ventures fail within their first two years. When deciding whether or not to start a business, an entrepreneur must […] Franchise Financing: How to Find Financing to Buy a FranchiseTaking the Money Step There are many factors to consider when buying a franchise. You have to decide what industry to enter, what form of operation your franchise will take, and which brand to represent. No single decision is more important, however, than figuring out where the money comes from. Very few people have enough […] Five Secrets to Buying a Great Business in Uncertain TimesPlenty of Economic Challenges The Dow Jones Industrial Average continues to show erratic behavior and the unemployment picture remains bleak despite recent government intervention. In spite of disappointing economic news that never seems to end, there are still some terrific opportunities out there for entrepreneurs who want to buy an existing small business. Uncertain times […] How to Investigate a FranchiseLook Before You Leap – Or Buy a Franchise Once you have convinced yourself that a buying a franchise is in your future, you will want to do a great deal of investigating before signing on the dotted line and writing a big, fat check. There are a number of things to look for when […] How to Buy a Small Business for SaleWhat is a Small Business? Although the term is somewhat malleable depending upon where you live, a “small business” is generally considered to be one that is privately owned and operated—that is, not a public company listed on any sort of stock exchange—with fewer than 100 employees (or fewer than 50 in the European Union). […] Top 10 Pizza Franchises in 2009Pizza Franchise Review The pizza business includes both mom-and-pop establishments as well as some of the largest corporate players in the world of franchising. Because ingredients are relatively inexpensive and equipment is minimal – the most you need is a pizza oven, a clean workspace, and some well-trained pizza flippers – owning a pizza franchise […] Eight Tips on Writing a Business Plan for Your FranchiseDo I Need a Franchise Business Plan? Unless you have enough money to buy a franchise outright, including all the start-up costs and a nice safety net of cash to carry you through the lean times until your business is more firmly established – of course you need a business plan! Even if you’re independently […] How To Use 401(k) For Business Financing – 401k To Buy a BusinessCreative Business Financing There are a number of interesting ways to finance a business purchase. The most traditional method involves securing a loan from a bank or a credit union. You could also pool funds from friends and relatives or ask the seller to carry a note for a portion of the purchase price, or […] How Do I Start a Franchise?Creating the Franchise Concept The wily entrepreneur will always express a desire to start a business and make lots of money. While there are no guarantees, it is difficult to succeed if you don’t even try. One of the ways to leave a lasting impression on the world of business is to start a company, […] What Are Different Types of Franchise Ownership?Choices – Lots of Choices The decision to buy a franchise as your entry into the world of business ownership should not be taken lightly. Franchising is one of the most popular ways for people to run their own business, but even that field can be divided into subsidiary choices. Once you have determined that […] Franchise Investment vs. Return – How Do You Find Franchises With Great Return On Investment (ROI)?What is ROI? There are a number of technical definitions to describe the business term ROI, or “return on investment”. For example, InvestorWords.com says, “A measure of a corporation’s profitability, equal to a fiscal year’s income divided by common stock and preferred stock equity, plus long-term debt. But what does that mean to a prospective […] The Role of a Franchisee – Franchisee ResponsibilitiesFranchising: A Two-Way Street After choosing to purchase a franchise, you rightfully expect the parent company to come through with a great deal of support. After all, you are forking over tens of thousands of hard-earned dollars in the form of a franchise fee, not to mention additional sums of cash for equipment, supplies, inventory, […] Should You Buy a Franchise After You Retire?Retirement Is Not a Dead End Americans today are living longer than ever and enjoying an active lifestyle at a more advanced age than their parents ever did. A famous saying from a decade or two ago was, “Forty is the new thirty.” When it comes to business owners, though, you might say, “Seventy is […] Franchise Attorneys: Should You Hire a Franchise Attorney?Protection for Franchise Buyers Once you have decided that buying a franchise is the right business move, and after you have done proper due diligence to choose a field or industry to enter, it comes time to wade through the vast amounts of paperwork supplied by the prospective franchisors. Few people are able to do […] |
|
