Franchises Articles For Entrepreneurs & Small Business OwnersFive Reasons Why Franchises Fail – Franchise Failure RatesGetting the Low-Down on Franchises For people who want to open a business they can call their own, the option of buying a franchise is clearly one of the best possible routes to take. Franchises offer instant brand recognition, a proven operating system developed over many years, and plenty of corporate support. But not everything […] Business Opportunity Review: How to Review Business OpportunitiesTons of Business Opportunities After making the decision that you want to buy a business, what’s your next step? There are literally thousands of small business opportunities out there for the prospective entrepreneur, and choosing the right one is probably the most important business decision you will ever make. Just look at some of the […] Why You Should Buy a FranchiseA Brief Explanation of Franchising The concept of franchising goes back more than a hundred years—some argue that the idea came about in the Middle Ages, or even earlier—but what exactly is a franchise? I’m glad you asked! At its most basic, a franchise is the right for someone (the franchisee) to sell a product […] Buying a Franchise Business – How to Buy a FranchiseBuying a Franchise Business For anyone looking to own their own business, one of the best ways to do that involves buying a franchise. There are many reasons to explore the world of franchise businesses, including a reduced risk factor (franchises have a higher success rate than starting a business from scratch), mass buying power […] 8 Tips on Buying a Franchise With Your SpouseLife Partner and Business Partner? Enjoying a solid, stable marriage can provide a terrific foundation for your financial future – owning a business together. Many married couples are also co-owners of companies, and one of the easiest ways this is accomplished is through the purchase of a franchise. You two have already figured out how […] Top 10 Mistakes People Make When Buying a FranchiseLook Before You Leap Once you have decided to go into business for yourself, one option is to buy a franchise rather than start a company from scratch or purchase an ongoing operation from its current owner. There are many benefits to buying a franchise, among them high brand recognition, a strong corporation backing you […] Part-Time Franchises for Work At Home MomsWhat is a Part-Time Franchise? Buying a franchise business is a great way to become an entrepreneur and help secure your financial future. Franchises are available in an amazing number of different industries and can appeal to people with all sorts of skills. Although most businesses require an owner’s full-time attention, there are plenty of […] Best Business to Buy for a Corporate DropoutLeaving the Corporate Rat Race Quite a few nine-to-fivers express an interest to buy a business – no more bosses looking over their shoulder and no more asking permission to take a day off for personal reasons. These days, however, people are just as likely to be pushed out of Corporate America as opposed to leaving […] 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 […] 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 […] 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 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 […] |
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