Top Down Vs Bottom Up Franchises
With over 2,000 franchise opportunities to choose from researching for the best opportunity can be a confusing and overwhelming task. Before deciding which franchise is the best fit for you, it’s important to determine which franchises are best for anyone and truly provide a proven successful business model. While there are many factors used in […]
How Does Your Credit Score Impact Your Ability to Purchase a Franchise?
A good credit score is crucial when it comes to purchasing a franchise. Credit ratings reveal a great deal about how people have handled their money in the past. A Franchisor can find out how long an individual has been using credit to make purchases by looking at their credit record. According to state laws, […]
Why Should I Use a Franchise Broker?
Like any other investment, purchasing a franchise business has some risk factors. However, hiring a franchise broker can considerably help minimize them. If you are planning to buy a franchise, it is best that you gather as much information as you can about the broker you work with. You also get to explore franchise opportunities […]
What to Consider When Buying a Franchise?
Buying a franchise is an excellent opportunity for people who are entrepreneurs and don’t want to start a new business from scratch. Basically, franchisees belong to a working model that operates on every level like branding, pricing, marketing, and so on. Franchising provides a new yet practiced method of business. Simply put, it’s a safe […]
What Personality Traits are Needed to Own a Franchise?
Owning a franchise may not be for everyone. Franchisees that become successful possess a variety of traits that help them in their enterprise. One must learn which personality qualities are most prevalent among the most successful franchisees. This will help you determine whether you fit the bill for getting into a franchise. Though it is […]
Using Your 401(K) to Start a Business
401(k) business financing is a franchise funding method that allows an entrepreneur to draw money from their retirement account to start a business. Also known as Rollovers for Business Startups (ROBS), 401(K) gives the owner access to their own money without any tax penalty or withdrawal fee. There are three ways you can start a […]
Is Your Franchise a World Class Marketing Machine?
For most owning a franchise offers numerous advantages over an independent business. Things like brand awareness, proven business model, initial training, ongoing support, etc. When researching a franchise these are all things you need to consider but of them all there’s one that needs to be at the top of your list… A serious marketing […]
Why On Earth Would I Pay A Franchise Fee?
In dealing with clients, without a doubt the most common objection to choosing to purchase a franchise is the concept of paying a franchise fee. To many, especially those that have never owned a franchise, the concept of paying a franchise fee can be puzzling, overwhelming and sometimes even borderline insulting. Before I address the […]
The Real Power In Franchise Validation
There are many critical stages to researching a franchise and determining if it’s truly the right opportunity for you, but few are as valuable as a stage called validation. This article will explain what validation is and what questions to ask, but also how to really read between the lines, filter your responses and truly […]
The Power of Goal Setting
In Mark McCormack’s book, “What they Don’t Teach You at Harvard Business School” he discusses a study conducted of Harvard MBA grads between 1979 and 1989. Graduates were asked if they had set clear, written goals for their future. 84% had not, 13% said they did have goals but surprisingly only 3% had actually written […]
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The Power of Goal Setting
In Mark McCormack’s book, “What they Don’t Teach You at Harvard Business School” he discusses a study conducted of Harvard MBA grads between 1979 and 1989. Graduates were asked if they had set clear, written goals for their future. 84% had not, 13% said they did have goals but surprisingly only 3% had actually written […]
Is Your Franchise a World Class Marketing Machine?
For most owning a franchise offers numerous advantages over an independent business. Things like brand awareness, proven business model, initial training, ongoing support, etc. When researching a franchise these are all things you need to consider but of them all there’s one that needs to be at the top of your list… A serious marketing […]
Using Your 401(K) to Start a Business
401(k) business financing is a franchise funding method that allows an entrepreneur to draw money from their retirement account to start a business. Also known as Rollovers for Business Startups (ROBS), 401(K) gives the owner access to their own money without any tax penalty or withdrawal fee. There are three ways you can start a […]
What to Consider When Buying a Franchise?
Buying a franchise is an excellent opportunity for people who are entrepreneurs and don’t want to start a new business from scratch. Basically, franchisees belong to a working model that operates on every level like branding, pricing, marketing, and so on. Franchising provides a new yet practiced method of business. Simply put, it’s a safe […]
Why Should I Use a Franchise Broker?
Like any other investment, purchasing a franchise business has some risk factors. However, hiring a franchise broker can considerably help minimize them. If you are planning to buy a franchise, it is best that you gather as much information as you can about the broker you work with. You also get to explore franchise opportunities […]
What Personality Traits are Needed to Own a Franchise?
Owning a franchise may not be for everyone. Franchisees that become successful possess a variety of traits that help them in their enterprise. One must learn which personality qualities are most prevalent among the most successful franchisees. This will help you determine whether you fit the bill for getting into a franchise. Though it is […]
How Does Your Credit Score Impact Your Ability to Purchase a Franchise?
A good credit score is crucial when it comes to purchasing a franchise. Credit ratings reveal a great deal about how people have handled their money in the past. A Franchisor can find out how long an individual has been using credit to make purchases by looking at their credit record. According to state laws, […]
Why On Earth Would I Pay A Franchise Fee?
In dealing with clients, without a doubt the most common objection to choosing to purchase a franchise is the concept of paying a franchise fee. To many, especially those that have never owned a franchise, the concept of paying a franchise fee can be puzzling, overwhelming and sometimes even borderline insulting. Before I address the […]
The Real Power In Franchise Validation
There are many critical stages to researching a franchise and determining if it’s truly the right opportunity for you, but few are as valuable as a stage called validation. This article will explain what validation is and what questions to ask, but also how to really read between the lines, filter your responses and truly […]
