If you’re thinking of buying a franchise, there may be another question you’re considering: Should you bring a partner into it? Below are some of the pros and cons of going “solo” or “duo” in franchising.
Less work. One... (Read More)
Fact: the majority of individuals who purchase a franchise are men. Also fact: women are quickly catching up to them. (Between 2011 and 2017, female franchise ownership jumped by 83 percent, while male ownership only increased 13 percent). The... (Read More)
It’s always been your dream to own your own franchise, but money is a constant sticking point. It’s no surprise you need start-up funds to achieve this goal, but where will the cash come from? Besides the obvious places like your own savings... (Read More)
Investing in a franchise business can be extremely rewarding, but it isn't for everyone either. It's important to understand that franchise businesses are completely different than independent entities.
For example, you might want to open a... (Read More)
How often do you find yourself saying, “owning a franchise would be a great opportunity, but I have no time in my schedule.” Owning a franchise may not take as much time as you think. In fact, if you have even a little bit of spare time... (Read More)
You know when to do certain things because it just feels right. Marrying that special someone. Making that cross-country move. Accepting that important job offer. But how do you know the time is right to be the owner of your own franchise?
When... (Read More)
Everyone knows that one couple who’ve been together for decades. They’re loving, considerate, and work well together as partners. Who wouldn’t give anything to be like them?
But how do they make such a partnership work? It turns out the... (Read More)
Women are quickly catching up with men in nearly every aspect of the business world, and owning franchises is no exception. Here are a few crucial tips if you’re a woman looking to make her way in franchising.
Do it for love
If you’re... (Read More)
“They may say I’m a dreamer. But I’m not the only one.”
John Lennon’s words ring true today the same way they did decades ago. The world is full of dreamers. Some people call them crazy. But are you nuts for wanting to own a... (Read More)
Sure you’d love to open a franchise. But like so many would-be franchisees, you’re at a loss about how to come up with the cash. Here are just a few ways you can get the dollars you need for your dreams.
Talk to your franchisor
The... (Read More)