There are some valuable lessons that small businesses and business owners could take from the franchise model, in order to ...
In addition to startup capital, retail space and equipment are necessities for many new businesses. Often, a franchise is a small local company. All franchisees are expected to serve the public brand ...
Most franchisees have to tap their savings or obtain some other source of financing, such as a small business loan. With that in mind, some franchises, such as Lawn Doctor (which offers lawn and ...
3. Support and training Operating a business, big or small, can be complex. A franchise, however, provides a comprehensive training program that equips new owners with the knowledge necessary to ...
Another thing you should be doing is visiting competing businesses — both franchises and independents — in your community. Drive around for a day or two, tool around on the internet and start ...
In this piece, we’re going to take a look at the pros and cons of buying a franchise as a way of getting into your own business. So let’s get started. Pros Operating system: This is the system ...
For example, a state might impose a minimum franchise tax of $800 for small businesses, with larger corporations paying a ...
Here, we explain the franchise fees to expect as a new franchisee. Everything you need to know on what small business loans are and what types of loan are available for your business. Starting a new ...
And what makes his business different is that it's a franchise. We've all heard the word before, but how many of us actually know what it means? What's a franchise? I don't want to look stupid.
When you’re deciding on a franchise to purchase, think about how your initial investment will set you and the business up for future success. For a lower entrance fee, consider buying one of the least ...
We discuss the benefits of setting up and growing a franchise over starting a business from scratch. Franchising is a well-established practice which is used by some of the most successful and ...