Published: Tue, 28 Mar 2017 19:07:32 -0500
Tue, 21 Mar 2017 06:48:32 -0500Many years ago in my career I had founded and run a series of automotive service franchising companies. I started with mobile car washing, truck washing, and mobile oil change services. Business was good, as we are a nation of cars. Today, we still are, cars, cars, cars, everywhere; Gasoline Cars, Electric Cars, and soon Flying Cars and Hydrogen Powered Vehicles too. Not long ago, I was asked by an entrepreneur if I thought that a mobile oil change franchising company was still a viable company to start in the present period? I put a little thought into this and considered all the future challenges and opportunities. Let's talk shall we?
Thu, 16 Mar 2017 09:27:25 -0500This may be your dream. Go create a business plan competition.
Wed, 01 Mar 2017 10:16:44 -0600Dreaming to associate with your favorite brands and celebrities? Have desire to create your success story in the world of fashion and lifestyle? Join in style wagon in the fashion world through apparel franchising.
Tue, 07 Feb 2017 10:40:15 -0600Ready to dip your toe into the world of entrepreneurship? If you're looking to buy a business, these resources can help you explore your options.
Fri, 27 Jan 2017 08:29:13 -0600Planning to commence a franchise business for your profitable turnover and business expansion or growth? It is a very important aspect for you need to know what you need to ask yourself before buying a franchise.
Sat, 31 Dec 2016 12:57:51 -0600One challenge of being a franchisor, and let me tell you I ought to know, is being enjoined in a lawsuit that is levied against one of your many franchisees. Why do lawyers go after the franchisors when their clients have a dispute with a locally owned and operated franchisee? For one very obvious and simple reason; the lawyers are going after the big bucks. You see, whereas a franchisee maybe profitable, it simply will not have the huge cash flow or capital behind it, so even if the lawyer wins, there isn't much to win.
Mon, 19 Dec 2016 07:22:46 -0600Theoretically, a Franchisor could receive a name and contact of a particular franchise buyer without disclosing this in the Franchise Offering Circular, however any wise franchise attorney is sure to tell you that this is gray area and if in doubt - disclose! If the person giving the information talks with the franchise buyer about much of anything, the franchise could be setting themselves up for future litigation in the future if anyone learns of this and there is some sort of dispute down the road between the franchisor and new franchisee, and if the regulators catch wind of it, especially in states like CA, then you will be sorry you didn't disclose the facts in the disclosure documents to the franchise buyer at the time of the sale.
Sun, 11 Dec 2016 17:02:33 -0600Many small business owners at some point think to themselves; I'd like to franchise my business. And, even if they have never considered the notion, often a customer will tell them they should. Of course, not ever small business person has built their company along the lines of Michael Gerber's "E-Myth" style, and even if they did, it could take 10-years to work the bugs out of the business model to make it perfect, and by that time such a business model may not be apropos in the economy. Many business models have come and gone; video rental stores, photo development, and copy stores to name a few, each one a perfect sector to franchise in, at the time.
Sun, 11 Dec 2016 17:01:35 -0600In early retirement, I do a little bit of consulting in the franchising sector. You see, I built up a perfect business model of my small business and after a decade felt it was ready to franchise. In doing so, I learned a lot, and I learned most of it the hard way. Suffice it to say the franchising industry is pretty difficult, over-regulated, and as a franchisor you are much more apt to go out of business than if you were to buy a franchise. Likewise, you'd be better off to buy a master franchise of a franchising system with a proven track record than to try to perfect a business model and then attempt to franchise it.
Thu, 20 Oct 2016 08:52:48 -0500Some businesses and business owners just weren't meant for franchising. The franchise business model allows for many benefits related to growth and scale, but some leaders just were designed for the responsibilities that come with franchising. This review covers some of the key aspects involved in franchise growth and a description of the skill sets needed for a successful franchise development model.
Mon, 22 Aug 2016 10:44:41 -0500International companies now-a-days are very keen on exploring global markets for their brands due to diverse economical and geographical reasons. The most lucrative markets are China and India with gigantic populations and their purchasing power which caters a great push to their slow moving economy.
Thu, 18 Aug 2016 07:11:01 -0500Selling franchises has become very competitive. As a result, the more established franchise companies have become creative by financing their prospects and offering them perks that would minimize the cost of franchising. On the other hand, the newer franchise companies that do not have the financial strength to finance their prospective franchisees or to offer them perks simply direct them to lenders for funding. That has not been entirely very successful for the reasons discussed below.
Thu, 28 Jul 2016 15:28:06 -0500Planning to penetrate in the food industry? Great! Have you decided in which sector though?
Tue, 26 Jul 2016 13:22:48 -0500See why running your own business might be a great thing to do. Learn what are the advantages of buying a franchise.
Fri, 22 Jul 2016 13:17:02 -0500The worldwide market for technical-level computer training is nearly $30 billion strong, and it only continues to grow in demand as the years pass by. As technology increases every year, so does the demand to understand and utilize that technology which is why the demand for a computer training center is higher than ever. Computer franchise opportunities can harness this demand.
Thu, 21 Jul 2016 13:23:05 -0500The excitement and anticipation of owning a fast food franchise has to take a back seat to careful thought, planning and consideration. Making sure you've chosen the right franchise and that you have the finances lined up to pay for it are of paramount importance. Though the process can be intimidating, once you've gotten all your ducks in a row, you'll be the proud owner of your own business.
Thu, 21 Jul 2016 12:51:22 -0500When you finally decide that being a franchisee is right for you, you still have a major decision to make - which franchise in particular do you buy? Franchise opportunities abound, and many of them are good investments, but you have an entrepreneurial mind that insists on asking - which one is the best investment? The answer to this query will depend in part upon the individual, for "matching" your personal background, passions, managerial expertise, and financial situation to the requirements, concept, and "culture" of a particular franchise is a big part of the equation.
Tue, 21 Jun 2016 06:26:09 -0500If you're willing to go into business and attempt to be successful, you've got to make sure to align yourself with the right franchise. This article will discuss some of the factors that you may want to consider in selecting the right franchise for you.
Mon, 09 May 2016 06:56:50 -0500Investing in a franchise business may make sense for you, particularly if it's your initial move into business ownership. By selecting the right franchise, you can reduce some of the common challenges associated with small business startups. Leveraging the franchisor's proven model and systems, you should ideally be able to mitigate many of the risks associated with opening a new business. From initial site selection through ongoing day-to-day operational best practices, a strong franchise will provide significant benefits to help you achieve success. There are three critical benefits, however, that I believe you should consider when evaluating and selecting a franchise that's right for you: the brand, the leverage, and the systems.
Mon, 02 May 2016 13:08:46 -0500Griffiths University recently reported that the overall number of franchises fell between 2012 and 2014 largely because of small and unprofitable franchise closures. This wave of closures, in my experience, poses a real "uneasiness" to both aspiring franchisors and franchisees. But why is this happening?
Fri, 15 Apr 2016 10:40:19 -0500There Are New Patterns Emerging As Fresh New Food Choices Challenge The Establishment - When we arrived on the Gold Coast a few years ago, we were encouraged to visit Tedder Avenue in Main Beach for a foodie experience. The strip boasted some of the best foodie outlets we were told. So we decided to go for a walk along the beach and call in for coffee only to be shocked.
Fri, 15 Apr 2016 10:39:23 -0500I have been involved in franchising dozens of businesses, at last count over 60. Some from concept and some where we converted an existing business to the franchised model and I am really happy to deal with either pathway with one really important proviso. The business owner must have a reasonable understanding on what it takes to run a business successfully - franchised or not.
Tue, 12 Jan 2016 15:11:53 -0600Unfortunately no business is resistant to the slow season. While there is no way to completely end the slow times of year, there are ways to improve sales so they aren't quite as bad. A good franchise marketing plan is going to be necessary in all cases, but before you can create a strong marketing plan, you have to figure out what action will drive traffic to your business. Here are four things to try or keep in mind as you work on your slow season franchise marketing plans.
Tue, 12 Jan 2016 09:47:07 -0600The first stage of planning for success in the field of franchising is to prepare and build a solid strategy and foundation for the expansion model. Much like a tall building, the franchise program will have little to stand on without a good foundation. Franchise strategic planning is similar to many business plans, but focuses more on the expansion model than the business itself. When an entity makes the transition to franchising, the business goes through an evolution. One where the product being sold is the business itself, the customer purchasing that product is an investor who will typically be an employee of the business and the founder of the business transitions to mentor and guidance counselor. It is a significant shift in responsibility, focus, goals and strategy which requires a significant shift in thinking to be accomplished successfully.
Fri, 04 Dec 2015 12:45:54 -0600Not all business opportunities offer equal returns on investments. It is important to evaluate and analyze the new venture before committing to invest your resources, like your time and money. Reflecting upon the following five reasons can help you discern which business opportunities are truly good prospects, and which ones are better to avoid:
Wed, 14 Oct 2015 11:14:21 -0500Many smart people searching for a work-life balance have a myriad of choices today. If you are one of them, and you want your own business that is home based, this article covers twelve lower-cost franchise opportunities that might appeal to your entrepreneurial spirit.
Thu, 24 Sep 2015 10:29:46 -0500Getting a second or third job is not the answer to your money problems. You need time to enjoy life, too. Let me tell you how I work just a couple days per week and earn $50 - $100 an hour by being my own boss in one of the simplest, easiest business ever.
Wed, 23 Sep 2015 10:46:19 -0500The most affordable franchising opportunity is a well-planned one, which includes working with a franchise lawyer as soon as possible. A so-called budget franchising opportunity isn't going to save you much money or upfront costs if there's no support system for the franchisee, if it's a relatively new and unstable company, or if connecting with someone at headquarters is impossible.
Fri, 11 Sep 2015 10:16:11 -0500IT professionals looking for a low cost investment business opportunity should direct their attention towards the many franchise opportunities available today on the market. It offers the promise of 100% ROI along with help and assistance every step of the way.
Mon, 31 Aug 2015 08:20:45 -0500Taking advantage of a franchise opportunity can result in a huge commitment of both money and time. But the market is right for a boat franchise. Here are 5 questions to ask before you buy a boat franchise.
Fri, 28 Aug 2015 15:38:44 -0500Home tutoring is a growth sector. With that growth has come many business opportunities including in the franchising sector.
Tue, 07 Jul 2015 06:41:49 -0500Purchasing existing businesses for sale from someone who is looking to cash out of their business or retire is a great way to become an entrepreneur! You buy an already-proven and profitable business, and then use your skills and acumen to grow it further. However, finding owners who want to sell is not always easy. Consider this your guide for finding and sizing up good businesses to buy.
Fri, 26 Jun 2015 14:12:20 -0500Singapore is an open friendly economy. For the 9th continuous year the World Bank ranked Singapore #1 for ease of doing business. It is a forward country with solid supply chains and a developed infrastructure. The franchise industry is very well controlled and transparent so there are few regulatory hurdles compared to its Asian neighbours. Due to the trusted system there is a certain peace of mind when dealing with potential Singapore partners.
Tue, 23 Jun 2015 11:03:15 -0500During the past 30 years, there has been dramatic economic growth in China and while franchising only started in the 1980's it has also displayed rapid development. The growing wealth, consumption, density of population and rising 2nd/3rd tier cities makes China a lucrative and, for the foreseeable future, growing market.
Mon, 08 Jun 2015 15:43:13 -0500Malaysia is geographically well positioned for franchisors targeting Asia. The central location and high domestic consumption has made it a strong initial target for franchisors looking to expand throughout Asia.
Mon, 08 Jun 2015 15:06:30 -0500Recently everything seems prefixed with a K: K-Pop, K-food, K-beauty, K-movies; why not go to your local K-culture festival, sure there must be one near you, or coming soon. Korean culture is on fire at the moment and has been warmly received.
Tue, 02 Jun 2015 11:52:05 -0500Tokyo and surrounding area Tokyo is the first choice for many franchisors though due to the high costs of opening an outlet it should not be assumed to be the only choice for a company taking its first steps into Japan. Being the capital however, it is the centre of government, business, fashion and culture. The region centred around the capital is known as the Kanto region and produces 40% of Japanese economic strength.
Tue, 02 Jun 2015 11:28:03 -0500Franchise businesses are growing at a rate faster than any other sector of the economy. And they're creating jobs at a faster pace too. In America for the fifth consecutive year, 2015 is expected to see another big expansion - 5...
Fri, 06 Mar 2015 09:15:08 -0600This article will provide information how couples can possibly work together and control their franchise business. Great business success will depend on how reliable the managers of the business are.
Thu, 05 Mar 2015 10:00:42 -0600This article will help you determine if franchising is for you. There are people who want to start business through buying franchise.
Mon, 23 Feb 2015 13:57:00 -0600This article will talk about buying businesses for sale. Running your own franchise business can give you a chance to become financially independent.
Fri, 20 Feb 2015 08:20:45 -0600Did you know that it's much easier to run a franchise than your business? This is due to the many advantages franchising provides over a regular business. Advantages of Owning a Franchise - The biggest advantage to owning a franchise is that you have a trial and error period.
Wed, 14 Jan 2015 11:09:05 -0600When it comes to Franchising, there are only a handful of methods a Director of Franchise Development has at their disposal to develop candidates who may be interested in investing in their opportunity. These options range in cost as low as a few dollars to big chunks of the franchise fee; in some cases 50% of the franchise fee is common. One might find it interesting to know that you don't always get what you pay for in these circumstances either.
Fri, 02 Jan 2015 04:33:38 -0600With all this talk about better relations with Cuba, the Obama Administration has some corporate leaders licking their chops with potential future opportunity, but before you start salivating, let's talk about reality. The reason I say this, is because I was listening to some Franchise sector lawyers discussing this recently.
Thu, 04 Dec 2014 08:35:36 -0600Franchise compatibility is a two way street. To consider whether a given franchise is right for you before you determine whether you are right for the franchise business model is naive. Let's start by asking, "Are you right for the franchise business model?"
Wed, 17 Sep 2014 14:47:01 -0500So you've built a successful carpet cleaning business with a healthy customer base - now what? Turning your business into a national franchise with franchisees in every state and territory is THE way to extract maximum profit!
Tue, 09 Sep 2014 08:03:44 -0500While most of the world's population spend their days working for someone else, there are some of us just crazy enough to want to own our own businesses. But starting a business, be it a traditional one or something that others might scratch their heads about (until they discover how much you earn), can be a challenge. That's where franchises come in.
Thu, 21 Aug 2014 09:52:40 -0500While traditional business lenders are not approving many business loans, there are still ways that you can easily finance your franchise business. Here is a simple one.
Tue, 05 Aug 2014 05:19:58 -0500Franchise opportunities are everywhere, but what's stopping business-minded people from venturing into them? Is it because they are too afraid to take the risk? Or they do not realize how much they want it? Read more on which franchise business is right for you.
Mon, 04 Aug 2014 13:11:39 -0500When buying a franchise no matter what type, most people believe that it is a magic wand that will magically make money for them with no effort. This is far from the truth! As in anything the effort you put in will be directly reflected in the result you get.
Thu, 31 Jul 2014 07:48:31 -0500If you are planning of investing in a franchise, here are a few things that you need to know about it: It all starts with a simple idea If you take a look at the best franchise businesses, you will find that they all started from simple ideas. For example, someone came up with a recipe of preparing a pizza then ran the business and when it became successful, the person hunted for investors who helped him/her grow the business.
Thu, 31 Jul 2014 07:11:56 -0500While everyone dreams of running a successful business, starting a business is usually a daunting task. The good side is that you can start your business easily by investing in a franchise. Here the franchisor gives you access to materials that you need to start a successful business which makes it easy for you to take off.
Fri, 25 Jul 2014 08:57:39 -0500Finding the right loan or loans to purchase your franchise is not what it used to be. But you can still get the right financing with just a little knowledge.
Tue, 22 Jul 2014 14:53:34 -0500Summary: Franchise business opportunities provide a great way for people to make money and eventually become financially independent. To succeed in this endeavor though, one needs to consider several things.
Tue, 22 Jul 2014 05:13:10 -0500Small business ideas, no matter how small, can lead to something big especially in the world of business. Franchises have become one of the most fool proof opportunities for people who are seeking financial independence, as exemplified by some of the top grossing franchise types.
Mon, 21 Jul 2014 14:23:34 -0500When you hire a commercial cleaning company or janitorial service for your business, you probably believe they will oversee or perform the actual cleaning of your site and have an inspection process in place to ensure quality. For reputable commercial cleaning companies, that's exactly what happens and you have nothing to worry about. Unfortunately, it's not always the case.
Tue, 08 Jul 2014 06:01:24 -0500Coffee is an ever growing business. Around 65% of office workers drink an average of three cups per day, and many of us just aren't productive without it. It means that there's lots of caf? which are booming, but there are also lots of coffee shops for sale for those who are looking to jump on the coffee bandwagon and carve out their own little slice of the market.
Thu, 03 Jul 2014 08:16:18 -0500Looking for a new business venture that's easy to run and even easier to profit from? In a busy, fast-paced world awash with a variety of brands and products, unique business ideas tend to stand out from novel ones. To make your mark in the business world, invest in a unique venture like your own mobile coffee franchise. Simple and easy to run, a mobile coffee franchise is a lot like opening your own coffee shop but without having to wrestle with common problems that come with it like managing people, meeting food and drug requirements, and choosing a location where you can set up shop, among others.
Thu, 03 Jul 2014 08:16:16 -0500Coffee shops have been big for a while now, growing and growing in popularity and taking up increasing amounts of square footage on the high street. The reasons are obvious. The instant drinks you can get at home don't taste anything like the real, barista-made deal, the atmosphere is relaxing, and it's a great way of having a cheap but pleasant catch up with a friend. For decades many of our social occasions have revolved around cafes. One of my best friends told me in a cafe that she was engaged, and a few years later at the same table she told me about her pregnancy. They've hosted many of our social milestones.
Thu, 03 Jul 2014 08:13:48 -0500The coffee industry has been on the rise for years. We've seen coffee shops for sale springing up and being snapped up all over the high street, in fact it seems that every third space in any given town is cafe or a coffee shop, a cake shop or another variant of the same concept.
Tue, 01 Jul 2014 06:07:17 -0500Not all potential franchises can get needed financing from traditional business funding sources. But, that does not have to hold you back. See why.
Mon, 30 Jun 2014 06:47:50 -0500Summer is fast approaching, and the Filipinos' love for frozen delights are becoming even more evident. Since 1925, when Magnolia Ice Cream was established in the country, Filipinos started to make ice cream a big part of their lives. More so, after Philippine flavors such as Kesong Puti, Macapuno Langka and Ube Keso came in the market. More and more people realized that you can actually incorporate your own personality and culture into their own gelato flavors, and thus, eating this well-loved dessert has been more fun. Here are some famous types of gelatos from different places in the globe that might just fit your personality!
Fri, 20 Jun 2014 08:56:01 -0500Global warming has become such an overused phrase that it almost seems as if all meaning is lost. We're told again and again that carbon dioxide levels are on the rise, and we've seen that winters seem to be getting wetter and milder, and summer weather is more and more erratic. It makes sense that this would influence weather, but how does that affect the coffee industry?!
Mon, 16 Jun 2014 15:34:19 -0500This is at the core of evaluating your franchise options. This is the work that needs to be done first before looking at the 3000+franchise options.
Tue, 10 Jun 2014 07:47:47 -0500Thinking about starting your own business, or joining up with an existing franchise? It's all a bit overwhelming but more than anything else it's likely to be exciting.
Tue, 10 Jun 2014 07:45:04 -0500Starting a new business can be an amalgamation of lots of different emotions at once - many of them quite conflicting. Everything from excitement to fear, joy to anxiety. Will you be successful?
Mon, 02 Jun 2014 07:46:58 -0500Working capital is the life blood of any successful franchise or business. But, if you do not manage for it properly, it can quick destroy all that you have worked for.
Thu, 29 May 2014 07:10:00 -0500People with kitchen remodeling franchises typically seem to do well no matter if the housing industry is hot or cold. This is because buyers make improvements on their new homes and home sellers spend money to make their homes more salable when home sales are hot. When they are cold, homeowners just focus on improving their current home rather than making a move.
Wed, 28 May 2014 08:37:39 -0500The first tip in testing your new business ideas is to think of profitability first. Christensen recommends that new ventures begin by focussing on profitability. He goes on to say that think about the fastest ways to profitability, even if there is a minor diversion from the overall goal. Christensen is the proud founder and co-founder of 32 business ventures, each with 5 to 10 thousand dollars.
Tue, 27 May 2014 08:53:28 -0500If you fancy running a mobile coffee van you're going to need to start out by finding the right vehicle. While search the net for 'coffee vans for sale' might help you to an extent, the chances are that you're more likely to find multiple listings for espresso machines, and not much of what you're really after.
Tue, 27 May 2014 08:27:47 -0500Coffee has been around for years and years - far longer than all the culture which has since popped up around that rather delicious beverage. Coffee franchise opportunities are springing up left, right and centre; none more popular than the mobile franchises on the market and the high street chains we all know and love.
Tue, 27 May 2014 07:37:31 -0500Financing a franchise is hard to do these days just like nearly all businesses on the planet. Yet, with loan programs like those from the SBA, your chances of getting approved and funded can only improve.
Wed, 21 May 2014 09:20:57 -0500Given below are some handy tips and ideas for entrepreneurs who have started a new venture. With these tips and ideas, starting your own business has never been simpler.
Mon, 19 May 2014 08:52:08 -0500Need to purchase commercial real estate for your franchise but not sure if you can qualify for a commercial business loan? Here are 3 keys.
Wed, 14 May 2014 07:44:20 -0500What do you think of when you sip your coffee? Does it invoke a vast selection of flavours which complement each other beautifully?
Wed, 14 May 2014 07:44:17 -0500When you're looking into joining a franchise it is a huge commitment. Usually the service contract will be around 10 years, and sometimes more, so it's really important that you carry out your research fully and make your decision based on whether you think you can work with the master franchise company for that period time, and whether you understand and feel passion about the franchise itself.
Thu, 08 May 2014 06:32:41 -0500Looking for a business opportunity that fits your sea-loving lifestyle? If you are interested in the boating industry, becoming a boating store owner may prove to be both financially rewarding, and provide you with a dream lifestyle.
Wed, 07 May 2014 12:18:46 -0500The advent of Internet connectivity at home brought about a few different things-not only did it change our lifestyle, the popular culture, and what not, but it also had a tremendous effect on commerce and e-commerce. Now, people can easily bring their work at the comfort of their own homes. We're not even just talking about simply taking a day off from work and bring a day's work at home, but more like legitimately making money from home.
Tue, 06 May 2014 07:48:47 -0500Good news coffee fans! Yet again our very favourite drink has been proven to be good for us. In a recent study carried out by Harvard University, which took into account research from more than 17 studies and over 100000 people over 20 years, it was found that the more coffee was drunk the lower the risk of developing Type 2 diabetes. It means that mobile coffee franchises are not only providing a Monday morning lifesaver, but they are also helping in the ongoing battle against disease. Interesting.
Thu, 01 May 2014 07:21:26 -0500If you're looking into a coffee van for sale, it's probably because you're interested in running your own business which is relatively self-contained and won't require you to work all hours of the day. It's the perfect choose for someone just like you, but it might not be for everything. Something which is for everyone though, is coffee.
Tue, 29 Apr 2014 10:32:52 -0500More and more interior designers are investing in a kitchen and bath remodeling franchise as an addition to their line of aesthetic services. Interior designers may get started in the industry by recommending decor elements, paint colors, and design accessories. By learning about kitchen and bath remodeling, though, they increase their profit potential while still using their eye for good design
Mon, 28 Apr 2014 09:53:08 -0500There are a lot of different ways you can make a coffee. A whole lot. Some of them are miles better than others, and some of them are very cost effective, but not necessarily ideal. While you're out and about a caf? or a mobile coffee franchise will be able to provide your drink of choice.
Wed, 23 Apr 2014 11:58:07 -0500Buying a franchise can be a great way to start a business. Around 90% of franchises are successful. Often the reason the remaining 10% of businesses fail is because the franchisee made one of these mistakes before they sign up. This article explores three of the biggest mistakes people make when buying a franchise and what to do instead.
Tue, 22 Apr 2014 07:16:22 -0500Franchising is a big decision with big investment. There are many popular stories about successful franchise businesses but then there are the stories of failure.
Wed, 16 Apr 2014 13:41:30 -0500Your goal in partnering with a franchise should be to create an airtight contract between you and the franchisor. Here are some key items that you'll deal with as part of the process of purchasing a franchise, and how a seasoned franchise attorney can assist you.
Wed, 09 Apr 2014 10:50:36 -0500Statistically, the vast majority of people who actually start their own franchise business don't truly understand what they're venturing into, and so they often fail. It's probably one of the biggest financial decisions you'll ever make, so it's crucial to understand exactly what being a franchisee really means.
Mon, 07 Apr 2014 11:18:21 -0500The British have long been known (and stereotyped) for their love of tea. But that might have moved over slightly, as coffee is becoming more and more popular. The whole concept of coffee franchise opportunities works because people love their hot drinks.
Wed, 02 Apr 2014 09:36:23 -0500The World needs entrepreneurs willing to risk their time and money on new ideas. However, the sad truth is that even with brilliant ideas and enthusiastic entrepreneurs, most start up businesses fail within the first two years. Yet take heart, all is not lost. It is possible to own your own business and dramatically increase your chances of success. What is this miracle of modern business? The answer is franchising.
Wed, 02 Apr 2014 09:22:50 -0500Buying a franchise can be a fantastic way to own your own business. When you buy a franchise, you buy the right to use an already established brand; as well as all of the systems and processes that you will need to operate that business on a day to day basis. You'll also receive training and support from the franchisor, who will teach you everything that you need to know to run the business successfully. The obvious question then is, "how much does all this cost?"
Tue, 01 Apr 2014 07:05:21 -0500I always think it is funny when our politicians tell us that they are working to help small businesses. Whenever I hear a politician in one of the districts where I am tell me such things, I challenge them right away and ask; "exactly what have you done to help small businesses in this district." They talk about such things as putting together small business loans, about collaboration projects with businesses to create jobs. I just shake my head and laugh - it's as if they don't get it.
Mon, 31 Mar 2014 08:31:25 -0500If you're a regular coffee-on-the-go kind of person you might have thought about investing in a travel mug. Most cafes and mobile coffee franchises will thankfully be able to provide you with a paper cup to make the tricky task of carrying a hot liquid a little bit easier, but purchasing your very own travel mug is a far more substantial alternative.
Sun, 30 Mar 2014 20:40:38 -0500One thing I learned early on in my long business career was that running and operating units or company owned stores was a lot different than running a franchising company filled with owner operated franchisee locations. One business is more about logistics, marketing, sales, branding, and regional variation. The other is like running a small business and with multiple outlets a small company with a layer of management in tow. If you think any of this is easy - please think again. Let's talk shall we?
Wed, 19 Mar 2014 14:49:47 -0500Being a franchisor is like being a parent. There are many different parenting styles and there are many different styles to how you run your franchise business ~ what type of franchise parent are you?
Sat, 15 Mar 2014 08:43:38 -0500If you've ever eaten at a fantastic restaurant while on vacation and wished there was the same restaurant in your own town, perhaps they have a franchise you could purchase and open your own! There are plenty of people who have tapped into the franchise market in order to create a profitable business. A franchise is a company that grants permission to an individual or group of people, authorizing them to perform specific commercial activities.
Fri, 28 Feb 2014 10:04:46 -0600Those running a franchise business often require funds to address the requirements of their franchises and the specialist funding they can acquire in this case is known as franchise financing. Toda,y a lot of people are in search of the finest franchise opportunities because they are aware that it is the ideal way for them to step into the business industry. There happen to be a variety of questions regarding getting working capital, i.e. cash to finance the franchise and the royalty fees, that people usually seem curious about when acquiring franchise funding.
Tue, 25 Feb 2014 11:19:38 -0600Entrepreneurs or businessmen who have developed their businesses to be largely successful often ponder upon this question - should I or should I not franchise my business? Franchising is a great way to expand your business and operations; but just like any other business model, franchising opportunities too come with their own advantages and disadvantages. You can be in a better state to decide over this important business decision only when you are aware of pros & cons of franchising.
Mon, 24 Feb 2014 14:58:22 -0600One of the ways of becoming a business owner is to own a franchise. It could be considered an easy route because you are buying an established business model, with ready-made products or services. However it might not be as simple as it sounds, for it requires a lot of time, money and dedicated effort from your end.
Mon, 24 Feb 2014 10:36:49 -0600Currently, the Federal Trade Commission is regulating around 3,000 franchise business operators in the United States, all of whom are required to make particular disclosures to potential franchise buyers. These include audited financials, background information, investment costs, pertinent legal obligations of the franchisee and the franchisor, and statistics of performance.
Tue, 18 Feb 2014 15:59:13 -0600Even though you might think you've chosen the ideal site for your franchise business (high traffic downtown area, perfect demographics, little, if any, competition, etc.), it's still possible that you may be missing the boat when considering the ideal location. And the success of your business, as well as your bottom line, stand to suffer.
Thu, 13 Feb 2014 16:07:26 -0600The automotive repair industry is huge business and is growing. Consumers spend an average of nearly $1000 on vehicle maintenance annually. Recession equals opportunity, and it's especially true in the automotive repair industry. Consumers continue to keep their cars and trucks on the road longer, so it stands to reason that as they age, they need more maintenance.