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How to Get Started in Franchise Development — 3 Paths Forward
Imagine owning your own business. Think of the perks of being your own boss, creating your own schedule, and enjoying a certain degree of agency over not only your fiscal wellbeing but your lifestyle, as well. Does this seem impossible? A pipe dream? Think it’s “something for other people, but not me?” Consider Franchise Development At first, owning and…
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3 Surprising Businesses that Made the Franchise 500
There are tens of thousands of franchises for aspiring investors to choose from, including the standouts from the Franchise 500 list. At Hundred Acre Consulting, our mission is to help you find exactly the right franchise that works with your unique goals as you pursue a better life for yourself and your community. But how can we be so confident…
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3 Tips for Franchise Marketing
When most people become franchise owners, one of the prime benefits they anticipate is conducting business under an established brand name. While this is certainly true, you will still need to develop a thorough and brand-consistent marketing strategy for your franchise. Although you don’t need to be a marketing expert, you will need to understand the marketing basics as a…
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4 Questions to Ask Your New Franchisor
If you’ve decided to begin your entrepreneurial journey by becoming a franchisee, your head is likely swimming with questions about your potential business and what it will entail. Franchises offer some advantages over starting a new business, and one of those is having a franchisor. Unlike an unproven business, franchises come with established and proven business models as well as…
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Franchise Financing 101: How to Fund Your Business
Dreaming of your own business? Finding the proper franchise is often the fun part — imagining yourself at the helm of different endeavors and enjoying the excitement of leaping into a new industry. But the financing and logistics of bringing your vision to life can be tedious. You must account for every detail possible. If you’re struggling to discern which…
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What Is a Franchise?
If you’re interested in becoming your own boss, you may have wondered whether it would be best to develop a startup or invest in an existing franchise. But what is a franchise, exactly? Essentially, a franchise is when a company (franchisor) grants an individual (franchisee) the right to operate a branch of their business. This permission is granted in a…
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Should You Start a New Business or Choose a Franchise for Sale?
Anyone considering becoming a business owner must ask themselves whether it’s in their best interest to start a new company or find a franchise for sale. While investing in an established franchise sounds like the perfect option, it does not guarantee success. You may also consider starting your own business as an alternative, but they are even more likely to…
