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6 Franchises That Survived the Pandemic: Your Top Investment Choices for 2021
2020 and the global pandemic were not kind to people’s wallets. Financial difficulties touched people in almost every industry across the world. Still, some franchises thrived during the pandemic by adapting. As we push into the second half of 2021, those looking for franchise investment opportunities might still be nervous. To help boost your confidence in business ownership, we’ve found…
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4 Challenges of Owning a Semi-Absentee Franchise
If you are looking to invest in a new business model, you may be thinking owning a semi-absentee franchise is a win-win. You can invest your money into a business that comes with a limited time commitment and continue with your career. However, there are unique challenges that come with owning a semi-absentee franchise. Investing in a franchise is a…
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How to Find Franchise Opportunities
A franchise can provide the perfect investment for a smart-minded entrepreneur, but how do you go about finding the right franchise? As of 2019, there were almost 800,000 franchise options in the United States alone. That’s close to a million different franchise opportunities. Finding the perfect opportunity to suit you and your financial endeavors can be complex and frustrating. Here…
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Why 2021 is the Year to Own a Franchise
2020 was devastating for everyone, with the pandemic impacting every corner of the globe. American businesses and industries got hit harder than anyone could have expected. In the franchise industry, many businesses thrived and even became essential. However, despite the financial difficulties, there is sunshine is on the horizon. Industry experts predict that 2021 is the year to own a…
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Franchising 101: Top 6 Responsibilities Franchise Owners Face
Becoming an entrepreneur can be an exhilarating experience. There’s nothing more rewarding than owning your own business. However, owning and operating a franchise differs in many ways from running an independent company. The responsibilities franchise owners face are unique because you benefit from working with an established brand instead of being an independent operation. Here, you begin with a proven…
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5 Things to Look for in a Franchise Business Consultant
Becoming a business owner is a dream that many people hold. When it comes time to decide what type of business you want to own, you should consider whether owning a franchise is for you. Buying a franchise gives you a proven and effective business model along with a credible brand, eliminating many of the risks that come with opening…
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Why Millennials Make Great Franchisees
Franchises are a different breed of business investment. They offer an established business plan with proven results and an unparalleled support system. It’s a wise investment for those looking to dive into the business world while mitigating some risks. It is also proving to be a great business venture for millennials. For millennials interested in entrepreneurship, owning a franchise could…