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…
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…
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…
What Risks Come with Owning a Franchise?
Often, when potential investors are considering which franchise opportunity is best for them, they only think about the unlimited earning potential that comes with owning a franchise. However, there is no reward without risk. Franchisees must weigh the potential challenges…
Unique Franchise Opportunities for Every Personality
When most people consider the franchise opportunities available to them, the first thing they imagine is a generic Dunkin’ Donuts or Subway. While those options may be the best for some entrepreneurs, others might prefer to own something with a…
“Am I Too Young to Be a Franchise Owner?”
Given that the median age of all franchise owners is between the ages of 45 and 54, many younger people are left wondering, “Am I too young to be a franchise owner?” But contrary to popular belief, becoming a franchise…
3 Things You Need to Do in Your First Year as a Franchise Owner
You’ve finally signed the paperwork, and you’re officially a franchise owner. Or perhaps, you’re still in the process of discussing franchise opportunities with a franchise consultant. Either way, you should know that your first year in business as a franchise…
