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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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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…
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How to Find the Right Franchise Opportunity for You
Buying a franchise is a significant moment in your entrepreneurial career. It can be the launching pad for a successful business that may one day grow into a multi-unit franchise empire. The question is, how do you find the right franchise opportunity for you? There are thousands of franchises to choose from, which can be overwhelming for anyone looking to…
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How to Tell if a Franchise is a Good Investment
Franchising is one of the most lucrative industries for entrepreneurs looking to branch out or start their very first business. You’re coming into an already established brand, you have tons of franchisor support, and there are approximately 95 different categories of franchising opportunities to choose from. Of course, once you narrow down your list, the next step is to evaluate…
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Why You Should Invest in a Healthcare Franchise
Healthcare franchises are a lucrative part of the franchising industry. No matter what the economy’s state is, there will always be a need for a healthcare franchise. According to industry experts, the preventative healthcare market has grown 25 percent in the past five years, and it doesn’t show any sign of stopping. Also with the current state of the world,…
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5 Most Common Mistakes People Make When Buying a Franchise
Franchising is a grand adventure! When you buy a franchise, you take on a wonderful opportunity and amazing adventure, but you also are making one of the biggest commitments of your life and it’s important to be able to navigate this journey, and its decision points, with care and wisdom. Many times, things work out just fine and everyone comes…
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What does a franchise consultant really do?
Once you start looking at the idea of franchising seriously, especially if you are already on the Hundred Acre Consulting site, you may find yourself wondering first, what exactly does a franchise consultant do? Second, you may be wondering if you need one or if utilizing one is worth it? I’m so glad you asked because we have your answers!…