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Why It Can Pay to Franchise with a Smaller Company
Interested in franchising? You may be wondering whether to open a branch of a well-known mega-brand or a smaller company. When most people are ready to invest in a franchise, they do so for the benefit of working with a well-known brand name. Owning a franchise allows franchisees to experience the upsides of running their own business with a decreased…
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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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Are MLM Companies the Same as Franchises?
Many people know what it’s like to receive a message from a long-lost high school classmate asking if you’re interested in “learning more about their business.” You click on their profile, and it’s full of posts proclaiming that they love running their business because it allows them to make money working part-time while selling products that they actually use. The…
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A Golden Opportunity: How to Turn Senior Care Franchising Into Passive Income
By 2025, America will require a staggering 2.3 million new healthcare workers to care for the senior population. With this will also come the need for more senior care facilities. If you’re considering senior care franchising, starting your business now can put you in a prime position to take advantage of the coming boom. Owning a senior care franchise is…
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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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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…