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3 Small Business Resources for Franchisees
Many aspiring business owners are drawn towards franchise ownership due to the increased odds of success. After all, franchises have the benefit of providing franchisees with specialized support, a well-known brand name, and an established system of conducting business. However, running a successful franchise still comes with challenges — and many new franchisees don’t realize that there are additional resources…
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Franchise Brokers and Franchise Consultants: How They Compare
There is much confusion surrounding the titles of “franchise consultant” and “franchise broker,” and rightfully so. About 30 years ago, it became commonplace for many franchise brokers to refer to themselves as consultants to evade the stigma surrounding the term “broker.” However, in dodging the negative connotations often associated with brokers, they wound up creating confusion within the franchising community.…
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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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Top 5 Franchise Myths Debunked
Every industry has its myths, including franchising. So, as you consider buying a franchise, a question you may have is how do you know what franchise myth to believe and which ones you should ignore? Our team at Hundred Acre Consulting can help. Below, we debunk the top five franchise myths. You Have to Be a Workaholic to Find…
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What It’s Like to Work with a Franchise Consultant
Deciding to invest in a franchise can be an exciting moment in any entrepreneur’s life. There is the undeniable thrill of building an empire with the help of an established brand. However, like most business owners, there is the question of where to start. The answer is to work with a franchise consultant. A resource to be used often, these…
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The Most Important Questions to Ask Before Buying a Franchise
Becoming a franchise owner is an exciting and lucrative business opportunity that tons of entrepreneurs seek. However, many get lost in the hype of potential business ownership and forget to do their research. That’s what we at Hundred Acre Consulting are here for. So, before you express interest in a business and join the nearly 773,000 franchise owners nationwide, here…
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Top 8 Reasons it’s Better to Invest in a Franchise than Start a Business from Scratch
Are you feeling that itch that 2020 is YOUR YEAR for positive changes in your life? Perhaps starting a business is part of that equation sticking in the back of your mind, but what business? As you start weighing your options, it doesn’t take but a minute to realize that there are more questions than answers. When considering investing in…