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Franchising 101: 5 Challenges of Owning a Franchise
Franchising is a business agreement in which one entity licenses another to use its trademark or individual business systems and processes. This enables the party to manufacture and sell a product or service that meets specific criteria. The franchisor is the person who grants these rights, while the franchisee is the person who buys them. However, you must consider the…
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5 Tips for Finding Success Year-Round with a Seasonal Franchise
Customers rely on goods and services throughout the year, and sometimes these needs are seasonal. As the owner of a seasonal franchise, this poses a big challenge. It is up to you to navigate a seasonal franchise’s unique struggles and find a way to keep your business thriving when customers aren’t as regular. However, having a seasonal business doesn’t mean…
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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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Top 8 Best Franchise Opportunities to Own in 2021
The COVID-19 global pandemic has had an impact on many industries, but none more than franchising. Its presence has undoubtedly shifted the top enterprise trends in the franchising community and the top 8 best franchise opportunities to own in 2021. Don’t believe us? Let’s take a look at the top franchises and how the pandemic has increased the demand and…
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6 Benefits of Senior Care Franchising
If you’re looking for a way to break into franchising and the healthcare industry, senior care franchising is an excellent investment opportunity. As the population grows older and lives longer thanks to medical advancements, the need for senior care increases. If you’re unconvinced of the void owning a franchise can fill, check out these six benefits of senior care franchising.…
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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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How to Grow Your Business
After finding business success, many entrepreneurs view franchising their business as the next logical step in business ownership. There are many benefits to growing your business, including access to capital, expanding their market reach, or the most common reason: they believe they have something extraordinary to share with the world. Whatever your reason, before you start dreaming of the perfect…