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Right now, I’m seeing two distinct yet equally motivated types of people exploring franchise ownership. And both are making smart, strategic moves.Some are being pushed by fear:Concerned about job securityFrustrated by the lack of growth in their current careerTired of watching someone else control ...
Read MoreExploring franchise ownership while managing a full-time job can be both exciting and overwhelming. Many aspiring business owners find themselves juggling their current responsibilities while trying to research opportunities, evaluate options, and make one of the most important decisions of their ...
Read MoreIt’s true that owning a franchise involves paying several fees to the franchisor. But before you decide it’s too much, let’s break down these fees and understand what they cover, so you can assess the value they bring to your franchise business.While the list of fees may initially seem like a ...
Read MoreAs you explore franchise opportunities, funding is likely top of mind. Understanding your financing options early can help you move forward with confidence, so I wanted to share some of the most common methods franchise owners have used in recent years.Popular Franchise Funding Options ...
Read MoreAccording to the Small Business Administration (SBA), more than half of all new businesses fail within their first four years of operation. In contrast, over 85% of new franchises survive beyond six years. While no business venture is guaranteed success, these statistics highlight that franchises ...
Read MoreYou’re on a roll! You’ve done your due diligence and are serious about finding your dream franchise.Now comes the critical step—choosing the right franchisor. This is more than just a business investment; it’s a long-term partnership. Just as you’re evaluating franchisors, they are also assessing ...
Read MoreYou’re interested in becoming a franchise business owner but aren’t sure where to start.This series will walk you through the process—from identifying your personal and financial goals to exploring franchise opportunities, conducting due diligence, and ultimately selecting the right franchise to ...
Read MoreCongratulations! You’ve defined your vision as a business owner. Now, it’s time to find franchise opportunities that align with your goals.This stage of the journey can be exciting—until it becomes overwhelming.With thousands of franchise options and no single source for all the information, the ...
Read MoreIf you’ve ever explored franchise ownership, you’ve likely noticed that nearly every franchise requires an upfront franchise fee. But why do franchisors charge this fee, and what do franchisees actually get in return? Let’s break it down.What Is a Franchise Fee?A franchise fee is a one-time, ...
Read MoreRecently, when chatting with a fellow former Sandler franchise owner we talked about what business characteristics were important to each of us. Hers was to have a business that represented who she was and gave her control over the way it was run. So, when a franchise consultant ...
Read MoreThis holiday season, give yourself the ultimate gift: the freedom, fulfillment, and opportunities that come with business ownership. While others are unwrapping presents, imagine unwrapping a future filled with work you love, meaningful connections, and the pride of building something truly your ...
Read MoreWhen exploring franchise ownership, clarity on your role matters: Do you want to "buy a job" or "buy a business"? While the terms might sound similar, they represent two distinct approaches, each with unique roles, goals, and responsibilities.💼 Buying a JobThis approach is about generating ...
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