According 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 MoreAs a franchise business consultant, my role is to guide and support you in determining whether franchise ownership is the right path for you. It may not be—and that’s okay! My goal is to provide you with the tools and insights to make an informed decision.Here’s What I Will Do:Understand Your Why: ...
Read MoreNot everyone can successfully own and operate a franchise. It takes that special someone who has an entrepreneurial spirit and likes to color within the lines. 1. Proven Business ModelFranchise systems are built on business models that have been tested and refined over time. ...
Read MoreWhen pursuing financing for your franchise, understanding what the Small Business Administration (SBA) looks for in a loan application is essential. The SBA uses six key criteria to assess a borrower’s eligibility. Here's a breakdown of what you need to know as a prospective franchise ...
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