When 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 ...
Read MoreYou want a new job with more control, so you begin to search for franchise ownership opportunities. Swapping a job for a business isn’t a quick fix.Here’s why it's not for the faint of heart:👉 Business ownership isn’t a 9-to-5 with a boss and a guaranteed paycheck. It’s a ...
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 MoreI often hear people say, "I want to buy a franchise." The reality is, you can’t simply buy a franchise like you would a house. While there are similarities, such as determining your investment level and location preferences. You don’t make an offer and hope that it’s accepted.Once you ...
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 ...
Read MoreI've had this card on my desk for years. On the days I need a reminder, it always seems to surface at just the right moment. It keeps me grounded in why I chose to own my own business.I'm fortunate to spend my days listening to others share what they love to do.Interestingly, these conversations ...
Read MoreWith over 18 years of experience working with prospective, new, and even established business owners, I’ve witnessed firsthand how fear, uncertainty, and doubt can hold people back from pursuing their dreams. However, I’ve also learned that these challenges are often easier to overcome than we ...
Read MoreWhen exploring franchise ownership, it’s natural to gravitate towards concepts you're familiar with or those that are already popular. However, focusing only on well-known brands or industries can limit your potential for finding the perfect fit. Successful franchise ownership isn’t just about ...
Read MoreYou’ve made the exciting decision to start your own business, possibly by purchasing a franchise. Your first instinct might be to dive into research, craft a solid plan, and then present it to your significant other, expecting them to be dazzled by your thoroughness and vision.But here’s why that ...
Read MoreAre you thinking about becoming a business owner but feeling overwhelmed by the choices? Selecting the right franchise can be a complicated process if you go at it alone. Here's how you can avoid common mistakes and make the best decision with the help of an expert.(Here's what you should and ...
Read MoreAbout a year ago, I began to yearn for being my own boss again.Here’s how i decided to pursue my dream:Family Life ChangesMy husband decided to retire, and we spent a lot of time talking about what he would do next; how he would spend his days. I wanted to be part of that journey. But with my ...
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