Did you know that about 15%—or one in seven—franchises are owned by military veterans? These "vetrepreneurs" are drawn to franchising because the structured systems and detailed operating manuals are a natural fit, resembling the rigor and procedures found in military protocols for equipment, ...
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 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 ...
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