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When I was a franchise broker, several of my candidates-notice I didn't say “clients,” because they weren’t, would ask me a question that I didn't like answering. Read this post to see what it was, and why I didn't like answering it. Read More

Have you ever wondered how funders discover top founders? Founders are different from one to another, and spotting one is difficult. Here are some tips. Read More

As a sole proprietor, you and your business are one and the same, and therefore business and personal taxes are filed together. Read on for a look at the function of an owner’s draw and the tax features to consider when paying yourself. Read More

Often entrepreneurs focus on the wrong things during a pitch session, resulting in a strikeout instead of a home run. Read More

The recent movement in Seattle and other major US cities to raise the minimum wage has franchise owners rankled. It’s not just that they’ll have to pay workers as much as $15 an hour. It’s that franchise business owners won’t get the same grace period to raise wages that other small businesses will Read More

Crowdfunding is basically organizing the funds for a new venture or a start-up enterprise by arranging for small funding from a number of individuals or organizations. This is quite similar to an enterprise raising capital through issue of equity shares available to the public. In fact, crowdfundin Read More

Setting up an online shop allows you to run a 24-hour storefront. Whether you have a business that operates solely online, or you have both a brick-and-mortar and an online shop, getting a handle on the intricacies of online sales tax laws will save you a huge headache. Read More

Wheel of Fortune is a super-popular game show in the US. Pat Sajak, the host, is very recognizable. He's just become the spokesman-and partner, of a new franchise concept that's trying to take on Groupon. However... Read More

Here's the 2nd part of a two-part interview with Carolyn McClure, Senior Vice President, Midland American Capital, a purchase order financing firm. In this interview she gives the 411 on the difference between purchase order financing, Letters of Credit, and receivables financing. Read More